Orion Energy Systems, Inc. (OESX) Financial Statements
Industry: Electric Lighting & Wiring Equipment
In fiscal 2026, Orion Energy Systems reported revenue of $86.3M, up 8.3% from $79.7M the year before. Net income was -$3.2M (a -3.7% net margin), or -$0.89 per diluted share. Gross margin was 32.6% and operating margin was -1.9%. Operating activities generated -$1.1M of cash, leaving -$1.2M of free cash flow. At fiscal year end, Orion Energy Systems held $51.6M in total assets against $35.0M in total liabilities, including $3.3M of cash and equivalents.
Open the full interactive Orion Energy Systems financials → Quarterly statements, key ratios, valuation history and price charts.
Orion Energy Systems Key Stats
| Share Price | $24.80 |
|---|---|
| Market Cap | $103.2M |
| Revenue YoY Growth | +8.3% |
| 52-Week Range | $8.35 – $30.73 |
| Shares Outstanding | 4.1 million (basic, 2027 Q1) |
Orion Energy Systems Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $116.8M | $124.4M | $77.4M | $90.6M | $79.7M | $86.3M |
| Cost of Goods Sold | $86.7M | $90.5M | $59.9M | $69.7M | $59.5M | $58.2M |
| Gross Profit | $30.1M | $33.9M | $17.5M | $20.9M | $20.2M | $28.1M |
| Operating Income | $6.8M | $8.4M | -$16.0M | -$10.8M | -$10.6M | -$1.6M |
| Pre-Tax Income | $6.5M | $8.2M | -$16.4M | -$11.6M | -$11.8M | -$3.1M |
| Income Tax | -$19.6M | $2.2M | $18.0M | $41,000 | $42,000 | $60,000 |
| Net Income | $26.1M | $6.1M | -$34.3M | -$11.7M | -$11.8M | -$3.2M |
| Diluted EPS | $8.30 | $1.90 | -$10.80 | -$3.60 | -$3.60 | -$0.89 |
Orion Energy Systems Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $19.9M | $21.1M | $25.7M | $25.7M |
| Net Income | -$581,000 | $160,000 | -$1.5M | $2.0M |
| Diluted EPS | -$0.17 | $0.04 | -$0.42 | $0.47 |
Orion Energy Systems Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $19.4M | $14.5M | $16.0M | $5.2M | $6.0M | $3.3M |
| Current Assets | $56.5M | $51.2M | $50.4M | $44.8M | $35.5M | $37.7M |
| Total Assets | $92.8M | $86.8M | $71.6M | $63.2M | $52.5M | $51.6M |
| Current Liabilities | $30.4M | $18.4M | $24.5M | $28.1M | $26.8M | $26.7M |
| Total Long-Term Debt | $49,000 | $35,000 | $10.0M | $10.0M | $10.3M | $6.0M |
| Total Liabilities | $34.7M | $21.7M | $38.3M | $40.6M | $40.6M | $35.0M |
| Shareholders' Equity | $58.1M | $65.1M | $33.2M | $22.5M | $11.9M | $16.6M |
Orion Energy Systems Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.7M | -$113,000 | -$2.3M | -$10.1M | $599,000 | -$1.1M |
| Cash From Investing | -$946,000 | -$4.9M | -$6.2M | -$731,000 | $128,000 | -$86,000 |
| Cash From Financing | -$10.1M | $104,000 | $10.0M | -$14,000 | $90,000 | -$1.5M |
| Free Cash Flow | $827,000 | -$631,000 | -$2.9M | -$10.9M | $500,000 | -$1.2M |
Figures from Orion Energy Systems' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Orion Energy Systems financials page for every line item.
Orion Energy Systems Company Profile
| Ticker | OESX |
|---|---|
| Exchange | Nasdaq |
| Industry | Electric Lighting & Wiring Equipment |
| Headquarters | Manitowoc, Wisconsin |
| Incorporated in | Wisconsin |
| Fiscal Year End | March 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001409375 |
Frequently Asked Questions
What was Orion Energy Systems' revenue in fiscal 2026?
Orion Energy Systems (OESX) reported revenue of $86.3M for fiscal 2026.
What is Orion Energy Systems' annual revenue history?
Orion Energy Systems' annual revenue by fiscal year: 2021: $116.8M; 2022: $124.4M; 2023: $77.4M; 2024: $90.6M; 2025: $79.7M; 2026: $86.3M.
What was Orion Energy Systems' net income in fiscal 2026?
Orion Energy Systems reported net income of -$3.2M for fiscal 2026.
What was Orion Energy Systems' earnings per share (EPS) in fiscal 2026?
Orion Energy Systems' diluted EPS was -$0.89 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Orion Energy Systems generate in fiscal 2026?
Orion Energy Systems generated -$1.2M of free cash flow in fiscal 2026.
What was Orion Energy Systems' revenue last quarter?
In its most recent reported quarter (2027 Q1), Orion Energy Systems reported revenue of $25.7M.
How much debt does Orion Energy Systems have?
Orion Energy Systems reported $6.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Orion Energy Systems are outstanding?
Orion Energy Systems reported a weighted average of 4.1 million basic shares outstanding in 2027 Q1.
What is Orion Energy Systems' market cap?
Based on its latest closing price, Orion Energy Systems (OESX) has a market capitalization of about $103.2M.
When does Orion Energy Systems' fiscal year end?
Orion Energy Systems' fiscal year end, as registered with the SEC, is March 31.
Where is Orion Energy Systems headquartered?
Orion Energy Systems lists its business address in Manitowoc, Wisconsin in its SEC filings.