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Orion Energy Systems, Inc. logo

Orion Energy Systems, Inc.

OESX

NASDAQIndustrialsElectrical Equipment & Parts

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$19.83

+$0.76 · +3.99%

Aug 21, 4:00 PM ET

OESX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

20

Overpriced

Momentum

40

Weakening

Sentiment

64

Bullish

Risk resilience

33

High Risk

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Company profile

Company website

Orion Energy Systems, Inc. specializes in the comprehensive development, manufacturing, and implementation of energy management solutions, catering to commercial offices, retail spaces, industrial facilities, and exterior lighting needs throughout North America. Its operations are structured across three key segments: Orion Services Group, Orion Distribution Services, and Orion U.S. Markets. The company's product range includes interior LED high-bay luminaires, sophisticated smart building control systems that provide both lighting management and valuable data analytics for facility operators, and LED troffer door retrofits designed for grid ceilings in office and retail environments. Additionally, Orion supplies a diverse portfolio of LED and High-Intensity Fluorescent (HIF) lighting solutions addressing needs in agribusiness, parking lots, roadways, general retail, mezzanines, and various outdoor settings, also serving the private label market. Complementing its product offerings, Orion provides comprehensive maintenance, repair, and component replacement services. It also delivers a wide array of energy management services: site evaluations, on-site field verification, assistance with securing utility incentives and government subsidies, detailed engineering design, project oversight, installation coordination, facility commissioning, and environmentally responsible recycling initiatives. Furthermore, the company actively supplies the aftermarket with replacement lamps and fixture parts. Orion reaches its clientele through a multifaceted distribution network, including direct sales, independent sales agencies, third-party distributors, national and regional account end-users, federal and state government contracts, electrical distributors, electrical contractors, and energy service providers. Founded in 1996, Orion Energy Systems, Inc. maintains its headquarters in Manitowoc, Wisconsin.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
US
CEO
Sally A. Washlow
Listed since
Dec 19, 2007
Employees
174

Market position

Day range

Current $19.83

52-week range

Current $19.83

Open
$19.24
Previous close
$19.07
Volume
50.44K
0.85× average
Average volume
59.69K
Average daily volume
Market cap
80.44M USD
Beta
0.79
Market reference 1
50-day average
$12.6066
+57.30% above average
200-day average
$12.4723
+58.99% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-3.23B USD
P/E (TTM)
-569.83×
P/B (TTM)
4.29×
P/S (TTM)
0.87×
EV / EBITDA
6,016.94×
Earnings yield
-10.16%
Free cash flow yield
-3.74%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
33.63%
Operating margin
1.60%
Net margin
0.04%
Return on equity
-19.02%
Return on assets
-6.13%
Return on invested capital
-6.32%

Financial health

Debt / equity
0.35×
Current ratio
1.41×
Altman Z-score
0.45
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%9%-21%-52%Gross margin, FY2022: 27.26%Gross margin, FY2023: 22.63%Gross margin, FY2024: 23.09%Gross margin, FY2025: 25.38%Gross margin, FY2026: 32.55%Operating margin, FY2022: 6.75%Operating margin, FY2023: -20.66%Operating margin, FY2024: -11.95%Operating margin, FY2025: -13.29%Operating margin, FY2026: -1.90%Net margin, FY2022: 4.90%Net margin, FY2023: -44.38%Net margin, FY2024: -12.88%Net margin, FY2025: -14.80%Net margin, FY2026: -3.66%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 27.26%. Gross margin FY2023 22.63%. Gross margin FY2024 23.09%. Gross margin FY2025 25.38%. Gross margin FY2026 32.55%. Operating margin FY2022 6.75%. Operating margin FY2023 -20.66%. Operating margin FY2024 -11.95%. Operating margin FY2025 -13.29%. Operating margin FY2026 -1.90%. Net margin FY2022 4.90%. Net margin FY2023 -44.38%. Net margin FY2024 -12.88%. Net margin FY2025 -14.80%. Net margin FY2026 -3.66%.

