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Side-by-side financial comparison of ORION ENERGY SYSTEMS, INC. (OESX) and PCB BANCORP (PCB). Click either name above to swap in a different company.

PCB BANCORP is the larger business by last-quarter revenue ($29.2M vs $21.1M, roughly 1.4× ORION ENERGY SYSTEMS, INC.). On growth, PCB BANCORP posted the faster year-over-year revenue change (11.3% vs 7.7%). PCB BANCORP produced more free cash flow last quarter ($24.4M vs $-1.1M). Over the past eight quarters, PCB BANCORP's revenue compounded faster (10.4% CAGR vs -10.6%).

Orion Energy Systems, Inc. is an American LED lighting and intelligent controls enterprise, founded in Plymouth, Wisconsin, and headquartered in Manitowoc, Wisconsin

PCB Bank is an American community bank that focuses on the Korean-American community based in California and offers commercial banking services. It has branches in 8 states and is the third largest Korean American Bank after Bank of Hope and Hanmi Bank.

OESX vs PCB — Head-to-Head

Bigger by revenue
PCB
PCB
1.4× larger
PCB
$29.2M
$21.1M
OESX
Growing faster (revenue YoY)
PCB
PCB
+3.6% gap
PCB
11.3%
7.7%
OESX
More free cash flow
PCB
PCB
$25.5M more FCF
PCB
$24.4M
$-1.1M
OESX
Faster 2-yr revenue CAGR
PCB
PCB
Annualised
PCB
10.4%
-10.6%
OESX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
OESX
OESX
PCB
PCB
Revenue
$21.1M
$29.2M
Net Profit
$160.0K
Gross Margin
30.9%
Operating Margin
1.8%
45.0%
Net Margin
0.8%
Revenue YoY
7.7%
11.3%
Net Profit YoY
110.6%
EPS (diluted)
$0.04
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OESX
OESX
PCB
PCB
Q4 25
$21.1M
$29.2M
Q3 25
$19.9M
$30.4M
Q2 25
$19.6M
$29.3M
Q1 25
$20.9M
$26.9M
Q4 24
$19.6M
$26.2M
Q3 24
$19.4M
$25.3M
Q2 24
$19.9M
$24.2M
Q1 24
$26.4M
$23.9M
Net Profit
OESX
OESX
PCB
PCB
Q4 25
$160.0K
Q3 25
$-581.0K
$11.4M
Q2 25
$-1.2M
$9.1M
Q1 25
$-2.9M
$7.7M
Q4 24
$-1.5M
Q3 24
$-3.6M
$7.8M
Q2 24
$-3.8M
$6.3M
Q1 24
$1.6M
$4.7M
Gross Margin
OESX
OESX
PCB
PCB
Q4 25
30.9%
Q3 25
31.0%
Q2 25
30.1%
Q1 25
27.4%
Q4 24
29.4%
Q3 24
23.1%
Q2 24
21.6%
Q1 24
25.8%
Operating Margin
OESX
OESX
PCB
PCB
Q4 25
1.8%
45.0%
Q3 25
-1.2%
52.3%
Q2 25
-5.2%
43.3%
Q1 25
-12.7%
40.2%
Q4 24
-6.4%
39.3%
Q3 24
-16.9%
42.2%
Q2 24
-17.2%
36.3%
Q1 24
6.8%
27.2%
Net Margin
OESX
OESX
PCB
PCB
Q4 25
0.8%
Q3 25
-2.9%
37.5%
Q2 25
-6.4%
31.0%
Q1 25
-13.9%
28.8%
Q4 24
-7.7%
Q3 24
-18.7%
30.8%
Q2 24
-18.9%
25.9%
Q1 24
6.1%
19.6%
EPS (diluted)
OESX
OESX
PCB
PCB
Q4 25
$0.04
$0.65
Q3 25
$-0.17
$0.78
Q2 25
$-0.04
$0.62
Q1 25
$1.32
$0.53
Q4 24
$-0.46
$0.46
Q3 24
$-1.10
$0.52
Q2 24
$-0.12
$0.43
Q1 24
$0.06
