ACORN ENERGY, INC. 1Q 2026: Revenue $2.23M, EPS $(0.03) — 10-Q Summary
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ACORN ENERGY, INC. reported Q1 2026 results with revenue of $2.23M, down 28.1% from $3.1M in Q1 2025. The company experienced a net loss of $77K, or diluted EPS of $(0.03), compared to a net income of $464K and EPS of $0.19 a year earlier. The decline in revenue was primarily due to a 56% drop in hardware sales, although monitoring fees increased by 12%. The company is transitioning to new product lines and has entered a white-label agreement to enhance service offerings.
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