Orion Energy Systems

What Orion Energy Systems does

Orion Energy Systems (Nasdaq: OESX), founded in 1996 and headquartered in Manitowoc, Wisconsin, is a U.S. manufacturer of commercial and industrial LED lighting systems, EV charging infrastructure, and related electrical contracting and maintenance services. The company operates three primary product brands: TritonPro (indoor fixtures including high/low bay, troffer, and retrofit products), ISON (vaportight and enclosed high bay fixtures for harsh environments), and HARRIS (high bay, troffer, and strip lighting). It complements its fixture lines with third-party lighting controls (Legrand Wattstopper, Lutron, Philips/Signify, Leviton, LiteTrace) and, through its wholly-owned Voltrek subsidiary acquired in October 2022, distributes and installs ChargePoint, ABB, EV Connect, and JuiceBar EV charging stations. Recent product additions include the MPHL2 LED solution targeting hyperscale data centers and a localized battery energy storage system deployed at California sites.

The company generates revenue through multiple streams: hardware sales of LED fixtures and EV charging equipment, turnkey installation services, electrical contracting (licensed in 45 states), and recurring multi-year maintenance contracts, including a $42-45 million three-year contract covering approximately 2,050 retail locations. Pricing is project-based and quote-driven, with individual engagements ranging from thousands to tens of millions of dollars. Orion primarily targets large national enterprise customers, including retailers, manufacturers, logistics firms, government agencies, and hyperscale data center operators, going to market through a combination of direct enterprise sales, ESCO partnerships, and distribution channels. Federal procurement certifications (Buy American Act, Build America Buy America, Trade Agreements Act) position the company for government contracts.

For FY2026, Orion reported revenue of $86.3 million and adjusted EBITDA of $2.2 million, marking six consecutive quarters of positive adjusted EBITDA, with FY2027 guidance of $95-97 million. The company is led by CEO Sally Washlow and CFO Per Brodin, employs 251-500 people, and is publicly traded with a market capitalization of approximately $37.6 million as of June 2026.

Name

Orion Energy Systems

Legal name

Orion Energy Systems, Inc.

Website

https://orionlighting.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Orion Energy Systems is a U.S. manufacturer of commercial and industrial LED lighting systems, EV charging infrastructure (via Voltrek), and recurring maintenance services, serving enterprise customers across retail, manufacturing, logistics, government, and hyperscale data centers through direct sales and ESCO channels.

Ownership category

akta.pro rank

Product category

Commercial LED Lighting

NAICS

Electric Lighting Equipment Manufacturing (33513)

SIC

Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

LED Drivers, Ballasts & Power Modules for Lighting (Constant-current/voltage drivers, ballasts, control gear) (IMAGAIAJ)

akta.pro secondary industry

Street Lighting & Area Lighting Electrical Infrastructure (IMAFAHAJ)

Keywords

• Commercial LED lighting
• EV charging infrastructure
• Lighting controls systems
• Energy storage solutions
• Turnkey electrical contracting

Headquarters

HQ city

Manitowoc

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. LED Lighting Products: Sale of LED lighting fixtures including high bay, low bay, linear, troffer, vapor-tight, and outdoor lighting for commercial and industrial applications. Revenue recognized from product sales to customers and through channel partners.
2. Turnkey Installation Services: Complete installation services including site visits, lighting audits, fixture manufacturing, and installation across customer facilities. Part of turnkey lighting retrofit solutions.
3. Maintenance Contracts: Ongoing maintenance services for LED lighting systems. Includes three-year preventaive maintenance contracts covering large retail footprints (2,050+ locations), generating recurring revenue.
4. Electrical Contracting: Electrical infrastructure installation and contracting services for enterprise facilities, including EV charging station installation. Orion is licensed in 45 states for electrical contracting.
5. EV Charging Infrastructure: Turnkey EV charging solutions through Voltrek division, including Level 2 and DC fast charging stations, project management, and installation services.
6. Energy as a Service: Financing solutions for customers to enable LED lighting upgrades without large upfront capital expenditure.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Orion Energy Systems designs, manufactures, markets, distributes, installs, and services energy-efficient LED lighting products and controls, EV charging solutions, battery energy storage systems, and turnkey project management for commercial, industrial, and government customers across North America. Its product portfolio spans indoor and outdoor LED fixtures (under brands including TritonPro, ISON, and HARRIS), smart lighting controls (Orion Connect), and EV charging hardware via its Voltrek division.