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OESX
OESX
PCB
PCB
Cash + ST InvestmentsLiquidity on hand
$4.7M
$207.1M
Total DebtLower is stronger
$9.8M
Stockholders' EquityBook value
$11.8M
$390.0M
Total Assets
$48.3M
$3.3B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OESX
OESX
PCB
PCB
Q4 25
$4.7M
$207.1M
Q3 25
$5.2M
$369.5M
Q2 25
$3.6M
$263.6M
Q1 25
$6.0M
$214.3M
Q4 24
$7.5M
$198.8M
Q3 24
$5.4M
$193.1M
Q2 24
$5.7M
$177.6M
Q1 24
$5.2M
$239.8M
Total Debt
OESX
OESX
PCB
PCB
Q4 25
$9.8M
Q3 25
$9.9M
Q2 25
$8.5M
Q1 25
$10.3M
Q4 24
Q3 24
$12.5M
Q2 24
$13.5M
Q1 24
$10.0M
Stockholders' Equity
OESX
OESX
PCB
PCB
Q4 25
$11.8M
$390.0M
Q3 25
$11.4M
$384.5M
Q2 25
$10.8M
$376.5M
Q1 25
$11.9M
$370.9M
Q4 24
$14.5M
$363.8M
Q3 24
$15.8M
$362.3M
Q2 24
$19.1M
$353.5M
Q1 24
$22.5M
$350.0M
Total Assets
OESX
OESX
PCB
PCB
Q4 25
$48.3M
$3.3B
Q3 25
$47.9M
$3.4B
Q2 25
$49.0M
$3.3B
Q1 25
$52.5M
$3.2B
Q4 24
$52.7M
$3.1B
Q3 24
$56.3M
$2.9B
Q2 24
$59.8M
$2.9B
Q1 24
$63.2M
$2.9B
Debt / Equity
OESX
OESX
PCB
PCB
Q4 25
0.83×
Q3 25
0.87×
Q2 25
0.79×
Q1 25
0.87×
Q4 24
Q3 24
0.79×
Q2 24
0.71×
Q1 24
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OESX
OESX
PCB
PCB
Operating Cash FlowLast quarter
$-897.0K
$26.6M
Free Cash FlowOCF − Capex
$-1.1M
$24.4M
FCF MarginFCF / Revenue
-5.4%
83.6%
Capex IntensityCapex / Revenue
1.2%
7.5%
Cash ConversionOCF / Net Profit
-5.61×
TTM Free Cash FlowTrailing 4 quarters
$-905.0K
$46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OESX
OESX
PCB
PCB
Q4 25
$-897.0K
$26.6M
Q3 25
$1.8M
$16.4M
Q2 25
$-515.0K
$4.9M
Q1 25
$-699.0K
$2.3M
Q4 24
$3.8M
$39.0M
Q3 24
$498.0K
$11.9M
Q2 24
$-3.0M
$14.6M
Q1 24
$175.0K
$8.2M
Free Cash Flow
OESX
OESX
PCB
PCB
Q4 25
$-1.1M
$24.4M
Q3 25
$1.6M
$16.2M
Q2 25
$-570.0K
$3.8M
Q1 25
$-750.0K
$1.6M
Q4 24
$3.7M
$34.9M
Q3 24
$493.0K
$11.9M
Q2 24
$-3.0M
$12.8M
Q1 24
$144.0K
$6.0M
FCF Margin
OESX
OESX
PCB
PCB
Q4 25
-5.4%
83.6%
Q3 25
7.9%
53.2%
Q2 25
-2.9%
13.1%
Q1 25
-3.6%
6.0%
Q4 24
19.1%
133.2%
Q3 24
2.5%
46.8%
Q2 24
-15.0%
53.1%
Q1 24
0.5%
25.2%
Capex Intensity
OESX
OESX
PCB
PCB
Q4 25
1.2%
7.5%
Q3 25
1.3%
0.8%
Q2 25
0.3%
3.7%
Q1 25
0.2%
2.8%
Q4 24
0.1%
15.5%
Q3 24
0.0%
0.1%
Q2 24
0.1%
7.3%
Q1 24
0.1%
9.3%
Cash Conversion
OESX
OESX
PCB
PCB
Q4 25
-5.61×
Q3 25
1.44×
Q2 25
0.54×
Q1 25
0.30×
Q4 24
Q3 24
1.52×
Q2 24
2.33×
Q1 24
0.11×
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OESX
OESX

Lighting Product And Installation$11.9M56%
Electric Vehicle Charging Systems$4.7M22%
Maintenance Services$4.4M21%

PCB
PCB

Segment breakdown not available.

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