Lighting was Orion Energy Systems’s largest segment in fiscal 2026, bringing in $41.17M of $82.06M (50%).
| Segment | FY 2011 | FY 2014 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Orion Services Group | — | — | — | — | ||||||||
| Services Group | — | — | — | — | ||||||||
| Energy Management | — | — | — | — | ||||||||
| Lighting | $49.47M | $50.32M | $40.05M | $41.17M | ||||||||
| Engineered Systems | — | — | — | — | ||||||||
| Orion Distribution Services | — | — | — | — | ||||||||
| Distribution Services | — | — | — | — | ||||||||
| Ev | $10.75M | $20.63M | $8.42M | $22.95M | ||||||||
| Orion U.S. Markets | — | — | — | — | ||||||||
| U.S. Markets | — | — | — | — | ||||||||
| Maintenance Services | $3.27M | $4.69M | $15.19M | $16.04M | ||||||||
| Outside The United States In Germany | $200.00K | — | $1.80M | $1.50M | ||||||||
| Orion Reportable Segments | $2.80M | $100.00K | $700.00K | $400.00K | ||||||||
| Total | $66.49M | $75.74M | $66.16M | $82.06M |
Orion Energy Systems brought in $82.06M from its five segments in fiscal 2026, the year ended March 31, 2026. That is less than the $95.86M it reports by product and service, so these segments do not cover all of its revenue. Lighting was the largest at $41.17M (50.2%), ahead of Ev at $22.95M (28.0%) and Maintenance Services at $16.04M (19.5%). The other two segments brought in $1.90M combined.
Compared with fiscal 2025, Ev grew fastest, up 172.5% to $22.95M. Every segment above 2% of revenue grew.
Lighting Product & Installation was Orion Energy Systems’s largest product and service line in fiscal 2026, bringing in $39.00M of $88.09M (44%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|
| Commercial & Industrial | — | — | — | — | ||||
| Lighting Product & Installation | $46.50M | $50.23M | $39.25M | $39.00M | ||||
| Total Lighting | — | — | — | — | ||||
| Electric Vehicle Charging | $4.48M | $8.30M | $8.42M | $22.95M | ||||
| Maintenance Services | $11.29M | $12.46M | $9.29M | $24.79M | ||||
| Federal Government | — | — | — | — | ||||
| Solar Energy-Related Revenues | — | $28.00K | $17.00K | $1.35M | ||||
| Solar Energy Related Revenues | — | — | — | — | ||||
| Total | $62.27M | $71.02M | $56.97M | $88.09M |
Orion Energy Systems brought in $88.09M from its four product and service lines in fiscal 2026, the year ended March 31, 2026. That is less than the $95.86M it reports by product and service, so these lines do not cover all of its revenue. Lighting Product & Installation was the largest at $39.00M (44.3%), ahead of Maintenance Services at $24.79M (28.1%) and Electric Vehicle Charging at $22.95M (26.1%). The remaining line, Solar Energy-Related Revenues, brought in $1.35M.
Compared with fiscal 2025, Electric Vehicle Charging grew fastest, up 172.5% to $22.95M, while Lighting Product & Installation fell the most, down 0.6% to $39.00M.
Orion Energy Systems began breaking out Solar Energy-Related Revenues in fiscal 2024, when it brought in $28.00K.
Product Revenue was Orion Energy Systems’s largest product and service line in fiscal 2026, bringing in $57.03M of $95.86M (59%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Product Revenue | $49.47M | $55.01M | $39.25M | $57.03M | ||||||
| Service Revenue | $20.17M | $27.27M | $9.29M | $38.03M | ||||||
| Light Fixture Sales-Type Lease | $2.80M | — | — | $400.00K | ||||||
| Legacy Solar Facilities | $100.00K | — | — | $400.00K | ||||||
| Sale Of Tax Credits | $100.00K | $100.00K | — | — | ||||||
| Total | $72.64M | $82.38M | $48.54M | $95.86M |
Orion Energy Systems brought in $95.86M from its four product and service lines in fiscal 2026, the year ended March 31, 2026. Orion Energy Systems regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $48.54M. Product Revenue was the largest at $57.03M (59.5%), ahead of Service Revenue at $38.03M (39.7%) and Light Fixture Sales-Type Lease at $400.00K (0.4%). The remaining line, Legacy Solar Facilities, brought in $400.00K.
Compared with fiscal 2025, Service Revenue grew 309.4% to $38.03M and Product Revenue grew 45.3% to $57.03M.
Orion Energy Systems stopped reporting Sale Of Tax Credits as a separate line after fiscal 2024, when it brought in $100.00K.
Orion Energy Systems (OESX) reports its revenue by segment and by product and service. In fiscal 2026, Lighting was its largest segment, bringing in $41.17M (50.2% of the total), followed by Ev at $22.95M (28.0%).
Lighting was Orion Energy Systems' largest segment in fiscal 2026, bringing in $41.17M, or 50.2% of the $82.06M total across its five segments.
Lighting Product & Installation was Orion Energy Systems' largest product and service line in fiscal 2026, bringing in $39.00M, or 44.3% of the $88.09M total across its four product and service lines.
Among Orion Energy Systems' segments that make up at least 2% of revenue, Ev grew fastest in fiscal 2026, up 172.5% from $8.42M to $22.95M.
Every figure comes from Orion Energy Systems' annual financial filings, as reported. Each line keeps the name Orion Energy Systems gives it, and years follow its fiscal calendar.
Orion Energy Systems' revenue by segment goes back to fiscal 2011, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.