Acorn Energy, Inc. (ACFN) Financial Statements
Industry: Engineering Services (Services)
In fiscal 2025, Acorn Energy reported revenue of $11.5M, up 4.5% from $11.0M the year before. Net income was $2.5M (a 21.9% net margin), or $0.99 per diluted share. Gross margin was 76.8% and operating margin was 17.3%. Operating activities generated $2.1M of cash. At fiscal year end, Acorn Energy held $13.3M in total assets against $5.0M in total liabilities, including $4.5M of cash and equivalents.
Open the full interactive Acorn Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Acorn Energy Key Stats
| Share Price | $18.15 |
|---|---|
| Market Cap | $46.1M |
| P/E Ratio | 18.3 |
| Revenue YoY Growth | +4.5% |
| 52-Week Range | $12.81 – $26.50 |
| Shares Outstanding | 2.5 million (basic, 2026 Q2) |
Acorn Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.9M | $6.8M | $7.0M | $8.1M | $11.0M | $11.5M |
| Cost of Goods Sold | $1.8M | $1.9M | $1.9M | $2.1M | $3.0M | $2.7M |
| Gross Profit | $4.1M | $4.9M | $5.1M | $6.0M | $8.0M | $8.8M |
| Operating Income | -$310,000 | -$8,000 | -$629,000 | $74,000 | $1.9M | $2.0M |
| Pre-Tax Income | $76,000 | -$13,000 | -$631,000 | $138,000 | $2.0M | $2.1M |
| Income Tax | $7,000 | $8,000 | $2,000 | $9,000 | -$4.3M | -$434,000 |
| Net Income | $69,000 | -$21,000 | -$633,000 | $119,000 | $6.3M | $2.5M |
| Diluted EPS | $0.03 | -$0.01 | -$255.13 | $0.05 | $2.51 | $0.99 |
Acorn Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.5M | $2.4M | $2.2M | $2.5M |
| Net Income | $252,000 | $1.1M | -$77,000 | $294,000 |
| Diluted EPS | $0.10 | $0.42 | -$0.03 | $0.12 |
Acorn Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.1M | $1.7M | $1.4M | $1.4M | $2.3M | $4.5M |
| Current Assets | $3.8M | $4.2M | $4.0M | $4.0M | $5.4M | $7.0M |
| Total Assets | $5.2M | $6.0M | $6.0M | $5.4M | $10.6M | $13.3M |
| Current Liabilities | $3.9M | $4.3M | $4.6M | $4.6M | $4.3M | $3.8M |
| Total Liabilities | $5.7M | $6.5M | $7.0M | $6.3M | $5.0M | $5.0M |
| Shareholders' Equity | -$523,000 | -$469,000 | -$1.0M | -$838,000 | $5.5M | $8.2M |
Acorn Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $464,000 | $132,000 | $31,000 | $72,000 | $905,000 | $2.1M |
| Cash From Investing | -$101,000 | -$324,000 | -$308,000 | -$78,000 | -$56,000 | -$33,000 |
| Cash From Financing | $453,000 | -$149,000 | $5,000 | $5,000 | $28,000 | $71,000 |
Figures from Acorn Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Acorn Energy financials page for every line item.
Acorn Energy Company Profile
| Ticker | ACFN |
|---|---|
| Exchange | Nasdaq |
| Industry | Engineering Services (Services) |
| Headquarters | Wilmington, Delaware |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000880984 |
Frequently Asked Questions
What was Acorn Energy's revenue in fiscal 2025?
Acorn Energy (ACFN) reported revenue of $11.5M for fiscal 2025.
What is Acorn Energy's annual revenue history?
Acorn Energy's annual revenue by fiscal year: 2020: $5.9M; 2021: $6.8M; 2022: $7.0M; 2023: $8.1M; 2024: $11.0M; 2025: $11.5M.
What was Acorn Energy's net income in fiscal 2025?
Acorn Energy reported net income of $2.5M for fiscal 2025.
What was Acorn Energy's earnings per share (EPS) in fiscal 2025?
Acorn Energy's diluted EPS was $0.99 for fiscal 2025 (adjusted for any later stock splits).
What was Acorn Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Acorn Energy reported revenue of $2.5M.
How many shares of Acorn Energy are outstanding?
Acorn Energy reported a weighted average of 2.5 million basic shares outstanding in 2026 Q2.
What is Acorn Energy's market cap?
Based on its latest closing price, Acorn Energy (ACFN) has a market capitalization of about $46.1M.
When does Acorn Energy's fiscal year end?
Acorn Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Acorn Energy headquartered?
Acorn Energy lists its business address in Wilmington, Delaware in its SEC filings.