New LED Contracts and Revenue Potential
Orion Energy Systems has landed 7 new LED lighting contracts with potential revenue of $100 million to $200 million over the next 5 years.
Improvement in Gross Margin
Orion's Q3 '25 blended gross margin improved 490 basis points to 29.4%, marking the second highest quarterly rate in 7 years.
Voltrek EV Charging Growth
Revenue from the EV Charging segment is up 48% year-to-date, with expectations of continued growth in fiscal '26.
Reorganization for Enhanced Focus
Orion is reorganizing its business into two commercial business units to enhance customer service and streamline operating overhead.
Reduction in Breakeven Point
Orion reduced its annual breakeven point by at least 20% to $78 million to $85 million, down from $105 million to $115 million over the past 2 years.