Company / R&D Expense
ORION ENERGY SYSTEMS, INC. R&D Expense History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.5M
FY2026
5-year range
$1.5M / $1.9M
FY2022-FY2026
Trend
-19.3%
vs FY2025
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $1M in FY2021 to $3M in FY2017.
Based on SEC 10-K filings.
$1M in FY2026 with a 5-year CAGR of +1.7%.
Declined from $2M to $1M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -3.9%
- 5-Year CAGR
- +1.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +1.7%, indicating consistent growth.
- In FY2026, r&d expense decreased 19.3% year-over-year.
- Peak r&d expense was recorded in FY2017.
- Lowest r&d expense in the period was in FY2021.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $1.5M | -19.3% |
| FY2025 | $1.9M | +8.9% |
| FY2024 | $1.7M | +0.9% |
| FY2023 | $1.7M | -1.8% |
| FY2022 | $1.7M | +24.9% |
| FY2021 | $1.4M | -27.9% |
| FY2020 | $1.9M | -4.9% |
| FY2019 | $2.0M | +20.1% |
| FY2018 | $1.7M | -34.7% |
| FY2017 | $2.6M | +26.1% |
As of FY2026 · SEC 10-K · Updated Jun 28, 2026