NYSE$ONL

Orion Office Reit Inc. · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Orion Properties reported Q3 2025 total revenues of $37.1M with a net loss of $69.0M.

Total revenues were $37.1 million while net loss widened to $69.0 million, reflecting property operations and fair-value adjustments in the net-lease portfolio.

  • Q3 total revenues $37.1M.
  • Net loss $69.0M.
  • Portfolio occupancy and lease escalators drive recurring revenue.
  • Capital allocation and asset sales remain strategic levers.

Headline financials

Total Revenue

$37.1M

Previous: $39.2M-5.2%
EPS (adj)

$1.23

Previous: -$0.18+783.3%
Capital Expenditures

-$425K

Previous: $0.00
Free Cash Flow

-$69.5M

Previous: -$10.2M-579.8%
Net Income

-$69M

Previous: -$10.2M-575.7%
Operating Income

-$134M

Previous: -$7.54M-1672.7%
Gross Profit

$19.6M

Previous: $22.4M-12.5%

Revenue & EPS history

Orion Office REIT · Revenue · Quarterly

$37.1M

Q3 2025-5.2%vs Q3 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

The filing discusses Orion Properties's outlook, capital priorities, and key risks, including guidance or operating targets where disclosed.

Tailwinds

  • Orion Properties cites execution and demand supporting the near-term outlook.
  • Balance sheet and capital allocation remain focal points in the filing.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competition, and input costs may pressure margins quarter to quarter.
  • One-time items and segment mix can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-4.8%

Avg return

Earnings day

-6.1%

Avg return

5 days after

-9.1%

Avg return

30 days after

32%

7 / 22 earnings

Positive

+6.1%

Q3 2025

Best reaction

-29.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%+0.3%-2.4%
Q4 2025-3.1%-5.9%-14.5%
Q3 2025+6.1%-0.4%-15.9%
Q1 2025-2.5%+8.5%+5.5%
Q4 2024-29.4%-36.9%-51.9%
Q3 2024+1.8%-3.0%+1.3%
Q2 2024+0.3%-1.3%+8.8%
Q1 2024+0.6%+10.4%+3.0%
Q4 2023-14.8%-17.1%-18.8%
Q3 2023-1.2%+1.4%+10.5%
Q2 2023+4.2%+4.6%-10.7%
Q1 2023-2.7%-10.0%+3.5%
Q4 2022-0.7%-11.3%-12.2%
Q3 2022-1.7%-2.7%+1.7%
Q2 2022+0.3%+1.4%-8.2%
Q1 2022-2.4%-5.5%-4.9%
Q1 2021-2.4%-5.5%-4.9%
Q2 2021-14.1%-16.5%-24.1%
Q4 2020-14.1%-16.5%-24.1%
Q4 2021-14.1%-16.5%-24.1%
Q4 2019-14.1%-16.5%-24.1%
Q3 2021+0.8%+4.3%+5.7%
Q3 2020
Q2 2020
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro