Orion Energy Systems Swings to Positive FY26 Adjusted EBITDA, Reports $86.3M Revenue; Reaffirms FY27 Outlook
Summary
Orion Energy Systems reported fiscal year 2026 revenue of $86.3 million and adjusted EBITDA of $2.2 million, marking a significant swing from an adjusted EBITDA loss in FY25. The company also saw Q4 revenue increase 23% year-over-year, achieving its sixth consecutive quarter of positive adjusted EBITDA. This follows an 8-K filed minutes earlier that broadly announced strong results. The strong financial performance, including significant margin expansion, and the reiteration of FY27 revenue guidance of $95M-$97M, coupled with a $30 million backlog, indicate positive momentum for the company.
At the time of this announcement, OESX was trading at $9.60 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $37M. The 52-week trading range was $5.50 to $18.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.