Acorn Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	10.61	11.48	10.99	8.06	7	6.78
Revenue Growth (YoY)	-11.25%	4.48%	36.32%	15.13%	3.31%	14.42%
Cost of Revenue	2.33	2.66	2.99	2.06	1.93	1.88
Gross Profit	8.27	8.82	8	6	5.07	4.9
Selling, General & Admin	5.96	5.73	5.05	5.06	4.8	4.17
Research & Development	1.06	1.09	1.01	0.88	0.85	0.74
Other Operating Expenses	-	-	-	-	0.05	-
Total Operating Expenses	7.02	6.83	6.06	5.93	5.7	4.91
Operating Income	1.26	1.99	1.94	0.07	-0.63	-0.01
Interest Income	0.13	0.12	0.07	0.06	-	-
Interest Expense	-	-	-	-	-0	-0.01
Total Non-Operating Income (Expense)	0.13	0.12	0.07	0.06	-0	-0.01
Pretax Income	1.38	2.11	2.01	0.14	-0.63	-0.01
Provision for Income Taxes	-0.77	-0.43	-4.31	0.01	-	-
Net Income	1.99	2.51	6.29	0.13	-0.63	-0.01
Minority Interest in Earnings	-0.01	-0.03	-0.03	-	-	-
Net Income to Common	1.99	2.51	6.29	0.13	-0.63	-0.01
Net Income Growth	-70.33%	-60.12%	4779.07%	-	-	-
Shares Outstanding (Basic)	3	2	2	2	2	2
Shares Outstanding (Diluted)	3	3	3	3	2	2
Shares Change (YoY)	1.07%	1.03%	0.36%	0.89%	0.02%	-0.06%
EPS (Basic)	0.79	1.01	2.53	0.05	-0.25	-
EPS (Diluted)	0.77	0.99	2.51	0.05	-0.25	-
EPS Growth	-71.16%	-60.56%	4920.00%	-	-	-
Shares Outstanding	2.51	2.5	2.49	2.48	2.48	2.43
Free Cash Flow	1.84	2.06	0.85	-0.01	-0.28	-0.19
Free Cash Flow Growth	-10.84%	142.40%	-	-	-	-
Free Cash Flow Per Share	0.72	0.81	0.34	-0.00	-0.11	-0.08
Gross Margin	78.01%	76.80%	72.81%	74.50%	72.44%	72.30%
Operating Margin	11.84%	17.33%	17.63%	0.92%	-8.99%	-0.12%
Profit Margin	18.83%	22.16%	57.55%	1.60%	-9.01%	-0.19%
FCF Margin	17.30%	17.93%	7.73%	-0.07%	-3.96%	-2.83%
EBITDA	1.37	2.1	2.06	0.24	-0.51	0.07
EBITDA Margin	12.93%	18.33%	18.73%	2.92%	-7.24%	0.99%
EBIT	1.26	1.99	1.94	0.07	-0.63	-0.01
EBIT Margin	11.84%	17.33%	17.63%	0.92%	-8.99%	-0.12%
Effective Tax Rate	-55.27%	-20.57%	-214.53%	6.52%	0.00%	0.00%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q