Quick Answer
ORION ENERGY SYSTEMS, INC. reported R&D Expense of $1.23 million for fiscal year 2025.
ORION ENERGY SYSTEMS, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.23M | -17.8% |
| 2024 | $1.50M | -19.3% |
| 2023 | $1.85M | +8.9% |
| 2022 | $1.70M | +0.9% |
| 2021 | $1.69M | -1.8% |
| 2020 | $1.72M | +24.9% |
| 2019 | $1.37M | -27.9% |
| 2018 | $1.91M | -4.9% |
| 2017 | $2.00M | +20.1% |
| 2016 | $1.67M | -34.7% |
| 2015 | $2.55M | +26.1% |
| 2014 | $2.03M | -10.3% |
| 2013 | $2.26M | -10.3% |
| 2012 | $2.52M | +7.9% |
| 2011 | $2.33M | +23.4% |
| 2010 | $1.89M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $237.0K | -17.4% | +2.6% |
| September 30, 2025 | $231.0K | -29.6% | +11.1% |
| June 30, 2025 | $208.0K | -21.2% | -27.5% |
| December 31, 2024 | $287.0K | -17.8% | -12.5% |
| September 30, 2024 | $328.0K | -14.1% | +24.2% |
| June 30, 2024 | $264.0K | -45.0% | -24.4% |
| December 31, 2023 | $349.0K | -14.7% | -8.6% |
| September 30, 2023 | $382.0K | -15.3% | -20.4% |
- ORION ENERGY SYSTEMS, INC. showed a decrease of -17.8% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, ORION ENERGY SYSTEMS, INC.’s r&d expense has declined by 35.0% (from $1.89 million to $1.23 million).
- The most recent figure is from ORION ENERGY SYSTEMS, INC.’s fiscal year 2024 report (Form 10-K), filed with the SEC on June 26, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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