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

ORION ENERGY SYSTEMS, INC. is the larger business by last-quarter revenue ($21.1M vs $13.5M, roughly 1.6× UNITED SECURITY BANCSHARES). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs 0.8%, a 24.4% gap on every dollar of revenue. On growth, UNITED SECURITY BANCSHARES posted the faster year-over-year revenue change (13.6% vs 7.7%). UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $-1.1M). Over the past eight quarters, UNITED SECURITY BANCSHARES's revenue compounded faster (3.0% 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

United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.

OESX vs UBFO — Head-to-Head

Bigger by revenue
OESX
OESX
1.6× larger
OESX
$21.1M
$13.5M
UBFO
Growing faster (revenue YoY)
UBFO
UBFO
+5.9% gap
UBFO
13.6%
7.7%
OESX
Higher net margin
UBFO
UBFO
24.4% more per $
UBFO
25.2%
0.8%
OESX
More free cash flow
UBFO
UBFO
$20.9M more FCF
UBFO
$19.8M
$-1.1M
OESX
Faster 2-yr revenue CAGR
UBFO
UBFO
Annualised
UBFO
3.0%
-10.6%
OESX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
OESX
OESX
UBFO
UBFO
Revenue
$21.1M
$13.5M
Net Profit
$160.0K
$3.4M
Gross Margin
30.9%
Operating Margin
1.8%
31.5%
Net Margin
0.8%
25.2%
Revenue YoY
7.7%
13.6%
Net Profit YoY
110.6%
36.8%
EPS (diluted)
$0.04
$0.18

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
UBFO
UBFO
Q4 25
$21.1M
$13.5M
Q3 25
$19.9M
$14.0M
Q2 25
$19.6M
$12.6M
Q1 25
$20.9M
$13.7M
Q4 24
$19.6M
$11.9M
Q3 24
$19.4M
$13.8M
Q2 24
$19.9M
$13.0M
Q1 24
$26.4M
$12.8M
Net Profit
OESX
OESX
UBFO
UBFO
Q4 25
$160.0K
$3.4M
Q3 25
$-581.0K
$4.0M
Q2 25
$-1.2M
$2.2M
Q1 25
$-2.9M
$2.7M
Q4 24
$-1.5M
$2.5M
Q3 24
$-3.6M
$3.8M
Q2 24
$-3.8M
$4.3M
Q1 24
$1.6M
$4.2M
Gross Margin
OESX
OESX
UBFO
UBFO
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
UBFO
UBFO
Q4 25
1.8%
31.5%
Q3 25
-1.2%
40.3%
Q2 25
-5.2%
24.0%
Q1 25
-12.7%
27.5%
Q4 24
-6.4%
27.5%
Q3 24
-16.9%
37.1%
Q2 24
-17.2%
46.4%
Q1 24
6.8%
45.9%
Net Margin
OESX
OESX
UBFO
UBFO
Q4 25
0.8%
25.2%
Q3 25
-2.9%
28.7%
Q2 25
-6.4%
17.2%
Q1 25
-13.9%
19.6%
Q4 24
-7.7%
20.9%
Q3 24
-18.7%
27.7%
Q2 24
-18.9%
33.0%
Q1 24
6.1%
32.6%
EPS (diluted)
OESX
OESX
UBFO
UBFO
Q4 25
$0.04
$0.18
Q3 25
$-0.17
$0.23
Q2 25
$-0.04
$0.13
Q1 25
$1.32
$0.16
Q4 24
$-0.46
$0.14
Q3 24
$-1.10
$0.22
Q2 24
$-0.12
$0.25
Q1 24
$0.06
$0.24

