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ORION ENERGY SYSTEMS, INC.

CIK: 1409375 SIC: 3640
$81.45M
Revenue
$-4.58M
Net Income
29.86%
Gross Margin
-4.31%
Op. Margin
$23.00K
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 43 quarterly reports available
Breakdown Q3 2025
(Dec 31, 2025)
Q2 2025
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2024
(Mar 31, 2025)
Q3 2024
(Dec 31, 2024)
Q2 2024
(Sep 30, 2024)
+ Total Revenue $21.09M $19.92M $19.57M $20.87M $19.58M $19.36M
Revenue Growth % (YoY) 7.7% 2.9% nan% nan% nan% nan%
Cost of Revenue $14.58M $13.74M $13.67M $15.13M $13.83M $14.89M
+ Gross Profit $6.51M $6.18M $5.90M $5.74M $5.75M $4.47M
Gross Margin % 30.9% 31.0% 30.1% 27.5% 29.4% 23.1%
Operating Expenses $6.12M $6.42M $6.91M $8.38M $7.00M $7.74M
Research & Development $237.00K $231.00K $208.00K $389.00K $287.00K $328.00K
+ Operating Income $386.00K $-242.00K $-1.01M $-2.64M $-1.25M $-3.27M
Operating Margin % 1.8% -1.2% -5.2% -12.7% -6.4% -16.9%
Interest Expense $639.00K - - $190.00K - -
Interest Income - - - $6.00K $1.00K -
Other Income/Expense $-208.00K $-329.00K $-218.00K $-270.00K $-258.00K $-330.00K
Income Before Tax $178.00K $-571.00K $-1.23M $-2.91M $-1.51M $-3.60M
Income Tax Expense $18.00K $10.00K $13.00K $-2.00K $1.00K $23.00K
+ Net Income $160.00K $-581.00K $-1.24M $-2.91M $-1.51M $-3.62M
Net Margin % 0.8% -2.9% -6.4% -13.9% -7.7% -18.7%
Basic EPS 0.05 -0.17 -0.04 -0.09 -0.05 -0.11
Diluted EPS 0.04 -0.17 -0.04 -0.09 -0.05 -0.11
Basic Shares Outstanding 3.5M 3.5M 33.3M 42K 32.9M 32.8M
Diluted Shares Outstanding 3.6M 3.5M 33.3M 42K 32.9M 32.8M
Breakdown Q3 2025
(Dec 31, 2025)
Q2 2025
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2024
(Mar 31, 2025)
Q3 2024
(Dec 31, 2024)
Q2 2024
(Sep 30, 2024)
Cash & Cash Equivalents $4.72M $5.16M $3.56M $5.97M $7.50M $5.37M
Accounts Receivable $13.25M $11.51M $13.53M $12.85M $12.23M $11.71M
Inventory $9.87M $10.43M $10.30M $11.39M $13.47M $15.03M
Other Current Assets $1.36M $1.14M $1.80M $1.94M $1.73M $1.95M
Total Current Assets $32.80M $32.01M $32.67M $35.50M $37.12M $39.97M
Property Plant & Equipment $7.37M $7.82M $7.83M $8.03M $8.40M $8.66M
Goodwill $1.48M $1.48M $1.48M $1.48M $1.48M $1.48M
Intangible Assets $2.77M $2.90M $3.14M $3.38M $3.71M $3.97M
Other Non-current Assets $3.83M $3.69M $3.89M $4.08M $1.99M $2.18M
Total Assets $48.25M $47.90M $49.02M $52.46M $52.71M $56.27M
Accounts Payable $14.52M $13.54M $12.59M $13.27M $13.41M $14.45M
Accrued Liabilities $8.72M $9.41M $13.17M $12.73M $12.53M $11.71M
Deferred Revenue $190.00K $338.00K $441.00K $491.00K $287.00K $359.00K
Total Current Liabilities $24.23M $23.95M $26.55M $26.84M $26.58M $26.87M
Long-term Debt $9.84M - - - - -
Other Non-current Liabilities $2.86M $3.02M $3.21M $3.43M $741.00K $1.05M
Total Liabilities $36.41M $36.52M $38.21M $40.58M $38.24M $40.47M
Common Stock - - - - - -
