Orion Engineered Carbons S.A. (OEC) Income Statement
OEC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOEC revenue and net income
Where OEC's revenue goes
2025Each bar shows an amount and its share of revenue. OEC kept −3.9% of revenue as net income.
OEC profit margins
OEC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.8% | −3.8% | +9.7% | +4.0% |
| Gross profit | −16.1% | −7.1% | +4.2% | +0.3% |
| Operating income | −38.0% | −20.2% | +1.1% | −3.3% |
| Net income | −258.6% | — | — | — |
| EPS (diluted) | −70.5% | −37.2% | −14.0% | −8.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OEC quarterly EPS vs estimates
Orion Engineered Carbons beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.05).
OEC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $1.88B | $1.89B | $2.03B | $1.55B | $1.14B | $1.48B | $1.58B | $1.33B | $1.08B |
| Cost of revenue | $1.45B | $1.45B | $1.44B | $1.58B | $1.16B | $844.0M | $1.09B | $1.15B | $950.7M | $727.6M |
| Gross profit | $359.8M | $428.8M | $451.0M | $448.8M | $386.6M | $292.3M | $389.7M | $430.0M | $377.6M | $355.8M |
| Research & development | $27.5M | $27.1M | $24.5M | $21.7M | $22.0M | $20.2M | $19.9M | $20.3M | $18.2M | $15.3M |
| Sales, general & admin | $230.7M | $237.8M | $222.2M | $227.1M | $210.4M | $176.1M | $206.9M | $231.9M | $210.3M | $192.6M |
| Total operating expenses | $258.2M | $264.9M | $246.4M | $248.8M | $232.4M | $196.3M | $226.8M | $252.2M | $225.7M | $208.8M |
| Operating income | $101.6M | $163.9M | $204.6M | $200.0M | $154.2M | $96.0M | $162.9M | $177.7M | $151.9M | $165.3M |
| Interest income | $62.3M | $49.4M | $50.9M | $39.9M | $38.0M | $38.7M | $27.6M | $28.6M | $44.1M | $43.3M |
| Interest expense | $62.3M | $49.4M | $50.9M | $39.9M | $38.0M | $38.7M | $24.0M | $28.6M | $29.1M | $42.2M |
| Income before taxes | −$34.3M | $53.9M | $163.8M | $157.7M | $186.4M | $26.3M | $120.1M | $168.3M | $84.6M | $75.1M |
| Income taxes | $35.8M | $9.7M | $60.3M | $51.5M | $51.7M | $8.1M | $33.2M | $46.9M | $19.7M | $25.7M |
| Net income | −$70.1M | $44.2M | $103.5M | $106.2M | $134.7M | $18.2M | $86.9M | $121.3M | $64.9M | $49.4M |
| EBITDA | $159.9M | $225.9M | $324.9M | $308.0M | $327.1M | $149.9M | $240.3M | $293.2M | $220.2M | $203.5M |
| EPS (diluted) | $0.49 | $1.66 | $1.93 | $1.98 | $1.75 | $1.04 | $1.87 | $2.20 | $1.67 | $1.49 |
| Gross margin | 19.9% | 22.8% | 23.8% | 22.1% | 25.0% | 25.7% | 26.4% | 27.2% | 28.4% | 32.8% |
| Operating margin | 5.6% | 8.7% | 10.8% | 9.8% | 10.0% | 8.4% | 11.0% | 11.3% | 11.4% | 15.3% |
| Net margin | −3.9% | 2.4% | 5.5% | 5.2% | 8.7% | 1.6% | 5.9% | 7.7% | 4.9% | 4.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $500.9M | $459.5M | $411.7M | $450.9M | $466.4M | $477.7M | $434.2M | $463.4M | $477.0M | $502.9M | $468.2M | $466.2M |
| Cost of revenue | $407.9M | $380.3M | $334.0M | $365.3M | $368.0M | $379.6M | $344.9M | $355.9M | $367.2M | $380.7M | $380.9M | $356.0M |
| Gross profit | $93.0M | $79.2M | $77.7M | $85.6M | $98.4M | $98.1M | $89.3M | $107.5M | $109.8M | $122.2M | $87.3M | $110.2M |
| Research & development | $7.2M | $7.3M | $7.5M | $6.9M | $6.5M | $6.6M | $7.0M | $7.0M | $6.5M | $6.6M | $6.2M | $6.2M |
| Sales, general & admin | $62.7M | $59.1M | $57.1M | $57.5M | $57.7M | $58.4M | $58.1M | $57.9M | $60.3M | $61.5M | $53.6M | $55.6M |