Product overview

Orion Energy Systems is a manufacturer and provider of commercial and industrial energy-efficient LED lighting solutions, EV charging infrastructure, and related services. The product portfolio is organized around three core brands: TritonPro (indoor commercial and industrial fixtures including high/low bay, linear, troffer, and retrofit products), ISON (vaportight and enclosed high bay fixtures for harsh environments), and HARRIS (high bay, troffer, and strip lighting). Orion complements its fixture lines with third-party lighting controls (Legrand Wattstopper, Lutron, Philips, Leviton), EV charging solutions through its Voltrek division (ChargePoint, ABB, EV Connect), battery energy storage systems, and a full suite of installation, maintenance, and program management services. Recent additions include the MPHL2 LED solution for hyperscale data centers and an on-site battery energy storage system. The company manufactures most products in Wisconsin and serves diverse vertical markets including retail, logistics, manufacturing, healthcare, government, data centers, and education.

Differentiator

Problem solved

Functional benefit

Brands

• TritonPro: LED lighting product line including high bay fixtures, troffers, and flat panels
• Harris
• ISON
• Voltrek
• JuiceBar

Products and services

• Indoor LED Lighting Fixtures (TritonPro, ISON, HARRIS families)

Quantifiable outcome

• 50-75% energy consumption reduction compared to legacy lighting systems
• +9 more outcomes

Named customers15 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Channel Partners (Data Center)coreChannel Partner/ Reseller/ Distributor · 27 May 2026Collaboration with channel partners to develop and deploy the MPHL2 LED lighting solution specifically designed for hyperscale data centers.
• ChargePointcoreTechnology or IntegrationChargePoint is an EV charging partner providing Level 2 and DC fast charging solutions through Orion's Voltrek division for commercial EV charging infrastructure deployments.
• ABBcoreTechnology or IntegrationABB is an EV charging partner providing charging solutions integrated into Orion's turnkey EV charging infrastructure services.
• EV ConnectcoreTechnology or IntegrationEV Connect provides EV charging management platform integrated with Orion's infrastructure solutions.
• Synergy Investment, Inc.minorChannel Partner/ Reseller/ DistributorPresident Dan Gould cited partnership benefits including quick customer service response times, on-site product adjustments, and project timelines 50% faster than other organizations.

Scale indicators15 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Acuity Brands: NYSE-listed US lighting manufacturer serving commercial, industrial, and institutional markets with LED fixtures, controls, and lighting services. Direct overlap with Orion across indoor/outdoor LED fixtures, lighting controls, and turnkey retrofit services for similar enterprise customers.
• Current Lighting Solutions (GE Current): LED lighting and connected solutions business acquired by American Industrial Partners from GE. Directly competes with Orion in commercial and industrial LED fixtures, IoT-enabled controls, and energy-efficiency retrofits for large enterprise customers.
• LSI Industries: NASDAQ-listed US manufacturer of LED lighting, graphics, and technology solutions for commercial, industrial, and retail markets. Closely comparable business model to Orion: smaller-cap US LED fixture maker serving similar enterprise and retail verticals with project-based sales.
• Cree Lighting (Smart Global Holdings): LED lighting fixtures and smart lighting controls business owned by SGH. Competes directly with Orion in commercial/industrial LED fixtures, leveraging vertical-integration pedigree from Cree's LED chip heritage.
• Ameresco: NYSE-listed energy services and renewable energy company that designs and funds LED retrofit projects, EV charging, battery storage, and efficiency programs. Highly comparable business model to Orion's turnkey LED + EV + storage mix, often partnering with ESCOs.
• Energy Focus: Smaller US pure-play LED lighting and controls company targeting commercial, industrial, and military marine markets. Direct smaller-cap peer competing in commercial LED retrofits and lighting controls.

Broad incumbents

• Signify (Philips Lighting): Global lighting leader (Philips brand) producing LED fixtures, lamps, and lighting systems for commercial, industrial, and residential markets. Competes with Orion across LED fixtures and IoT lighting controls, but at much larger scale with broader portfolio and global reach.
• Hubbell Incorporated: Diversified electrical products manufacturer with a lighting fixtures and controls portfolio (Hubbell Lighting). Competes with Orion in commercial/industrial LED fixtures, lighting controls, and electrical infrastructure, supported by Hubbell's much larger balance sheet.
• Eaton Corporation (Cooper Lighting): Global power management company whose Cooper Lighting Solutions division offers commercial and industrial LED fixtures and connected lighting. Overlaps with Orion across fixture categories and large-project electrical contracting, with broader power management capabilities.

Others

• ChargePoint: NYSE-listed EV charging network and hardware provider that is both a Voltrek partner and an indirect peer: ChargePoint sells hardware Orion installs. Comparable in commercial EV charging customer base (retail, hospitality, fleets, education).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/orionlighting
• YouTubelinks.oesx.com/YouTube
• Facebookfacebook.com/157458904286644
• LinkedInlinkedin.com/company/orion-energy-systems-inc-

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orion Energy Systems