What were Orion Energy Systems (NASDAQ:OESX)’s total revenue and profitability for fiscal 2026?

Orion Energy Systems reported total revenue of $86.3 million for fiscal 2026 and adjusted EBITDA of $2.2 million. On a GAAP basis, the company posted a net loss of $3.2 million for the year.

How did Orion perform in the fourth quarter of fiscal 2026?

In Q4 2026, Orion generated $25.7 million in revenue and achieved a gross margin of 37%, providing a baseline for its 2027 financial outlook.

What guidance has Orion provided for fiscal 2027?

Management expects annual revenue between $95 million and $97 million for fiscal 2027, with positive adjusted EBITDA, indicating anticipated improvements in operational scale.

What is the significance of Orion’s backlog entering fiscal 2027?

Orion started fiscal 2027 with a $30 million backlog, which management views as a strong foundation for achieving projected revenue and profitability targets

How does fiscal 2027 guidance compare to fiscal 2026 performance?

Revenue guidance of $95–$97 million represents a 9–12% increase over 2026, signaling the company expects moderate top-line growth alongside improved operational efficiency.

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Orion reports fiscal 2026 results, projects revenue growth for fiscal 2027

Written by Liezl GambePublished Jun. 4 2026Last Updated Jun. 4 2026

Orion Energy Systems (NASDAQ:OESX) reported financial results for its fiscal year 2026 today, detailing a period of ongoing investment and operational transition.

The company recorded total annual revenue of $86.3 million for fiscal 2026, alongside an adjusted EBITDA of $2.2 million.

On a GAAP basis, the company reported a net loss of $3.2 million for the full year.

Performance in the final quarter of the fiscal year provided a baseline for the company’s forward-looking targets.

For the fourth quarter of 2026, Orion generated $25.7 million in revenue, achieving a gross margin of 37.0%.

Looking ahead, management reiterated its previously issued guidance for fiscal 2027, projecting annual revenue in the range of $95 million to $97 million.

The company expects this top-line growth to be accompanied by positive adjusted EBITDA for the full year, a sign of its improving operational scale.

Meanwhile, Orion began its 2027 fiscal year with a $30 million backlog, a figure that management suggests provides a solid foundation for meeting these growth targets.