Orion Reiterates Expectations for Increased Growth and Profitability

Strong Profitable Growth Drive Highlights Sally Washlow's First Year as CEO

Apr. 15, 2026 at 11:20am

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A high-end, photorealistic studio still-life photograph featuring a polished metal EV charging station, a sleek LED light fixture, and a stack of financial reports, all arranged elegantly on a clean, white seamless background with dramatic lighting and sharp shadows, conceptually representing Orion's focus on energy efficiency, clean tech solutions, and financial performance.Orion's innovative energy solutions and strong financial results under new leadership reflect the company's commitment to sustainable growth.Manitowoc Today

Orion Energy Systems, a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, has reiterated its preliminary expectations for increased revenue growth and profitability for its Fiscal Year 2026 and Fiscal 2027. The company highlighted the one-year anniversary of Sally Washlow's arrival as Chief Executive Officer and attributed the higher expectations to increasing orders by enterprise customers, successful cost-structure improvements, and Orion's heightened prominence in its competitive marketplace.

Why it matters

Orion's strong financial performance and growth trajectory under the leadership of its new CEO demonstrate the company's ability to adapt and thrive in the evolving energy efficiency and clean tech solutions market. The company's focus on expanding its customer base, improving operational efficiency, and leveraging emerging industry trends positions it for continued success.

The details

Orion announced an increase in its FY 2026 revenue outlook to a range of between $84 million and $86 million, up from its previous outlook of approximately $84 million. The company also expects to achieve positive adjusted EBITDA for the full FY 2026. For FY 2027, Orion currently expects to record positive adjusted EBITDA on revenue of between $95 million and $97 million. Orion attributes its higher expectations to increasing orders by enterprise customers, the success of recent cost-structure improvements, and the company's heightened prominence in its competitive marketplace.

  • Orion's Fiscal Year 2026 ended on March 31, 2026.
  • Orion's Fiscal Year 2027 began on April 1, 2026.
  • Orion plans to discuss its results and expectations in detail on June 4 in its report of financial performance for the Fourth Quarter and Full Fiscal Year of FY 2026.

The players

Orion Energy Systems, Inc.

A provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions.

Sally Washlow

The Chief Executive Officer of Orion Energy Systems, who joined the company one year ago.

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What they’re saying

“On the occasion of my first anniversary as Chief Executive Officer, I am pleased to report that a re-energized Orion is on a pronounced trajectory of profitable growth.”

— Sally Washlow, Chief Executive Officer

What’s next

Orion intends to discuss its results and expectations in detail on June 4 in its report of financial performance for the Fourth Quarter and Full Fiscal Year of FY 2026.

The takeaway

Orion's strong financial performance and growth under its new CEO highlights the company's ability to adapt and thrive in the evolving energy efficiency and clean tech solutions market. The company's focus on expanding its customer base, improving operational efficiency, and leveraging emerging industry trends positions it for continued success.