---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-017455"
form_type: "8-K"
ticker: "OESX"
cik: "0001409375"
company_name: "ORION ENERGY SYSTEMS, INC."
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:18:34.089462+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion Energy Q3 revenue $19.6M (-25% YoY); cuts FY25 outlook to $77-83M; NEOs/board take 10% pay cut

## Summary
- Q3 revenue $19.6M vs $26.0M YoY; net loss improved to -$1.5M (-$0.05/sh) from -$2.3M.
- Gross margin rose 490bps to 29.4%; Adjusted EBITDA was breakeven vs -$0.1M YoY.
- FY25 revenue outlook reduced to $77-83M from prior, citing customer project delays.
- NEOs and board agreed to voluntary 10% salary/re-tainer reductions through at least March 31, 2025.
- Reorganizing into two commercial business units effective April 1, 2025; targeting $1.5M annualized savings.

## SEC filing metadata
- accession: 0000950170-25-017455
- form_type: 8-K
- ticker: OESX
- cik: 0001409375
- company_name: ORION ENERGY SYSTEMS, INC.
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409375/000095017025017455/0000950170-25-017455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409375/000095017025017455/oesx-20250211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-017455
- JSON: https://secwatch.observer/filing/0000950170-25-017455.json
- Plain text: https://secwatch.observer/filing/0000950170-25-017455.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.