--- title: "Acorn Energy | 8-K: FY2026 Q1 Revenue: USD 2.227 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285549815.md" datetime: "2026-05-07T12:19:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285549815.md) - [en](https://longbridge.com/en/news/285549815.md) - [zh-HK](https://longbridge.com/zh-HK/news/285549815.md) --- # Acorn Energy | 8-K: FY2026 Q1 Revenue: USD 2.227 M Revenue: As of FY2026 Q1, the actual value is USD 2.227 M. EPS: As of FY2026 Q1, the actual value is USD -0.03. EBIT: As of FY2026 Q1, the actual value is USD -129 K. #### Segment Revenue - **Monitoring Revenue:** Acorn Energy, Inc. reported monitoring revenue of $1,417 thousand in Q1 2026, an 11.7% increase compared to $1,269 thousand in Q1 2025. Monitoring revenue contributed $167 thousand from the cellphone provider contract in Q1 2026. - **Hardware Revenue:** Hardware revenue decreased by 55.7% to $810 thousand in Q1 2026 from $1,829 thousand in Q1 2025, primarily due to a significant reduction in hardware shipments under a material cellphone provider contract, which contributed $93 thousand in Q1 2026 compared to $876 thousand in Q1 2025. - **Total Revenue:** Total revenue for Q1 2026 was $2,227 thousand, a 28.1% decrease from $3,098 thousand in Q1 2025. #### Operational Metrics - **Net (Loss) Income to Stockholders:** Acorn Energy, Inc. reported a net loss attributable to stockholders of - $77 thousand, or - $0.03 per basic and diluted share, in Q1 2026, compared to net income of $464 thousand, or $0.19 per basic and diluted share, in Q1 2025. - **Gross Margin:** Gross margin improved to 80.2% in Q1 2026 from 75.1% in Q1 2025, driven by a higher proportion of monitoring revenue, which carries a 94% gross margin. - **Gross Profit:** Gross profit was $1,785 thousand in Q1 2026, down from $2,326 thousand in Q1 2025. - **Operating (Loss) Income:** Acorn Energy, Inc. reported an operating loss of - $129 thousand in Q1 2026, compared to operating income of $604 thousand in Q1 2025. - **Operating Expenses:** Total operating expenses increased by 11.2% to $1,914 thousand in Q1 2026 from $1,722 thousand in Q1 2025. - **Selling, General and Administrative (SG&A) Expenses:** SG&A expenses increased by $228 thousand to $1,659 thousand in Q1 2026 from $1,431 thousand in Q1 2025, primarily due to higher stock-based compensation ($136 thousand) and OmniMetrix SG&A, including additional personnel and technology expenses ($111 thousand). - **Research and Development (R&D) Expenses:** R&D expenses decreased by $36 thousand to $255 thousand in Q1 2026 from $291 thousand in Q1 2025, reflecting reduced costs following product development completion. - **Cost of Goods Sold (COGS):** COGS was $442 thousand in Q1 2026, down from $772 thousand in Q1 2025. - **Interest Income, Net:** Interest income, net, was $31 thousand in Q1 2026, compared to $24 thousand in Q1 2025. - **Income Taxes:** Acorn Energy, Inc. recognized an income tax benefit of $25 thousand in Q1 2026, versus an income tax expense of $154 thousand in Q1 2025. - **Non-cash Stock-based Compensation:** Non-cash stock-based compensation expense was $197 thousand in Q1 2026, up from $61 thousand in Q1 2025. #### Cash Flow - **Net Cash Provided by Operating Activities:** Acorn Energy, Inc. generated $53 thousand of cash from operating activities in Q1 2026, down from $271 thousand in Q1 2025. - **Net Cash Used in Investing Activities:** Cash used in investing activities was - $260 thousand in Q1 2026, which included - $250 thousand for the acquisition of exclusive distribution and commercialization rights under the AIO Systems technology partnership agreement and - $10 thousand in other capital items. This compares to - $6 thousand used in Q1 2025. - **Net Cash Provided by Financing Activities:** Cash provided by financing activities was $10 thousand in Q1 2026, from stock option exercise proceeds. - **Net Decrease in Cash:** The net decrease in cash was - $197 thousand in Q1 2026, resulting in cash of $4,257 thousand at March 31, 2026, compared to $4,454 thousand at December 31, 2025. #### Unique Metrics - **Installed Base of Monitored Endpoints:** Q1 2026 results reflect continued growth in the installed base of monitored endpoints. - **Infrastructure Solutions Segment:** Through a technology partnership with AIO Systems, Acorn Energy, Inc. expects revenue from an average site in its new Infrastructure Solutions segment to be 5-6 times that of its current average sale. - **Net Working Capital:** Net working capital was $6,024 thousand at March 31, 2026, compared to $6,184 thousand at December 31, 2025, excluding deferred revenue and deferred cost of goods sold. #### Outlook / Guidance Acorn Energy, Inc. aims to achieve a three-to-five year average revenue growth of 20% or more, pursuing larger commercial and industrial customer opportunities, strategic relationships with power generator manufacturers, and M&A opportunities. Q1 is typically the lowest-revenue quarter, with stronger performance expected later in the year. 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