Monitor Q2 2026 hardware revenue comparison and any initial revenue from the AIO Systems partnership. The company's 20%+ average revenue growth target depends on Infrastructure Solutions ramping — watch for customer wins or pilot expansions in that segment.
Price Chart
Executive Summary
Acorn Energy reported Q1 2026 revenue of $2.23M, down 28.1% YoY due to a 55.7% decline in hardware revenue from a large cellphone provider contract that largely completed in 2025. The company swung to a net loss of $0.03/share from a $0.19 profit a year ago, though monitoring revenue grew 11.7% and gross margin expanded 510bps to 80.2% on a higher mix of recurring revenue. The stock is unlikely to move materially given the small market cap and expected hardware volatility, but the Infrastructure Solutions partnership with AIO Systems offers a long-term growth catalyst.
Key Financial Metrics
Key Facts
- Total revenue declined 28.1% YoY to $2.23M, driven by a 55.7% drop in hardware revenue to $810K
- Monitoring revenue grew 11.7% to $1.42M, now 63.6% of total revenue vs 40.9% a year ago
- Gross margin improved 510bps to 80.2% due to higher-margin monitoring mix
- Net loss attributable to stockholders was $(77K) or $(0.03)/share vs net income of $464K ($0.19) in Q1 2025
- Operating expenses rose 11.2% to $1.91M, including $136K higher stock-based compensation
- Cash from operations was $53K; cash balance $4.26M at quarter-end
- Company paid $250K for exclusive North American distribution rights to AIO Systems' IoT monitoring suite
- CEO expects Q2 2026 hardware revenue to again be below Q2 2025 due to the same contract comparison
Financial Impact
Revenue decline of $871K YoY, net income swing of -$541K
Risk Factors
- Hardware revenue volatility from large customer contracts will continue to distort quarterly comparisons
- Infrastructure Solutions segment is pre-revenue with no finalized pricing model — commercialization risk is high
- Stock-based compensation is consuming a significant portion of revenue (8.8% of total revenue in Q1 2026)
- Small market cap ($49M) and low liquidity could amplify price moves on any news
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3289905 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | 8-K | $22.21 | awaiting T+60 | — | $17.53 (−21.07%) |
Sep 10, 2026 6w ago | 8-K | $20.97 | awaiting T+60 | — | $17.53 (−16.40%) |
Aug 18, 2026 9w ago | 8-K | $19.43 | awaiting T+60 | — | $17.53 (−9.78%) |
Aug 18, 2026 9w ago | Press Release | $19.43 | awaiting T+60 | — | $17.53 (−9.78%) |
May 7, 2026 24w ago | 8-K | $16.76 $18.66 | ▼ −11.35% | ▼ −7.52% | $17.53 (−4.59%) |
May 7, 2026 24w ago | Press Release | $16.76 $18.66 | ▼ −11.35% | ▼ −7.52% | $17.53 (−4.59%) |
Mar 5, 2026 33w ago | 8-K | $18.32 $17.34 | ▼ −5.35% | ▼ −16.65% | $17.53 (−4.31%) |
US Market Status
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