Orion Energy Systems Inc. (NASDAQ: OESX) reported its fiscal 2026 first-quarter results, showing a total revenue of $19.6 million, a slight decrease of 2% from $19.9 million in Q1'25. The company's LED lighting revenue increased marginally by 1% to $12.9 million, while EV charging revenue saw a significant decline of 30% to $2.7 million compared to the previous year. Maintenance revenue grew by 21% to $4.0 million. Orion's gross profit for Q1'26 stood at $5.9 million, up 37% from $4.3 million in Q1'25, with a gross profit margin of 30.1%, the highest quarterly margin in six years. The company reported a net loss of $1.2 million, an improvement from a net loss of $3.8 million in the previous year. Orion achieved an adjusted EBITDA of $0.2 million, marking its third consecutive quarter of positive adjusted EBITDA. The company reiterated its fiscal 2026 outlook, expecting a revenue growth of approximately 5% to $84 million, aiming to approach or achieve positive adjusted EBITDA for the full fiscal year. Orion highlighted a $3 million public school EV charging project that began near the end of June and is anticipated to be completed during the second quarter.