10-K · March 5, 2026
Acorn Energy’s 2025 results were driven entirely by its OmniMetrix subsidiary, with OmniMetrix revenue rising to $11,478,000 in 2025 from $10,986,000 in 2024 and gross margin expanding from 73% to 77%. Management…
Earnings analysis · 10-Q
ACFN earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Acorn Energy reported a significant decline in Q1 2026, with revenues of $2.227M, dropping 28.1% year-over-year from $3.098M in Q1 2025. Despite increased gross margins at 80.2%, the company posted a net loss of $77,000…
Read full summary
Acorn Energy reported a significant decline in Q1 2026, with revenues of $2.227M, dropping 28.1% year-over-year from $3.098M in Q1 2025. Despite increased gross margins at 80.2%, the company posted a net loss of $77,000 compared to a net income of $464,000 in the prior year. Management expects limited near-term revenue contribution from a strategic partnership effective January 1, 2026 with AIO Systems.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.01
- Segment
- Power Generation
- Segment
- Cathodic Protection
What stood out
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Revenue Decline
Total revenue for Q1 2026 was $2.227M, down 28.1% from $3.098M in Q1 2025.
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Gross Margin Improvement
Gross margin increased to 80.2% in Q1 2026 from 75.1% in Q1 2025.
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Backlog Information
OmniMetrix backlog as of March 31, 2026, was $3.269M, down from $3.955M at the same time last year.
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R&D Expense Reduction
R&D expenses decreased to $255,000 in Q1 2026 from $291,000 in Q1 2025.
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Cash Position
As of March 31, 2026, Acorn had cash reserves of $4.257M and working capital of $3.115M.
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Operating Loss
Acorn incurred an operating loss of $129,000 in Q1 2026 versus an operating income of $604,000 in Q1 2025.
What to watch
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Significant Revenue Decline
Hardware revenue dropped 55.7%, contributing to the overall revenue decrease.
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Customer Concentration Risk
42% of accounts receivable remains concentrated with a single customer, raising risks of cash flow disruptions.
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Internal Control Weaknesses
Management continues to report material weaknesses in internal controls that could affect financial reporting.
Management's outlook
Management expects limited near-term revenue contribution from the AIO Systems partnership as integration and expansion efforts progress.
Earlier filings 4
10-Q · November 6, 2025
Acorn Energy reported revenue of $2,478,000 and diluted EPS of $0.10 for Q3 2025. Revenue and operating income declined versus the prior-year quarter (revenue down $572,000 YoY; operating income down $597,000 YoY) while…
10-Q · August 7, 2025
Acorn Energy reported strong quarter-to-quarter growth: Q2 revenue was $3,525,000 (vs. $2,275,000 in Q2 2024) with gross margin of 74.9% and operating margin of 26.9%, producing diluted EPS of $0.28. Cash increased to…
10-Q · May 8, 2025
Acorn Energy reported Q1 2025 revenue of $3.098M, up sharply vs. Q1 2024 ($2.132M), with gross margin of 75.1% and operating income of $604k. The company generated positive operating cash flow ($271k) and implied free…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.