NASDAQ: OESX

ORION ENERGY SYSTEMS, INC.

CIK 0001409375 · Lighting Equipment

Small Revenue $86M Assets $52M as of Jul 16, 2026

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10-K Filed Jun 4, 2026 · Period ending Mar 31, 2026

Orion Energy narrows loss 73% on revenue growth, settles Voltrek dispute for $3M

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8-K Filed Jun 4, 2026 · Period ending Jun 4, 2026

Orion Energy Systems announces Q4 fiscal 2026 earnings results

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8-K Filed May 19, 2026 · Period ending May 19, 2026

Orion Energy Systems announces fiscal 2026 year-end revenue results

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8-K Filed Apr 16, 2026 · Period ending Apr 15, 2026

Orion Energy reaffirms growth and profitability outlook for fiscal 2026-2027

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8-K Filed Mar 20, 2026 · Period ending Mar 17, 2026

Orion Energy settles $10M earn-out dispute for $3M, releases asset liens

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10-Q Filed Feb 5, 2026 · Period ending Dec 31, 2025

Summary not yet generated.

10-Q Filed Nov 5, 2025 · Period ending Sep 30, 2025

Summary not yet generated.

10-K Filed Jun 26, 2025 · Period ending Mar 31, 2025

Summary not yet generated.

Latest financial statements

From 10-K filed Jun 4, 2026 (period ending Mar 31, 2026). SEC XBRL (companyfacts) — not generated by the model.

SEC XBRL

Consolidated Statements of Operations

Description Year ended Mar 31, 2026 Year ended Mar 31, 2025 Year ended Mar 31, 2024
Revenue:
Total revenue / net sales 86.3 79.7 90.6
Cost of revenue / cost of sales 58.2 59.5 69.7
Gross profit 28.1 20.2 20.9
Operating expenses:
Sales and marketing 10.1 11.6 13.0
Research and development 0.9 1.2 1.5
General and administrative 18.7 18.0 16.7
Total operating expenses 29.7 30.8 31.7
Operating income (1.6) (10.6) (10.8)
Other income/(expense), net (1.5) (1.2) (0.8)
Income before income taxes (3.1) (11.8) (11.6)
Income tax expense/(benefit) 0.06 0.04 0.04
Net income (3.2) (11.8) (11.7)
Basic earnings per share (0.89) (3.59) (3.59)
Diluted earnings per share (0.89) (3.59) (3.59)

Consolidated Balance Sheets

Description Mar 31, 2026 Mar 31, 2025
Current assets:
Cash and equivalents 3.3 6.0
Accounts receivable, net 16.3 12.8
Inventories 7.6 6.4
Prepaid expenses and other current assets 1.4 1.9
Other current assets 9.1 8.3
Total current assets 37.7 35.5
Property, plant and equipment, net 6.1 8.0
Operating lease right-of-use assets, net 2.7 3.5
Finite-lived intangible assets, net 1.7 2.4
Identifiable intangible assets, net 2.6 3.4
Goodwill 1.5 1.5
Deferred income taxes and other assets 3.7 4.1
Other long-term assets (4.3) (5.8)
TOTAL ASSETS 51.6 52.5
Current liabilities:
Current portion of long-term debt 0.4 0.4
Accounts payable 15.5 13.3
Current portion of operating lease liabilities 0.7 0.8
Accrued liabilities 10.7 12.7
Deferred revenue, current 0.2 0.5
Other current liabilities (0.7) (0.8)
Total current liabilities 26.7 26.8
Long-term debt 5.6 10.0
Operating lease liabilities 2.1 2.8
Deferred income taxes and other liabilities 2.7 3.4
Other long-term liabilities (2.1) (2.5)
Total liabilities 35.0 40.6
Shareholders' equity:
Common stock
Capital in excess of stated value 169.6 163.0
Retained earnings (deficit) (118.1) (114.9)
Treasury stock 35.0 36.2
Total shareholders' equity 16.6 11.9
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 51.6 52.5

Consolidated Statements of Cash Flows

Description Year ended Mar 31, 2026 Year ended Mar 31, 2025
Operating Activities:
Net cash from operating activities (1.1) 0.6
Investing Activities:
Net cash from investing activities (0.09) 0.1
Financing Activities:
Net cash from financing activities (1.5) 0.09
Net increase/(decrease) in cash (2.7) 0.8

Amounts in millions USD; EPS as reported. Line labels are presentation-friendly mappings of filer XBRL tags — not a re-audit of the full statements. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗

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