secwatch.observer — SEC 8-K summary
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Issuer:     ORION ENERGY SYSTEMS, INC. (OESX)
CIK:        0001409375
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-038471
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Energy posts Q3 profit, revenue $21.1M; raises FY26 guidance and sets FY27 outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526038471/0001193125-26-038471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526038471/oesx-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-038471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer