Orion Energy Systems, Inc. has announced its financial results for the fourth quarter and fiscal year ending March 31, 2025. The company reported Q4 revenue of $20.9 million, a 21% decrease from the previous year, contributing to a full fiscal year revenue of $79.7 million, down 12%. Despite these declines, Orion saw improvements in its gross margin, reaching 27.5% in Q4’25, up from 25.8% the prior year. The net loss for Q4 was $2.9 million, with a consistent net loss of $11.8 million for the fiscal year. business highlights include a notable increase in EV charging revenue, which rose 18%, and a series of strategic initiatives aimed at cost reduction and operational efficiency. Looking forward, the company anticipates a revenue growth of 5% for FY’26, with expectations of approaching positive adjusted EBITDA driven by several key contracts and projects in the pipeline.