Financials · ACFN

Acorn Energy Inc. (ACFN) financials

For the twelve months ended Sep 30, 2026, Acorn Energy Inc. reported $9.68M of revenue and $2.24M of net income.

Revenue, TTM
$9.68M
Revenue growth, YoY
-23.3%
Net income, TTM
$2.24M
Net income growth, YoY
-66.5%
Net margin
23.2%
EPS, diluted, TTM
$0.88
EPS growth, YoY
-66.8%
Cash
$4.46M
P/E
17.47
P/S
4.05
Market cap
$39.2M
Annual revenue$11.48M
FY2016FY2025
Annual net income$2.51M
FY2016FY2025

ACFN revenue and earnings growth

ACFN revenueQ3 2026$2.59M

Quarter YoY
+4.6%
QoQ
+4.1%
FY YoY
+4.5%
5Y CAGR
+14.2%
10Y CAGR
-3.6%

ACFN revenue was $2.59M in fiscal Q3 2026 (ended Sep 30, 2026), up 4.6% from a year earlier and up 4.1% from the prior quarter. For the full fiscal 2025 it was $11.48M, up 4.5% from fiscal 2024. Compound annual growth was +14.2% over 5 years and -3.6% over 10 years. It rose in 8 of the last 10 fiscal years.

ACFN net incomeQ3 2026$940.0K

Quarter YoY
+273.0%
QoQ
+211.3%
FY YoY
-60.1%
5Y CAGR
+105.2%

ACFN net income was $940.0K in fiscal Q3 2026 (ended Sep 30, 2026), up 273.0% from a year earlier and up 211.3% from the prior quarter. For the full fiscal 2025 it was $2.51M, down 60.1% from fiscal 2024. Compound annual growth was +105.2% over 5 years.

