Saturday 17 October 2026 Export ACFN’s income statement to Excel — free account

Acorn Energy Inc.

ACFN Technology Scientific & Technical Instruments

Acorn Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.5 million, up 4.48% from fiscal 2024. In the quarter to June 2026, revenue fell 29.4%, EPS fell 58.6% and free cash flow fell 104.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

18.33 0.41 −2.19%

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Market cap: $47.0M
P/E: 29.6×
Fwd P/E: —
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: −2.75
Dividend safety: n/a

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 40.19%

Capital & Financial Ratios $m

Market Cap 47.03

Revenue 9.57

Net Income 1.57

Free Cash Flow 1.21

Net Debt (4.48)

Current Ratio 2.12

Debt/Equity 0.00

P/E ratio 29.56

Fwd P/E —

P/S ratio 4.80

P/B ratio 5.20

Past 5Y EPS Growth 100.44%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 46.95%

10-year low 10-year high

P/S against its own 10 years 95.10%

10-year low 10-year high

P/B against its own 10 years 38.07%

10-year low 10-year high

EV/Sales against its own 10 years 94.25%

10-year low 10-year high

EV/FCF against its own 10 years 31.94%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1	2	4	4
Receivables	1	2	1	1
Inventory	1	0	1	1
Other	0	0	0	0
	4	5	7	7

	2023	2024	2025	Q'26
Payables	0	0	0	0
ST’ Debt	—	—	—	—
Other	0	0	0	0
	5	4	4	3

Compound Annual Growth %

	10y	5y	3y
Sales	(3.59%)	14.15%	17.92%
Cash Flow	0.00%	35.12%	307.00%
Earnings	0.00%	105.19%	0.00%
Book Value	17.50%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2	2	—	—	—
’25	3	4	2	2	11
’24	2	2	3	4	11
’23	2	2	2	2	8
’22	2	2	2	2	7
’21	2	2	2	2	7
’20	1	1	2	2	6

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Year
’26	0	—	—	—
’25	1	1	0	2
’24	0	1	0	1
’23	0	0	0	0
’22	0	0	0	0
’21	0	0	0	0
’20	0	0	0	0

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Year
’26	0	—	—	—
’25	1	1	0	2
’24	0	1	0	1
’23	0	0	0	0
’22	(1)	0	0	0
’21	0	0	0	0
’20	0	0	0	0

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.03)	0.12	—	—	—
’25	0.19	0.28	0.10	0.42	0.99
’24	0.03	0.11	0.29	2.08	2.51
’23	(0.03)	0.04	0.01	0.03	0.05
’22	(0.05)	(0.09)	(0.08)	(0.03)	(0.25)
’21	0.00	0.00	0.01	(0.03)	0.00
’20	(0.11)	(0.01)	(0.01)	0.17	0.03

