ORION ENERGY SYSTEMS, INC.
ORION ENERGY SYSTEMS, INC.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 3 | 5 | 5 | 4 | 6 | 7 | 5 | 6 | 5 | 5 | 4 | 8 | |||||
Accounts Receivable Net Current | 16 | 13 | 12 | 14 | 13 | 12 | 12 | 12 | 14 | 16 | 16 | 15 | |||||
Unbilled Contracts Receivable | 6 | 4 | 4 | 3 | 3 | 2 | 6 | 5 | 5 | 2 | 2 | 1 | |||||
Inventory Net | 10 | 10 | 10 | 10 | 11 | 13 | 15 | 16 | 18 | 21 | 20 | 18 | |||||
Prepaid Expense And Other Assets Current | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 1 | |||||
Assets Current | 38 | 33 | 32 | 33 | 35 | 37 | 40 | 42 | 45 | 46 | 45 | 43 | |||||
Property Plant And Equipment Net | 6 | 7 | 8 | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 11 | |||||
Goodwill | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Intangible Assets Net Excluding Goodwill | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 6 | |||||
Other Assets Noncurrent | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | |||||
Assets | 52 | 48 | 48 | 49 | 52 | 53 | 56 | 60 | 63 | 65 | 66 | 64 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 15 | 15 | 14 | 13 | 13 | 13 | 14 | 14 | 18 | 19 | 16 | 12 | |||||
Accrued Liabilities Current | 11 | 9 | 9 | 13 | 13 | 13 | 12 | 10 | 9 | 12 | 12 | 10 | |||||
Contract With Customer Liability Current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | |||||
Long Term Debt Current | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Current | 27 | 24 | 24 | 27 | 27 | 27 | 27 | 25 | 28 | 31 | 29 | 22 | |||||
Long Term Line Of Credit | 3 | 6 | 6 | 5 | 7 | 8 | 9 | 10 | 10 | 10 | 10 | 10 | |||||
Contract With Customer Liability Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Liabilities Noncurrent | 3 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | 2 | 4 | 4 | 5 | |||||
Liabilities | 35 | 36 | 37 | 38 | 41 | 38 | 40 | 41 | 41 | 45 | 43 | 37 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 170 | 163 | 163 | 163 | 163 | 163 | 163 | 162 | 162 | 162 | 161 | 161 | |||||
Treasury Stock Common Value | -35 | -35 | -35 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | |||||
Retained Earnings Accumulated Deficit | -118 | -117 | -117 | -116 | -115 | -112 | -110 | -107 | -103 | -105 | -102 | -98 | |||||
Stockholders Equity | 17 | 12 | 11 | 11 | 12 | 14 | 16 | 19 | 23 | 21 | 23 | 27 | |||||
Liabilities And Stockholders Equity | 52 | 48 | 48 | 49 | 52 | 53 | 56 | 60 | 63 | 65 | 66 | 64 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 43 | 43 | 43 | 43 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | |||||
Shares Outstanding | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Treasury Stock Common Shares | 1 | 1 | 1 | 9 | 1 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.43% | 26.09% | 37.39% | 90.06% | 89.34% | 102.99% | -15.89% | -30.26% | -30.03% | 23.58% | 10.59% | - |
| 2025 | -11.22% | -14.29% | 0.00% | -16.83% | -22.77% | -20.79% | -1.23% | -12.35% | -6.17% | -17.65% | -8.82% | 31.03% |
| 2024 | -11.31% | -25.00% | -40.48% | -7.14% | -11.22% | 10.20% | -21.01% | -26.89% | -29.41% | 0.94% | 0.00% | -17.92% |
| 2023 | - | - | - | - | - | - | - | - | - | -13.23% | -8.99% | -21.16% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.41 | 1.35 | 1.34 | 1.23 | 1.32 | 1.40 | 1.49 | 1.70 | 1.60 | 1.49 | 1.56 | 1.92 | |||||
| Quick Ratio | 0.97 | 0.89 | 0.85 | 0.77 | 0.83 | 0.82 | 0.86 | 0.93 | 0.85 | 0.73 | 0.76 | 1.08 | |||||
| Working Capital | 11.00M | 8.57M | 8.06M | 6.11M | 8.65M | 10.54M | 13.10M | 17.38M | 16.77M | 14.99M | 16.23M | 20.64M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.10 | 3.08 | 3.21 | 3.54 | 3.41 | 2.64 | 2.56 | 2.13 | 1.80 | 2.17 | 1.91 | 1.39 | |||||