Income trends

Revenue

86.31M USD+8.26%

Operating income

−1.64M USD+84.50%

Net income

−3.16M USD+73.20%
Income trends across reported periods140.26M USD76.77M USD13.28M USD−50.21M USDRevenue, FY2022: 124.38M USDRevenue, FY2023: 77.38M USDRevenue, FY2024: 90.58M USDRevenue, FY2025: 79.72M USDRevenue, FY2026: 86.31M USDOperating income, FY2022: 8.39M USDOperating income, FY2023: −15.99M USDOperating income, FY2024: −10.82M USDOperating income, FY2025: −10.6M USDOperating income, FY2026: −1.64M USDNet income, FY2022: 6.09M USDNet income, FY2023: −34.34M USDNet income, FY2024: −11.67M USDNet income, FY2025: −11.8M USDNet income, FY2026: −3.16M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 124.38M USD. Revenue FY2023 77.38M USD. Revenue FY2024 90.58M USD. Revenue FY2025 79.72M USD. Revenue FY2026 86.31M USD. Operating income FY2022 8.39M USD. Operating income FY2023 −15.99M USD. Operating income FY2024 −10.82M USD. Operating income FY2025 −10.6M USD. Operating income FY2026 −1.64M USD. Net income FY2022 6.09M USD. Net income FY2023 −34.34M USD. Net income FY2024 −11.67M USD. Net income FY2025 −11.8M USD. Net income FY2026 −3.16M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue86.31M USD79.72M USD90.58M USD77.38M USD124.38M USD
Cost of goods sold58.21M USD59.48M USD69.67M USD59.87M USD90.47M USD
Gross profit28.09M USD20.24M USD20.91M USD17.51M USD33.91M USD
Research and development945K USD1.23M USD1.5M USD1.85M USD1.7M USD
Selling, general, and administrative28.79M USD29.6M USD29.73M USD30.88M USD23.31M USD
Operating expenses29.74M USD30.83M USD31.74M USD33.5M USD25.52M USD
Interest income3K USD7K USD2K USD34K USD—
Interest expense783K USD1.13M USD847K USD312K USD80K USD
Depreciation and amortization1.78M USD2.41M USD2.5M USD2.02M USD1.55M USD
Operating income−1.64M USD−10.6M USD−10.82M USD−15.99M USD8.39M USD
Net income−3.16M USD−11.8M USD−11.67M USD−34.34M USD6.09M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+4.62%
11 comparable reports
Latest EPS result
0.47
Estimate 0.07 · Beat by 604.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.550.17-0.2-0.58Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual -0.05, estimate -0.02, surprise -150.00%, Miss. Q2 2025, reported Jun 26, 2025: actual -0.09, estimate -0.05, surprise -80.00%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.4, estimate -0.5, surprise +20.00%, Beat. Q4 2025, reported Nov 5, 2025: actual -0.17, estimate -0.02, surprise -750.00%, Miss. Q1 2026, reported Feb 5, 2026: actual 0.04, estimate -0.18, surprise +122.22%, Beat. Q2 2026, reported Jun 4, 2026: actual 0.39, estimate 0.17, surprise +129.41%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.47, estimate 0.067, surprise +604.96%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.04, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates28.32M25.05M21.77M18.49MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 19.58M USD, estimate 27.23M USD, surprise -28.09%, Miss. Q2 2025, reported Jun 26, 2025: actual 20.87M USD, estimate 21.08M USD, surprise -0.99%, Miss. Q3 2025, reported Aug 6, 2025: actual 19.92M USD, estimate 20.59M USD, surprise -3.24%, Miss. Q4 2025, reported Nov 5, 2025: actual 19.92M USD, estimate 20.81M USD, surprise -4.27%, Miss. Q1 2026, reported Feb 5, 2026: actual 21.09M USD, estimate 21.2M USD, surprise -0.52%, Miss. Q2 2026, reported Jun 4, 2026: actual 25.7M USD, estimate 24.08M USD, surprise +6.71%, Beat. Q3 2026, reported Aug 5, 2026: actual 25.74M USD, estimate 23.56M USD, surprise +9.27%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 23.32M USD, surprise —, Comparison unavailable.

OESX news

marketbeat.com

Orion Energy Systems Reaffirms FY2027 Outlook After 32% Revenue Growth

Orion Energy Systems NASDAQ: OESX said it expects continued revenue and profitability growth in fiscal 2027 following what Chief Executive Officer Sally Washlow described as a successful turnaround in fiscal 2026.

Read source
globenewswire.com

Presenting on Emerging Growth Conference 95 Day 2 on August 20; Register to live stream

MIAMI, Aug. 19, 2026 (GLOBE NEWSWIRE) -- EmergingGrowth. com a leading independent small cap media portal announces the schedule of the 95th Emerging Growth Conference on August 19 and 20, 2026. The Emerging Growth…

Read source
zacks.com

Wall Street Analysts Think Orion Energy Systems (OESX) Could Surge 35.51%: Read This Before Placing a Bet

The consensus price target hints at a 35.5% upside potential for Orion Energy Systems (OESX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate…

Read source
marketbeat.com

Orion Energy Targets $95M-$97M Revenue After Margin Gains at Annual Meeting

Orion Energy Systems NASDAQ: OESX shareholders re-elected directors Richard A. Shapiro and Heather L.

Read source
seekingalpha.com

Orion Energy Systems, Inc. (OESX) Q1 2027 Earnings Call Transcript

Orion Energy Systems, Inc. (OESX) Q1 2027 Earnings Call Transcript

Read source
marketbeat.com

Orion Energy Systems Q1 Earnings Call Highlights

Orion Energy Systems NASDAQ: OESX reported fiscal 2027 first-quarter revenue growth of 32% year over year and its seventh consecutive quarter of positive adjusted EBITDA, while reaffirming its full-year outlook for…

Read source

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ETFs holding OESX

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
854.56K
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
404.33K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
247.81K
Weight
0.02%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%
Dimensional - US Sustainability Core 1 ETF logoDimensional - US Sustainability Core 1 ETFDFSU
Market value
24.7K
Weight
0.00%
AUM
2.35B USD
Expense ratio
0.15%
Price / 1D
$48.20+0.52%
Dimensional - US Core Equity 2 ETF logoDimensional - US Core Equity 2 ETFDFAC
Market value
21.93K
Weight
0.00%
AUM
49.31B USD
Expense ratio
0.17%
Price / 1D
$45.61+0.46%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
11.48K
Weight
0.00%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%
Dimensional - US Core Equity 1 ETF logoDimensional - US Core Equity 1 ETFDCOR
Market value
2.63K
Weight
0.00%
AUM
3.51B USD
Expense ratio
0.14%
Price / 1D
$84.54+0.42%

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