Company research
ORION ENERGY SYSTEMS, INC.
CIK 1409375Updated Sep 26, 2026
SecurityOESX · NASDAQ · equity
OESX price & chart
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NASDAQ:OESX on TradingView ↗About the company
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance.
In the news
Orion (Nasdaq: OESX) to Participate in the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2026 on June 23–24, 2026 ↗
Recent filings
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13G/A - filed by North Star Investment Management Corp. regarding ORION ENERGY SYSTEMS, INC.
DEFA14A filing
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 51,605,000Source | 52,463,000Source | 63,169,000Source | 71,579,000Source |
| Property, Plant and Equipment, NetUSD | 6,114,000Source | 8,026,000Source | 9,593,000Source | 10,470,000Source |
| GoodwillUSD | 1,484,000Source | 1,484,000Source | 1,484,000Source | 1,484,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,646,000Source | 3,379,000Source | 4,462,000Source | 6,004,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,265,000Source | 5,972,000Source | 5,155,000Source | 15,992,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 16,340,000Source | 12,845,000Source | 14,022,000Source | 13,728,000Source |
| Inventory, NetUSD | 10,304,000Source | 11,392,000Source | 18,246,000Source | 18,205,000Source |
| Assets, CurrentUSD | 37,682,000Source | 35,498,000Source | 44,822,000Source | 50,361,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,364,000Source | 1,939,000Source | 2,860,000Source | 1,116,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,673,000Source | 3,456,000Source | 1,770,000Source | 2,174,000Source |
| Other Assets, NoncurrentUSD | 3,679,000Source | 4,076,000Source | 2,808,000Source | 3,260,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 34,977,000Source | 40,579,000Source | 40,627,000Source | 38,330,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | -118,056,000Source | -114,893,000Source | -103,092,000Source | -91,421,000Source |
| Stockholders' Equity Attributable to ParentUSD | 16,628,000Source | 11,884,000Source | 22,542,000Source | 33,249,000Source |
| Additional Paid in Capital, Common StockUSD | 169,646,000Source | 163,025,000Source | 161,869,000Source | 160,907,000Source |
| Liabilities and EquityUSD | 51,605,000Source | 52,463,000Source | 63,169,000Source | 71,579,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 26,687,000Source | 26,844,000Source | 28,053,000Source | 24,454,000Source |
| Operating Lease, Liability, CurrentUSD | 715,000Source | 794,000Source | 990,000Source | 823,000Source |
| Accounts Payable, CurrentUSD | 15,451,000Source | 13,272,000Source | 18,350,000Source | 13,405,000Source |
| Operating Lease, Liability, NoncurrentUSD | 2,115,000Source | 2,829,000Source | 1,121,000Source | 1,826,000Source |
| Other Liabilities, NoncurrentUSD | 2,671,000Source | 3,427,000Source | 2,161,000Source | 3,384,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 10,728,000Source | 12,728,000Source | 9,440,000Source | 10,552,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 10,003,000Source |
| Long-term Debt, Current MaturitiesUSD | 353,000Source | 353,000Source | 3,000Source | 17,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 5,619,000Source | 9,971,000Source | 10,000,000Source | 10,003,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,163,000Source | -11,801,000Source | -11,671,000Source | -34,341,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,784,000Source | — | — | 2,095,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 483,000Source | 1,157,000Source | 950,000Source | 1,612,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,507,000Source | -800,000Source | 464,000Source | 586,000Source |
| Increase (Decrease) in InventoriesUSD | -627,000Source | -6,106,000Source | 603,000Source | -1,879,000Source |
| Increase (Decrease) in Accounts PayableUSD | 2,179,000Source | -5,078,000Source | 4,990,000Source | 2,372,000Source |
| Deferred Income Tax Expense (Benefit)USD | 5,000Source | 7,000Source | -5,000Source | 17,881,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,079,000Source | 599,000Source | -10,092,000Source | -2,291,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -86,000Source | 128,000Source | -731,000Source | -6,195,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 83,000Source | 99,000Source | 837,000Source | 586,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 11,000Source | 0Source | 2,000Source | 2,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,542,000Source | 90,000Source | -14,000Source | 10,012,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,707,000Source | 817,000Source | -10,837,000Source | 1,526,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 758,000Source | 962,000Source | 691,000Source | 346,000Source |
| Income Taxes Paid, NetUSD | -36,000Source | -26,000Source | -59,000Source | -87,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 483,000Source | 1,157,000Source | 950,000Source | 1,612,000Source |
| Amortization of Debt Issuance CostsUSD | 170,000Source | 206,000Source | 95,000Source | 73,000Source |
| Amortization of Intangible AssetsUSD | 733,000Source | 1,069,000Source | 1,085,000Source | 653,000Source |
| DepreciationUSD | 1,784,000Source | 1,344,000Source | 1,410,000Source | 1,369,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 0Source | 0Source | 0Source | 0Source |
| Gain (Loss) on Disposition of AssetsUSD | 1,100,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -91,000Source | -84,000Source | -27,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -562,000Source | — | — | 0Source |
| General and Administrative ExpenseUSD | 18,691,000Source | 18,008,000Source | 16,740,000Source | 19,487,000Source |
