secwatch.observer — SEC 8-K summary
======================================

Issuer:     ORION ENERGY SYSTEMS, INC. (OESX)
CIK:        0001409375
Form:       8-K
Filed at:   2026-06-04T11:00:34+00:00
Accession:  0001193125-26-256436
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion FY2026 rev $86.3M +8% YoY; Q4 adj EBITDA $0.8M; guides FY2027 $95-97M rev
-------------------------------------------------------------------------------

- FY2026 revenue $86.3M (+8% YoY); net loss narrowed to $3.2M from $11.8M; adj EBITDA $2.2M vs -$2.9M.
- Q4'26 revenue $25.7M (+23% YoY); gross margin 37.0% vs 27.5%; adj EBITDA $0.8M, sixth consecutive positive quarter.
- LED lighting revenue $20.3M (+86% YoY) in Q4; EV charging $2.3M (-61%); maintenance $3.2M (-23%).
- FY2027 guidance: revenue $95-97M (up ~12% YoY) and positive adjusted EBITDA; backlog $30M at start, up $13M YoY.
- Company completed Voltrek earnout, extended credit facility to June 2030, and raised $6.4M in public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526256436/0001193125-26-256436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409375/000119312526256436/oesx-20260604.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-256436

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