ORION ENERGY SYSTEMS, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.7M | $25.7M | $21.1M | $19.9M | $19.6M | $20.9M | $19.6M | $19.4M |
| Cost of Revenue | $16.8M | $16.2M | $14.6M | $13.7M | $13.7M | $15.2M | $13.8M | $14.9M |
| Gross Profit | $8.9M | $9.5M | $6.5M | $6.2M | $5.9M | $5.7M | $5.8M | $4.5M |
| Gross Margin | 34.6% | 37.0% | 30.9% | 31.0% | 30.1% | 27.4% | 29.4% | 23.1% |
| Operating Expenses | ||||||||
| Research & Development | $268.0K | $269.0K | $237.0K | $231.0K | $208.0K | $350.0K | $287.0K | $328.0K |
| SG&A Expense | $3.7M | $7.2M | $3.4M | $3.8M | $4.3M | $5.1M | $3.9M | $4.6M |
| Operating Income | $2.1M | $-773.0K | $386.0K | $-242.0K | $-1.0M | $-2.6M | $-1.2M | $-3.3M |
| Operating Margin | 8.2% | -3.0% | 1.8% | -1.2% | -5.2% | -12.7% | -6.4% | -16.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $2.0M | $-1.5M | $178.0K | $-571.0K | $-1.2M | $-2.9M | $-1.5M | $-3.6M |
| Income Tax Expense | $5.0K | $45.0K | $18.0K | $10.0K | $-13.0K | $-3.0K | $1.0K | $23.0K |
| Net Income | $2.0M | $-1.5M | $160.0K | $-581.0K | $-1.2M | $-2.9M | $-1.5M | $-3.6M |
| Net Margin | 7.6% | -5.8% | 0.8% | -2.9% | -6.4% | -13.9% | -7.7% | -18.7% |
| EPS (Basic) | $0.48 | $-0.40 | $0.05 | $-0.17 | $-0.37 | $-1.91 | $-0.46 | $-1.10 |
| EPS (Diluted) | $0.47 | $-0.39 | $0.04 | $-0.17 | $-0.37 | $-1.91 | $-0.46 | $-1.10 |
| Shares Outstanding (Basic) | 4.1M | 3.6M | 3.5M | 3.5M | 3.3M | 3.3M | 3.3M | 3.3M |
| Shares Outstanding (Diluted) | 4.2M | 3.6M | 3.6M | 3.5M | 3.3M | 3.3M | 3.3M | 3.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |