Orion Energy Systems (OESX) Financial Statements & Analysis

Orion Energy Systems (OESX) Income Statement

Orion Energy Systems reported revenue of $86.31M in fiscal 2026 (fiscal year ended Mar 31, 2026), up 8.3% from $79.72M a year earlier. Orion Energy Systems posted a net loss of $3.16M, compared with a net loss of $11.80M a year earlier. Gross margin was 32.6% and operating margin -1.9%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $25.74M, up 31.5% from the same quarter a year earlier.

Orion Energy Systems Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Orion Energy Systems, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Revenue & Gross Profit
Revenue	86.31	79.72	90.58	77.38	124.38	116.84	116.84	150.84	60.30
Cost of Revenue	58.21	59.48	69.60	59.87	90.47	86.72	86.72	113.72	45.63
Gross Profit	28.09	20.24	20.91	17.51	33.91	30.12	30.12	37.12	14.67
Operating Expenses
Research & Development	0.95	1.23	1.50	1.85	1.70	1.69	1.69	1.72	1.91
Selling, General & Administrative	28.79	29.14	29.68	27.88	23.31	21.60	21.60	22.30	25.04
Operating Expenses	29.74	30.36	31.74	33.50	25.01	23.29	23.29	24.01	26.94
Operating Income	-1.64	-10.13	-10.82	-15.99	8.90	6.84	6.84	13.11	-12.98
Other Income/Expense
Interest Income	0.00	0.01	0.00	0.03	0.03	0.00	0.00	0.01	0.02
Interest Expense	0.78	1.03	-0.85	-0.41	0.08	-0.28	0.18	0.42	0.43
Other Income/Expense	-1.46	-0.41	-0.81	-0.38	-0.51	-0.32	-0.32	-0.49	-0.16
Income
Income Before Tax	-3.10	-11.76	-11.63	-16.36	8.25	6.52	6.52	12.62	-13.14
Income Tax Expense	0.06	0.04	0.04	17.98	2.16	-19.62	-19.62	0.16	-0.02
Net Income	-3.16	-11.80	-11.67	-34.34	6.09	26.13	26.13	12.46	-13.13
Net Income - Continuous Operations	-3.16	-11.80	-11.67	-34.34	6.09	6.09	26.13	12.46	-13.13
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.14	-8.11	-7.60	-10.20	9.88	8.32	8.13	14.46	-10.71
EBIT	-1.64	-10.73	-10.19	-12.22	8.33	6.84	-	-	-
Depreciation & Amortization	1.78	2.62	2.50	2.02	1.55	1.41	1.48	1.56	2.01
Earnings Per Share
Basic EPS	-1.00	-4.00	-4.00	-11.00	2.00	9.00	9.00	4.00	-5.00
Diluted EPS	-1.00	-4.00	-4.00	-11.00	2.00	8.00	8.00	4.00	-5.00
Basic Shares Outstanding	3.56	3.28	3.25	3.17	3.10	3.06	3.06	3.01	2.85
Diluted Shares Outstanding	3.56	3.28	3.25	3.17	31.29	3.13	3.13	3.10	2.88

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Orion Energy Systems Financial Statements

What was Orion Energy Systems's revenue in fiscal 2026?

Orion Energy Systems reported revenue of $86.31M in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 8.3% from $79.72M a year earlier.

Is Orion Energy Systems profitable?

No. Orion Energy Systems reported a net loss of $3.16M in fiscal 2026. In fiscal 2025 it lost $11.80M.

What is Orion Energy Systems's operating margin?

Orion Energy Systems's operating income was −$1.64M on revenue of $86.31M in fiscal 2026, an operating margin of -1.9%, compared with -12.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition