Highest-materiality recent filing
Preliminary FY26 revenue of $86M and adjusted EBITDA of at least $2M; FY27 guidance reaffirmed at $95-97M revenue and positive adjusted EBITDA.
Orion reiterates FY2026 rev $84-86M, FY2027 rev $95-97M; positive adj. EBITDA
FY2026 revenue outlook $84-86M with positive adjusted EBITDA; FY2027 revenue $95-97M with positive adjusted EBITDA.
Orion settles Voltrek earnout dispute for $3M cash; solar PPA exit adds $1.3M offset
Paid $3.0M to Final Frontier on March 18, 2026, settling earnout claims that had been for ~$10M (claimant), $1.4M (company), with arbitrator at $3.4M.
Orion Energy posts Q3 profit, revenue $21.1M; raises FY26 guidance and sets FY27 outlook
Q3'26 revenue $21.1M (up 7.7% YoY); net income $0.2M vs loss $1.5M; adjusted EBITDA $0.8M (from $0.0M).
Orion Energy Systems closes $7M public offering of 500k shares at $14.00 to repay debt
500,000 shares sold at $14.00 each; gross proceeds ~$7.0M, net ~$6.4M after discounts and expenses.
Orion raises FY26 revenue guidance, awarded $14M-$15M LED project, expects positive Q3 net income
FY26 Q3 preliminary revenue ~$21M, with positive net income and positive adjusted EBITDA.
Orion Energy reinstates CEO Washlow's $500K signing bonus, $300K stock purchase
Cash signing bonus of $500,000 reinstated; $300,000 to purchase common stock directly from the company.
Orion Q2 FY2026: Revenue $19.9M, net loss $(0.6)M from $(3.6)M, positive adjusted EBITDA
Revenue $19.9M (up from $19.4M YoY); gross margin 31.0% vs 23.1%, up 790 bps.
Orion Energy restructures Voltrek earnout into senior subordinated loan of up to $3M
Paid $875k cash to Final Frontier in full settlement of FY2024 earnout; issued $1M in stock for FY2025 earnout.
Orion Energy regains Nasdaq minimum bid price compliance via reverse split
Received Nasdaq notice on Sept 8, 2025 confirming regained compliance with Minimum Bid Price Rule.
Orion Energy Systems announces 1:10 reverse stock split effective Aug 22, 2025
Reverse split at 1:10 ratio; shares outstanding drop from ~35.2M to ~3.5M.
Orion Energy shareholders approve reverse stock split and special option grant for new CEO
Elected directors Otten and Washlow with over 90% support.
Orion Q1 revenue $19.6M (-2% YoY); gross margin 30.1%, adjusted EBITDA positive $0.2M
Net loss improved to $1.2M ($0.04 loss per share) from $3.8M a year ago.
Orion Energy FY2025 revenue falls 12% to $79.7M; guides FY2026 to ~$84M, targeting positive EBITDA
Q4'25 net loss ($2.9M) vs net income $1.6M in Q4'24; FY25 net loss ($11.8M) unchanged from FY24.
CEO Sally Washlow's $500K cash signing bonus deferred for up to one year due to company's current financial condition.
Orion Energy Systems finalizes CEO replacement; Jenkins receives $633K severance
Michael H. Jenkins replaced as CEO effective April 14, 2025; also resigned from board.
Michael H. Jenkins replaced as CEO effective April 14, 2025; had served since November 2022.
OESX granted 180-day extension to meet Nasdaq $1 minimum bid price rule
Nasdaq granted Orion Energy an additional 180-day compliance period until September 15, 2025.
Orion Energy Q3 revenue $19.6M (-25% YoY); cuts FY25 outlook to $77-83M; NEOs/board take 10% pay cut
Q3 revenue $19.6M vs $26.0M YoY; net loss improved to -$1.5M (-$0.05/sh) from -$2.3M.
Orion Q2 FY2025 revenue $19.4M, net loss $3.6M; EV charging grows 40%
Revenue $19.4M vs $20.6M YoY; net loss $(3.6)M or $(0.11)/share, improvement from $(4.4)M loss in Q2'24.
Orion Energy extends credit facility maturity to June 2027 with Bank of America
Revolving Credit Line and Term Loan maturity extended from Dec 29, 2025 to June 30, 2027.
Orion Energy pre-announces Q2 FY25 revenue of ~$19.4M, cuts FY25 growth outlook to ~10%
Q2 FY25 revenue ~$19.4M vs $20.6M a year ago; H1 FY25 revenue ~$39.3M vs $38.2M.
Orion Energy Systems receives Nasdaq bid price deficiency notice; 180-day cure period
Received Nasdaq notice on Sept 20, 2024 for failing to maintain $1.00 minimum bid price for 30 consecutive business days.
Orion Energy Systems reports 2024 annual meeting voting results; all proposals approved
Three Class II directors (Richstone, Shapiro, Wishart-Smith) elected with over 90% of votes cast.
Revenue $19.9M (+13% YoY), led by EV charging segment up 209% to $3.8M.
Orion regains Nasdaq compliance with minimum bid price rule after ten days above $1.00
Received Nasdaq notice on June 18, 2024 that it regained compliance with Bid Price Rule 5550(a)(2).
Orion Energy Q4 revenue $26.4M (+22%), net income $1.6M; FY25 revenue growth target 10-15%
Q4'24 revenue $26.4M (+22.1% YoY); LED lighting $16.3M (+13%), EV charging $4.9M (+42%), maintenance $5.2M (+37%).
Orion previews Q4 revenue $26.4M (+22% YoY); FY24 revenue $90.6M (+17%)
LED lighting segment Q4 revenue $16.3M (vs $14.4M Q4'23), driven by turnkey retrofits including DoD project.
Added $3.525M mortgage loan secured by headquarters property in Manitowoc, Wisconsin.
Orion Energy receives Nasdaq delisting notice for bid price non-compliance
Nasdaq notified Orion that its stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
Michael H. Jenkins, the Company’s Chief Executive Officer, had been replaced as Chief Executive Officer of the Company effective as of April 14, 2025
Mr. Jenkins also resigned as a member of the Company’s board of directors
Michael H. Jenkins, the Company’s Chief Executive Officer, has been replaced as Chief Executive Officer of the Company (the “Termination Date”).
the Company also announced its Board’s appointment of Sally A. Washlow as the Company’s new Chief Executive Officer, effective as of Mr. Jenkins’ Termination Date.
Max materiality 0.80 · Median 0.70 · Most common event earnings