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Companies / Information Technology / Orion Energy Systems, Inc.
OESX

Orion Energy Systems, Inc.

Information TechnologyElectronic Equipment
Ticker OESXMANITOWOC, WIFiscal year ends MarchBook value per share $4.37Diluted shares 4.2M

Orion Energy Systems, Inc. (Nasdaq: OESX) provides LED lighting systems, wireless IoT-enabled lighting controls, commercial and industrial electric-vehicle charging infrastructure, and related installation, maintenance and electrical services. Its customers include commercial, institutional and industrial… From the company’s description.

Over the twelve months to Sep 30, 2026, Orion Energy Systems, Inc. reported revenue of $94.25M, up 17.9% from a year earlier, and a net loss of $0.19M. Its operating margin was 1.1%, and operations used $4.42M in cash. In fiscal 2025, it reported revenue of $86.31M, up 8.3% from fiscal 2024, and a net loss of $3.16M.

Fiscal year 2025 · ends 03-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$86.31MFY2025
+8.3% year over year
Last 12 mo $94.25M
-1.90%FY2025
+11.4 percentage points
Last 12 mo 1.05%
$-3.16MFY2025
+73.2% year over year
Last 12 mo $-0.19M
-19.02%FY2025
+80.3 percentage points
Last 12 mo -1.03%
Cash & financing
$-1.08MFY2025
−280.1% year over year
Last 12 mo $-4.42M
$-1.16MFY2025
−332.4% year over year
Last 12 mo $-4.59M
0.36FY2025
Was 0.87× a year earlier
Last 12 mo 0.46
3.6MFY2025
−89.2% year over year
Last 12 mo 4.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Orion Energy Systems, Inc. does

In the company’s own words

Orion Energy Systems, Inc. (Nasdaq: OESX) provides LED lighting systems, wireless IoT-enabled lighting controls, commercial and industrial electric-vehicle charging infrastructure, and related installation, maintenance and electrical services. Its customers include commercial, institutional and industrial organizations, such as retailers, manufacturers, warehouses, offices, schools, healthcare facilities and government entities, as well as electrical distributors, contractors and energy service companies. Orion operates three reportable segments: Lighting, which develops and sells lighting products and provides engineering and construction services; Maintenance, which repairs and replaces lighting and related electrical components; and EV, which provides turnkey charging installation and support. Sales are primarily in North America, often through project-based retrofits and installations. The company acquired Voltrek in 2022, extending its project management and maintenance services into EV charging. Orion had 174 full-time employees as of March 31, 2026. Its website is www.orionlighting.com.

Company details
Sector
Information Technology
Industry (SIC)
Electronic Equipment
Headquarters
MANITOWOC, WI
Fiscal year end
March
CIK
1409375
SIC
3640

Financial performance, year by year

Fiscal 2011–2025 · USD
$-52.86M$2.70M$58.25M$113.80M$169.36M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Orion Energy Systems, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

19
funds hold it
0 of 35
superinvestors hold it
$5.36M
held by funds, at market
12.7%
of shares held by funds

Largest fund holders · Orion Energy Systems, Inc.’s weight in each

North Star Opportunity Fund
NSOIX · NORTHERN LIGHTS FUND TRUST II
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Ultra-Small Company Fund
BRUSX · Bridgeway Funds, Inc.
0.37%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Orion Energy Systems, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Orion Energy Systems, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Orion Energy Systems, Inc.'s last four quarterly filings that the numbers alone won't show?”
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