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Side-by-side financial comparison of ORION ENERGY SYSTEMS, INC. (OESX) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $21.1M, roughly 1.7× ORION ENERGY SYSTEMS, INC.). UNITY BANCORP INC runs the higher net margin — 43.9% vs 0.8%, a 43.1% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs 7.7%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $-1.1M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% 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
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
OESX vs UNTY — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.1M | $35.3M |
| Net Profit | $160.0K | $15.5M |
| Gross Margin | 30.9% | — |
| Operating Margin | 1.8% | 55.8% |
| Net Margin | 0.8% | 43.9% |
| Revenue YoY | 7.7% | 24.2% |
| Net Profit YoY | 110.6% | 34.5% |
| EPS (diluted) | $0.04 | $1.52 |
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.
| Q4 25 | $21.1M | $35.3M | ||
| Q3 25 | $19.9M | $32.8M | ||
| Q2 25 | $19.6M | $34.4M | ||
| Q1 25 | $20.9M | $29.4M | ||
| Q4 24 | $19.6M | $28.4M | ||
| Q3 24 | $19.4M | $27.7M | ||
| Q2 24 | $19.9M | $25.5M | ||
| Q1 24 | $26.4M | $25.6M |
| Q4 25 | $160.0K | $15.5M | ||
| Q3 25 | $-581.0K | $14.4M | ||
| Q2 25 | $-1.2M | $16.5M | ||
| Q1 25 | $-2.9M | $11.6M | ||
| Q4 24 | $-1.5M | $11.5M | ||
| Q3 24 | $-3.6M | $10.9M | ||
| Q2 24 | $-3.8M | $9.5M | ||
| Q1 24 | $1.6M | $9.6M |
| 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% | — |
| Q4 25 | 1.8% | 55.8% | ||
| Q3 25 | -1.2% | 57.5% | ||
| Q2 25 | -5.2% | 62.6% | ||
| Q1 25 | -12.7% | 52.6% | ||
| Q4 24 | -6.4% | 51.0% | ||
| Q3 24 | -16.9% | 52.7% | ||
| Q2 24 | -17.2% | 49.3% | ||
| Q1 24 | 6.8% | 50.0% |
| Q4 25 | 0.8% | 43.9% | ||
| Q3 25 | -2.9% | 43.8% | ||
| Q2 25 | -6.4% | 48.0% | ||
| Q1 25 | -13.9% | 39.5% | ||
| Q4 24 | -7.7% | 40.5% | ||
| Q3 24 | -18.7% | 39.4% | ||
| Q2 24 | -18.9% | 37.1% | ||
| Q1 24 | 6.1% | 37.5% |
| Q4 25 | $0.04 | $1.52 | ||
| Q3 25 | $-0.17 | $1.41 | ||
| Q2 25 | $-0.04 | $1.61 | ||
| Q1 25 | $1.32 | $1.13 | ||
| Q4 24 | $-0.46 | $1.13 | ||
| Q3 24 | $-1.10 | $1.07 | ||
| Q2 24 | $-0.12 | $0.92 | ||
| Q1 24 | $0.06 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.7M | — |
| Total DebtLower is stronger | $9.8M | — |
| Stockholders' EquityBook value | $11.8M | $345.6M |
| Total Assets | $48.3M | $3.0B |
| Debt / EquityLower = less leverage | 0.83× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7M | — | ||
| Q3 25 | $5.2M | — | ||
| Q2 25 | $3.6M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $7.5M | — | ||
| Q3 24 | $5.4M | — | ||
| Q2 24 | $5.7M | — | ||
| Q1 24 | $5.2M | — |
| Q4 25 | $9.8M | — | ||
| Q3 25 | $9.9M | — | ||
| Q2 25 | $8.5M | — | ||
| Q1 25 | $10.3M | — | ||
| Q4 24 | — | $230.8M | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $13.5M | — | ||
| Q1 24 | $10.0M | — |
| Q4 25 | $11.8M | $345.6M | ||
| Q3 25 | $11.4M | $334.0M | ||
| Q2 25 | $10.8M | $319.8M | ||
| Q1 25 | $11.9M | $306.1M | ||
| Q4 24 | $14.5M | $295.6M | ||
| Q3 24 | $15.8M | $284.3M | ||
| Q2 24 | $19.1M | $273.4M | ||
| Q1 24 | $22.5M | $266.8M |
| Q4 25 | $48.3M | $3.0B | ||
| Q3 25 | $47.9M | $2.9B | ||
| Q2 25 | $49.0M | $2.9B | ||
| Q1 25 | $52.5M | $2.8B | ||
| Q4 24 | $52.7M | $2.7B | ||
| Q3 24 | $56.3M | $2.6B | ||
| Q2 24 | $59.8M | $2.6B | ||
| Q1 24 | $63.2M | $2.6B |
| Q4 25 | 0.83× | — | ||
| Q3 25 | 0.87× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | — | 0.78× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-897.0K | $44.9M |
| Free Cash FlowOCF − Capex | $-1.1M | $44.3M |
| FCF MarginFCF / Revenue | -5.4% | 125.7% |
| Capex IntensityCapex / Revenue | 1.2% | 1.6% |
| Cash ConversionOCF / Net Profit | -5.61× | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $-905.0K | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-897.0K | $44.9M | ||
| Q3 25 | $1.8M | $45.5M | ||
| Q2 25 | $-515.0K | $-25.3M | ||
| Q1 25 | $-699.0K | $17.9M | ||
| Q4 24 | $3.8M | $48.0M | ||
| Q3 24 | $498.0K | $17.7M | ||
| Q2 24 | $-3.0M | $-8.4M | ||
| Q1 24 | $175.0K | $15.8M |
| Q4 25 | $-1.1M | $44.3M | ||
| Q3 25 | $1.6M | $45.3M | ||
| Q2 25 | $-570.0K | $-25.5M | ||
| Q1 25 | $-750.0K | $17.6M | ||
| Q4 24 | $3.7M | $47.3M | ||
| Q3 24 | $493.0K | $17.5M | ||
| Q2 24 | $-3.0M | $-8.6M | ||
| Q1 24 | $144.0K | $15.7M |
| Q4 25 | -5.4% | 125.7% | ||
| Q3 25 | 7.9% | 138.1% | ||
| Q2 25 | -2.9% | -74.2% | ||
| Q1 25 | -3.6% | 59.9% | ||
| Q4 24 | 19.1% | 166.5% | ||
| Q3 24 | 2.5% | 63.3% | ||
| Q2 24 | -15.0% | -33.7% | ||
| Q1 24 | 0.5% | 61.4% |
| Q4 25 | 1.2% | 1.6% | ||
| Q3 25 | 1.3% | 0.7% | ||
| Q2 25 | 0.3% | 0.5% | ||
| Q1 25 | 0.2% | 1.0% | ||
| Q4 24 | 0.1% | 2.4% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | 0.1% | 0.5% | ||
| Q1 24 | 0.1% | 0.3% |
| Q4 25 | -5.61× | 2.90× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | -1.54× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | — | 4.17× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | 0.11× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OESX
| Lighting Product And Installation | $11.9M | 56% |
| Electric Vehicle Charging Systems | $4.7M | 22% |
| Maintenance Services | $4.4M | 21% |
UNTY
Segment breakdown not available.
