ONL · Orion Office REIT Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.14M | - | $4.61M | $4.84M | $4.90M | - | $4.47M | $4.54M | $4.95M | - |
| Total Operating Expenses | $39.64M | - | $100.41M | $55.24M | $39.14M | - | $41.13M | $64.76M | $65.25M | - |
| D&A | $13.16M | - | $14.71M | $14.93M | $16.02M | - | $19.91M | $38.61M | $24.50M | - |
| Operating Income | ($13.50M) | - | ($68.96M) | ($25.03M) | ($9.29M) | - | ($10.13M) | ($33.73M) | ($26.15M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $71.0K | - | $67.0K | $67.0K | $66.0K | - | $76.0K | $73.0K | $77.0K | - |
| Net Income | ($13.58M) | - | ($69.03M) | ($25.10M) | ($9.36M) | - | ($10.22M) | ($33.80M) | ($26.23M) | - |
| EPS - Basic | ($0.24) | - | ($1.23) | ($0.45) | ($0.17) | - | ($0.18) | ($0.60) | ($0.47) | - |
| EPS - Diluted | ($0.24) | - | ($1.23) | ($0.45) | ($0.17) | - | ($0.18) | ($0.60) | ($0.47) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.27M | $22.36M | $32.64M | $17.38M | $9.38M | $15.60M | $16.56M | $24.22M | $23.62M | $22.47M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.19B | $1.17B | $1.22B | $1.29B | $1.33B | $1.34B | $1.37B | $1.34B | $1.39B | $1.42B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $497.28M | $465.00M | $483.00M | $483.00M | $505.00M | $492.00M | $485.00M | $462.00M | $471.00M | $471.00M |
| Total Liabilities | $578.50M | $545.99M | $562.68M | $558.86M | $573.07M | $571.17M | $566.54M | $522.36M | $529.57M | $536.93M |
| Stockholders' Equity | $608.52M | $623.21M | $658.82M | $728.01M | $753.48M | $763.92M | $800.93M | $816.11M | $854.57M | $885.62M |
| Retained Earnings | ($543.43M) | ($528.48M) | ($491.46M) | ($421.30M) | ($395.04M) | ($384.35M) | ($345.95M) | ($330.14M) | ($290.71M) | ($258.81M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($7.72M) | - | - | - | ($2.25M) | - | - | - | $11.02M | - |
| Investing Cash Flow | ($16.68M) | - | - | - | ($13.11M) | - | - | - | ($3.75M) | - |
| Financing Cash Flow | $24.30M | - | - | - | $6.67M | - | - | - | ($5.83M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.1% | - | -5.6% | -1.9% | -0.7% | - | -0.7% | -2.5% | -1.9% | - |
| Return on equity | -2.2% | - | -10.5% | -3.4% | -1.2% | - | -1.3% | -4.1% | -3.1% | - |
| Return on invested capital | -1.0% | - | -4.8% | -1.6% | -0.6% | - | -0.6% | -2.1% | -1.6% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.82 | 0.75 | 0.73 | 0.66 | 0.67 | 0.64 | 0.61 | 0.57 | 0.55 | 0.53 |
| Debt / Assets | 0.42 | 0.40 | 0.39 | 0.37 | 0.38 | 0.37 | 0.35 | 0.34 | 0.34 | 0.33 |
| Debt / EBITDA | - | - | - | - | 75.00 | - | 49.58 | 94.56 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.95 | 1.88 | 1.86 | 1.77 | 1.76 | 1.75 | 1.71 | 1.64 | 1.62 | 1.61 |
| Liabilities / Assets | 0.49 | 0.47 | 0.46 | 0.43 | 0.43 | 0.43 | 0.41 | 0.39 | 0.38 | 0.38 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.2x | - | 0.2x | 0.2x | 0.2x | - | 0.3x | 0.2x | 0.2x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | 91.4x | - | 70.8x | 130.7x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -45.3% | - | -580.7% | 25.8% | 64.5% | - | 38.0% | -117.2% | -200.1% | - |
| Net income growth (YoY) | -45.0% | - | -575.7% | 25.7% | 64.3% | - | 38.2% | -114.9% | -195.2% | - |
| EPS growth (YoY) | -41.2% | - | -583.3% | 25.0% | 63.8% | - | 37.9% | -114.3% | -193.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -19.2% | -18.4% | -17.7% | -10.8% | -11.8% | -13.7% | -11.8% | -12.8% | -10.8% | -9.1% |
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing Orion Office REIT Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.08/share trailing 12 months · -75.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.0200 |
| Dec 31, 2025 | $0.0200 |
| Sep 30, 2025 | $0.0200 |
| Jun 30, 2025 | $0.0200 |
| Mar 31, 2025 | $0.0200 |
| Dec 31, 2024 | $0.1000 |
| Sep 30, 2024 | $0.1000 |
| Jun 28, 2024 | $0.1000 |
| Mar 27, 2024 | $0.1000 |
| Dec 28, 2023 | $0.1000 |
| Sep 28, 2023 | $0.1000 |
| Jun 29, 2023 | $0.1000 |
| Mar 30, 2023 | $0.1000 |
| Dec 29, 2022 | $0.1000 |
| Sep 29, 2022 | $0.1000 |
| Jun 29, 2022 | $0.1000 |
| Mar 30, 2022 | $0.1000 |