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ORION ENERGY SYSTEMS, INC.（OESX）与PicoCELA Inc.（PCLA）财务数据对比。点击上方公司名可切换其他公司
PicoCELA Inc.的季度营收约是ORION ENERGY SYSTEMS, INC.的12.0倍（$252.6M vs $21.1M）。ORION ENERGY SYSTEMS, INC.净利率更高（0.8% vs -125.2%，领先126.0%）。ORION ENERGY SYSTEMS, INC.自由现金流更多（$-1.1M vs $-256.6M）
猎户座能源系统公司是一家美国企业，主营LED照明产品与智能控制系统，公司最初创立于威斯康星州普利茅斯，目前总部设于威斯康星州马尼托沃克。
PicoCELA Inc.是一家专注于低功耗高可靠性无线连接解决方案的科技企业，主营Wi-Fi HaLow模块、边缘网络基础设施等产品，服务工业物联网、智慧城市、零售、智能家居等领域，业务覆盖亚洲、北美及欧洲核心市场。
OESX vs PCLA — 直观对比
营收规模更大
PCLA
是对方的12.0倍
$21.1M
净利率更高
OESX
高出126.0%
-125.2%
自由现金流更多
OESX
多$255.4M
$-256.6M
损益表 — Q3 2026 vs Q2 2025
| 指标 | | |
|---|---|---|
| 营收 | $21.1M | $252.6M |
| 净利润 | $160.0K | $-316.2M |
| 毛利率 | 30.9% | — |
| 营业利润率 | 1.8% | -114.8% |
| 净利率 | 0.8% | -125.2% |
| 营收同比 | 7.7% | — |
| 净利润同比 | 110.6% | — |
| 每股收益（稀释后） | $0.04 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收OESXPCLA
| Q4 25 | $21.1M | — | ||
| Q3 25 | $19.9M | — | ||
| Q2 25 | $19.6M | — | ||
| Q1 25 | $20.9M | $252.6M | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $19.4M | — | ||
| Q2 24 | $19.9M | — | ||
| Q1 24 | $26.4M | — |
净利润OESXPCLA
| Q4 25 | $160.0K | — | ||
| Q3 25 | $-581.0K | — | ||
| Q2 25 | $-1.2M | — | ||
| Q1 25 | $-2.9M | $-316.2M | ||
| Q4 24 | $-1.5M | — | ||
| Q3 24 | $-3.6M | — | ||
| Q2 24 | $-3.8M | — | ||
| Q1 24 | $1.6M | — |
毛利率OESXPCLA
| 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% | — |
营业利润率OESXPCLA
| Q4 25 | 1.8% | — | ||
| Q3 25 | -1.2% | — | ||
| Q2 25 | -5.2% | — | ||
| Q1 25 | -12.7% | -114.8% | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | -16.9% | — | ||
| Q2 24 | -17.2% | — | ||
| Q1 24 | 6.8% | — |
净利率OESXPCLA
| Q4 25 | 0.8% | — | ||
| Q3 25 | -2.9% | — | ||
| Q2 25 | -6.4% | — | ||
| Q1 25 | -13.9% | -125.2% | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | -18.7% | — | ||
| Q2 24 | -18.9% | — | ||
| Q1 24 | 6.1% | — |
每股收益（稀释后）OESXPCLA
| Q4 25 | $0.04 | — | ||
| Q3 25 | $-0.17 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $1.32 | — | ||
| Q4 24 | $-0.46 | — | ||
| Q3 24 | $-1.10 | — | ||
| Q2 24 | $-0.12 | — | ||
| Q1 24 | $0.06 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.7M | $456.8M |
| 总债务越低越好 | $9.8M | — |
| 股东权益账面价值 | $11.8M | $354.8M |
| 总资产 | $48.3M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.83× | — |
8季度趋势，按日历期对齐
现金及短期投资OESXPCLA
| Q4 25 | $4.7M | — | ||
| Q3 25 | $5.2M | — | ||
| Q2 25 | $3.6M | — | ||
| Q1 25 | $6.0M | $456.8M | ||
| Q4 24 | $7.5M | — | ||
| Q3 24 | $5.4M | — | ||
| Q2 24 | $5.7M | — | ||
| Q1 24 | $5.2M | — |
总债务OESXPCLA
| 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 | — |
股东权益OESXPCLA
| Q4 25 | $11.8M | — | ||
| Q3 25 | $11.4M | — | ||
| Q2 25 | $10.8M | — | ||
| Q1 25 | $11.9M | $354.8M | ||
| Q4 24 | $14.5M | — | ||
| Q3 24 | $15.8M | — | ||
| Q2 24 | $19.1M | — | ||
| Q1 24 | $22.5M | — |
总资产OESXPCLA
| Q4 25 | $48.3M | — | ||
| Q3 25 | $47.9M | — | ||
| Q2 25 | $49.0M | — | ||
| Q1 25 | $52.5M | $1.2B | ||
| Q4 24 | $52.7M | — | ||
| Q3 24 | $56.3M | — | ||
| Q2 24 | $59.8M | — | ||
| Q1 24 | $63.2M | — |
负债/权益比OESXPCLA
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-897.0K | $-245.6M |
| 自由现金流经营现金流 - 资本支出 | $-1.1M | $-256.6M |
| 自由现金流率自由现金流/营收 | -5.4% | -101.6% |
| 资本支出强度资本支出/营收 | 1.2% | 4.3% |
| 现金转化率经营现金流/净利润 | -5.61× | — |
| 过去12个月自由现金流最近4个季度 | $-905.0K | — |
8季度趋势，按日历期对齐
经营现金流OESXPCLA
| Q4 25 | $-897.0K | — | ||
| Q3 25 | $1.8M | — | ||
| Q2 25 | $-515.0K | — | ||
| Q1 25 | $-699.0K | $-245.6M | ||
| Q4 24 | $3.8M | — | ||
| Q3 24 | $498.0K | — | ||
| Q2 24 | $-3.0M | — | ||
| Q1 24 | $175.0K | — |
自由现金流OESXPCLA
| Q4 25 | $-1.1M | — | ||
| Q3 25 | $1.6M | — | ||
| Q2 25 | $-570.0K | — | ||
| Q1 25 | $-750.0K | $-256.6M | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $493.0K | — | ||
| Q2 24 | $-3.0M | — | ||
| Q1 24 | $144.0K | — |
自由现金流率OESXPCLA
| Q4 25 | -5.4% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | -2.9% | — | ||
| Q1 25 | -3.6% | -101.6% | ||
| Q4 24 | 19.1% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | -15.0% | — | ||
| Q1 24 | 0.5% | — |
资本支出强度OESXPCLA
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.2% | 4.3% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.1% | — |
现金转化率OESXPCLA
| Q4 25 | -5.61× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.11× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
OESX
| Lighting Product And Installation | $11.9M | 56% |
| Electric Vehicle Charging Systems | $4.7M | 22% |
| Maintenance Services | $4.4M | 21% |
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
