Acorn Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11.48	10.99	8.06	7	6.78
Revenue Growth (YoY)	4.48%	36.32%	15.13%	3.31%	14.42%
Cost of Revenue	2.66	2.99	2.06	1.93	1.88
Gross Profit	8.82	8	6	5.07	4.9
Selling, General & Admin	5.73	5.05	5.06	4.8	4.17
Research & Development	1.09	1.01	0.88	0.85	0.74
Other Operating Expenses	-	-	-	0.05	-
Total Operating Expenses	6.83	6.06	5.93	5.7	4.91
Operating Income	1.99	1.94	0.07	-0.63	-0.01
Interest Income	0.12	0.07	0.06	-	-
Interest Expense	-	-	-	-0	-0.01
Total Non-Operating Income (Expense)	0.12	0.07	0.06	-0	-0.01
Pretax Income	2.11	2.01	0.14	-0.63	-0.01
Provision for Income Taxes	-0.43	-4.31	0.01	-	-
Net Income	2.51	6.29	0.13	-0.63	-0.01
Minority Interest in Earnings	-0.03	-0.03	-	-	-
Net Income to Common	2.51	6.29	0.13	-0.63	-0.01
Net Income Growth	-60.12%	4779.07%	-	-	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	3	3	3	2	2
Shares Change (YoY)	1.03%	0.36%	0.89%	0.02%	-0.06%
EPS (Basic)	1.01	2.53	0.05	-0.25	-
EPS (Diluted)	0.99	2.51	0.05	-0.25	-
EPS Growth	-60.56%	4920.00%	-	-	-
Free Cash Flow	2.06	0.85	-0.01	-0.28	-0.19
Free Cash Flow Growth	142.40%	-	-	-	-
Free Cash Flow Per Share	0.81	0.34	-0.00	-0.11	-0.08
Gross Margin	76.80%	72.81%	74.50%	72.44%	72.30%
Operating Margin	17.33%	17.63%	0.92%	-8.99%	-0.12%
Profit Margin	22.16%	57.55%	1.60%	-9.01%	-0.19%
FCF Margin	17.93%	7.73%	-0.07%	-3.96%	-2.83%
EBITDA	2.1	2.06	0.24	-0.51	0.07
EBITDA Margin	18.33%	18.73%	2.92%	-7.24%	0.99%
EBIT	1.99	1.94	0.07	-0.63	-0.01
EBIT Margin	17.33%	17.63%	0.92%	-8.99%	-0.12%
Effective Tax Rate	-20.57%	-214.53%	6.52%	0.00%	0.00%

Updated Mar 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q