Origin Materials (NASDAQ: ORGN) reported Q2 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $5.81 million.

Company's Guidance Note:

We Are Revising Our Revenue and Run-Rate Adjusted EBITDA Guidance. We estimate an aggregate reduction in manufacturing output of approximately 50% and 15% for 2026 and 2027, respectively, compared to our prior estimates. This is due to the impact of the aforementioned delay in CapFormer FAT timing for lines two through eight on our backloaded 2026 production schedule described in May 2025. Prior revenue guidance for 2026 and 2027 was a range of $50 million to $70 million and $150 million to $210 million, respectively. We are updating revenue guidance, before consideration of potential strategic review outcomes, to $20 million to $30 million and $100 million to $200 million for 2026 and 2027, respectively. In addition, we expect these same factors to push our Adjusted EBITDA run-rate breakeven from 2026 into 2027.

For earnings history and earnings-related data on Origin Materials (ORGN) click here.