Orion Energy Systems, Inc. (OESX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 25.72M | 21.09M | 19.92M | 19.57M | 20.87M | 19.58M | 19.36M | 19.91M | 26.41M | 25.97M | 20.59M | 17.61M | 21.63M | 20.29M | 17.56M | 17.91M | 22.06M | 30.71M | 36.51M | 35.1M |
| Revenue Growth % | 23.26% | 7.68% | 2.88% | -1.66% | -20.98% | -24.59% | -5.95% | 13.02% | 22.11% | 28.01% | 17.23% | -1.64% | -1.94% | -33.95% | -51.9% | -48.99% | -37.86% | -30.59% | 38.92% | 224.68% |
| Cost of Goods Sold | 16.21M | 14.58M | 13.74M | 13.67M | 15.13M | 13.83M | 14.89M | 15.61M | 19.61M | 19.6M | 16.02M | 14.44M | 16.89M | 15.51M | 13.13M | 14.35M | 17.6M | 23.07M | 25.72M | 24.87M |
| COGS % of Revenue | 63.04% | 69.15% | 68.99% | 69.85% | 72.52% | 70.62% | 76.9% | 78.4% | 74.24% | 75.48% | 77.81% | 82% | 78.08% | 76.43% | 74.74% | 80.15% | 79.78% | 75.12% | 70.45% | 70.86% |
| Gross Profit | 9.51M | 6.51M | 6.18M | 5.9M | 5.74M | 5.75M | 4.47M | 4.3M | 6.8M | 6.37M | 4.57M | 3.17M | 4.74M | 4.78M | 4.43M | 3.55M | 4.46M | 7.64M | 10.79M | 10.23M |
| Gross Margin % | 36.96% | 30.85% | 31.01% | 30.15% | 27.48% | 29.38% | 23.1% | 21.6% | 25.76% | 24.52% | 22.19% | 18% | 21.92% | 23.57% | 25.26% | 19.85% | 20.22% | 24.88% | 29.55% | 29.14% |
| Gross Profit Growth % | 65.79% | 13.09% | 38.13% | 37.26% | -15.71% | -9.63% | -2.12% | 35.57% | 43.51% | 33.17% | 3.02% | -10.78% | 6.3% | -37.43% | -58.89% | -65.26% | -51.63% | -30.57% | 48.53% | 288.24% |
| Operating Expenses | 10.28M | 6.12M | 6.42M | 6.91M | 8.38M | 7M | 7.74M | 7.73M | 5M | 8.43M | 8.74M | 9.57M | 9.58M | 9.37M | 7.38M | 7.17M | 5.85M | 6.31M | 5.76M | 6.81M |
| OpEx % of Revenue | 39.97% | 29.02% | 32.23% | 35.32% | 40.15% | 35.76% | 40% | 38.84% | 18.94% | 32.46% | 42.44% | 54.32% | 44.28% | 46.18% | 42.02% | 40.05% | 26.52% | 20.54% | 15.77% | 19.41% |
| Selling, General & Admin | 10.01B | 18.77B | 6.19M | 6.71M | 7.99M | 6.72M | 7.42M | 7.47M | 4.26M | 8.08M | 8.35M | 9.04M | 10.68M | 8.47M | 6.59M | 6.64M | 6.47M | 5.74M | 5.44M | 6.36M |
| SG&A % of Revenue | 38922.37% | 88980.54% | 31.07% | 34.26% | 38.28% | 34.29% | 38.3% | 37.51% | 16.13% | 31.11% | 40.57% | 51.3% | 49.35% | 41.73% | 37.55% | 37.1% | 29.31% | 18.67% | 14.9% | 18.11% |
| Research & Development | 269M | 675.56M | 231K | 208K | 389K | 287K | 328K | 264K | 284K | 349K | 382K | 480K | 478K | 409K | 451K | 514K | 532K | 396K | 317K | 456K |
| R&D % of Revenue | 1045.76% | 3203.38% | 1.16% | 1.06% | 1.86% | 1.47% | 1.69% | 1.33% | 1.08% | 1.34% | 1.86% | 2.73% | 2.21% | 2.02% | 2.57% | 2.87% | 2.41% | 1.29% | 0.87% | 1.3% |
