Lighting was Orion Energy Systems’s largest segment in fiscal 2026, bringing in $55.88M of $86.31M (65%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | 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 | $56.55M | $61.10M | $47.70M | $55.88M | ||||||||||||
| Engineered Systems | — | — | — | — | ||||||||||||
| Orion Distribution Services | — | — | — | — | ||||||||||||
| Distribution Services | — | — | — | — | ||||||||||||
| Maintenance Services | $14.56M | $17.15M | $15.19M | $16.04M | ||||||||||||
| Ev | $6.28M | $12.33M | $16.83M | $14.38M | ||||||||||||
| Orion U.S. Markets | — | — | — | — | ||||||||||||
| U.S. Markets | — | — | — | — | ||||||||||||
| Total | $77.38M | $90.58M | $79.72M | $86.31M |
Orion Energy Systems brought in $86.31M from its three segments in fiscal 2026, the year ended March 31, 2026. That was up 8.3% from $79.72M in fiscal 2025. Lighting was the largest at $55.88M (64.7%), ahead of Maintenance Services at $16.04M (18.6%) and Ev at $14.38M (16.7%).
Compared with fiscal 2025, Lighting grew fastest, up 17.1% to $55.88M, while Ev fell the most, down 14.5% to $14.38M. From fiscal 2023 to 2026, combined revenue from these segments grew from $77.38M to $86.31M, a compound annual growth rate of 3.7%. Lighting's share of the total fell from 73.1% to 64.7%.
Product Revenue was Orion Energy Systems’s largest product and service line in fiscal 2026, bringing in $57.03M of $86.31M (66%).
| 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 | $57.21M | $63.31M | $54.37M | $57.03M | ||||||
| Service Revenue | $20.17M | $27.27M | $25.35M | $29.28M | ||||||
| Light Fixture Sales-Type Lease | — | — | — | — | ||||||
| Sale Of Tax Credits | — | — | — | — | ||||||
| Legacy Solar Facilities | — | — | — | — | ||||||
| Total | $77.38M | $90.58M | $79.72M | $86.31M |
Orion Energy Systems brought in $86.31M from its two product and service lines in fiscal 2026, the year ended March 31, 2026. That was up 8.3% from $79.72M in fiscal 2025. Product Revenue was the largest at $57.03M (66.1%), ahead of Service Revenue at $29.28M (33.9%).
Compared with fiscal 2025, Service Revenue grew 15.5% to $29.28M and Product Revenue grew 4.9% to $57.03M. From fiscal 2023 to 2026, combined revenue from these lines grew from $77.38M to $86.31M, a compound annual growth rate of 3.7%. Product Revenue's share of the total fell from 73.9% to 66.1%.
Orion Energy Systems (OESX) reports its revenue by segment and by product and service. In fiscal 2026, Lighting was its largest segment, bringing in $55.88M (64.7% of the total), followed by Maintenance Services at $16.04M (18.6%).
Lighting was Orion Energy Systems' largest segment in fiscal 2026, bringing in $55.88M, or 64.7% of the $86.31M total across its three segments.
Product Revenue was Orion Energy Systems' largest product and service line in fiscal 2026, bringing in $57.03M, or 66.1% of the $86.31M total across its two product and service lines.
Among Orion Energy Systems' segments that make up at least 2% of revenue, Lighting grew fastest in fiscal 2026, up 17.1% from $47.70M to $55.88M.
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.