Orion Energy Systems (OESX) Gross Margin (2010 - 2026)
Orion Energy Systems (OESX) posted Gross Margin of 30.85% for Q4 2025, down 0.5% sequentially from 31.01% in Q3 2025, and up 122.0% YoY from 13.9% in Q4 2024.
Orion Energy Systems (OESX) Gross Margin (2010 - 2026) Analysis & Trends
Orion Energy Systems has reported Gross Margin for 16 years, with the latest figure at 30.85% in Q4 2025.
- Quarterly Gross Margin rose 122.0% year-over-year to 30.85% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 29.7% (up 456.0% YoY) and the FY2025 annual result came in at 25.38%, up 230.0% from the prior year.
- Gross Margin retreated to 30.85% in Q4 2025 per OESX's latest filing, from 31.01% in the prior quarter.
- Over five years, Gross Margin peaked at 31.01% in Q3 2025 and troughed at 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.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 930 bps in 2022, then jumped 853 bps in 2025.
- Over 5 years, Gross Margin stood at 24.88% in 2021, then fell by 5 bps to 23.57% in 2022, then gained by 4 bps to 24.53% in 2023, then climbed by 21 bps to 29.64% in 2024, then rose by 4 bps to 30.85% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 30.85%, 31.01%, and 30.15% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.95 Bn | 96.84 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 56.50 Bn | 53.83 Bn | 355.57 Mn | 33.38% |
| 3 | Hubbell | 24.95 Bn | 24.55 Bn | 613.00 Mn | 35.81% |
| 4 | nVent Electric | 24.76 Bn | 24.50 Bn | 558.00 Mn | 37.93% |
| 5 | Advanced Energy Industries | 11.15 Bn | 9.73 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.24 Bn | 6.61 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 33.49% |
| 9 | Plug Power | 3.21 Bn | 2.89 Bn | -1.68 Mn | -0.94% |
| 10 | Orion Energy Systems | 77.99 Mn | 72.82 Mn | 8.91 Mn | 34.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.62% |
| Mar 31, 2026 | 36.96% |
| 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% |