OESX
Orion Energy Systems, Inc.14.74
-0.56-3.66%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Q&A reaffirms script, adds timing color
Q&A largely reaffirmed prepared remarks on the guidance uptick to $84-86M FY26 revenue and positive adjusted EBITDA, plus $95-97M FY27, adding light color on nuggets like the $14-15M exterior lighting project's ramp—initial Q4 FY26 hits, bulk in FY27 H1, done by July—with later expansion eyed. Management fielded probes on execution risks for big contracts (execution risk persists, outlook tempered) and electrical infrastructure sizing (evolving 7-figure add-ons from jobs, Q4/FY27 recognition). Distribution success ties to sales team expansion, custom products. OpEx to hover near $6M. Answers stayed non-specific. Q&A offered modest color. Watch FY27 project delivery.
Key Stats
Market Cap
52.05MP/E (TTM)
-Basic EPS (TTM)
-1.87Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
Orion swung to an operating profit of $0.4M in Q3 FY2026 ended December 31, 2025, up from a $1.2M loss y/y, as revenue climbed 7.7% y/y to $21.1M on 90.6% EV segment growth to $4.7M (22% of total) while lighting dipped 8.6%; gross margin expanded to 30.9% from 29.4%. Service revenue jumped 22% y/y, powering the turnaround alongside 13% lower opex from restructuring. Cash fell to $4.7M with $0.4M operating cash flow; revolver drew $5.8M of $12.9M availability, total debt $9.8M, no covenant issues. Voltrek earnout restructured as $1.4M subordinated note at 7% (monthly principal from Jan 2026). Customer concentration persists.
8-K
Q3 revenue up, positive income
Orion Energy Systems posted Q3'26 revenue of $21.1M, up from $19.6M last year, with gross margin expanding to 30.9% and positive operating income. EV charging revenue doubled to $4.7M while maintenance grew 13%; adjusted EBITDA hit $0.8M, fifth straight positive quarter. It reiterated FY'26 revenue guidance of $84M-$86M and set FY'27 at $95M-$97M. Big customer wins fuel growth.
8-K
Closes $6.4M share offering
8-K
Orion wins $14M-$15M retailer project
Orion Energy Systems landed a $14M-$15M LED exterior lighting project from a major US retailer, starting FY26 Q4 and wrapping mostly by July 2026. This boosts FY26 revenue guidance to $84M-$86M, with Q3 revenue at ~$21M, positive net income, and adjusted EBITDA—fifth straight positive quarter. FY27 outlook: $95M-$97M revenue, positive adjusted EBITDA. Big win deepens trusted client ties.
8-K
CEO bonus reinstated
Orion Energy Systems reinstated CEO Sally Washlow's $500,000 cash signing bonus on November 13, 2025, after a mutual deferral since May. Washlow will use $300,000 to buy common stock directly from the company, issued November 19 at the five-day average closing price. Aligns her interests with shareholders. No other terms changed.
IPO
Employees
Sector
Industry
AEIS
Advanced Energy Industries, Inc
215.16-1.71
AYI
Acuity Inc.
357.34-3.73
EFOI
Energy Focus, Inc.
2.15+0.14
ENS
EnerSys
144.83-2.82
EOSE
Eos Energy Enterprises, Inc.
13.30-0.33
LPSIF
Legend Power Systems Inc.
0.08-0.00
NEOV
NeoVolta Inc.
3.47-0.13
OZSC
Ozop Energy Solutions Inc.
0.00+0.00
PPSI
Pioneer Power Solutions, Inc.
3.88+0.01
XPON
Expion360 Inc.
0.94-0.04