Orion Energy Systems Inc. (NASDAQ: OESX) reported its financial results for the fourth quarter (Q4'25) and fiscal year ended March 31, 2025 (FY'25). The company posted Q4'25 revenue of $20.9 million, down from $26.4 million in Q4'24, attributed to decreased lighting revenue, including the absence of $1.9 million from a large European project last year, and a predicted decrease in maintenance revenue, partially countered by increased EV charging revenue. FY'25 revenue reached $79.7 million, compared to $90.6 million in FY'24, aligning with the company's forecasted range of $77 million to $83 million. Orion reported a Q4'25 net loss of $2.9 million, or $0.09 per share, versus a net income of $1.6 million, or $0.05 per share, in Q4'24. The FY'25 net loss was $11.8 million, in line with the previous year's net loss of $11.7 million. The Q4'25 gross profit percentage increased to 27.5%, marking the third highest quarterly rate in seven years, primarily due to effective pricing and cost measures. For FY'26, Orion anticipates a 5% revenue growth with an outlook of approximately $84 million and aims for an improved bottom line performance. The company also plans to reduce overhead costs by $1.5 million through targeted expense cuts and cost-saving initiatives. Orion achieved its second consecutive quarter of positive adjusted EBITDA in Q4'25 and reported strong bookings in late Q4'25 and early FY'26, with new LED lighting engagements potentially generating $100 million to $200 million in revenue over five years.