Acorn Energy Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Acorn Energy Inc has an operating margin of 17.6%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 88/100, reflecting efficient cost management and pricing power. This is up from 0.9% the prior year.
Acorn Energy Inc's revenue surged 36.3% year-over-year to $11.0M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Acorn Energy Inc carries a low D/E ratio of 0.91, meaning only $0.91 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.
Acorn Energy Inc's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.
Acorn Energy Inc earns a strong 113.6% return on equity (ROE), meaning it generates $114 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
Acorn Energy Inc scores -5.32, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($45.6M) relative to total liabilities ($5.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Acorn Energy Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Acorn Energy Inc generates $0.14 in operating cash flow ($905K OCF vs $6.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Acorn Energy Inc earns $26.5 in operating income for every $1 of interest expense ($1.9M vs $73K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Acorn Energy Inc (ACFN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Acorn Energy Inc generated $11.0M in revenue in fiscal year 2024. This represents an increase of 36.3% from the prior year.
Acorn Energy Inc's EBITDA was $2.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 775.7% from the prior year.
Acorn Energy Inc reported $6.3M in net income in fiscal year 2024. This represents an increase of 5189.1% from the prior year.
Acorn Energy Inc earned $2.51 per diluted share (EPS) in fiscal year 2024. This represents an increase of 4920.0% from the prior year.
Acorn Energy Inc held $2.3M in cash against $0 in long-term debt as of fiscal year 2024.
Acorn Energy Inc had 2M shares outstanding in fiscal year 2024. This represents an increase of 0.3% from the prior year.
Acorn Energy Inc's gross margin was 72.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
Acorn Energy Inc's operating margin was 17.6% in fiscal year 2024, reflecting core business profitability. This is up 16.7 percentage points from the prior year.
Acorn Energy Inc's net profit margin was 57.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 55.8 percentage points from the prior year.
Acorn Energy Inc's ROE was 113.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Acorn Energy Inc invested $1.0M in research and development in fiscal year 2024. This represents an increase of 15.7% from the prior year.
ACFN Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5M-29.7% | $3.5M+13.8% | $3.1M-12.2% | $3.5M+55.1% | $2.3M+6.7% | $2.1M-5.2% | $2.3M+7.8% | $2.1M |
| Cost of Revenue | $533K-39.8% | $886K+14.8% | $772K-20.7% | $973K+59.5% | $610K+12.8% | $541K-10.1% | $602K+12.1% | $537K |
| Gross Profit | $1.9M-26.3% | $2.6M+13.5% | $2.3M-9.0% | $2.6M+53.5% | $1.7M+4.7% | $1.6M-3.5% | $1.6M+6.3% | $1.6M |
| R&D Expenses | $267K+0.8% | $265K-8.9% | $291K-7.3% | $314K+38.9% | $226K-5.0% | $238K-8.8% | $261K+23.1% | $212K |
| SG&A Expenses | $1.5M+6.4% | $1.4M-0.3% | $1.4M+2.4% | $1.4M+18.3% | $1.2M-7.4% | $1.3M-2.6% | $1.3M-1.6% | $1.3M |
| Operating Income | $159K-83.2% | $947K+56.8% | $604K-28.5% | $845K+227.5% | $258K+230.8% | $78K0.0% | $78K+875.0% | $8K |
| Interest Expense | $34K+25.9% | $27K+12.5% | $24K+20.0% | $20K+11.1% | $18K+20.0% | $15K-16.7% | $18K-5.3% | $19K |
| Income Tax | -$65K-126.9% | $242K+57.1% | $154K+266.7% | $42K | N/A | $25K | N/A | N/A |
| Net Income | $252K-65.0% | $720K+55.2% | $464K-91.1% | $5.2M+1831.0% | $271K+316.9% | $65K-22.6% | $84K+250.0% | $24K |