ACFN EPSQ3 2026$0.37

Quarter YoY
+270.0%
QoQ
+208.3%
FY YoY
-60.6%

ACFN diluted EPS was $0.37 in fiscal Q3 2026 (ended Sep 30, 2026), up 270.0% from a year earlier and up 208.3% from the prior quarter. For the full fiscal 2025 it was $0.99, down 60.6% from fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$11.48M$10.99M$8.06M$7.00M$6.78M$5.92M$5.49M$5.09M$4.35M$8.66M
Cost of revenue$2.66M$2.99M$2.06M$1.93M$1.88M$1.79M$1.90M$1.97M$1.90M$5.13M
Gross profit$8.81M$8.00M$6.00M$5.07M$4.90M$4.13M$3.59M$3.12M$2.45M$3.52M
Research and development$1.09M$1.01M$875.0K$845.0K$739.0K$619.0K$559.0K$542.0K$518.0K$927.0K
Selling, general and admin$5.73M$5.05M$5.05M$4.80M$4.17M$3.82M$3.73M$3.99M$3.84M$5.65M
Operating income$1.99M$1.94M$74.0K-$629.0K-$8.0K-$310.0K-$699.0K-$1.41M-$1.91M-$3.05M
Interest expense----$1.0K$28.0K-$21.0K$107.0K-
Pre-tax income$2.11M$2.01M$138.0K-$631.0K-$13.0K$76.0K-$697.0K-$1.48M-$2.14M-$82.0K
Income tax-$434.0K-$4.31M$9.0K-----$41.0K$19.0K
Net income$2.51M$6.29M$119.0K-$633.0K-$21.0K$69.0K-$618.0K-$2.00M-$1.17M$145.0K
EPS, basic$1.01$2.53$0.05-$0.25$0.00$0.00-$0.02-$0.07-$0.04$0.01
EPS, diluted$0.99$2.51$0.05-$0.25$0.00$0.00-$0.02-$0.07-$0.04$0.01
Diluted shares2.5M2.5M2.5M2.5M39,68839.7M35.5M29.5M29.4M28.5M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$4.45M$2.33M$1.45M$1.45M$1.72M$2.06M$1.25M$973.0K$481.0K$241.0K
Receivables$887.0K$1.93M$536.0K$597.0K$876.0K$608.0K$962.0K$665.0K$1.10M$1.00M
Inventory$1.25M$436.0K$962.0K$789.0K$617.0K$236.0K$291.0K$261.0K$229.0K$202.0K
Current assets$6.95M$5.40M$4.04M$4.01M$4.24M$3.80M$3.43M$3.14M$8.70M$8.72M
Total assets$13.33M$10.60M$5.45M$5.98M$6.04M$5.20M$4.98M$3.92M$9.22M$9.24M
Current liabilities$3.80M$4.28M$4.61M$4.57M$4.30M$3.89M$3.59M$3.79M$7.52M$5.19M
Short-term debt-----$149.0K$136.0K-$313.0K$376.0K
Total liabilities$5.02M$5.02M$6.28M$7.00M$6.50M$5.72M$5.63M$5.15M$8.47M$7.35M
Shareholders' equity$8.25M$5.58M-$826.0K-$1.01M-$461.0K-$519.0K-$645.0K-$1.23M$752.0K$1.89M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$2.09M$905.0K$72.0K$31.0K$132.0K$464.0K-$1.22M-$2.42M-$1.68M-$4.52M
Capital expenditures---------$33.0K
Free cash flow----------$4.55M
Investing cash flow-$33.0K-$56.0K-$78.0K-$308.0K-$324.0K-$101.0K-$1.11M$5.26M$679.0K$5.06M
Financing cash flow$71.0K$28.0K$5.0K$5.0K-$149.0K$453.0K$2.32M-$2.05M$1.24M-$484.0K
Stock-based compensation$129.0K$56.0K$55.0K$80.0K$75.0K$35.0K$22.0K$26.0K$22.0K$89.0K
Depreciation and amortization$115.0K$121.0K$161.0K$122.0K$75.0K$22.0K$56.0K$66.0K$75.0K$146.0K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY4.5%36.3%15.1%3.3%14.4%7.9%7.9%16.9%-49.8%-47.7%
Net income growth, YoY-60.1%5189.1%--------
EPS growth, YoY-60.6%4920.0%--------
Gross margin76.8%72.8%74.5%72.4%72.3%69.8%65.4%61.4%56.3%40.7%
Operating margin17.3%17.6%0.9%-9.0%-0.1%-5.2%-12.7%-27.6%-43.9%-35.3%
Net margin21.9%57.3%1.5%-9.0%-0.3%1.2%-11.3%-39.3%-26.9%1.7%
Free cash flow margin----------52.6%
Return on equity30.4%112.9%-------155.5%7.7%
Return on assets18.8%59.4%2.2%-10.6%-0.3%1.3%-12.4%-51.1%-12.7%1.6%
Current ratio1.831.260.880.880.990.980.950.831.161.68

Source: XBRL data Acorn Energy Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ACFN peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ACFN$9.68M-23.3%$2.24M23.2%$39.2M
LMT$79.12B+7.9%$6.51B8.2%$135.87B
TDG$10.01B+16.6%$2.13B21.3%$67.37B
FER€9.63B+5.2%€888.00M9.2%$44.17B
RKLB$881.90M+59.0%-$226.88M-25.7%$36.95B
ESLT$7.94B+16.3%$534.34M6.7%$33.58B
J$14.22B+20.1%$338.43M2.4%$18.30B
TTEK$5.07B-7.6%$435.98M8.6%$10.52B

ACFN FAQ

8 questions
  • What is ACFN revenue?
    Acorn Energy Inc. (ACFN) reported $9.68M of revenue for the twelve months ended Sep 30, 2026. That is down 23.3% from the year before. Revenue for fiscal 2025 was $11.48M.
  • Is ACFN profitable?
    Yes. Acorn Energy Inc. earned $2.24M in net income for the twelve months ended Sep 30, 2026, a net margin of 23.2%.
  • How much cash and debt does ACFN have?
    Acorn Energy Inc. reported $4.46M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ACFN revenue growing?
    Acorn Energy Inc.'s revenue changed +4.5% in fiscal 2025, to $11.48M. Its compound annual growth rate was +14.2% over 5 years and -3.6% over 10 years.
  • What is ACFN gross margin?
    Acorn Energy Inc.'s gross profit was $7.83M on $9.68M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 80.8%.
  • What is ACFN earnings per share?
    Diluted earnings per share were $0.88 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ACFN last report financial results?
    The latest statements here come from Acorn Energy Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this ACFN financial data come from?
    Quantisnow builds these statements from the structured XBRL data Acorn Energy Inc. files with the SEC. It is provided for information only and is not investment advice.