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.

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.

Orion Digital Corp. announced on June 26, 2026, that it received a notification from Nasdaq regarding a minimum bid price deficiency. The company is currently in violation of Nasdaq's minimum bid price requirement. Orion Digital Corp. operates in the digital services sector.