OESX Orion Energy Systems, Inc.
Price Chart
Executive Summary
OESX reported Q4 FY2026 revenue of $25.7M (+23% YoY), well above the $23.9M consensus, but EPS of $0.04 missed the $0.26 estimate by -84.6%. The company achieved its sixth consecutive quarter of positive adjusted EBITDA and guided FY2027 revenue to $95M-$97M (12% growth) with positive adjusted EBITDA. The large EPS miss on a small absolute base at a sub-$40M market-cap company tempers the otherwise strong top-line and margin improvement story.
Key Financial Metrics
Actionable Insight
The large EPS miss on $0.04 actual vs $0.26 consensus (-85%) will dominate short-term price action given the stock's $37M market cap, despite a clear revenue beat and positive adjusted EBITDA streak. Traders should watch the FY2027 guidance execution, as the company needs to convert top-line growth into GAAP profitability for a sustained re-rating. The $30M backlog (+76% YoY) supports guidance, but the EPS miss creates near-term selling pressure.
Key Facts
- Q4 FY2026 revenue $25.7M vs consensus $23.9M (+7.5% beat); up 23% YoY from $20.9M
- Q4 FY2026 EPS $0.04 vs consensus $0.26 (-84.6% miss); GAAP net loss per share was -$0.39
- Q4 gross margin expanded 950bps YoY to 37.0% (27.5% in Q4'25)
- Q4 adjusted EBITDA positive for 6th consecutive quarter at $0.8M vs $0.2M in Q4'25
- FY2026 revenue $86.3M (+8% YoY); FY'26 GAAP net loss improved to -$3.2M from -$11.8M
- FY2027 guidance: revenue $95M-$97M (12% growth) with positive adjusted EBITDA reiterated
- Backlog at start of FY'27 was $30M, up $13M YoY
- Completed $6.4M public offering to bolster balance sheet; extended credit facility to June 2030
Financial Impact
Revenue beat vs consensus by $1.8M; EPS missed by $0.22 on a very small base. Full-year net loss improved $8.6M YoY.
Risk Factors
- GAAP net loss continued at -$1.5M in Q4 despite revenue growth; full-year GAAP loss -$3.2M
- EV charging revenue dropped 61% YoY in Q4 ($2.3M vs $5.8M), indicating project timing risk
- EPS consensus miss of -85% may trigger negative momentum given 2025-2026 history of negative T+20 performance
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3306632 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
8d ago
|
8-K
| $9.16 $9.52 | ▲ +3.93% | ▲ +6.53% | $9.35 (+2.07%) |
|
Jun 4, 2026
8d ago
|
Press Release
| $9.16 $9.52 | ▲ +3.93% | ▲ +6.53% | $9.35 (+2.07%) |
|
May 19, 2026
24d ago
|
8-K
| $8.78 $8.87 | ▲ +1.03% | ▼ −0.01% | $9.35 (+6.49%) |
|
May 19, 2026
24d ago
|
Press Release
| $8.78 $8.87 | ▼ −1.03% | ▲ +0.01% | $9.35 (−6.49%) |
|
Apr 16, 2026
8w ago
|
8-K
| $9.55 $9.38 | ▼ −1.78% | ▼ −1.59% | $9.35 (−2.09%) |
|
Apr 15, 2026
8w ago
|
Press Release
| $10.01 $9.59 | ▼ −4.20% | ▼ −4.45% | $9.35 (−6.59%) |
|
Mar 24, 2026
11w ago
|
Press Release
| $10.04 $9.90 | ▼ −1.39% | ▼ −1.96% | $9.35 (−6.87%) |
|
Mar 17, 2026
12w ago
|
EFFECT
| $9.77 $9.67 | ▼ −1.02% | ▲ +0.37% | $9.35 (−4.30%) |
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Mar 6, 2026
14w ago
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S-3
| $10.20 $10.33 | ▲ +1.27% | ▲ +1.46% | $9.35 (−8.33%) |
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Mar 3, 2026
14w ago
|
Press Release
| $10.82 $11.38 | ▲ +5.18% | ▲ +4.41% | $9.35 (−13.59%) |
US Market Status
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