Acorn Energy Q1 net loss $77K; revenue down 28% YoY to $2.2M; monitoring rev +11.7%

ACORN ENERGY, INC.

2026-Q1 EPS reported -$0.03 revenue$2,227,000

Total revenue $2,227K, -28.1% YoY; hardware revenue fell 55.7% due to prior-year cellphone provider contract shipments.
Recurring monitoring revenue grew 11.7% to $1,417K; gross margin improved to 80.2% from 75.1% on higher mix of high-margin monitoring.
Net loss attributable to stockholders of $(77K) or $(0.03)/share vs net income $464K ($0.19) in Q1'25.
CEO cites growth in monitored endpoint base and new Infrastructure Solutions segment via AIO Systems partnership; expects 5-6x higher revenue per site.
Company targets 20%+ average annual revenue growth over 3-5 years; expects stronger performance in later quarters but Q2 hardware comparisons still challenging.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ACORN ENERGY, INC. reported first quarter ended March 31, 2026 (Q1'26) results: revenue $2,227,000, net income $(77,000), EPS $(0.03).

Period: first quarter ended March 31, 2026 (Q1'26)
Revenue: $2,227,000
Net income: $(77,000)
EPS: $(0.03)
Result: reported results

Exact text from the filing

comparisons in Q2’26 will again be below Q2’25 due to the impact of the material cell phone provider contract in Q2’25.” Financial Review Q1’26 revenue decreased 28.1% to $2,227,000 versus $3,098,000 in Q1’25, primarily due to a $1,019,000 (55.7%) decrease in hardware revenue, as the prior-year period included significant hardware shipments under the material

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Source: SEC EDGAR

accession 0001493152-26-021628

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