earnings
confidence high
sentiment positive
materiality 0.65
Orion Q1 revenue $19.6M (-2% YoY); gross margin 30.1%, adjusted EBITDA positive $0.2M
ORION ENERGY SYSTEMS, INC.
2025-Q1 EPS reported
-$0.04
revenue$19,575,000
- Net loss improved to $1.2M ($0.04 loss per share) from $3.8M a year ago.
- Gross profit margin rose 850 bps to 30.1%, highest in six years.
- LED lighting revenue $12.9M (+1%); maintenance $4.0M (+21%); EV charging $2.7M (-30%).
- Reiterates FY2026 outlook of ~$84M revenue and approaching positive adjusted EBITDA.
- Paid down $1.75M on revolver; outstanding borrowings now $5.25M.