Orion Energy Systems, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:54:51Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.16M | 500.00K | -10.93M | -2.88M | -631.00K | 827.00K |
| EBITDA | 142.00K | -7.98M | -8.23M | -13.89M | 10.01M | 8.32M |
| Working Capital | 10.99M | 8.65M | 16.77M | 25.91M | 32.88M | 26.16M |
| Net Debt | 5.54M | 7.97M | 6.96M | -3.32M | -11.39M | -16.30M |
| Gross Margin | 32.55% | 25.38% | 23.09% | 22.63% | 27.26% | 25.78% |
| Operating Margin | -1.90% | -13.29% | -11.95% | -20.66% | 6.75% | 5.85% |
| Net Margin | -3.66% | -14.80% | -12.88% | -44.38% | 4.90% | 22.37% |
| Return on Equity (ROE) | -19.02% | -99.30% | -51.77% | -103.28% | 9.36% | 45.00% |
| Return on Assets (ROA) | -6.13% | -22.49% | -18.48% | -47.98% | 7.02% | 28.16% |
| Current Ratio | 1.41× | 1.32× | 1.60× | 2.06× | 2.79× | 1.86× |
| Debt-to-Equity | 0.53× | 1.17× | 0.54× | 0.38× | 0.05× | 0.05× |
| Effective Tax Rate | -1.93% | -0.36% | -0.35% | -109.87% | 26.17% | -300.95% |
| Cash Conversion Ratio | 0.34× | -0.05× | 0.86× | 0.07× | -0.02× | 0.07× |
| Accruals Ratio | -0.04× | -0.24× | -0.03× | -0.45× | 0.07× | 0.26× |
| SBC % of Revenue | 0.56% | 1.45% | 1.05% | 2.08% | 0.65% | 0.64% |
| CapEx Coverage | -13.00× | 6.05× | -12.06× | -3.91× | -0.22× | 1.92× |
| Free Cash Flow Per Share | $-0.33 | $0.15 | $-3.36 | $-0.09 | $-0.02 | $0.03 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenues | 86.31M | 79.72M | 90.58M | 77.38M | 124.38M | 116.84M |
| Cost of Goods and Services Sold | 58.21M | 59.48M | 69.67M | 59.87M | 90.47M | 86.72M |
| Gross Profit | 28.09M | 20.24M | 20.91M | 17.51M | 33.91M | 30.12M |
| Research and Development Expense | 945.00K | 1.23M | 1.50M | 1.85M | 1.70M | 1.69M |
| Operating Expenses | 29.73M | 30.83M | 31.73M | 33.50M | 25.52M | 23.29M |
| Operating Income (Loss) | -1.64M | -10.60M | -10.82M | -15.98M | 8.39M | 6.84M |
| Income Tax Expense (Benefit) | 60.00K | 42.00K | 41.00K | 17.98M | 2.16M | -19.62M |
| Net Income (Loss) Attributable to Parent | -3.16M | -11.80M | -11.67M | -34.34M | 6.09M | 26.13M |
| Earnings Per Share, Basic | $-0.89 | $-3.59 | $-3.59 | $-1.08 | $0.20 | $0.85 |
| Weighted Average Number of Shares Outstanding, Basic | 3.56M | 3.28M | 3.25M | 31.70M | 31.02M | 30.63M |
| Earnings Per Share, Diluted | $-0.89 | $-3.59 | $-3.59 | $-1.08 | $0.19 | $0.83 |
| Weighted Average Number of Shares Outstanding, Diluted | 3.56M | 3.28M | 3.25M | 31.70M | 31.29M | 31.30M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.27M | 5.97M | 5.16M | 15.99M | 14.47M | 19.39M |
| Assets, Current | 37.68M | 35.50M | 44.82M | 50.36M | 51.25M | 56.53M |
| Assets | 51.60M | 52.46M | 63.17M | 71.58M | 86.82M | 92.82M |
| Long-term Debt | 5.97M | 10.32M | 10.00M | 10.02M | 35.00K | 49.00K |
| Liabilities, Current | 26.69M | 26.84M | 28.05M | 24.45M | 18.37M | 30.37M |
| Long-term Debt, Excluding Current Maturities | 5.62M | 9.97M | 10.00M | 10.00M | 19.00K | 35.00K |
| Liabilities | 34.98M | 40.58M | 40.63M | 38.33M | 21.72M | 34.75M |
| Stockholders' Equity Attributable to Parent | 16.63M | 11.88M | 22.54M | 33.25M | 65.10M | 58.07M |
| Common Stock, Shares, Outstanding | 4.06M | 3.30M | 32.57M | 32.30M | 31.10M | 30.81M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.08M | 599.00K | -10.09M | -2.29M | -113.00K | 1.73M |
| Payments to Acquire Property, Plant, and Equipment | 83.00K | 99.00K | 837.00K | 586.00K | 518.00K | 902.00K |
| Net Cash Provided by (Used in) Investing Activities | -86.00K | 128.00K | -731.00K | -6.20M | -4.92M | -946.00K |
| Net Cash Provided by (Used in) Financing Activities | -1.54M | 90.00K | -14.00K | 10.01M | 104.00K | -10.14M |
Derived Metrics
