Orion Properties Inc. reported second quarter 2026 results including $34.3 million in revenue and $0.42 diluted net income per share, driven by a $28.8 million gain on property dispositions. The company sold four properties for $83.7 million year-to-date, reducing debt obligations by $60.7 million to achieve a Net Debt to Annualized Adjusted EBITDA ratio of 5.4x. Orion raised its 2026 Core FFO per share guidance range to $0.72–$0.77 and lowered the Net Debt to Adjusted EBITDA target to 6.0x–6.8x. Additionally, the Board declared a quarterly cash dividend of $0.02 per share for Q3 2026, payable October 15, 2026, to shareholders of record as of September 30, 2026. The company continues its strategic options review process while managing an ongoing payment default on a joint venture mortgage.