# Orion Properties Inc. (ONL)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/orion-properties-inc/ JSON: https://steadybase.io/company/orion-properties-inc.json Checked Nov 10, 2026. Latest filing read: Nov 5, 2026.

## Company

- Legal name: Orion Properties Inc.
- Ticker: ONL (NYSE)
- SEC CIK: 0001873923
- Industry: Real Estate Investment Trusts (SIC 6798)
- Headquarters: Phoenix, AZ
- Fiscal year ends: December 31
- SEC filer category: Accelerated filer<br>Smaller reporting company<br>Emerging growth company
- Website: onlreit.com
- LinkedIn: https://www.linkedin.com/company/orion-office-reit
- Next earnings date: Nov 20, 2026

## Key facts

- Revenue: $147.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/0001873923-26-000038-index.html
- Net income: -$139.3M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/0001873923-26-000038-index.html
- SG&A: $20.3M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/0001873923-26-000038-index.html
- Employees: 37 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Shares outstanding: 57,044,714 as of Oct 30, 2026 (10-Q filed Nov 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000118/0001873923-26-000118-index.html
- Auditor: Kpmg LLP, San Diego, CA, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm

## Business

Orion Properties Inc. is an internally managed real estate investment trust (“REIT”) engaged in the ownership, acquisition, and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased primarily on a single-tenant net lease basis to creditworthy tenants. Our portfolio is comprised of traditional office properties, as well as governmental, medical office, flex/laboratory and R&D and flex/industrial properties.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income | SG&A |
|---|---|---|---|
| Dec 31, 2025 | $147.6M | -$139.3M | $20.3M |
| Dec 31, 2024 | $164.9M | -$103.0M | $20.1M |
| Dec 31, 2023 | $195.0M | -$57.3M | $18.7M |
| Dec 31, 2022 | $208.1M | -$97.5M | $15.9M |
| Dec 31, 2021 | $79.7M | -$47.5M | $3.8M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/orion-properties-inc.json

## Officers and directors

- Gavin B. Brandon, Executive Vice President, Chief Financial Officer and Treasurer. LinkedIn: https://www.linkedin.com/in/gavinbrandon. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Paul C. Hughes, General Counsel & Secretary. LinkedIn: https://linkedin.com/in/paul-hughes-b03b9410b. Source: Form 4 filed Mar 16, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000068/0001873923-26-000068-index.htm
- Revea L. Schmidt, Chief Accounting Officer. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Reginald H. Gilyard, Director, Non-Executive Chairman. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Christopher Haviland Day, See Remarks.. Source: Form 4 filed Mar 16, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000066/0001873923-26-000066-index.htm
- Gavin Brandon, See Remarks.. Source: Form 4 filed Mar 16, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000062/0001873923-26-000062-index.htm
- Paul H. Mcdowell, See Remarks.. LinkedIn: https://linkedin.com/in/paul-mcdowell-889529b0. Source: Form 4 filed Mar 16, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000060/0001873923-26-000060-index.htm
- Revea Lynn Schmidt, See Remarks.. Source: Form 4 filed Mar 16, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000064/0001873923-26-000064-index.htm
- Gregory J. Whyte, Director. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Kathleen R. Allen, Director. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- Richard J. Lieb, Director. Source: 10-K filed Mar 5, 2026, https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm

## Recent 8-K events

- Nov 5, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000116/onl-20261105.htm
- Aug 6, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000105/onl-20260806.htm
- May 13, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000085/onl-20260513.htm
- May 7, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000081/onl-20260507.htm
- Mar 5, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000037/onl-20260305.htm
- Feb 19, 2026: Item 1.01, Entry into a material definitive agreement; Item 1.02, Termination of a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000023/onl-20260217.htm
- Jan 26, 2026: Item 1.01, Entry into a material definitive agreement; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000017/onl-20260126.htm
- Nov 10, 2025: Item 1.02, Termination of a material definitive agreement. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000141/onl-20251110.htm
- Nov 6, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000129/onl-20251106.htm
- Sep 22, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000124/onl-20250922.htm

## Insider trades (Form 4)

- Aug 27, 2025: Reginald Harold Gilyard (Director) bought 55,000 shares, about $160,050. Source: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000121/0001873923-25-000121-index.htm

## Latest filings

- 8-K filed Aug 6, 2026: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000105/onl-20260806.htm
- 10-K filed Mar 5, 2026: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000038/onl-20251231.htm
- 10-Q filed Aug 6, 2026: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000107/onl-20260630.htm
- DEF 14A filed Mar 20, 2026: https://www.sec.gov/Archives/edgar/data/1873923/000187392326000073/definitiveproxystatement20.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/