Saturday 7 November 2026
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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.
- Revenue
- +4.56%
- EPS
- +270.0%
- Free cash flow
- +11.5%
Quarter to September 2026, against a year earlier
14.63
0.10
+0.69%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 9 | 4 | 5 | 5 | 6 | 7 | 7 | 8 | 11 | 11 | 10 | +3.2% | — | — | — | — | |
| Gross margin, % | 40.71 | 56.25 | 61.37 | 65.39 | 69.76 | 72.30 | 72.44 | 74.50 | 72.81 | 76.80 | 80.82 | +36.1 pt | ||||||
| EBT | 0 | (2) | (1) | (1) | 0 | 0 | (1) | 0 | 2 | 2 | 1 | n/m | ||||||
| EBT margin, % | (0.95) | (49.24) | (29.09) | (12.70) | 1.28 | (0.19) | (9.01) | 1.71 | 18.30 | 18.38 | 8.65 | +19.3 pt | ||||||
| Net income | 0 | (1) | (2) | (1) | 0 | 0 | (1) | 0 | 6 | 3 | 2 | n/m | ||||||
| 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 | 3.84 | (0.6%) | |||||
| Earnings | 0.08 | (0.64) | (1.12) | (0.32) | 0.03 | 0.00 | (0.25) | 0.05 | 2.53 | 1.01 | 0.89 | +32.3% | ||||||
| Cash flow | (2.54) | (0.91) | (1.31) | (0.55) | 0.19 | 0.05 | 0.01 | 0.03 | 0.36 | 0.84 | 0.62 | n/m | ||||||
| Capex | (0.02) | 0.00 | 0.00 | (0.07) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 | (13.2%) | ||||||
| Free cash flow | (2.56) | (0.91) | (1.31) | (0.62) | 0.19 | 0.05 | 0.01 | 0.03 | 0.36 | 0.83 | 0.62 | n/m | ||||||
| Book value | 1.06 | 0.41 | (0.67) | (0.29) | (0.21) | (0.19) | (0.41) | (0.33) | 2.24 | 3.33 | 3.93 | +13.6% | ||||||
| Shares, m | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | +3.8% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 193.46 | 0.00 | 0.00 | 144.57 | 7.07 | 14.95 | 16.49 | 36.0 | |||||
| P/S | 0.63 | 1.42 | 1.51 | 2.39 | 2.48 | 3.69 | 2.21 | 2.05 | 4.05 | 3.28 | 3.82 | 2.4 | ||||||
| P/B | 2.87 | 8.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.98 | 4.53 | 3.73 | 2.4 | ||||||
| EV/Sales | 0.16 | 0.53 | 1.74 | 2.61 | 2.21 | 3.50 | 2.07 | 1.93 | 3.88 | 2.94 | 3.41 | 2.2 | ||||||
| EV/FCF | (0.30) | (1.36) | (3.60) | (10.35) | 48.09 | (279.35) | (30.20) | (45.02) | 52.11 | 16.29 | 25.19 | (25.4) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (5) | (2) | (2) | (1) | 0 | 0 | 0 | 0 | 1 | 2 | 2 | n/m | |||||
| Capex | 0 | — | — | 0 | — | — | — | — | 0 | 0 | 0 | (9.8%) | ||||||
| Free cash flow | (5) | (2) | (2) | (1) | 0 | 0 | 0 | 0 | 1 | 2 | 2 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 4 | 1 | (1) | 0 | 0 | 0 | (1) | (1) | 1 | 3 | 2 | (1.2%) | |||||
| Net debt | (6) | (6) | (1) | (1) | (2) | (2) | (1) | (1) | (2) | (4) | (4) | (4.0%) | ||||||
| Shareholders’ equity | 2 | 1 | (1) | (1) | (1) | 0 | (1) | (1) | 6 | 8 | 10 | +17.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.86 | (12.66) | (30.45) | (13.88) | 1.35 | (0.37) | (10.53) | 2.08 | 78.45 | 20.98 | 14.87 | +20.1 pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37.25 | 32.19 | 8.18 | +32.2 pt | ||||||
| ROE | 8.18 | (88.59) | 837.24 | 65.92 | (11.86) | 4.29 | 86.01 | (12.96) | 265.01 | 36.14 | 26.01 | +28.0 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 82 | 21 | 22 | 23 | 23 | 25 | 28 | 25 | 26 | 27 | — | (11.6%) | |||||
| Revenue/emp, $m | 0.11 | 0.21 | 0.23 | 0.24 | 0.26 | 0.27 | 0.25 | 0.32 | 0.42 | 0.43 | — | +16.7% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Acorn Energy Inc. vs peers in Scientific & Technical Instruments (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| LGL LGL Group, Inc. (The) | $82.6M | — (loss-making) | — (loss-making) | +24.78% (above 0%: growing) | n/m | −106.84% (below 0%: shrinking) | 66.96% | (38.77%) | Compare |
| SOTK Sono-Tek Corporation | $68.4M | 36.4× | 47.8× | +1.35% (above 0%: growing) | −33.33% (below 0%: shrinking) | +580.50% (above 0%: growing) | 52.88% | 7.29% | Compare |
| WRAP Wrap Technologies, Inc. | $63.2M | — (loss-making) | — (loss-making) | +102.77% (above 0%: growing) | n/m | −21.30% (below 0%: shrinking) | 75.29% | (109.70%) | Compare |
| GNSS Genasys Inc. | $59.7M | — (loss-making) | — (loss-making) | −25.99% (below 0%: shrinking) | n/m | +50.14% (above 0%: growing) | 57.09% | (55.33%) | Compare |
| ARBE Arbe Robotics Ltd. | $52.6M | — (loss-making) | — (loss-making) | +156.57% (above 0%: growing) | n/m | −1.18% (below 0%: shrinking) | (0.85%) | (1,398.86%) | Compare |
| MVIS Microvision, Inc. | $38.8M | — (loss-making) | — (loss-making) | +895.85% (above 0%: growing) | n/m | +9.71% (above 0%: growing) | 49.96% | (889.29%) | Compare |
| ACFN Acorn Energy Inc. | $36.5M | 16.5× | — | +4.56% (above 0%: growing) | +270.00% (above 0%: growing) | +11.51% (above 0%: growing) | 80.55% | 7.33% | |
| ODYS Odysight.ai Inc. | $35.2M | — (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. | $29.7M | — (loss-making) | — (loss-making) | −58.54% (below 0%: shrinking) | n/m | −41.54% (below 0%: shrinking) | 37.18% | (31.95%) | Compare |
| Median of peers | $56.1M | — | — | +20.40% | — | −4.10% | 51.42% | (82.51%) |
Pay and ownership Proxy statement filed 3 August 2026
Ownership
Directors and executive officers, together
35.61%
Jan H. Loeb
21.15%
Michael F. Osterer
7.34%
Joel Charles Sklar
6.46%
Peter Rabover
5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement