​

Orion Energy Systems (OESX) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Orion Energy Systems Revenue Highlights

Latest Revenue (Y)

$90.58M

Latest Revenue (Q)

$19.58M

Main Segment (Y)

Product

Main Geography (Y)

Outside the United States

Orion Energy Systems Revenue by Period

Orion Energy Systems Revenue by Year

DateRevenueChange
2024-03-31$90.58M17.06%
2023-03-31$77.38M-37.79%
2022-03-31$124.38M6.46%
2021-03-31$116.84M-22.54%
2020-03-31$150.84M129.40%
2019-03-31$65.75M9.04%
2018-03-31$60.30M-14.12%
2017-03-31$70.21M3.80%
2016-03-31$67.64M-6.32%
2015-03-31$72.21M-18.52%
2014-03-31$88.62M2.95%
2013-03-31$86.09M-14.40%
2012-03-31$100.56M12.10%
2011-03-31$89.70M37.13%
2010-03-31$65.42M-9.93%
2009-03-31$72.63M-9.98%
2008-03-31$80.69M67.46%
2007-03-31$48.18M44.78%
2006-03-31$33.28M52.78%
2005-03-31$21.78M75.34%
2004-03-31$12.42M37.76%
2003-03-31$9.02M-

Orion Energy Systems generated $90.58M in revenue during NA 2023, up 17.06% compared to the previous quarter, and up 137.76% compared to the same period a year ago.

Orion Energy Systems Revenue by Quarter

DateRevenueChange
2024-12-31$19.58M1.15%
2024-09-30$19.36M-2.74%
2024-06-30$19.91M-24.63%
2024-03-31$26.41M1.69%
2023-12-31$25.97M26.16%
2023-09-30$20.59M16.88%
2023-06-30$17.61M-18.57%
2023-03-31$21.63M6.61%
2022-12-31$20.29M15.54%
2022-09-30$17.56M-1.93%
2022-06-30$17.91M-18.82%
2022-03-31$22.06M-28.18%
2021-12-31$30.71M-15.88%
2021-09-30$36.51M4.01%
2021-06-30$35.10M-1.12%
2021-03-31$35.50M-19.78%
2020-12-31$44.25M68.38%
2020-09-30$26.28M143.09%
2020-06-30$10.81M-58.25%
2020-03-31$25.89M-24.40%
2019-12-31$34.25M-29.12%
2019-09-30$48.32M14.03%
2019-06-30$42.38M88.83%
2019-03-31$22.44M37.76%
2018-12-31$16.29M23.44%
2018-09-30$13.20M-4.51%
2018-06-30$13.82M-8.20%
2018-03-31$15.06M-12.78%
2017-12-31$17.26M11.94%
2017-09-30$15.42M22.81%
2017-06-30$12.56M-17.87%
2017-03-31$15.29M-25.84%
2016-12-31$20.62M10.43%
2016-09-30$18.67M19.42%
2016-06-30$15.63M-15.84%
2016-03-31$18.58M-28.93%
2014-12-31$26.14M95.16%
2014-09-30$13.39M0.60%
2014-06-30$13.31M5.79%
2014-03-31$12.58M-54.56%
2013-12-31$27.69M0.72%
2013-09-30$27.50M31.86%
2013-06-30$20.85M-6.41%
2013-03-31$22.28M-23.40%
2012-12-31$29.09M49.87%
2012-09-30$19.41M26.77%
2012-06-30$15.31M-28.66%
2012-03-31$21.46M-21.70%
2011-12-31$27.41M42.29%
2011-09-30$19.26M-15.43%
2011-06-30$22.77M-33.77%
2011-03-31$34.38M15.88%
2010-12-31$29.67M116.34%
2010-09-30$13.71M-6.62%
2010-06-30$14.69M-22.19%
2010-03-31$18.88M-2.17%
2009-12-31$19.30M31.99%
2009-09-30$14.62M15.77%
2009-06-30$12.63M-17.96%
2009-03-31$15.39M-31.20%
2008-12-31$22.38M19.27%
2008-09-30$18.76M16.48%
2008-06-30$16.11M-27.61%
2008-03-31$22.25M-

Orion Energy Systems generated $19.58M in revenue during Q3 2024, up 1.15% compared to the previous quarter, and up 95.13% compared to the same period a year ago.

