Electrical Equipment & Parts / Clean Energy Solutions
Strategic Profile
The company operates through three segments: Lighting, Maintenance, and Electric Vehicle (EV). Orion has completed more than 25,000 projects, primarily focused on commercial and industrial retrofit applications across both interior and exterior environments. The company operates a 266,000-square-foot manufacturing facility in Manitowoc, Wisconsin, supporting Buy American Act (BAA) and Build America, Buy America (BABA) compliance requirements.
Cyborg Score Rationale
Orion reported improvement in gross margin and profitability in Q2 2026, reiterating FY 2026 outlook. However, in 2024, revenue was $79.72 million (a decline of 11.99% from 2023), with losses of $11.80 million. The company is navigating revenue headwinds but showing operational improvements.
Top Insights
Orion announced a rollout of battery energy storage systems (BESS) at initial three sites in California, with expansion to more than 10 sites within the broader project and approximately 10 sites potentially completed over the next nine months.
Orion has more than 7,300 charging ports under management and is a preferred contractor for ABB, ChargePoint, and In-Charge Energy.
Orion has removed $6.5 million in costs over the past year and held gross margin near the 30% level.
The company is guiding within the mid-nineties for fiscal 2027 revenue.
Named Competitors
LED Lighting & Energy Management — Large diversified industrial lighting and energy solutions
EV Charging Infrastructure — Major EV charging station providers (Orion is reseller/partner)
Commercial Lighting Services — Industrial lighting and controls providers
Recent Developments
(March 2026) CEO Sally Washlow presented EV charging, battery storage, and $45M maintenance renewal contracts at conference
(February 2026) Company expanded BESS (battery energy storage systems) pilot program in California with 10+ projected sites
(November 2025) Q2 FY2026 earnings showed improvement in gross margin and profitability with positive FY2026 outlook reiterated
Open the full interactive Orion Energy Systems, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.