ACFN · Acorn Energy, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.23M | - | $2.48M | $3.52M | $3.10M | - | $3.05M | $2.27M | $2.13M | - |
| Cost of Revenue | $442.0K | - | $533.0K | $886.0K | $772.0K | - | $863.0K | $610.0K | $541.0K | - |
| Gross Profit | $1.78M | - | $1.95M | $2.64M | $2.33M | - | $2.19M | $1.67M | $1.59M | - |
| R&D | $255.0K | - | $267.0K | $265.0K | $291.0K | - | $234.0K | $226.0K | $238.0K | - |
| SG&A | $1.66M | - | $1.52M | $1.43M | $1.43M | - | $1.20M | $1.18M | $1.27M | - |
| Total Operating Expenses | $1.91M | - | $1.79M | $1.69M | $1.72M | - | $1.43M | $1.41M | $1.51M | - |
| D&A | $30.0K | - | - | - | $30.0K | - | $33.0K | $30.0K | $28.0K | - |
| Operating Income | ($129.0K) | - | $159.0K | $947.0K | $604.0K | - | $756.0K | $258.0K | $78.0K | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($25.0K) | - | ($65.0K) | $242.0K | $154.0K | - | $42.0K | - | $25.0K | - |
| Net Income | ($77.0K) | - | $252.0K | $720.0K | $464.0K | - | $725.0K | $271.0K | $65.0K | - |
| EPS - Basic | ($0.03) | - | $0.10 | $0.29 | $0.19 | - | $0.29 | $0.11 | $0.03 | - |
| EPS - Diluted | ($0.03) | - | $0.10 | $0.28 | $0.19 | - | $0.29 | $0.11 | $0.03 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.26M | $4.45M | $4.17M | $3.25M | $2.59M | $2.33M | $2.15M | $1.46M | $1.42M | $1.45M |
| Accounts Receivable | $840.0K | $887.0K | $1.00M | $2.14M | $2.06M | $1.93M | $894.0K | $540.0K | $487.0K | $536.0K |
| Inventory | $1.20M | $1.25M | $1.17M | $953.0K | $920.0K | $436.0K | $659.0K | $731.0K | $788.0K | $962.0K |
| Accounts Payable | $213.0K | $306.0K | $348.0K | $424.0K | $684.0K | $297.0K | $313.0K | $288.0K | $208.0K | $288.0K |
| Current Assets | $6.59M | $6.95M | $6.71M | $6.83M | $6.17M | $5.40M | $4.53M | $3.73M | $3.69M | $4.04M |
| Total Assets | $13.13M | $13.33M | $12.43M | $12.54M | $11.13M | $10.60M | $5.40M | $4.77M | $4.88M | $5.45M |
| Current Liabilities | $3.48M | $3.80M | $3.92M | $4.10M | $4.44M | $4.28M | $4.25M | $4.16M | $4.31M | $4.61M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.68M | $5.02M | $5.20M | $5.62M | $5.02M | $5.02M | $5.09M | $5.20M | $5.60M | $6.28M |
| Stockholders' Equity | $8.38M | $8.25M | $7.17M | $6.87M | $6.07M | $5.54M | $288.0K | ($451.0K) | ($733.0K) | ($838.0K) |
| Retained Earnings | ($92.42M) | ($92.34M) | ($93.42M) | ($93.67M) | ($94.39M) | ($94.85M) | ($100.09M) | ($100.81M) | ($101.08M) | ($101.15M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.0K | - | - | - | $271.0K | - | - | - | ($43.0K) | - |
| Investing Cash Flow | ($260.0K) | - | - | - | ($6.0K) | - | - | - | ($2.0K) | - |
| Financing Cash Flow | $10.0K | - | - | - | - | - | - | - | $13.0K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 80.2% | - | 78.5% | 74.9% | 75.1% | - | 71.7% | 73.2% | 74.6% | - |
| Operating margin | -5.8% | - | 6.4% | 26.9% | 19.5% | - | 24.8% | 11.3% | 3.7% | - |
| EBITDA margin | -4.4% | - | - | - | 20.5% | - | 25.9% | 12.7% | 5.0% | - |
| Net margin | -3.5% | - | 10.2% | 20.4% | 15.0% | - | 23.8% | 11.9% | 3.0% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 11.5% | - | 10.8% | 7.5% | 9.4% | - | 7.7% | 9.9% | 11.2% | - |