| Other Operating Expenses | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 456K | 0 | 3K | 53K | -1000K | 493K | 333K | 14K | -1000K | 178K | 0 | 0 |
| Operating Income | -773K | 386K | -242K | -1.01M | -2.64M | -1.25M | -3.27M | -3.43M | 1.8M | -2.06M | -4.17M | -6.4M | -4.84M | -4.59M | -2.94M | -3.62M | -1.39M | 1.33M | 5.03M | 3.42M |
| Operating Margin % | -3.01% | 1.83% | -1.21% | -5.17% | -12.66% | -6.38% | -16.9% | -17.24% | 6.83% | -7.94% | -20.25% | -36.32% | -22.36% | -22.61% | -16.76% | -20.2% | -6.3% | 4.34% | 13.78% | 9.74% |
| Operating Income Growth % | 70.75% | 130.9% | 92.6% | 70.48% | -246.59% | 39.43% | 21.5% | 46.35% | 137.28% | 55.06% | -41.62% | -76.86% | -247.99% | -444.44% | -158.5% | -205.82% | -154.57% | -70.17% | 169.18% | 267.14% |
| EBITDA | -315K | 718K | 268K | -529K | -1.94M | -712K | -2.69M | -2.84M | 2.42M | -1.43M | -3.53M | -5.79M | -4.16M | -4.01M | -2.58M | -3.21M | -941K | 1.69M | 5.39M | 3.79M |
| EBITDA Margin % | -1.22% | 3.4% | 1.35% | -2.7% | -9.31% | -3.64% | -13.9% | -14.25% | 9.16% | -5.5% | -17.16% | -32.85% | -19.24% | -19.76% | -14.7% | -17.93% | -4.27% | 5.51% | 14.76% | 10.81% |
| EBITDA Growth % | 83.79% | 200.84% | 109.96% | 81.35% | -180.36% | 50.17% | 23.8% | 50.98% | 158.1% | 64.35% | -36.83% | -80.16% | -342.3% | -337.02% | -147.9% | -184.63% | -132.3% | -65.06% | 140.84% | 326.51% |
| D&A (Non-Cash Add-back) | 458K | 332K | 510K | 484K | 700K | 537K | 580K | 596K | 615K | 633K | 635K | 612K | 675K | 580K | 361K | 406K | 449K | 359K | 359K | 376K |
| EBIT | -1.35M | 432K | -241K | -1.06M | -2.69M | -1.25M | -3.32M | -3.48M | 1.78M | -2.04M | -4.18M | -6.42M | -4.83M | -4.09M | -2.61M | -3.6M | -1.06M | 1.51M | 5.02M | 3.4M |
| Net Interest Income | -146K | -254K | -330K | -220K | -271K | -303K | -331K | -262K | -212K | -218K | -217K | -198K | -234K | -80K | -32K | -32K | -37K | -41K | -29K | 0 |
| Interest Income | 3K | 0 | 0 | 0 | 6K | 1K | 0 | 0 | 0 | 0 | 0 | 2K | 34K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 149K | 254K | 330K | 220K | 277K | 304K | 331K | 262K | 212K | 218K | 217K | 200K | 268K | 80K | 32K | 32K | 37K | 41K | 29K | 0 |
| Other Income/Expense | -706K | -208K | -329K | -218K | -270K | -258K | -330K | -305K | -210K | -193K | -205K | -198K | -234K | -80K | 1.25M | 1.6M | 457K | -41K | -29K | -34K |
