Orion Energy Sees Improved Margins and Reduced Losses

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2025.11.06 05:24
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Orion Energy (OESX) reported its Q2 earnings, showing improved financial performance with total revenue rising to $19.9 million and a gross profit margin increasing to 31.0% from 23.1% year-over-year. The net loss decreased significantly to $0.6 million from $3.6 million in Q2 2025. Growth in maintenance services and strategic contracts in LED lighting and EV charging contributed to this positive trend. Orion expects about 5% revenue growth for fiscal 2026, targeting $84 million and positive adjusted EBITDA for the year.