Acorn Energy Q3 revenue up 4.6% to $2.6 million; nine-month revenue down 19.7%
Acorn Energy reported third-quarter 2026 revenue of $2,591,000, up 4.6% from a year earlier, and net income attributable to stockholders of $940,000, or $0.37 per diluted share, versus $252,000, or $0.10, in Q3 2025. Nine-month revenue fell 19.7% to $7,307,000 and nine-month diluted EPS was $0.45 versus $0.57, while the quarter's profit was helped by a $780,000 deferred income tax benefit, and the company completed the Gen-Tracker acquisition on September 9, 2026.
Key points
- Q3 2026 total revenue rose 4.6% to $2,591,000; hardware revenue rose 13.4% to $1,041,000 and monitoring revenue fell 0.6% to $1,550,000
- Q3 2026 net income to stockholders was $940,000 ($0.37 per diluted share) vs. $252,000 ($0.10) in Q3 2025, including a $780,000 deferred income tax benefit
- Nine-month 2026 revenue fell 19.7% to $7,307,000, mainly from a $1,779,000 decrease in hardware sales under a material cell phone provider contract
- Gen-Tracker acquisition completed September 9, 2026; the remaining $2,500,000 of purchase consideration is payable in installments
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.