| Debt Ratio | 0.68 | 0.75 | 0.76 | 0.78 | 0.77 | 0.73 | 0.72 | 0.68 | 0.64 | 0.68 | 0.66 | 0.58 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.66 | 1.61 | 1.53 | 1.46 | 1.38 | 1.44 | 1.50 | 1.50 | 1.34 | 1.28 | 1.09 | 1.07 | |||||
| Days Sales Outstanding TTM | 61.71 | 57.10 | 53.01 | 59.77 | 61.51 | 59.82 | 55.41 | 53.23 | 55.91 | 62.54 | 63.12 | 62.38 | |||||
| Receivables Turnover TTM | 5.91 | 6.39 | 6.89 | 6.11 | 5.93 | 6.10 | 6.59 | 6.86 | 6.53 | 5.84 | 5.78 | 5.85 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.89 | -1.26 | -1.78 | -2.79 | -3.59 | -2.21 | -2.45 | -2.70 | -3.59 | -5.66 | -12.37 | -11.79 | |||||
| Free Cash Flow Per Share TTM | -0.47 | -0.26 | 1.14 | 0.88 | 0.15 | 0.42 | -0.43 | -1.88 | -3.38 | -2.52 | -2.43 | -1.72 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 32.55% | 29.83% | 29.45% | 27.51% | 25.38% | 25.02% | 23.94% | 23.73% | 23.09% | 21.97% | 21.55% | 22.22% | |||||
| Operating Profit Margin TTM | -1.90% | -4.31% | -6.44% | -10.30% | -13.29% | -7.21% | -7.60% | -8.46% | -11.95% | -20.35% | -24.95% | -24.34% | |||||
| Net Profit Margin TTM | -3.66% | -5.62% | -7.81% | -11.70% | -14.80% | -8.54% | -8.76% | -9.47% | -12.88% | -21.44% | -50.18% | -49.48% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 8.26% | -4.47% | -12.77% | -14.52% | -11.99% | -0.63% | 14.40% | 20.47% | 17.06% | 10.26% | -9.20% | -28.08% | |||||
| Net Income Growth (1Y) | -73.20% | -37.17% | -22.24% | 5.63% | 1.11% | -60.42% | -80.03% | -76.95% | -66.01% | -39.49% | 666.59% | -5,213.00% | |||||
| EPS Growth (1Y) | -75.29% | -41.57% | -27.05% | 3.40% | 0.06% | -60.89% | -80.22% | -77.14% | -66.83% | -40.39% | 638.94% | -5,022.14% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -9.84 | -11.90 | -4.91 | -2.15 | -2.00 | -3.62 | -3.52 | -4.12 | -2.42 | -1.54 | -1.02 | -1.38 | |||||
| P/B TTM | 1.87 | 4.60 | 2.69 | 1.85 | 1.99 | 1.82 | 1.79 | 1.90 | 1.25 | 1.37 | 1.81 | 1.97 | |||||
| P/S TTM | 0.36 | 0.67 | 0.38 | 0.25 | 0.30 | 0.31 | 0.31 | 0.39 | 0.31 | 0.33 | 0.51 | 0.68 | |||||
| Market Cap | 31.12M | 54.46M | 30.65M | 19.99M | 23.64M | 26.34M | 28.23M | 36.20M | 28.26M | 28.30M | 40.95M | 52.72M | |||||
| Enterprise Value | 28.21M | 50.54M | 26.15M | 16.78M | 18.02M | 19.19M | 23.21M | 30.77M | 23.11M | 23.69M | 36.94M | 44.49M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -1.67M | -905.00K | 3.99M | 2.92M | 500.00K | 1.39M | -1.42M | -6.14M | -10.99M | -8.19M | -7.90M | -5.57M | |||||
| Net Debt | -2.91M | -3.92M | -4.50M | -3.21M | -5.62M | -7.14M | -5.02M | -5.43M | -5.15M | -4.61M | -4.01M | -8.23M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ORION ENERGY SYSTEMS, INC. (OESX) — SEC Financial Statements & Analysis
ORION ENERGY SYSTEMS, INC. (OESX) is a electric lighting & wiring equipment company, incorporated in WI. ORION ENERGY SYSTEMS, INC. trades on Nasdaq as: OESX. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), ORION ENERGY SYSTEMS, INC. reported a 8.26% year-over-year revenue growth, a Gross Profit Margin of 32.55% (TTM), a Debt-to-Equity ratio of 2.10x, a Price-to-Sales (P/S) ratio of 0.36x (TTM), a Price-to-Book (P/B) ratio of 1.87 (TTM), at a market cap of $31.12M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 8.26%
- Gross Profit Margin TTM
- 32.55%
- Debt To Equity
- 2.10x
- P/S TTM
- 0.36x
- P/B TTM
- 1.87
- Market Cap
- $31.12M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ORION ENERGY SYSTEMS, INC. in?
ORION ENERGY SYSTEMS, INC. (OESX) operates in the Electric Lighting & Wiring Equipment industry.
What is OESX's market cap?
ORION ENERGY SYSTEMS, INC. (OESX) has a market capitalization of $31.12M as of 2026-03-31.
What exchange does OESX trade on?
ORION ENERGY SYSTEMS, INC. (OESX) trades on the Nasdaq.
Where is ORION ENERGY SYSTEMS, INC. incorporated?
ORION ENERGY SYSTEMS, INC. is incorporated in WI.