Quarterly ResultMay 7, 2026, 04:02 PM
Orion Digital Q1 2026 Adjusted EBITDA +46%, Cash +97%; New App Released
AI Summary
Orion Digital Corp. reported strong Q1 2026 financial results, with Adjusted EBITDA increasing 46% year-over-year and cash and restricted cash growing 97%. The company also announced the release of its new Intelligent Investing app, a key milestone in its strategy to build AI-driven financial platforms. Wealth AUM and revenue, along with EU Payments volume, showed double-digit growth, while net loss improved significantly. The company provided Q2 and full-year 2026 Adjusted EBITDA guidance and noted a temporary reduction in Q2 loan originations to highlight operational cash flow.
Key Highlights
- Adjusted EBITDA increased 46% year-over-year to $1.5 million in Q1 2026.
- Cash and restricted cash grew 97% year-over-year to $25.6 million.
- Wealth Assets Under Management (AUM) rose 14% year-over-year to $495.6 million.
- Wealth revenue increased 12% year-over-year to $3.9 million.
- EU Payments transaction volume grew 12% year-over-year to $2.7 billion.
- Net loss improved 51% year-over-year to $5.8 million.
- Q2 2026 Adjusted EBITDA guidance is $2.5 million to $3.5 million.
- Company temporarily reducing Q2 loan originations by approximately 50% from Q1 levels.
Price Impact
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