Orion Announces Q2 2025 Revenue of $19.4M, Showcasing 40% Growth in EV Charging and Notable Gains in Maintenance Segment Gross Margin

Orion Energy Systems, Inc. (NASDAQ: OESX) reported its fiscal Q2’25 results, revealing revenues of $19.4 million, a decrease from $20.6 million in the same quarter last year. CEO Mike Jenkins attributed the lower revenue to delays in starting significant LED lighting projects and slower activity in the energy service sectors. Despite the shortfall, Orion noted robust growth in its Voltrek EV charging station business, which saw a 40% revenue increase year-over-year, driven primarily by service contracts. The maintenance services segment also showed improvement, partially offsetting losses from earlier unprofitable contracts. Looking ahead, Orion anticipates a stronger second half of FY’25 with significant LED projects expected to commence, particularly in states transitioning away from fluorescent lighting. The company’s overall revenue outlook for the fiscal year remains optimistic, projecting a growth of approximately 10%.

Orion Announces Q2 2025 Revenue of $19.4M, Showcasing 40% Growth in EV Charging and Notable Gains in Maintenance Segment Gross Margin

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