Orion Energy Reports FY’25 Results and FY’26 Outlook

Orion Energy ( (OESX) ) has released its Q4 earnings. Here is a breakdown of the information Orion Energy presented to its investors.

Orion Energy Systems, Inc., operating in the energy efficiency and clean tech sector, specializes in LED lighting, EV charging solutions, and maintenance services. The company recently reported its fiscal year 2025 results, highlighting a gross margin increase to 25.4% on a revenue of $79.7 million, despite a 12% decline in total revenue compared to the previous year. Notably, Orion’s EV charging revenue grew by 37%, offsetting declines in other segments. The company also achieved positive adjusted EBITDA in the last two quarters of FY’25, reflecting operational improvements.

Orion’s financial performance in FY’25 was marked by a decrease in LED lighting and maintenance revenues, while EV charging solutions showed significant growth. The gross profit margin improved due to strategic pricing and cost reductions, despite a net loss of $11.8 million for the year. The company also enhanced its liquidity position and reduced operating expenses, setting the stage for future growth.

Looking ahead, Orion anticipates a 5% revenue growth in FY’26, driven by new contracts and strategic investments in channel sales. The company aims to achieve positive adjusted EBITDA for the full fiscal year, supported by ongoing cost-saving initiatives and a strong project pipeline. Orion’s management remains optimistic about its growth prospects, despite current economic uncertainties.

Orion’s strategic focus on expanding its LED lighting and EV charging project pipeline, along with cost management efforts, positions the company for modest growth in FY’26. The company plans to leverage its strong platform of solutions and services to meet customer needs and improve bottom-line results, while navigating potential challenges in the market.