📊 OESX Key Takeaways
Is Orion Energy Systems, Inc.. (OESX) a Good Investment?
Orion Energy Systems faces significant fundamental challenges with persistent operating losses (-$1.6M), negative free cash flow (-$1.2M), and near-zero revenue growth (+1.0% YoY), indicating the company is destroying shareholder value and burning cash. While reasonable gross margins (32.6%) and low leverage (0.36x debt/equity) provide some stability, the company cannot cover interest expense from operations and shows no evidence of operational improvement despite modest EPS recovery.
Revenue is essentially flat while profitability remains negative, with weak operating leverage and a -14% ROE indicating ongoing value erosion. Liquidity is tight (quick ratio <1) and interest coverage is negative, heightening refinancing and execution risk despite moderate leverage and some cash on hand. Modest gross margins and slightly positive free cash flow are positives, but not yet enough to offset core earnings weakness.
Orion Energy Systems, Inc.. Key Strengths (OESX)
- Reasonable gross margin of 32.6% indicates underlying product profitability
- Conservative capital structure with debt/equity ratio of 0.36x limits financial distress risk
- Positive working capital and adequate current ratio of 1.41x maintains near-term liquidity
- Solid gross margin near 31%
- Positive operating and free cash flow (albeit small)
- Moderate leverage with cash cushion
OESX Stock Risks: Orion Energy Systems, Inc.. Investment Risks
- Negative operating income (-$1.6M) and negative net income (-$3.2M) indicate core business is unprofitable
- Negative operating cash flow (-$1.1M) and free cash flow (-$1.2M) show cash burn with unsustainable trajectory
- Interest coverage ratio of -12.1x means company cannot service debt from operations, creating refinancing risk
- Stagnant revenue growth of +1.0% YoY with deteriorating margins suggests market share loss or pricing pressure
- Low cash balance ($3.3M) relative to debt burden provides limited runway for operational turnaround
- Persistent operating and net losses with negative ROE
- Tight liquidity and negative interest coverage
- Minimal top-line growth limiting operating leverage
Key Metrics to Watch
- Operating cash flow trend - must turn positive to validate business viability
- Revenue growth acceleration - need >5% YoY to support fixed cost base
- Gross margin sustainability - declining margins would signal competitive/structural deterioration
- Operating margin path to profitability - when does the company return to operating income positive
- Operating margin
- Interest coverage
Orion Energy Systems, Inc.. (OESX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Orion Energy Systems, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
OESX Profit Margin, ROE & Profitability Analysis
OESX vs Utilities Sector: How Orion Energy Systems, Inc.. Compares
How Orion Energy Systems, Inc.. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Orion Energy Systems, Inc.. Stock Overvalued? OESX Valuation Analysis 2026
Based on fundamental analysis, Orion Energy Systems, Inc.. has mixed fundamental signals relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Orion Energy Systems, Inc.. Balance Sheet: OESX Debt, Cash & Liquidity
OESX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Orion Energy Systems, Inc..'s revenue has declined by 39% over the 5-year period, indicating business contraction. The most recent EPS of $-3.59 indicates the company is currently unprofitable.
OESX Revenue Growth, EPS Growth & YoY Performance
OESX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $19.4M | $160.0K | $0.04 |
| Q2 2025 | $19.1M | -$581.0K | $-0.17 |
| Q1 2025 | $19.4M | -$1.2M | $-0.04 |
| Q3 2024 | $19.4M | -$1.5M | $-0.05 |
| Q2 2024 | $19.1M | -$3.6M | $-0.11 |
| Q1 2024 | $17.6M | -$3.8M | $-0.12 |
| Q3 2023 | $19.4M | -$2.3M | $-0.07 |
| Q2 2023 | $17.5M | -$2.3M | $-0.07 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Orion Energy Systems, Inc.. Dividends, Buybacks & Capital Allocation
OESX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Orion Energy Systems, Inc.. (CIK: 0001409375)
📋 Recent SEC Filings
❓ Frequently Asked Questions about OESX
What is the AI rating for OESX?
Orion Energy Systems, Inc.. (OESX) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are OESX's key strengths?
Claude: Reasonable gross margin of 32.6% indicates underlying product profitability. Conservative capital structure with debt/equity ratio of 0.36x limits financial distress risk. ChatGPT: Solid gross margin near 31%. Positive operating and free cash flow (albeit small).
What are the risks of investing in OESX?
Claude: Negative operating income (-$1.6M) and negative net income (-$3.2M) indicate core business is unprofitable. Negative operating cash flow (-$1.1M) and free cash flow (-$1.2M) show cash burn with unsustainable trajectory. ChatGPT: Persistent operating and net losses with negative ROE. Tight liquidity and negative interest coverage.
What is OESX's revenue and growth?
Orion Energy Systems, Inc.. reported revenue of $86.3M.
Does OESX pay dividends?
Orion Energy Systems, Inc.. does not currently pay dividends.
Where can I find OESX SEC filings?
Official SEC filings for Orion Energy Systems, Inc.. (CIK: 0001409375) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is OESX's EPS?
Orion Energy Systems, Inc.. has a diluted EPS of $-0.89.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is OESX's fundamental grade?
Based on our AI fundamental analysis in June 2026, Orion Energy Systems, Inc.. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is OESX stock overvalued or undervalued?
Valuation metrics for OESX: ROE of -19.0% (sector avg: 10%), net margin of -3.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is OESX's AI grade for 2026?
Our dual AI analysis gives Orion Energy Systems, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is OESX's free cash flow?
Orion Energy Systems, Inc..'s operating cash flow is $-1.1M, with capital expenditures of $83.0K. FCF margin is -1.3%.
How does OESX compare to other Utilities stocks?
Vs Utilities sector averages: Net margin -3.7% (avg: 12%), ROE -19.0% (avg: 10%), current ratio 1.41 (avg: 0.8).