Orion Q2 EBITDA misses estimates

Orion Energy Systems

05/11/2025 12:20

Overview

Orion fiscal Q2 2026 revenue rises to $19.9 mln, up from $19.4 mln in Q2 2025

Gross profit margin improves to 31% from 23.1% in Q2 2025

Adjusted EBITDA of $0.5 mln misses analyst expectations

Outlook

Orion expects FY 2026 revenue growth of 5% to $84 mln

Company anticipates positive adjusted EBITDA for FY 2026

Orion sees flat to slightly lower EV charging revenue in FY 2026

Result Drivers

MAINTENANCE GROWTH - Significant growth in maintenance services revenue due to new customer contracts and expanded relationships

GROSS MARGIN IMPROVEMENT - Gross profit margin increased due to product and project mix and cost improvements across all segments

NEW CONTRACTS - New contracts in LED lighting and EV charging sectors expected to drive future revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.17
Q2 Net Income
-$600,000
Q2 Adjusted EBITDA
Miss
$500,000
$800,000 (1 Analyst)
Q2 Gross Profit
$6.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Orion Energy Systems Inc is $15.00, about 39.9% above its November 4 closing price of $9.02

Press Release: ID:nGNX6Sv0K1

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)