Orion Energy Systems (OESX) Cost of Revenue (2010 - 2025)

Orion Energy Systems' (OESX) quarterly Cost of Revenue came in at $2.5 million in Q4 2025, down 12.59% year-on-year from $2.9 million in Q4 2024, and up 5.18% quarter-over-quarter from $2.4 million in Q3 2025.

Orion Energy Systems (OESX) Cost of Revenue (2010 - 2025) Analysis & Trends

Orion Energy Systems has disclosed Cost of Revenue across 16 years of filings, most recently posting $2.5 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $2.5 million, down 12.59% year-over-year; the trailing twelve-month figure through Dec 2025 was $22.4 million (up 242.28% YoY), and the FY2025 annual result was $59.5 million, up 357.99% from the prior year.
  • Cost of Revenue came in at $2.5 million for Q4 2025 at Orion Energy Systems, up from $2.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $51.4 million in Q1 2023 to a low of -$50.1 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $2.9 million (2022), against an average of $5.4 million.
  • Across the five-year window, Cost of Revenue slumped 1919.1% in 2021 and soared 1711.96% in 2023, its largest moves.
  • Orion Energy Systems' Cost of Revenue stood at $23.1 million in 2021, then plunged by 87.07% to $3.0 million in 2022, then surged by 557.19% to $19.6 million in 2023, then plunged by 85.42% to $2.9 million in 2024, then slipped by 12.59% to $2.5 million in 2025.
  • The last three Cost of Revenue figures came in at $2.5 million (Q4 2025), $2.4 million (Q3 2025), and $2.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 525.51 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 796.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.01 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 310.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 208.68 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.04 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 535.30 Mn
10 Orion Energy Systems 32.05 Mn 27.33 Mn 6.51 Mn 2.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.50 Mn
Dec 31, 2025 2.50 Mn
Sep 30, 2025 2.38 Mn
Sep 30, 2025 2.38 Mn
Jun 30, 2025 2.42 Mn
Jun 30, 2025 2.42 Mn
Mar 31, 2025 15.13 Mn
Mar 31, 2025 15.13 Mn
Dec 31, 2024 2.86 Mn
Dec 31, 2024 2.86 Mn
Sep 30, 2024 2.85 Mn
Sep 30, 2024 2.85 Mn
Jun 30, 2024 15.61 Mn
Jun 30, 2024 15.61 Mn
Mar 31, 2024 -37.08 Mn
Mar 31, 2024 -37.08 Mn
Dec 31, 2023 19.60 Mn
Dec 31, 2023 19.60 Mn
Sep 30, 2023 3.31 Mn
Sep 30, 2023 3.31 Mn