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| Date | Value |
|---|---|
| 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 |