---
title: "Orion Energy Systems reports preliminary FY26 revenue of $86M and at least $2M adjusted EBITDA"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286924358.md"
description: "Orion Energy Systems reported preliminary FY26 revenue of $86M and adjusted EBITDA of at least $2M. The company expects FY27 revenue between $95M and $97M with positive adjusted EBITDA. Growth is attributed to backlog increase, higher enterprise orders, and cost improvements. As of March 31, 2026, backlog was $30M. The company has seen six consecutive quarters of positive adjusted EBITDA and plans an investor call on June 4, 2026, to discuss results."
datetime: "2026-05-19T13:43:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286924358.md)
  - [en](https://longbridge.com/en/news/286924358.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286924358.md)
---

# Orion Energy Systems reports preliminary FY26 revenue of $86M and at least $2M adjusted EBITDA

Orion Energy Systems announced preliminary unaudited results for Fiscal Year 2026, reporting revenue of $86.0 million and adjusted EBITDA of at least $2.0 million. The company reiterated guidance for Fiscal Year 2027 of $95–$97 million in revenue and positive adjusted EBITDA. Management attributed improvement to backlog growth, higher enterprise orders, and cost-structure gains.

**Financial Highlights**

-   Fiscal Year 2026 preliminary revenue: $86.0 million (unaudited).
-   Fiscal Year 2026 preliminary adjusted EBITDA: at least $2.0 million (non-GAAP).
-   Fiscal Year 2027 revenue guidance: $95.0 million to $97.0 million.
-   Fiscal Year 2027 adjusted EBITDA guidance: positive (non-GAAP).

**Business Highlights**

-   Backlog totaled $30.0 million as of March 31, 2026, supporting near-term revenue visibility.
-   Company reported six consecutive quarters of positive adjusted EBITDA, citing disciplined cost containment and a robust proprietary supply chain.
-   Growth driven by expanded deployments within large customers across automotive, retail and public sectors, including lighting, maintenance, electrical infrastructure and EV charging.
-   Newly awarded work in Battery Energy Storage Systems and Electrical Contracting contributing to business momentum.
-   Management plans an investor call and webcast on June 4, 2026, to review FY26 fourth-quarter and full-year results and will release audited results prior to market open that day.

Original SEC Filing: ORION ENERGY SYSTEMS, INC. \[ OESX \] - 8-K - May. 19, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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