earnings
confidence high
sentiment positive
materiality 0.70
Orion Q2 FY2026: Revenue $19.9M, net loss $(0.6)M from $(3.6)M, positive adjusted EBITDA
ORION ENERGY SYSTEMS, INC.
2025-Q2 EPS reported
-$0.53
revenue$39,494,000
- Revenue $19.9M (up from $19.4M YoY); gross margin 31.0% vs 23.1%, up 790 bps.
- Net loss $(0.6)M or $(0.17) per share, improved from $(3.6)M or $(1.10) per share in Q2'25.
- Adjusted EBITDA positive $0.5M (2.1% margin), fourth consecutive quarter of positive adjusted EBITDA.
- Reiterated FY2026 outlook: ~5% revenue growth to ~$84M, approaching or achieving positive adjusted EBITDA.
- Segment: Maintenance revenue $4.5M (+18% YoY); EV charging $4.8M flat; LED lighting $10.7M (-2%).