Acorn Energy Inc (ACFN) News & EventsACFNNews & EventsAcorn Energy Inc

Acorn Reports Q4 Revenue of $2.377M, Down from $3.529M Last Year

Reports Q4 revenue $2.377M vs $3.529M last year. Jan Loeb, Acorn's CEO, commented, "Acorn achieved record revenue from OmniMetrix, improved operating income and higher cash flow in 2025. Our performance benefited from a 22% increase in high-margin monitoring revenue, the key value driver of our business, which was driven by continued growth of our installed base of remote monitoring end points."

Acorn Energy Announces Strategic Partnership with AIO Systems

Acorn Energy announced a strategic partnership with Israel-based AIO Systems to market, distribute, integrate and sell AIO's solutions for cell tower, data center and utility infrastructure asset management to customers in North America. The addition of AIO's solutions, which have been deployed in over 110,000 sites, across 15 countries outside the U.S., substantially expands Acorn's offerings and total addressable market. Acorn has secured exclusive rights to market, integrate and sell AIO's products and solutions under its OmniMetrix brand in the United States, Mexico and Canada. Acorn will invest in personnel and resources, as well as services to be provided by AIO to support the North American launch. AIO has agreed to support OmniMetrix with a dedicated account manager, marketing and R&D resources, and adaptations for the North American market, including a mobile app and business process support. Acorn will share monitoring and Software-as-a-Solution revenue on a 50/50 basis after deducting its direct costs, with the potential to increase its revenue share based on the achievement of accumulated revenue targets over the initial five-year term of the agreement. Acorn will sell AIO hardware solutions under the OmniMetrix brand under most-favored nation wholesale pricing. Acorn has also secured a right of first refusal for the future purchase of AIO's South America assets and distribution rights for Latin and/or South America. Acorn also envisions the potential for AIO to sell its monitoring technology in certain global markets.

Acorn Energy announces Q3 earnings per share of 10 cents, down from 29 cents a year ago.

Reports Q3 revenue $2.478M vs $3.050M last year. Jan Loeb, Acorn's CEO, commented, "Q3'25 hardware revenue decreased as we did not have any hardware sales from our cellphone provider contract during this quarter versus hardware revenue of $724,000 in Q3'24 related to sales from that contract. What was originally expected to be a two-year hardware rollout was predominantly fulfilled within 12 months as our customer requested faster hardware delivery which we were able to meet. Also impacting the year-over-year comparison was $215,000 in the amortization of deferred hardware revenue recorded in Q3'25 compared to $436,000 of amortization of deferred hardware revenue recorded in Q3'24. The amount of revenue recognized from the amortization of deferred revenue will continue to decrease as we have not deferred revenue from hardware sales since September 1, 2023 when we commenced selling hardware units that can be sold separable from our monitoring services. We expect all deferred hardware revenue to be fully amortized by August 2026. In addition, we have seen a slowdown in residential deployments in 2025 which we believe is primarily the result of relatively high interest rates, fewer weather events and economic uncertainty on consumer decision making."