Filing Flows › Orion Energy Systems (OESX) › Q1 FY27 › vs Q4 FY26
Orion Energy Systems (OESX) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Orion Energy Systems's revenue rose $20K (+0.1%) from $25.7M in Q4 FY26 to $25.7M in Q1 FY27. The biggest changes: Service +$1.9M (+19%); Product −$1.8M (-11%). Gross margin 34.6% against 37.0% (-2.3 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 34.6% | 37.0% | -2.3 pts |
| Operating margin | 8.2% | -3.0% | +11.2 pts |
| Net margin | 7.6% | -5.8% | +13.4 pts |
| Free cash flow margin | 5.2% | -5.9% | +11.1 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Product | $14.2M | $16.1M | −$1.8M | -11% |
| Service | $11.5M | $9.7M | $1.9M | +19% |
| Revenue | $25.7M | $25.7M | $20K | +0.1% |
| Gross profit | $8.9M | $9.5M | −$597K | -6% |
| Cost of revenue | $16.8M | $16.2M | $617K | +4% |
| Operating profit | $2.1M | −$773K | $2.9M | — |
| Operating expenses | $6.8M | $10.3M | −$3.5M | -34% |
| Pre-tax earnings | $2.0M | −$1.5M | $3.4M | — |
| Other expense, net | $147K | $706K | −$559K | -79% |
| Research & development | $268K | $269K | −$1K | -0.4% |
| Sales & marketing | $2.8M | $2.8M | $30K | +1% |
| General & admin | $3.7M | $7.2M | −$3.5M | -49% |
| Net earnings | $2.0M | −$1.5M | $3.5M | — |
| Income tax | $5K | $19K | −$14K | -74% |
| Depreciation & amortization | $233K | $1.2M | −$958K | -80% |
| Share-based compensation | $159K | $163K | −$4K | -2% |
| Working capital & other | $999K | $1.3M | −$343K | -26% |
| Operating cash flow | $1.4M | −$1.5M | $2.8M | — |
| Free cash flow (OCF − capex) | $1.3M | −$1.5M | $2.9M | — |
| Capital expenditures | $6K | $25K | −$19K | -76% |
Questions
How much did Orion Energy Systems's revenue grow quarter over quarter in Q1 FY27?
Orion Energy Systems's revenue rose $20K (+0.1%) from $25.7M in Q4 FY26 to $25.7M in Q1 FY27.
What drove Orion Energy Systems's revenue change in Q1 FY27?
Service +$1.9M (+19%); Product −$1.8M (-11%).