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%
Market cap
$36.5M
P/E
16.5×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
−2.75
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 40.52%

Capital & Financial Ratios $m

Size
Market Cap 36.46
Revenue ttm 9.68
Net income ttm 2.25
Free cash flow ttm 1.56
Net debt Q (4.46)
Valuation
P/E 16.49
Forward P/E —
Price / sales 3.82
Forward P/S Powerpack
Price / FCF 28.24
Price / book 3.73
Financial health
Current ratio Q 1.51 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (75.00)
Growth
Revenue growth Q +4.56% (above 0%: growing)
Operating income growth Q +19.50% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs +100.44% (at or above 15%: strong)
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 31.13%
10-year low 10-year high
P/S against its own 10 years 85.34%
10-year low 10-year high
P/B against its own 10 years 17.40%
10-year low 10-year high
EV/Sales against its own 10 years 80.65%
10-year low 10-year high
EV/FCF against its own 10 years 22.47%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 2 4 4
Receivables 1 2 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 5

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%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.03) 0.12 0.37 — —
’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.

Revenue $m

Mar Jun Sep Dec Year
’26 2 2 3 — —
’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

Mar Jun Sep Dec Year
’26 0 0 1 — —
’25 0 1 1 0 2
’24 0 0 1 0 1
’23 0 0 0 0 0
’22 0 0 0 0 0
’21 0 0 0 0 0
’20 0 0 0 0 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 0 1 — —
’25 0 1 1 0 2
’24 0 0 1 0 1
’23 0 0 0 0 0
’22 0 (1) 0 0 0
’21 0 0 0 0 0
’20 0 0 0 0 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%)

All 33 Scientific & Technical Instruments stocks →

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

Acorn Energy Inc. (ACFN) Latest News

1 Jan

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stockrow.com/ACFN · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com