| SG&A / Revenue | 74.5% | - | 61.3% | 40.5% | 46.2% | - | 39.2% | 51.9% | 59.8% | - |
| Effective tax rate | - | - | -34.8% | 25.2% | 24.9% | - | 5.5% | - | 27.8% | - |
| Return on assets | -0.6% | - | 2.0% | 5.7% | 4.2% | - | 13.4% | 5.7% | 1.3% | - |
| Return on equity | -0.9% | - | 3.5% | 10.5% | 7.7% | - | 251.7% | -60.1% | -8.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.90 | 1.83 | 1.71 | 1.67 | 1.39 | 1.26 | 1.07 | 0.90 | 0.86 | 0.88 |
| Quick ratio | 1.55 | 1.50 | 1.41 | 1.43 | 1.18 | 1.16 | 0.91 | 0.72 | 0.67 | 0.67 |
| Cash ratio | 1.22 | 1.17 | 1.06 | 0.79 | 0.58 | 0.54 | 0.51 | 0.35 | 0.33 | 0.31 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.57 | 1.62 | 1.73 | 1.83 | 1.84 | 1.91 | 18.76 | -10.57 | -6.66 | -6.50 |
| Liabilities / Assets | 0.36 | 0.38 | 0.42 | 0.45 | 0.45 | 0.47 | 0.94 | 1.09 | 1.15 | 1.15 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.20 | 0.28 | 0.28 | - | 0.56 | 0.48 | 0.44 | - |
| Inventory turnover | 0.37 | - | 0.46 | 0.93 | 0.84 | - | 1.31 | 0.83 | 0.69 | - |
| Days sales outstanding | 138d | - | 148d | 222d | 243d | - | 107d | 87d | 83d | - |
| Days inventory outstanding | 988d | - | 801d | 393d | 435d | - | 279d | 437d | 532d | - |
| Days payable outstanding | 176d | - | 238d | 175d | 323d | - | 132d | 172d | 140d | - |
| Cash conversion cycle | 949d | - | 711d | 440d | 354d | - | 253d | 352d | 475d | - |
| Valuation | ||||||||||
| P / E | - | - | 229.5x | 98.3x | 82.8x | - | 34.1x | 88.6x | 233.3x | - |
| P / B | 5.1x | - | 8.2x | 10.2x | 6.5x | - | 86.3x | - | - | - |
| P / S | 19.1x | - | 23.7x | 19.8x | 12.7x | - | 8.2x | 10.7x | 8.2x | - |
| EV / EBITDA | - | - | - | - | 57.9x | - | 28.8x | 79.8x | 151.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -28.1% | - | -18.8% | 54.9% | 45.3% | - | 46.1% | 15.3% | 21.9% | - |
| Revenue CAGR (3y) | 8.4% | - | 11.6% | 29.6% | 20.9% | - | 21.4% | 12.2% | 7.7% | - |
| Revenue CAGR (5y) | 5.5% | - | 10.3% | 19.1% | 18.3% | - | 17.1% | 10.6% | 12.0% | - |
| Gross profit growth (YoY) | -23.3% | - | -11.1% | 58.5% | 46.2% | - | 41.1% | 11.7% | 20.9% | - |
| Operating income growth (YoY) | - | - | -79.0% | 267.1% | 674.4% | - | 9350.0% | 210.8% | - | - |
| Net income growth (YoY) | - | - | -65.2% | 165.7% | 613.8% | - | 2920.8% | 182.3% | - | - |
| EPS growth (YoY) | - | - | -65.5% | 154.5% | 533.3% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 38.2% | 48.9% | 2390.6% | - | - | - | - | 53.6% | 32.1% | 17.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$11.48M totalPG$10.74M · 93.6%
CP$737.0K · 6.4%
Product / service
$13.99M totalHardware$5.42M · 38.8%
Monitoring$5.32M · 38.0%
Hardware Under Material Contract$2.29M · 16.4%
Other Revenue Related To Accessories Repairs And Other Miscellaneous Charges$956.0K · 6.8%
Geographic
$11.48M totalUS$11.44M · 99.6%
Non Us$41.0K · 0.4%
Peer comparison
Same SIC group: Services-Engineering Services
Comparing ACORN ENERGY against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 15, 2013 | $0.5600 |
| Nov 13, 2012 | $0.5600 |
| Aug 15, 2012 | $0.5600 |
| May 11, 2012 | $0.5600 |
| Feb 15, 2012 | $0.5600 |
| Dec 28, 2011 | $0.8000 |
| Nov 14, 2011 | $0.5600 |