Filing Flows › Orion Energy Systems (OESX) › Q1 FY27 › vs Q1 FY26
Orion Energy Systems (OESX) Q1 FY27 vs Q1 FY26 (year over year)
Orion Energy Systems's revenue rose $6.2M (+32%) from $19.6M in Q1 FY26 to $25.7M in Q1 FY27. The biggest changes: Service +$5.5M (+90%); Product +$707K (+5%). Gross margin 34.6% against 30.1% (+4.5 pts).
Orion Energy Systems, Q1 FY27: revenue $25.7M (+32% year over year), operating margin 8.2%, net earnings $2.0M, operating cash flow $1.4M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 34.6% | 30.1% | +4.5 pts |
| Operating margin | 8.2% | -5.2% | +13.4 pts |
| Net margin | 7.6% | -6.4% | +14.0 pts |
| Free cash flow margin | 5.2% | -2.9% | +8.1 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Product | $14.2M | $13.5M | $707K | +5% |
| Service | $11.5M | $6.1M | $5.5M | +90% |
| Revenue | $25.7M | $19.6M | $6.2M | +32% |
| Gross profit | $8.9M | $5.9M | $3.0M | +51% |
| Cost of revenue | $16.8M | $13.7M | $3.2M | +23% |
| Operating profit | $2.1M | −$1.0M | $3.1M | — |
| Operating expenses | $6.8M | $6.9M | −$114K | -2% |
| Pre-tax earnings | $2.0M | −$1.3M | $3.2M | — |
| Other expense, net | $147K | $244K | −$97K | -40% |
| Research & development | $268K | $208K | $60K | +29% |
| Sales & marketing | $2.8M | $2.4M | $422K | +17% |
| General & admin | $3.7M | $4.3M | −$596K | -14% |
| Net earnings | $2.0M | −$1.2M | $3.2M | — |
| Income tax | $5K | −$13K | $18K | — |
| Depreciation & amortization | $233K | $484K | −$251K | -52% |
| Share-based compensation | $159K | $166K | −$7K | -4% |
| Working capital & other | $999K | −$79K | $1.1M | — |
| Operating cash flow | $1.4M | −$515K | $1.9M | — |
| Free cash flow (OCF − capex) | $1.3M | −$570K | $1.9M | — |
| Capital expenditures | $6K | $55K | −$49K | -89% |
Questions
How much did Orion Energy Systems's revenue grow year over year in Q1 FY27?
Orion Energy Systems's revenue rose $6.2M (+32%) from $19.6M in Q1 FY26 to $25.7M in Q1 FY27.
What drove Orion Energy Systems's revenue change in Q1 FY27?
Service +$5.5M (+90%); Product +$707K (+5%).