| Total operating expenses | $71.7M | $66.4M | $64.6M | $64.4M | $64.2M | $65.0M | $65.1M | $64.9M | $66.8M | $68.1M | $59.8M | $61.8M |
| Operating income | $21.3M | $12.8M | $13.1M | $21.2M | $34.2M | $33.1M | $24.2M | $42.6M | $43.0M | $54.1M | $27.5M | $48.4M |
| Interest income | — | — | $15.1M | $14.4M | $19.1M | $13.7M | $8.6M | $15.9M | — | — | — | $12.9M |
| Interest expense | $16.3M | $14.7M | $15.1M | $15.3M | $19.1M | $13.7M | $8.6M | $15.9M | $12.2M | $12.7M | $9.3M | $12.9M |
| Income before taxes | $5.0M | −$3.2M | $1.7M | −$67.6M | $13.6M | $18.0M | $15.1M | −$31.0M | $29.6M | $40.2M | $20.2M | $35.1M |
| Income taxes | $3.2M | $6.7M | $22.8M | −$500,000 | $4.6M | $8.9M | −$2.1M | −$10.8M | $9.1M | $13.5M | $15.3M | $8.9M |
| Net income | $1.8M | −$9.9M | −$21.1M | −$67.1M | $9.0M | $9.1M | $17.2M | −$20.2M | $20.5M | $26.7M | $4.9M | $26.2M |
| EBITDA | $70.5M | $44.2M | $51.5M | −$18.6M | $62.2M | $60.4M | $51.1M | $18.7M | $74.3M | $83.4M | $62.1M | $76.2M |
| EPS (diluted) | $0.14 | −$0.11 | −$0.34 | $0.29 | $0.32 | $0.22 | $0.35 | $0.38 | $0.41 | $0.52 | $0.17 | $0.49 |
| Gross margin | 18.6% | 17.2% | 18.9% | 19.0% | 21.1% | 20.5% | 20.6% | 23.2% | 23.0% | 24.3% | 18.6% | 23.6% |
| Operating margin | 4.3% | 2.8% | 3.2% | 4.7% | 7.3% | 6.9% | 5.6% | 9.2% | 9.0% | 10.8% | 5.9% | 10.4% |
| Net margin | 0.4% | −2.2% | −5.1% | −14.9% | 1.9% | 1.9% | 4.0% | −4.4% | 4.3% | 5.3% | 1.0% | 5.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OEC's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OEC financial results
In fiscal year 2025 (ended December 31, 2025), Orion Engineered Carbons reported revenue of $1.8 billion, down 3.8% from the year before. It had a net loss of $70.1 million, a net profit margin of −3.9%. Diluted earnings per share came to $0.49. Over five years revenue grew at an average rate of 9.7% a year.
See the OEC stock overview for the latest quote and news, or the OEC chart for price history and technical indicators.
OEC income statement FAQ
What is Orion Engineered Carbons's annual revenue?
Orion Engineered Carbons reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 3.8% from $1.9 billion the previous year.
Is Orion Engineered Carbons profitable?
No. Orion Engineered Carbons reported a net loss of $70.1 million in fiscal 2025, a net profit margin of −3.9%; its operating margin was 5.6%.
What is Orion Engineered Carbons's gross margin?
Orion Engineered Carbons's gross margin was 19.9% in fiscal 2025: for every $100 of revenue, Orion Engineered Carbons kept $20 after the direct cost of its products and services.
How much does Orion Engineered Carbons spend on research and development?
Orion Engineered Carbons spent $27.5 million on research and development in fiscal 2025, 1.5% of revenue.
How fast is Orion Engineered Carbons growing?
Revenue grew 9.7% a year on average over the last five fiscal years, from $1.1 billion to $1.8 billion.
What are Orion Engineered Carbons's earnings per share?
Orion Engineered Carbons earned $0.49 per diluted share in fiscal 2025, compared with $1.66 a year earlier.
When will Orion Engineered Carbons report its next earnings?
Orion Engineered Carbons is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Orion Engineered Carbons's fiscal year end?
Orion Engineered Carbons's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.