Orion Energy Systems Revenue Breakdown

Orion Energy Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 25Mar 24Mar 23Mar 22Mar 21
Service$25.35M$27.27M---
Product$54.37M$63.31M---
Product Light Fixture Sales Type Lease--$2.80M$1.20M$2.80M
Product Sale Of Tax Credit--$100.00K$200.00K$100.00K
Product Legacy Solar Facilities--$100.00K$100.00K$100.00K

Orion Energy Systems's latest annual revenue breakdown by segment (product or service), as of Mar 25: Product (68.20%), and Service (31.80%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Service$5.94M$5.28M$6.99M$14.37M$8.96M$3.94M$676.00K$4.73M$4.42M$8.43M----------
Product$14.93M$14.31M$12.37M$32.63M$17.01M$13.67M$15.40M$12.83M$13.48M$13.63M$22.20M$27.81M$28.25M-------
Product Light Fixture Sales Type Lease-------------$700.00K$700.00K$900.00K$800.00K$200.00K$200.00K$600.00K
Product Sale Of Tax Credit---------------$100.00K$100.00K-$100.00K$64.00K
Product Legacy Solar Facilities--------------$19.00K$19.00K$19.00K-$19.00K$19.00K

Orion Energy Systems's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Product (71.52%), and Service (28.48%).

Orion Energy Systems Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 23Mar 22Mar 21Mar 20Mar 19
Outside the United States$200.00K----
Product Legacy Solar Facilities-$100.00K$100.00K$100.00K$100.00K
Product Light Fixture Sales Type Lease-$1.20M$2.80M$1.40M$3.40M
Product Sale Of Tax Credit-$200.00K$100.00K$200.00K$200.00K
Product----$52.60M
Service----$9.49M

Orion Energy Systems's latest annual revenue breakdown by geography, as of Mar 23: Outside the United States (100.00%).

Orion Energy Systems Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
XPONExpion360$5.62B$2.05M
LYTSLSI Industries$469.64M$132.48M
OESXOrion Energy Systems$90.58M$19.58M
SANWS&W Seed$60.44M$9.55M
REKRRekor Systems$46.03M$13.28M
NEOVNeoVolta$2.65M$1.07M
REFRResearch Frontiers$1.34M$178.15K

OESX Revenue FAQ

What is Orion Energy Systems’s yearly revenue?

Orion Energy Systems's yearly revenue for 2023 was $90.58M, representing an increase of 17.06% compared to 2022. The company's yearly revenue for 2022 was $77.38M, representing a decrease of -37.79% compared to 2021. OESX's yearly revenue for 2021 was $124.38M, representing an increase of 6.46% compared to 2020.

What is Orion Energy Systems’s quarterly revenue?

Orion Energy Systems's quarterly revenue for Q3 2024 was $19.58M, a 1.15% increase from the previous quarter (Q2 2024), and a -24.59% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $19.36M, a -2.74% decrease from the previous quarter (Q1 2024), and a -5.95% decrease year-over-year (Q2 2023). OESX's quarterly revenue for Q1 2024 was $19.91M, a -24.63% decrease from the previous quarter (Q4 2023), and a 13.02% increase year-over-year (Q1 2023).

What is Orion Energy Systems’s revenue growth rate?

Orion Energy Systems's revenue growth rate for the last 3 years (2021-2023) was -27.18%, and for the last 5 years (2019-2023) was -39.95%.

What are Orion Energy Systems’s revenue streams?

Orion Energy Systems's revenue streams in r 25 are Service, and Product. Service generated $25.35M in revenue, accounting 31.80% of the company's total revenue, down -7.05% year-over-year. Product generated $54.37M in revenue, accounting 68.20% of the company's total revenue, down -14.12% year-over-year.

What is Orion Energy Systems’s main source of revenue?

For the fiscal year ending Mar 25, the largest source of revenue of Orion Energy Systems was Product. This segment made a revenue of $54.37M, representing 68.20% of the company's total revenue.