OESX · XBRL financial data

Orion Energy Systems financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (OESX's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026†Mar 31, 2026
Revenue	116,840	124,383	77,383	90,581	79,720	86,306
Cost of goods and services sold	86,716	90,471	59,872	69,670	59,484	58,213
Gross profit	30,124	33,912	17,511	20,911	20,236	28,093
Research and development	1,685	1,701	1,852	1,495	1,229	945
General and administrative	11,262	11,680	19,487	16,740	18,008	18,691
Total operating expenses	23,288	25,521	33,496	31,735	30,832	29,735
Operating income (loss)	6,836	8,391	(15,985)	(10,824)	(10,596)	(1,642)
Interest income	0	0	34	2	7	3
Income tax expense (benefit)	(19,616)	2,159	17,978	41	42	60
Net income (loss)	26,134	6,091	(34,341)	(11,671)	(11,801)	(3,163)
Earnings per share, basic USD per share	0.85	0.20	(1.08)	(0.36)	(0.36)	(0.89)
Earnings per share, diluted USD per share	0.83	0.19	(1.08)	(0.36)	(0.36)	(0.89)
Weighted average shares, basic thousands of shares	30,635	31,018	31,704	32,486	32,829	3,561
Weighted average shares, diluted thousands of shares	31,304	31,295	31,704	32,486	32,829	3,561

† Share count changed about 1/8 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (OESX's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026†Mar 31, 2026
Cash and cash equivalents	19,393	14,466	15,992	5,155	5,972	3,265
Accounts receivable	13,572	11,899	13,728	14,022	12,845	16,340
Inventory	19,554	19,832	18,205	18,246	11,392	10,304
Prepaid and other current assets	1,082	2,631	1,116	2,860	1,939	1,364
Total current assets	56,531	51,249	50,361	44,822	35,498	37,682
Property and equipment, net	11,369	11,466	10,470	9,593	8,026	6,114
Right-of-use asset	2,585	2,440	2,174	1,770	3,456	2,673
Goodwill	—	350	1,484	1,484	1,484	1,484
Total assets	92,821	86,817	71,579	63,169	52,463	51,605
Accounts payable	17,045	9,855	13,405	18,350	13,272	15,451
Accrued liabilities	13,226	8,427	10,552	9,440	12,728	10,728
Current portion of long-term debt	14	16	17	3	353	353
Total current liabilities	30,372	18,374	24,454	28,053	26,844	26,687
Long-term debt	35	19	10,003	10,000	9,971	5,619
Lease liability, non-current	2,642	2,271	1,826	1,121	2,829	2,115
Total liabilities	34,747	21,717	38,330	40,627	40,579	34,977
Accumulated deficit	(63,171)	(57,080)	(91,421)	(103,092)	(114,893)	(118,056)
Total stockholders' equity	58,074	65,100	33,249	22,542	11,884	16,628
Total liabilities and equity	92,821	86,817	71,579	63,169	52,463	51,605
Common shares outstanding (cover page) thousands of shares	30,806	31,099	32,295	32,568	33,306	4,057

† Share count changed about 1/8 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (OESX's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022Mar 31, 2022	FY 2023Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026†Mar 31, 2026
Net income (loss)	26,134	6,091	(34,341)	(11,671)	(11,801)	(3,163)
Stock-based compensation	753	813	1,612	950	1,157	483
Depreciation and amortization	1,480	1,616	2,095	2,590	2,618	1,784
Net cash from operating activities	1,729	(113)	(2,291)	(10,092)	599	(1,079)
Purchases of property and equipment	902	518	586	837	99	83
Net cash from investing activities	(946)	(4,918)	(6,195)	(731)	128	(86)
Proceeds from issuing common stock	0	0	800	0	0	1,000
Proceeds from long-term debt	—	—	0	0	3,525	0
Net cash from financing activities	(10,141)	104	10,012	(14)	90	(1,542)
Net change in cash	(9,358)	(4,927)	1,526	(10,837)	817	(2,707)

† Share count changed about 1/8 in the period ending 2026-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3640 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3640 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3640) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Orion Energy Systems	3,736	21,691	(3,385)*	4.1M	3.6 quarters	Q2 FY26 10-QSep 30, 2026
Capstone Companies	195	not reported	(62)*	48.8M	3.1 quarters	Q2 FY26 10-QJun 30, 2026
Energy Focusadded: same SIC	1,096	3,749	(819)	6.4M	1.3 quarters	Q2 FY26 10-QJun 30, 2026
SKYX Platformsadded: same SIC	25,661	25,271	(3,672)*	135.4M	7.0 quarters	Q2 FY26 10-QJun 30, 2026
Lsi Industriesadded: same SIC	12,805	225,855	15,231	37.3M	—	Q1 FY27 10-QSep 30, 2026
Acuity Inc. (de)added: same SIC	636,300	1,244,400*	305,400*	29.7M	—	Q4 FY26 10-KAug 31, 2026
Applied UVadded: same SIC	1,131	7,774*	(374)*	4.3M	3.0 quarters	Q4 FY23 10-KDec 31, 2023
CCSC Technology International Holdingsadded: same SIC	4,094	year only	year only	not reported	—	Q4 FY26 20-FMar 31, 2026
PicoCELAadded: same SIC	534,889	year only	year only	1.2M	—	Q4 FY25 20-FSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 8, 2026, 6:45 AM ET. The filing on SEC.gov is the record.