Balance Sheet & Financial Strength

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

Metric
OESX
OESX
UBFO
UBFO
Cash + ST InvestmentsLiquidity on hand
$4.7M
$264.2M
Total DebtLower is stronger
$9.8M
Stockholders' EquityBook value
$11.8M
$139.7M
Total Assets
$48.3M
$1.2B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OESX
OESX
UBFO
UBFO
Q4 25
$4.7M
$264.2M
Q3 25
$5.2M
$211.1M
Q2 25
$3.6M
$199.5M
Q1 25
$6.0M
$198.4M
Q4 24
$7.5M
$216.9M
Q3 24
$5.4M
$216.8M
Q2 24
$5.7M
$166.3M
Q1 24
$5.2M
$168.6M
Total Debt
OESX
OESX
UBFO
UBFO
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
UBFO
UBFO
Q4 25
$11.8M
$139.7M
Q3 25
$11.4M
$137.4M
Q2 25
$10.8M
$134.3M
Q1 25
$11.9M
$132.9M
Q4 24
$14.5M
$130.4M
Q3 24
$15.8M
$132.9M
Q2 24
$19.1M
$127.3M
Q1 24
$22.5M
$124.2M
Total Assets
OESX
OESX
UBFO
UBFO
Q4 25
$48.3M
$1.2B
Q3 25
$47.9M
$1.2B
Q2 25
$49.0M
$1.2B
Q1 25
$52.5M
$1.2B
Q4 24
$52.7M
$1.2B
Q3 24
$56.3M
$1.3B
Q2 24
$59.8M
$1.2B
Q1 24
$63.2M
$1.2B
Debt / Equity
OESX
OESX
UBFO
UBFO
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
UBFO
UBFO
Operating Cash FlowLast quarter
$-897.0K
$22.1M
Free Cash FlowOCF − Capex
$-1.1M
$19.8M
FCF MarginFCF / Revenue
-5.4%
146.0%
Capex IntensityCapex / Revenue
1.2%
16.8%
Cash ConversionOCF / Net Profit
-5.61×
6.46×
TTM Free Cash FlowTrailing 4 quarters
$-905.0K
$36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OESX
OESX
UBFO
UBFO
Q4 25
$-897.0K
$22.1M
Q3 25
$1.8M
$7.0M
Q2 25
$-515.0K
$8.7M
Q1 25
$-699.0K
$3.0M
Q4 24
$3.8M
$19.6M
Q3 24
$498.0K
$5.4M
Q2 24
$-3.0M
$2.3M
Q1 24
$175.0K
$7.4M
Free Cash Flow
OESX
OESX
UBFO
UBFO
Q4 25
$-1.1M
$19.8M
Q3 25
$1.6M
$6.1M
Q2 25
$-570.0K
$8.1M
Q1 25
$-750.0K
$2.9M
Q4 24
$3.7M
$18.6M
Q3 24
$493.0K
$5.3M
Q2 24
$-3.0M
$2.0M
Q1 24
$144.0K
$7.0M
FCF Margin
OESX
OESX
UBFO
UBFO
Q4 25
-5.4%
146.0%
Q3 25
7.9%
43.7%
Q2 25
-2.9%
64.3%
Q1 25
-3.6%
21.2%
Q4 24
19.1%
156.0%
Q3 24
2.5%
38.1%
Q2 24
-15.0%
15.5%
Q1 24
0.5%
54.8%
Capex Intensity
OESX
OESX
UBFO
UBFO
Q4 25
1.2%
16.8%
Q3 25
1.3%
6.0%
Q2 25
0.3%
4.6%
Q1 25
0.2%
0.9%
Q4 24
0.1%
8.7%
Q3 24
0.0%
0.7%
Q2 24
0.1%
2.2%
Q1 24
0.1%
3.6%
Cash Conversion
OESX
OESX
UBFO
UBFO
Q4 25
-5.61×
6.46×
Q3 25
1.73×
Q2 25
4.01×
Q1 25
1.13×
Q4 24
7.87×
Q3 24
1.40×
Q2 24
0.54×
Q1 24
0.11×
1.79×

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%

UBFO
UBFO

Segment breakdown not available.

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