15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $86M | -$3M | 32.6% | -1.9% | -$1M | $6M | $3M |
| 2025 | $80M | -$14M | 25.4% | -13.3% | $500000 | $10M | $6M |
| 2024 | $91M | -$16M | 23.1% | -11.9% | -$11M | $10M | $5M |
| 2023 | $77M | -$34M | 22.6% | -20.7% | -$3M | $10M | $16M |
| 2022 | $124M | $6M | 27.3% | 6.7% | -$631000 | $35000 | $14M |
| 2021 | $117M | $26M | 25.8% | 5.9% | $827000 | $49000 | $19M |
| 2020 | $151M | $12M | 24.6% | 8.7% | $20M | $10M | $29M |
| 2019 | $66M | -$7M | 22.1% | -9.4% | -$5M | $9M | $9M |
| 2018 | $60M | -$13M | 24.3% | -21.5% | -$5M | $4M | $9M |
| 2017 | $70M | -$12M | 24.7% | -17.8% | -$3M | $7M | $17M |
| 2016 | $68M | -$20M | 23.6% | -29.5% | -$4M | $5M | $16M |
| 2015 | $72M | -$32M | -1.6% | -44.2% | -$15M | $5M | $20M |
| 2014 | $89M | -$6M | 25.9% | -9.4% | $9M | $7M | $18M |
| 2013 | $86M | -$10M | 31.1% | -7.7% | $102000 | $7M | $14M |
| 2012 | $101M | $483000 | 29.9% | 0.5% | $7M | $9M | $23M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Dec '25 | $21M | $160000 | 30.9% | 1.8% | -$645000 | $10M | $5M |
| Sep '25 | $20M | -$581000 | 31.0% | -1.2% | $2M | $10M | $5M |
| Jun '25 | $20M | -$1M | 30.1% | -5.2% | -$570000 | $8M | $4M |
| Mar '25 | $21M | -$3M | 27.5% | -12.7% | -$750000 | $10M | $6M |
| Dec '24 | $20M | -$2M | 29.4% | -6.4% | $4M | — | $7M |
| Sep '24 | $19M | -$4M | 23.1% | -16.9% | $493000 | $13M | $5M |
| Jun '24 | $20M | -$4M | 21.6% | -17.2% | -$3M | $14M | $6M |
| Mar '24 | $26M | $2M | 25.8% | 6.8% | $206000 | $10M | $5M |
| Dec '23 | $26M | -$2M | 24.5% | -7.9% | $927000 | $11M | $5M |
| Sep '23 | $21M | -$4M | 22.2% | -20.2% | -$4M | $10M | $4M |
| Jun '23 | $18M | -$7M | 18.0% | -36.3% | -$8M | $10M | $8M |
| Mar '23 | $22M | -$5M | 21.9% | -22.4% | $3M | $10M | $16M |
| Dec '22 | $20M | -$24M | 23.6% | -22.6% | $1M | $5M | $8M |
| Sep '22 | $18M | -$2M | 25.3% | -16.8% | -$2M | $5M | $13M |
| Jun '22 | $18M | -$3M | 19.8% | -20.2% | -$5M | $31000 | $9M |
| Mar '22 | $22M | -$1M | 23.8% | -6.3% | -$2M | $35000 | $14M |
| Dec '21 | $31M | $1M | 24.9% | 4.3% | $6M | $38000 | $17M |
| Sep '21 | $37M | $4M | 29.5% | 13.8% | -$1M | $42000 | $15M |
| Jun '21 | $35M | $3M | 29.1% | 9.7% | -$3M | $46000 | $16M |
| Mar '21 | $35M | $22M | 26.0% | 7.2% | $7M | $49000 | $19M |
How the market has priced OESX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, ORION ENERGY SYSTEMS, INC.'s revenue has declined 5.9% per year. These are computed facts, not advice.
As of FY2026, ORION ENERGY SYSTEMS, INC. reported $6M of total debt against $3M of cash.
In FY2026, gross margin was 32.6%, operating margin -1.9%, and net margin -3.7%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.