| Pretax Income | -1.48M | 178K | -571K | -1.23M | -2.91M | -1.51M | -3.6M | -3.74M | 1.59M | -2.25M | -4.37M | -6.59M | -5.07M | -4.67M | -1.69M | -2.02M | -933K | 1.29M | 5M | 3.38M |
| Pretax Margin % | -5.75% | 0.84% | -2.87% | -6.29% | -13.96% | -7.7% | -18.6% | -18.77% | 6.03% | -8.68% | -21.24% | -37.44% | -23.45% | -23.01% | -9.61% | -11.28% | -4.23% | 4.2% | 13.7% | 9.64% |
| Income Tax | 19K | 18K | 10K | 13K | -2K | 1K | 23K | 21K | -17K | 1K | 15K | 42K | 45K | 19.39M | 643K | 815K | 247K | 189K | 1.34M | 874K |
| Effective Tax Rate % | -1.28% | 10.11% | -1.75% | -1.06% | 0.07% | -0.07% | -0.64% | -0.56% | -1.07% | -0.04% | -0.34% | -0.64% | -0.89% | -415.4% | -38.09% | -40.35% | -26.47% | 14.64% | 26.85% | 25.83% |
| Net Income | -1.5M | 160K | -581K | -1.24M | -2.91M | -1.51M | -3.63M | -3.76M | 1.61M | -2.26M | -4.39M | -6.64M | -5.12M | -24.06M | -2.33M | -2.83M | -1.18M | 1.1M | 3.66M | 2.51M |
| Net Margin % | -5.82% | 0.76% | -2.92% | -6.35% | -13.95% | -7.7% | -18.72% | -18.88% | 6.1% | -8.69% | -21.32% | -37.68% | -23.65% | -118.59% | -13.27% | -15.83% | -5.35% | 3.59% | 10.02% | 7.15% |
| Net Income Growth % | 48.54% | 110.61% | 83.97% | 66.9% | -280.81% | 33.16% | 17.39% | 43.38% | 131.47% | 90.62% | -88.25% | -134.11% | -333.56% | -2283.21% | -163.71% | -212.95% | -105.33% | -74.46% | 91.17% | 213.11% |
| Net Income (Continuing) | -1.5M | 160K | -581K | -1.24M | -2.91M | -1.51M | -3.63M | -3.76M | 1.61M | -2.26M | -4.39M | -6.64M | -5.12M | -24.06M | -2.33M | -2.83M | -1.18M | 1.1M | 3.66M | 2.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.39 | 0.04 | -0.17 | -0.37 | -0.88 | -0.46 | -1.10 | -1.20 | 0.47 | -0.69 | -1.40 | -2.10 | -1.60 | -7.50 | -0.74 | -0.91 | -0.38 | 0.40 | 1.20 | 0.80 |
| EPS Growth % | 55.68% | 109.57% | 84.55% | 69.17% | -287.23% | 33.62% | 21.43% | 42.86% | 129.38% | 90.76% | -88.17% | -130.77% | -322.16% | -1975% | -162% | -213.75% | -105.34% | -71.43% | 100% | 209.44% |
| EPS (Basic) | -0.39 | 0.05 | -0.17 | -0.37 | -0.88 | -0.46 | -1.10 | -1.15 | 0.50 | -0.69 | -1.40 | -2.10 | -1.60 | -7.50 | -0.74 | -0.91 | -0.38 | 0.40 | 1.20 | 0.80 |
| Diluted Shares Outstanding | 3.88M | 3.46M | 3.42M | 3.33M | 3.3M | 3.29M | 3.28M | 3.26M | 3.4M | 3.25M | 3.25M | 3.23M | 3.23M | 3.2M | 3.13M | 3.11M | 3.11M | 3.12M | 3.13M | 3.13M |
| Basic Shares Outstanding | 3.88M | 3.46M | 3.42M | 3.33M | 3.3M | 3.29M | 3.28M | 3.26M | 3.25M | 3.25M | 3.25M | 3.23M | 3.23M | 3.2M | 3.13M | 3.11M | 3.11M | 3.11M | 3.1M | 3.09M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |