Orion Energy Systems Inc (OESX)
NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
$25.00+7.85%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · OESX
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on revenue growth, margin expansion, and sustained positive adjusted EBITDA through market expansion and cost discipline.
Stated as a priority in 4 quarters including 2026-Q1, Q2, Q4, and a non-quarter-specific release. Revenue grew from $19.6M in 2026-Q1 to $25.7M in 2026-Q2 (+32%), gross margin improved from 30.1% to 34.6%, net income turned positive to $2.0M, and adjusted EBITDA rose to $2.5M in 2026-Q2. The company reiterated FY 2027 revenue guidance of $95M-$97M, up 12% over FY 2026's $86M. The trajectory matches management's stated profitable growth path and margin expansion.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“CEO: 'Orion is on a path of profitable growth, increasing profitability and continued market expansion in FY 27.'”
“CEO: 'We expect continued growth in revenue and profitability in FY 27.'”
“CEO: 'Orion is demonstrably on a profitable growth path with six straight quarters of positive adjusted EBITDA.'”
Successfully finalize and integrate the acquisition of Final Frontier, LLC to expand capabilities and market reach.
Newly stated in 2026-Q2 with the announcement of the acquisition completion and settlement agreement with Final Frontier, LLC. No direct financial impact numbers provided yet. The priority is recent and integration progress is not yet quantifiable.
“Orion Energy Systems, Inc. entered into a settlement agreement with Final Frontier, LLC to reach a final and complete resolution.”
Drive growth in LED lighting and maintenance services through new customer contracts and expanded existing relationships.
Stated in 3 quarters including 2025-Q4, 2026-Q1, and 2026-Q2. LED lighting revenue increased 37% from $12.9M in 2026-Q1 to $17.7M in 2026-Q2, and maintenance services revenue grew 2% to $4.1M in 2026-Q2. Prior quarter 2025-Q4 showed 86% LED lighting revenue growth year-over-year. The trajectory shows delivering growth in these segments consistent with management's statements.
“LED lighting revenue increased approximately 37% to $17.7M in Q1 27 compared to $12.9M in Q1 26.”
“Maintenance recorded solid performance, thanks in large part to our customer-first approach.”
“LED lighting revenue increased approximately 86% to $20.3M in Q4 26 compared to $10.9M in Q4 25.”
Continue careful management of operating expenses and improve gross margins through pricing and cost improvements.
Stated in 3 quarters including 2025-Q4, 2026-Q1, and 2026-Q2. Gross margin improved significantly from 27.5% in 2024-Q4 to 37.0% in 2025-Q4, and remained elevated at 34.6% in 2026-Q2. Operating expenses were managed tightly, decreasing slightly from $6.9M in 2025-Q4 to $6.8M in 2026-Q1. The trajectory shows delivering on cost discipline and margin improvement as management emphasized.
“Gross margin was 34.6% versus 30.1% in 2026-Q1, primarily due to pricing and cost improvements.”
“Total operating expenses decreased to $6.8M in 2026-Q1 from $6.9M in 2025-Q4.”
“Gross margin was 37.0% in 2025-Q4 versus 27.5% in 2024-Q4, reflecting structural reset benefits.”
Over the trailing year it converted 1.04x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=6654).
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
15 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.