Earnings ·
Orion Digital Corp. reported Q2 2026 financial results, posting Adjusted EBITDA of $3.3 million, a 115% sequential…
ORIOOrion Digital Corp.
Orion Digital Corp. reported Q2 2026 financial results, posting Adjusted EBITDA of $3.3 million, a 115% sequential increase and near the top of its guidance range. Total revenue was $16.9 million, with Wealth AUM growing 18% year-over-year to $545.3 million and Wealth revenue rising 14%. The company commercially launched its Intelligent Investing platform in July 2026 while reducing Mogo lending originations to improve capital efficiency. Management expects second-half Adjusted EBITDA to be lower than the first half due to increased lending deployment and marketing investment, but anticipates full-year Adjusted EBITDA will trend toward or exceed the upper end of its $6.0 million to $7.0 million guidance range. Orion Digital operates in the financial technology industry, providing wealth management, European payments infrastructure, and Canadian consumer finance services.