Orion Energy Systems (OESX) Operating Expenses (2010 - 2025)

Orion Energy Systems has disclosed Operating Expenses across 16 years of filings, most recently posting $6.1 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $6.1 million, down 12.59% year-over-year; the trailing twelve-month figure through Dec 2025 was $27.8 million (up 1.28% YoY), and the FY2025 annual result was $30.8 million, down 2.85% from the prior year.
• Operating Expenses came in at $6.1 million for Q4 2025 at Orion Energy Systems, down from $6.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $9.6 million in Q1 2023 to a low of $5.0 million in Q1 2024.
• The 5-year median for Operating Expenses is $7.1 million (2022), against an average of $7.4 million.
• Across the five-year window, Operating Expenses slumped 47.79% in 2024 and surged 67.53% in 2025, its largest moves.
• Orion Energy Systems' Operating Expenses stood at $6.3 million in 2021, then surged by 48.5% to $9.4 million in 2022, then decreased by 10.03% to $8.4 million in 2023, then fell by 16.92% to $7.0 million in 2024, then declined by 12.59% to $6.1 million in 2025.
• The last three Operating Expenses figures came in at $6.1 million (Q4 2025), $6.4 million (Q3 2025), and $6.9 million (Q2 2025), per Business Quant data.