Q1 2027 Orion Energy Systems Inc Earnings Call Transcript

Aug 5, 2026 / 02:00 PM GMT

Release Date Price: $16.06 (+54.42%)

Transcript 10-Q8-K

Key Points

Positve

Orion Energy Systems Inc (OESX) reported a 32% year-over-year revenue increase to $25.7 million in Q1 fiscal 2027, marking an excellent start to the year.
The company achieved its seventh consecutive quarter of positive adjusted EBITDA, with Q1 adjusted EBITDA of $2.5 million, up significantly from $200,000 in the prior year.
Gross margin improved substantially to 34.6% in Q1, up from 30.1% year-over-year, driven by strong performance in the LED lighting segment (37.8% margin).
Orion Energy Systems Inc (OESX) has made an initial entry into the hyperscale data center market, with a multi-million dollar engagement and a product designed for easy integration, representing a significant growth opportunity.
The company maintains a strong fiscal 2027 outlook, expecting revenue of $95-97 million and positive adjusted EBITDA, supported by a robust backlog of approximately $24 million.
Orion Energy Systems Inc (OESX) continues to see strength in automotive, retail, and public sector engagements, including EV charging infrastructure projects, and has appointed an industry leader to head EV charging sales.

Negative

The EV charging segment experienced a decline in gross margin to 26.9% in Q1, down from 33.8% in the prior year, reflecting sector-wide uncertainty in the US market.
The company noted that Q1 gross margin included a benefit of approximately 130 basis points from tariff changes and refunds, which may not be sustainable in future quarters.
Revenue from the maintenance segment was essentially flat at $4.1 million compared to $4.0 million year-over-year, showing limited growth in this area.
The data center opportunity is still in early innings, with most revenue expected to materialize in the next fiscal year, meaning near-term contributions will be limited.
Orion Energy Systems Inc (OESX) faces potential risks to its EBITDA guidance if gross margins decline or unexpected operating expenses arise, as the company acknowledged in the Q&A session.
The company's growth is dependent on project timing, which can cause significant quarter-to-quarter variability, and management noted they are not expecting the typical revenue ramp seen in previous years.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

OESX.OQ - Orion Energy Systems Inc
Q1 2027 Orion Energy Systems Inc Earnings Call
Aug 05, 2026 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everyone and welcome to Orion Energy Systems fiscal 2027 1st quarter conference call.

At this time, all participants are in a listen-only mode.

In this call, Sally Washall, Orion's CEO and Parotein, its CFO will review the company's 1st quarter results as well as its fiscal 2027 outlook questions, today's call is being recorded.

A replay will be posted in the investor section of the company's website, Oenlighting.com.

I turn the call over to Per Brodine, Orion's CFO.

Thank you, Steven.

First, as a reminder, prepared remarks and answers to questions include statements that are forward-looking under the private securities litigation formatt of 1,995.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.