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Lsi Industries vs Orion Energy Systems: revenue, profit, margins and growth compared

Lsi Industries brought in $689.4M of revenue in fiscal 2026, Orion Energy Systems $86.3M in fiscal 2026. Revenue changed by +20.2% at Lsi Industries and +8.3% at Orion Energy Systems on the year before, so Lsi Industries grew faster. Lsi Industries kept 3.3% of its revenue as net profit, Orion Energy Systems -3.7%. Free cash flow was $39M at Lsi Industries and -$1.2M at Orion Energy Systems.

Side by side, latest fiscal year

LYTSOESX
Fiscal year endedFY2026 (June 30, 2026)FY2026 (March 31, 2026)
Revenue$689.4M$86.3M
Revenue growth+20.2%+8.3%
Net income$22.6M-$3.2M
Net margin3.3%-3.7%
Free cash flow$39M-$1.2M
Free cash flow margin5.7%-1.3%
Earnings per share (diluted)$0.67-$0.89
Cash$14.2M$3.3M
Debt$255.9M$6M
Price to earnings31.5n/a
Market value$774.3M$125.1M
Dividend yield0.95%n/a
Rank by revenue in sector#520 of 778 · Consumer discretionary#696 of 778 · Consumer discretionary

Over the years

Revenue
LYTS FY2019: $328.9MLYTS FY2020: $305.6MLYTS FY2021: $315.6MLYTS FY2022: $455.1MLYTS FY2023: $497MLYTS FY2024: $469.6MLYTS FY2025: $573.4MLYTS FY2026: $689.4MOESX FY2019: $65.8MOESX FY2020: $150.8MOESX FY2021: $116.8MOESX FY2022: $124.4MOESX FY2023: $77.4MOESX FY2024: $90.6MOESX FY2025: $79.7MOESX FY2026: $86.3MFY19FY20FY21FY22FY23FY24FY25FY26
LYTS $689.4MOESX $86.3M
Net income
LYTS FY2019: -$16.3MLYTS FY2020: $9.6MLYTS FY2021: $5.9MLYTS FY2022: $15MLYTS FY2023: $25.8MLYTS FY2024: $25MLYTS FY2025: $24.4MLYTS FY2026: $22.6MOESX FY2019: -$6.7MOESX FY2020: $12.5MOESX FY2021: $26.1MOESX FY2022: $6.1MOESX FY2023: -$34.3MOESX FY2024: -$11.7MOESX FY2025: -$11.8MOESX FY2026: -$3.2MFY19FY20FY21FY22FY23FY24FY25FY26
LYTS $22.6MOESX -$3.2M
Net margin
LYTS FY2019: -5.0%LYTS FY2020: 3.1%LYTS FY2021: 1.9%LYTS FY2022: 3.3%LYTS FY2023: 5.2%LYTS FY2024: 5.3%LYTS FY2025: 4.3%LYTS FY2026: 3.3%OESX FY2019: -10.1%OESX FY2020: 8.3%OESX FY2021: 22.4%OESX FY2022: 4.9%OESX FY2023: -44.4%OESX FY2024: -12.9%OESX FY2025: -14.8%OESX FY2026: -3.7%FY19FY20FY21FY22FY23FY24FY25FY26
LYTS 3.3%OESX -3.7%
Revenue growth
LYTS FY2020: -7.1%LYTS FY2021: +3.3%LYTS FY2022: +44.2%LYTS FY2023: +9.2%LYTS FY2024: -5.5%LYTS FY2025: +22.1%LYTS FY2026: +20.2%OESX FY2020: +129.4%OESX FY2021: -22.5%OESX FY2022: +6.5%OESX FY2023: -37.8%OESX FY2024: +17.1%OESX FY2025: -12.0%OESX FY2026: +8.3%FY20FY21FY22FY23FY24FY25FY26
LYTS +20.2%OESX +8.3%
Free cash flow
LYTS FY2019: $8.9MLYTS FY2020: $27MLYTS FY2021: $25.8MLYTS FY2022: -$6MLYTS FY2023: $46.4MLYTS FY2024: $38MLYTS FY2025: $34.7MLYTS FY2026: $39MOESX FY2019: -$5.4MOESX FY2020: $19.5MOESX FY2021: $827KOESX FY2022: -$631KOESX FY2023: -$2.9MOESX FY2024: -$10.9MOESX FY2025: $500KOESX FY2026: -$1.2MFY19FY20FY21FY22FY23FY24FY25FY26
LYTS $39MOESX -$1.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Lsi Industries and Orion Energy Systems

Which is bigger by revenue, Lsi Industries or Orion Energy Systems?

Lsi Industries is bigger by revenue: $689.4M in fiscal 2026, against $86.3M for Orion Energy Systems in fiscal 2026.

Which keeps more of its revenue as profit, Lsi Industries or Orion Energy Systems?

Lsi Industries had a net margin of 3.3% in fiscal 2026; Orion Energy Systems had -3.7% in fiscal 2026.

Which grew revenue faster, Lsi Industries or Orion Energy Systems?

In their latest fiscal years revenue changed by +20.2% at Lsi Industries and +8.3% at Orion Energy Systems.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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