| GoodwillUSD | 1,484,000Source | 1,484,000Source | 1,484,000Source | 1,484,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 0Source | 456,000Source | — |
| Income Tax Expense (Benefit)USD | 60,000Source | 42,000Source | 41,000Source | 17,978,000Source |
| Investment Income, InterestUSD | 3,000Source | 7,000Source | 2,000Source | 34,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,163,000Source | -11,801,000Source | -11,671,000Source | -34,341,000Source |
| Nonoperating Income (Expense)USD | -1,461,000Source | -1,163,000Source | -806,000Source | -378,000Source |
| Operating ExpensesUSD | 29,735,000Source | 30,832,000Source | 31,735,000Source | 33,496,000Source |
| Payments to Acquire InvestmentsUSD | — | — | 0Source | 0Source |
| Proceeds from Issuance of Common StockUSD | 1,000,000Source | 0Source | 0Source | 800,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 3,525,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 85,481,000Source | 78,939,000Source | 90,519,000Source | 74,418,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 86,306,000Source | 79,720,000Source | 90,581,000Source | 77,383,000Source |
| Cost of RevenueUSD | 58,213,000Source | 59,484,000Source | 69,670,000Source | 59,872,000Source |
| Operating Income (Loss)USD | -1,642,000Source | -10,596,000Source | -10,824,000Source | -15,985,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,103,000Source | -11,759,000Source | -11,630,000Source | -16,363,000Source |
| Income Tax Expense (Benefit)USD | 60,000Source | 42,000Source | 41,000Source | 17,978,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,163,000Source | -11,801,000Source | -11,671,000Source | -34,341,000Source |
| Earnings Per Share, BasicUSD per share | -0.89Source | -0.36Source | -0.36Source | -1.08Source |
| Earnings Per Share, DilutedUSD per share | -0.89Source | -0.36Source | -0.36Source | -1.08Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 3,560,671Source | 32,829,470Source | 32,486,240Source | 31,703,712Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 3,560,671Source | 32,829,470Source | 32,486,240Source | 31,703,712Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 733,000Source | 1,069,000Source | 1,085,000Source | 653,000Source |
| Current Income Tax Expense (Benefit)USD | 55,000Source | 35,000Source | 46,000Source | 97,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 900,000Source | — | — | — |
| General and Administrative ExpenseUSD | 18,691,000Source | 18,008,000Source | 16,740,000Source | 19,487,000Source |
| Gross ProfitUSD | 28,093,000Source | 20,236,000Source | 20,911,000Source | 17,511,000Source |
| Investment Income, InterestUSD | 3,000Source | 7,000Source | 2,000Source | 34,000Source |
| Net Investment IncomeUSD | 0Source | — | — | — |
| Nonoperating Income (Expense)USD | -1,461,000Source | -1,163,000Source | -806,000Source | -378,000Source |
| Operating ExpensesUSD | 29,735,000Source | 30,832,000Source | 31,735,000Source | 33,496,000Source |
| Research and Development ExpenseUSD | 945,000Source | 1,229,000Source | 1,495,000Source | 1,852,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 85,481,000Source | 78,939,000Source | 90,519,000Source | 74,418,000Source |
| Selling and Marketing ExpenseUSD | 10,099,000Source | 11,595,000Source | 12,988,000Source | 11,392,000Source |
Filing attachments
oesx-ex99_1.htm · 8-K · 2026-09-15
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Announces Major US Retailer’s Additional Commitment for Estimated $10M-15M; Increases FY27 Revenue Outlook to $100M - $102M Manitowoc, WI - September 15, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that a longtime customer has made a follow-on commitment to the Company for a new LED l…
Read attachment ↗oesx-ex99_1.htm · 8-K · 2026-08-05
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Reports First Quarter Financial Results: Revenue Increases 32% to 25.7M, Net Income at $2M Manitowoc, WI - August 5, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2027 first quarter (Q1’27) ended June 30, 2026. Orion’s Q1’27 revenue was $25.7M versus $19.6M in Q1’…
Read attachment ↗oesx-ex99_1.htm · 8-K · 2026-06-04
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Reports FY 2026 Revenue of $86M and Adjusted EBITDA of $2.2M After Continued Growth in Q4; Reiterates FY 2027 Expectation of $95M-$97M in Revenue and Positive Adjusted EBITDA Manitowoc, WI - June 4, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported improved results for its fiscal 2026 fourth…
Read attachment ↗oesx-ex99_1.htm · 8-K · 2026-05-19
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Announces Preliminary FY26 Revenue of $86M and Approximately $2M Adjusted EBITDA; Reiterates Expectations for Increased Growth and Profitability in FY 2027 Company to Host Q4 and Full Fiscal Year 2026 Investor Call Thursday, June 4, at 10 a.m. ET Manitowoc, WI - May 19, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance servi…
Read attachment ↗oesx-ex99_1.htm · 8-K · 2026-04-16
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Reiterates Expectations for Increased Growth and Profitability in FY 2026 and FY 2027; Strong Profitable Growth Drive Highlights Sally Washlow’s First Year as CEO Manitowoc, WI - April 15, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reiterated its preliminary expectations for increased revenue g…
Read attachment ↗oesx-ex99_1.htm · 8-K · 2026-02-05
EX-99.1 2 oesx-ex99_1.htm EX-99.1 EX-99.1 Orion Achieves Positive Operating Income and Continued Growth in Revenue and Profitability in Q3 2026; Reiterates Increase in FY 2026 Expectation and Establishment of FY 2027 Outlook Manitowoc, WI - February 5, 2026 - Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2026 third qua…
Read attachment ↗