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Orion Energy Systems Inc
F:5A4

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Orion Energy Systems Inc Logo
Orion Energy Systems Inc
F:5A4
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Price: 4.96 EUR Market Closed
Market Cap: €162.4m

Orion Energy Systems Inc
Investor Relations

Orion Energy Systems designs and sells energy-efficient lighting and electrical infrastructure products for commercial and industrial buildings. Its main business is helping customers replace older lighting with LED systems and then supporting those systems with controls, installation, and maintenance services. The company works with businesses, schools, governments, and other large property owners that want lower electricity use and simpler building upgrades. Orion makes money by selling lighting fixtures, controls, and related hardware, and by charging for design, installation, and ongoing service work. In many projects, the company acts as a one-stop contractor: it plans the upgrade, supplies the equipment, and carries out the retrofit. That gives Orion a role that sits between a manufacturer and a service provider, which is different from a pure product seller. The company’s business depends on customers that have large facilities and need practical, cost-saving improvements rather than flashy technology. Its value comes from knowing how to replace complex lighting systems with more efficient ones while minimizing disruption to the building owner. In plain terms, Orion sells the parts and the know-how needed to modernize lighting and related electrical systems.

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Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Jun 4, 2026
AI Summary
Q4 2026

Record year: Orion said fiscal 2026 was a turnaround year, with revenue rising to $86.3 million and positive EBITDA for the full year, compared with a loss in fiscal 2025.

Margin improvement: Gross margin improved sharply to 32.6% for the year, helped by better mix, lower costs, and a $1.3 million contract amendment payment in lighting.

FY27 outlook: Management guided to $95 million to $97 million in revenue for fiscal 2027 and said it expects positive EBITDA again, with revenue likely spread relatively evenly through the year.

New growth drivers: Orion highlighted stronger distribution, electrical contracting, EV-related work, and a new data center lighting product as key sources of future upside.

Balance sheet: The company ended the year with $15.4 million of available liquidity, paid down $4 million on the revolver, and extended its credit facility maturity to June 30, 2030.

Key Financials
Revenue
$25.7 million
Revenue
$86.3 million
LED segment revenue
$20.3 million
LED segment revenue
$55.9 million
Lighting gross margin
40.4%
Lighting gross margin
33.8%
Maintenance revenue
$3.2 million
Maintenance revenue
$16 million
EV charging revenue
$2.3 million
EV charging revenue
$14.4 million
Gross margin
37%
Gross margin
32.6%
Operating expenses
$10.3 million
Operating expenses
$29.7 million
Net loss
$1.5 million
Net loss per share
$0.39
Net loss
$3.2 million
Net loss per share
$0.89
EBITDA
$0.8 million
EBITDA
$2.2 million
Cash used by operating activities
$1.1 million
Revolving credit paydown
$4 million
Net working capital
$11 million
Available financial liquidity
$15.4 million
Net proceeds from stock issuance
$6.4 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Michael H. Jenkins
CEO & Director
No Bio Available
Mr. John Per Brodin CPA
Executive VP, CFO, Chief Accounting Officer & Treasurer
No Bio Available
Mr. Scott A. Green
Executive VP & President of Orion Services Group
No Bio Available
Mr. Steven R. Barth Esq., J.D.
Outside Legal Counsel & Board Secretary
No Bio Available

Contacts

Address
WISCONSIN
Manitowoc
2210 Woodland Dr
Contacts
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