How did Orion Energy Systems' revenue and expenses trend in Q3 2025 compared to previous quarters?
5/8/2025 01:32pm
Orion Energy Systems experienced a decline in revenue and expenses in Q3 2025 compared to the previous quarter, Q2 2025, with both values showing up as $0.
1. **Revenue Trend**: Orion's revenue for Q3 2025 was reported at $19.6 million, which fell short of the estimated $27.27 million. This represented a decrease from the $26.0 million recorded in Q3 2024. The decline was attributed to project delays and market softness due to economic uncertainties.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|OESX|OESX.O|Orion Energy Systems|2025 Q1|13.018792937035146|1.9906E7|186|
|OESX|OESX.O|Orion Energy Systems|2025 Q2|-5.950646070144758|1.9361E7|186|
|OESX|OESX.O|Orion Energy Systems|2025 Q3|-24.592815062954834|1.9584E7|186|
2. **Expense Trend**: The company's expenses for Q3 2025 were not provided. However, it is important to note that Orion reported a reduced net loss of $1.5 million for Q3 2025, compared to $2.3 million in Q3 2024. This indicated a positive trend in cost management and operational improvements, despite the revenue decline.
Overall, Orion faced challenges in Q3 2025 with a decrease in revenue and undisclosed expenses. However, the company showed improvement in financial performance with a reduced net loss and enhanced cash and liquidity position.