Orion Energy Systems (OESX) Gross Margin (2010 - 2025)
Orion Energy Systems (OESX) reported Gross Margin of 30.85% for Q4 2025, up 122.0% on a YoY basis from 13.9% in Q4 2024, and down 0.5% sequentially from 31.01% in Q3 2025.
Orion Energy Systems (OESX) Gross Margin (2010 - 2025) Analysis & Trends
Orion Energy Systems (OESX) has 16 years of Gross Margin data on file, last reported at 30.85% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 122.0% year-over-year to 30.85%; the trailing twelve-month figure through Dec 2025 stood at 29.7% (up 456.0% YoY), and the FY2025 full-year result was 25.38%, up 230.0% from the prior year.
- Gross Margin retreated to 30.85% in Q4 2025, from 31.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 31.01% in Q3 2025 to a low of 18.0% in Q2 2023.
- A 5-year average of 25.4% and a median of 25.07% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 930 bps in 2022 and surged 853 bps in 2025, its largest moves.
- Tracing OESX's Gross Margin over 5 years: stood at 24.88% in 2021, then slipped by 5 bps to 23.57% in 2022, then grew by 4 bps to 24.53% in 2023, then rose by 21 bps to 29.64% in 2024, then climbed by 4 bps to 30.85% in 2025.
- Business Quant data shows OESX's Gross Margin at 30.85% in Q4 2025, 31.01% in Q3 2025, and 30.15% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | Orion Energy Systems | 37.04 Mn | 32.32 Mn | 6.51 Mn | 30.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 30.85% |
| Sep 30, 2025 | 31.01% |
| Jun 30, 2025 | 30.15% |
| Mar 31, 2025 | 26.93% |
| Dec 31, 2024 | 29.64% |
| Sep 30, 2024 | 23.39% |
| Jun 30, 2024 | 21.62% |
| Mar 31, 2024 | 25.76% |
| Dec 31, 2023 | 24.53% |
| Sep 30, 2023 | 22.19% |
| Jun 30, 2023 | 18.00% |
| Mar 31, 2023 | 21.92% |
| Dec 31, 2022 | 23.57% |
| Sep 30, 2022 | 25.26% |
| Jun 30, 2022 | 19.85% |
| Mar 31, 2022 | 23.81% |
| Dec 31, 2021 | 24.88% |
| Sep 30, 2021 | 29.55% |
| Jun 30, 2021 | 29.14% |
| Mar 31, 2021 | 25.97% |