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	1.12	2.40	2.40	3.20	1.76	5.92	4.16	4.00	5.76	12.42	Analyst estimates 2026–2028 Powerpack
	High	7.84	8.96	7.20	7.20	8.00	11.20	10.08	8.50	19.35	33.00
People
People	Employees	82	21	22	23	23	25	28	25	26	27
	Revenue/emp, $m	0.11	0.21	0.23	0.24	0.26	0.27	0.25	0.32	0.42	0.43
Income, $m
Income, $m	Revenue	9	4	5	5	6	7	7	8	11	11
	Gross margin, %	40.71	56.25	61.37	65.39	69.76	72.30	72.44	74.50	72.81	76.80
	EBT	0	(2)	(1)	(1)	0	0	(1)	0	2	2
	EBT margin, %	(0.95)	(49.24)	(29.09)	(12.70)	1.28	(0.19)	(9.01)	1.71	18.30	18.38
	Net income	0	(1)	(2)	(1)	0	0	(1)	0	6	3
	Depreciation	0	0	0	0	0	0	0	0	0	0
Per share, $
Per share, $	Revenue	4.86	2.37	2.76	2.47	2.39	2.73	2.82	3.24	4.42	4.60
	Earnings	0.16	(0.64)	(1.12)	(0.32)	0.03	0.00	(0.25)	0.05	2.53	1.01
	Cash flow	(2.54)	(0.91)	(1.31)	(0.55)	0.19	0.05	0.01	0.03	0.36	0.84
	Capex	(0.02)	0.00	0.00	(0.07)	0.00	0.00	0.00	0.00	0.00	(0.01)
	Free cash flow	(2.56)	(0.91)	(1.31)	(0.62)	0.19	0.05	0.01	0.03	0.36	0.83
	Book value	1.06	0.41	(0.67)	(0.29)	(0.21)	(0.19)	(0.41)	(0.33)	2.24	3.33
	Shares, m	2	2	2	2	2	2	2	2	2	2
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	193.46	0.00	0.00	144.57	7.07	14.95
	P/S	0.63	1.42	1.51	2.39	2.48	3.69	2.21	2.05	4.05	3.28
	P/B	2.87	8.22	0.00	0.00	0.00	0.00	0.00	0.00	7.98	4.53
	EV/Sales	0.16	0.53	1.74	2.61	2.21	3.50	2.07	1.93	3.88	2.94
	EV/FCF	(0.30)	(1.36)	(3.60)	(10.35)	48.09	(279.35)	(30.20)	(45.02)	52.11	16.29
Cash, $m
Cash, $m	Operating cash flow	(5)	(2)	(2)	(1)	0	0	0	0	1	2
	Capex	0	—	—	0	—	—	—	—	0	0
	Free cash flow	(5)	(2)	(2)	(1)	0	0	0	0	1	2
Balance, $m
Balance, $m	Working capital	4	1	(1)	0	0	0	(1)	(1)	1	3
	Total debt	—	—	—	—	—	—	—	—	—	—
	Net debt	(6)	(6)	(1)	(1)	(2)	(2)	(1)	(1)	(2)	(4)
	Shareholders’ equity	2	1	(1)	(1)	(1)	0	(1)	(1)	6	8
Returns, %
Returns, %	ROA	0.86	(12.66)	(30.45)	(13.88)	1.35	(0.37)	(10.53)	2.08	78.45	20.98
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	37.25	32.19
	ROE	8.18	(88.59)	837.24	65.92	(11.86)	4.29	86.01	(12.96)	265.01	36.14

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SOTK Sono-Tek Corporation	$96.0M	50.0×	46.5×	+1.35% (above 0%: growing)	−22.33% (below 0%: shrinking)	+290.80% (above 0%: growing)	52.88%	7.29%	Compare
LGL LGL Group, Inc. (The)	$84.5M	— (loss-making)	— (loss-making)	+24.78% (above 0%: growing)	n/m	−106.84% (below 0%: shrinking)	66.96%	(38.77%)	Compare
WRAP Wrap Technologies, Inc.	$84.3M	— (loss-making)	— (loss-making)	+102.77% (above 0%: growing)	n/m	−21.30% (below 0%: shrinking)	75.29%	(109.70%)	Compare
ARBE Arbe Robotics Ltd.	$62.4M	— (loss-making)	— (loss-making)	+156.57% (above 0%: growing)	n/m	−1.18% (below 0%: shrinking)	(0.85%)	(1,398.86%)	Compare
GNSS Genasys Inc.	$58.8M	— (loss-making)	56.4×	−25.99% (below 0%: shrinking)	n/m	+50.14% (above 0%: growing)	57.09%	(55.33%)	Compare
ACFN Acorn Energy Inc.	$47.0M	29.6×	—	−29.39% (below 0%: shrinking)	−58.62% (below 0%: shrinking)	−104.72% (below 0%: shrinking)	82.36%	15.07%
ODYS Odysight.ai Inc.	$43.1M	— (loss-making)	— (loss-making)	+16.02% (above 0%: growing)	n/m	−7.02% (below 0%: shrinking)	37.86%	(1,078.81%)	Compare
MIND MIND Technology, Inc.	$38.9M	— (loss-making)	— (loss-making)	−58.54% (below 0%: shrinking)	n/m	−41.54% (below 0%: shrinking)	37.18%	(31.95%)	Compare
MVIS Microvision, Inc.	$37.6M	— (loss-making)	— (loss-making)	+850.32% (above 0%: growing)	n/m	−50.34% (below 0%: shrinking)	43.58%	(1,643.65%)	Compare
Median of peers	$60.6M	—	—	+20.40%	—	−14.16%	48.23%	(82.51%)

All 34 Scientific & Technical Instruments stocks →

Acorn Energy Inc. (ACFN) key facts

Strength: Acorn Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.5 million, up 4.48% from fiscal 2024.
Acorn Energy Inc. (ACFN) is a Scientific & Technical Instruments company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, ACFN traded at $18.33, a market capitalization of $47.0 million.
Return on equity was 36.1% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.