Acorn Energy Q2 EPS $0.12 vs $0.28 YoY; revenue down 29% on hardware decline

ACORN ENERGY, INC.

2026-Q2 EPS reported $0.09 revenue$4,716,000

Q2'26 total revenue $2.49M, down 29.4% YoY; monitoring revenue up 8% to $1.43M, hardware down 52%.
Net income $294K ($0.12 diluted EPS) vs $720K ($0.28) in Q2'25; 6M'26 net income $217K ($0.09) vs $1.18M ($0.47).
Gross margin improved to 82.4% from 74.9% due to higher mix of monitoring revenue.
New partnership with Champion Power Equipment for residential generator monitoring; OMNI360 product suite launched for cell towers.
Cash $4.48M at June 30, 2026; net working capital $6.41M.

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