Retained Earnings $-116.56M $-116.72M $-116.14M $-114.89M $-111.98M $-110.47M
Total Stockholders Equity $11.84M $11.38M $10.81M $11.88M $14.47M $15.80M
Total Liabilities & Equity $48.25M $47.90M $49.02M $52.46M $52.71M $56.27M
Breakdown Q3 2025
(Dec 31, 2025)
Q2 2025
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2024
(Mar 31, 2025)
Q3 2024
(Dec 31, 2024)
Q2 2024
(Sep 30, 2024)
Net Income $160.00K $-581.00K $-1.24M $-2.91M $-8.89M $-7.38M
Stock-based Compensation $320.00K $323.00K $166.00K $335.00K $822.00K $642.00K
Change in Receivables $449.00K $-1.30M $692.00K $923.00K $-1.72M $-2.26M
Change in Inventory $-1.19M $-782.00K $-1.06M $-1.64M $-4.46M $-2.94M
Change in Payables $1.25M $275.00K $-682.00K $-140.00K $-4.94M $-3.90M
Operating Cash Flow $407.00K $1.30M $-515.00K $-699.00K $1.30M $-2.46M
Capital Expenditure $58.00K $310.00K $55.00K $51.00K $48.00K $29.00K
Investing Cash Flow $-61.00K $-312.00K $-55.00K $-6.00K $134.00K $155.00K
Stock Issued $1.00M $1.00M - - - -
Financing Cash Flow $-1.60M $-1.81M $-1.84M $-820.00K $910.00K $2.52M
Net Change in Cash $-1.25M $-817.00K $-2.41M $-1.52M $2.34M $214.00K
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $21.09M - $60.58M -
Cost of Revenue $14.58M - $42.00M -
Gross Profit $6.51M - $18.59M -
Operating Expenses $6.12M - $19.45M -
Research & Development $237.00K - $676.00K -
Operating Income $386.00K - $-869.00K -
Interest Expense - - $639.00K -
Other Income/Expense $-208.00K - $-755.00K -
Income Before Tax $178.00K - $-1.62M -
Income Tax Expense $18.00K - $41.00K -
Net Income $160.00K $-3.62M $-1.67M -
Basic EPS 0.05 - -0.48 -
Diluted EPS 0.04 - -0.48 -
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Mar 31, 2025
Cash & Cash Equivalents $4.72M $5.97M
Accounts Receivable $13.25M $12.85M
Inventory $9.87M $11.39M
Other Current Assets $1.36M $1.94M
Total Current Assets $32.80M $35.50M
Property Plant & Equipment $7.37M $8.03M
Goodwill $1.48M $1.48M
Intangible Assets $2.77M $3.38M
Other Non-current Assets $3.83M $4.08M
Total Assets $48.25M $52.46M
Accounts Payable $14.52M $13.27M
Accrued Liabilities $8.72M $12.73M
Deferred Revenue $190.00K $491.00K
Total Current Liabilities $24.23M $26.84M
Long-term Debt $9.84M $10.32M
Other Non-current Liabilities $2.86M $3.43M
Total Liabilities $36.41M $40.58M
Retained Earnings $-116.56M $-114.89M
Total Stockholders Equity $11.84M $11.88M
Total Liabilities & Equity $48.25M $52.46M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $160.00K $-3.62M $-1.67M -
Stock-based Compensation - - $320.00K -
Change in Receivables - - $449.00K -
Change in Inventory - - $-1.19M -
Change in Payables - - $1.25M -
Operating Cash Flow - - $407.00K -
Capital Expenditure - - $58.00K -
Investing Cash Flow - - $-61.00K -
Stock Issued - - $1.00M -
Financing Cash Flow - - $-1.60M -
Net Change in Cash - - $-1.25M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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