earnings
confidence high
sentiment positive
materiality 0.75
Orion Energy posts Q3 profit, revenue $21.1M; raises FY26 guidance and sets FY27 outlook
ORION ENERGY SYSTEMS, INC.
2025-Q3 EPS reported
-$0.48
revenue$60,583,000
- Q3'26 revenue $21.1M (up 7.7% YoY); net income $0.2M vs loss $1.5M; adjusted EBITDA $0.8M (from $0.0M).
- EV charging revenue surged 96% to $4.7M; maintenance +13% to $4.4M; LED lighting -8% to $12.1M.
- Largest customer awarded $14M-$15M exterior lighting contract; $42M-$45M maintenance renewal effective March 2026.
- FY26 revenue outlook raised to $84M-$86M (from approx $84M); FY27 outlook $95M-$97M revenue with positive adjusted EBITDA.
- Gross margin improved 150 bps to 30.9%; total operating expenses down to $6.1M from $7.0M.