| Concept | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.51M | 349.00K | 994.00K | -570.00K | -750.00K | 1.25M |
| EBITDA | 418.00K | — | — | -529.00K | -668.00K | — |
| Working Capital | 10.99M | 8.57M | 8.06M | 6.11M | 8.65M | 10.54M |
| Net Debt | 5.54M | 8.16M | 7.98M | 8.35M | 7.97M | -5.95M |
| Gross Margin | 36.96% | 30.85% | 31.01% | 30.15% | 27.48% | 29.38% |
| Operating Margin | -3.01% | 1.83% | -1.21% | -5.17% | -12.66% | -6.38% |
| Net Margin | -5.82% | 0.76% | -2.92% | -6.36% | -13.95% | -7.70% |
| Return on Equity (ROE) | -9.01% | 1.35% | -5.10% | -11.51% | -24.50% | -10.42% |
| Return on Assets (ROA) | -2.90% | 0.33% | -1.21% | -2.54% | -5.55% | -2.86% |
| Current Ratio | 1.41× | 1.35× | 1.34× | 1.23× | 1.32× | 1.40× |
| Debt-to-Equity | 0.53× | 1.09× | 1.15× | 1.10× | 1.17× | 0.11× |
| Effective Tax Rate | -1.28% | 10.11% | -1.75% | -1.06% | 0.07% | -0.07% |
| Cash Conversion Ratio | 0.99× | 2.54× | -2.24× | 0.41× | 0.24× | -0.86× |
| Accruals Ratio | -0.00× | -0.01× | -0.04× | -0.01× | -0.04× | -0.05× |
| SBC % of Revenue | 0.63% | 1.52% | 1.62% | 0.85% | 1.61% | 4.20% |
| CapEx Coverage | -59.44× | 7.02× | 4.21× | -9.36× | -13.71× | 27.04× |
| Free Cash Flow Per Share | $-0.42 | $0.10 | $0.28 | $-0.02 | $-0.23 | $0.38 |
Income Statement
| Concept | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Revenues | 25.72M | 21.09M | 19.92M | 19.57M | 20.87M | 19.58M |
| Cost of Goods and Services Sold | 16.21M | 14.58M | 13.74M | 13.67M | 15.13M | 13.83M |
| Gross Profit | 9.51M | 6.51M | 6.18M | 5.90M | 5.74M | 5.75M |
| Research and Development Expense | 269.00K | 237.00K | 231.00K | 208.00K | 389.00K | 287.00K |
| Operating Expenses | 10.28M | 6.12M | 6.42M | 6.91M | 8.38M | 7.00M |
| Operating Income (Loss) | -773.00K | 386.00K | -242.00K | -1.01M | -2.64M | -1.25M |
| Income Tax Expense (Benefit) | 19.00K | 18.00K | 10.00K | 13.00K | -2.00K | 1.00K |
| Net Income (Loss) Attributable to Parent | -1.50M | 160.00K | -581.00K | -1.24M | -2.91M | -1.51M |
| Earnings Per Share, Basic | $-0.41 | $0.05 | $-0.17 | $-0.04 | $-0.88 | $-0.46 |
| Weighted Average Number of Shares Outstanding, Basic | 3.56M | 3.54M | 3.50M | 33.32M | 3.28M | 3.29M |
| Earnings Per Share, Diluted | $-0.41 | $0.04 | $-0.17 | $-0.04 | $-0.88 | $-0.46 |
| Weighted Average Number of Shares Outstanding, Diluted | 3.56M | 3.64M | 3.50M | 33.32M | 3.28M | 3.29M |
Balance Sheet
| Concept | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.27M | 4.72M | 5.16M | 3.56M | 5.97M | 7.50M |
| Assets, Current | 37.68M | 32.80M | 32.01M | 32.67M | 35.50M | 37.12M |
| Assets | 51.60M | 48.25M | 47.90M | 49.02M | 52.46M | 52.71M |
| Long-term Debt | 5.97M | 9.84M | 9.90M | 8.49M | 10.32M | — |
| Liabilities, Current | 26.69M | 24.23M | 23.95M | 26.55M | 26.84M | 26.58M |
| Long-term Debt, Excluding Current Maturities | 5.62M | 9.04M | 9.25M | 8.13M | 9.97M | — |
| Liabilities | 34.98M | 36.41M | 36.52M | 38.21M | 40.58M | 38.24M |
| Stockholders' Equity Attributable to Parent | 16.63M | 11.84M | 11.38M | 10.81M | 11.88M | 14.47M |
| Common Stock, Shares, Outstanding | 4.06M | 3.55M | 3.53M | 33.55M | 3.30M | 32.94M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.49M | 407.00K | 1.30M | -515.00K | -699.00K | 1.30M |
| Payments to Acquire Property, Plant, and Equipment | 25.00K | 58.00K | 310.00K | 55.00K | 51.00K | 48.00K |
| Net Cash Provided by (Used in) Investing Activities | -25.00K | -61.00K | -312.00K | -55.00K | -6.00K | 134.00K |
| Net Cash Provided by (Used in) Financing Activities | 55.00K | -1.60M | -1.81M | -1.84M | -820.00K | 910.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (OESX CIK 0001409375),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.