Earnings ·
Orion Digital Corp. reported unaudited financial results for the three and six months ended June 30, 2026
ORIOOrion Digital Corp.
Orion Digital Corp. reported unaudited financial results for the three and six months ended June 30, 2026. Total revenue was $16.9 million in Q2, consistent with the prior year, while total revenue for the first half of 2026 decreased slightly to $33.7 million from $34.3 million. The company reported a net loss of $0.7 million in Q2 and $6.6 million for the six-month period, primarily due to non-operating revaluation gains on marketable securities recorded in the prior year periods. Adjusted EBITDA increased 70% year-over-year to $3.3 million in Q2 and rose 61% to $4.8 million for the first half of 2026, driven by reduced lending deployment and lower loan-loss provisions. Wealth revenue grew 14% to $4.1 million, with assets under management reaching $545.3 million. The company repurchased 113,628 shares in Q2 and maintains a Nasdaq authorization of up to $10 million for share buybacks. Orion Digital Corp. operates as a financial technology company providing wealth management, payments infrastructure, and consumer lending services.