Acorn Energy, Inc.

Snapshot

Acorn is a tiny, profitable monitoring-hardware company: FY 2025 revenue of $11.5M grew 4.5%, with a healthy 76.8% gross margin and $2.5M in net income.

What's Happening Right Now

• Fri 18th Sep '26 · Governance: At its Sep 16, 2026 annual meeting, shareholders re-elected all five directors and approved a new stock incentive plan and routine auditor ratification.
• Thu 10th Sep '26 · Acquisition: OmniMetrix acquired Generator Solutions' Gen-Tracker monitoring business on Sep 9, 2026 for $3.5M, adding about $1.1M in recurring annual revenue and expected to boost 2027 EPS by at least $0.10.
• Wed 9th Sep '26 · Earnings: Q2 2026 revenue fell 29.4% YoY to $2.49M as a prior-year hardware contract cycled off, but recurring monitoring revenue grew 8% and gross margin expanded to 82.4%; net income was $294,000.
• Wed 9th Sep '26 · 10-Q: First-half 2026 revenue dropped 28.8% to $4.72M on a hardware sales collapse, though management says existing cash is sufficient for at least the next 12 months and the balance sheet carries no borrowings.
• Tue 18th Aug '26 · Ownership: On Aug 18, 2026, Acorn bought out the remaining 1% stake in its OmniMetrix subsidiary from the former CEO for newly issued shares, bringing ownership to 100%.