| EPS (Diluted) | $0.10-64.3% | $0.28+47.4% | $0.19-90.9% | $2.08+1790.9% | $0.11+266.7% | $0.030.0% | $0.03+200.0% | $0.01 |
ACFN Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.4M-0.8% | $12.5M+12.6% | $11.1M+5.1% | $10.6M+122.2% | $4.8M-2.3% | $4.9M-10.5% | $5.4M-11.5% | $6.2M |
| Current Assets | $6.7M-1.7% | $6.8M+10.7% | $6.2M+14.3% | $5.4M+44.6% | $3.7M+1.3% | $3.7M-8.7% | $4.0M-9.8% | $4.5M |
| Cash & Equivalents | $4.2M+28.1% | $3.3M+25.5% | $2.6M+11.4% | $2.3M+59.0% | $1.5M+3.2% | $1.4M-2.2% | $1.4M-17.2% | $1.7M |
| Inventory | $1.2M+22.8% | $953K+3.6% | $920K+111.0% | $436K-40.4% | $731K-7.2% | $788K-18.1% | $962K+5.8% | $909K |
| Accounts Receivable | $1.0M-53.0% | $2.1M+3.9% | $2.1M+6.6% | $1.9M+258.0% | $540K+10.9% | $487K-9.1% | $536K-8.1% | $583K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $5.2M-7.4% | $5.6M+11.8% | $5.0M+0.1% | $5.0M-3.5% | $5.2M-7.1% | $5.6M-10.8% | $6.3M-11.4% | $7.1M |
| Current Liabilities | $3.9M-4.3% | $4.1M-7.6% | $4.4M+3.6% | $4.3M+3.1% | $4.2M-3.5% | $4.3M-6.5% | $4.6M-7.6% | $5.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $7.2M+4.5% | $6.9M+13.2% | $6.1M+9.5% | $5.5M+1328.4% | -$451K+38.5% | -$733K+12.5% | -$838K+10.0% | -$931K |
| Retained Earnings | -$93.4M+0.3% | -$93.7M+0.8% | -$94.4M+0.5% | -$94.9M+5.9% | -$100.8M+0.3% | -$101.1M+0.1% | -$101.1M+0.1% | -$101.2M |
ACFN Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $895K+42.3% | $629K+132.1% | $271K+63.3% | $166K+97.6% | $84K+295.3% | -$43K+85.4% | -$294K-239.3% | $211K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$4K+73.3% | -$15K-150.0% | -$6K+25.0% | -$8K+78.9% | -$38K-1800.0% | -$2K+66.7% | -$6K+82.9% | -$35K |
| Financing Cash Flow | $23K | N/A | N/A | $15K | $0-100.0% | $13K | $0 | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ACFN Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.5%+3.6pp | 74.9%-0.2pp | 75.1%+2.6pp | 72.4%-0.8pp | 73.2%-1.4pp | 74.6%+1.4pp | 73.2%-1.0pp | 74.3% |
| Operating Margin | 6.4%-20.5pp | 26.9%+7.4pp | 19.5%-4.4pp | 23.9%+12.6pp | 11.3%+7.7pp | 3.7%+0.2pp | 3.5%+3.1pp | 0.4% |
| Net Margin | 10.2%-10.3pp | 20.4%+5.5pp | 15.0%-133.3pp | 148.3%+136.4pp | 11.9%+8.9pp | 3.0%-0.7pp | 3.7%+2.6pp | 1.1% |
| Return on Equity | 3.5%-7.0pp | 10.5%+2.8pp | 7.6%-86.8pp | 94.5% | N/A | N/A | N/A | N/A |
| Return on Assets | 2.0%-3.7pp | 5.7%+1.6pp | 4.2%-45.2pp | 49.4%+43.7pp | 5.7%+4.4pp | 1.3%-0.2pp | 1.5%+1.1pp | 0.4% |
| Current Ratio | 1.71+0.0 | 1.67+0.3 | 1.39+0.1 | 1.26+0.4 | 0.90+0.0 | 0.86-0.0 | 0.88-0.0 | 0.90 |
| Debt-to-Equity | 0.72-0.1 | 0.82-0.0 | 0.83-0.1 | 0.91+12.4 | -11.53-3.9 | -7.64-0.1 | -7.49+0.1 | -7.61 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Acorn Energy Inc's annual revenue?
Acorn Energy Inc (ACFN) reported $11.0M in total revenue for fiscal year 2024. This represents a 36.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Acorn Energy Inc's revenue growing?
Acorn Energy Inc (ACFN) revenue grew by 36.3% year-over-year, from $8.1M to $11.0M in fiscal year 2024.
Is Acorn Energy Inc profitable?
Yes, Acorn Energy Inc (ACFN) reported a net income of $6.3M in fiscal year 2024, with a net profit margin of 57.3%.
What is Acorn Energy Inc's earnings per share (EPS)?
Acorn Energy Inc (ACFN) reported diluted earnings per share of $2.51 for fiscal year 2024. This represents a 4920.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Acorn Energy Inc's EBITDA?
Acorn Energy Inc (ACFN) had EBITDA of $2.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Acorn Energy Inc's gross margin?
Acorn Energy Inc (ACFN) had a gross margin of 72.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Acorn Energy Inc's operating margin?
Acorn Energy Inc (ACFN) had an operating margin of 17.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Acorn Energy Inc's net profit margin?
Acorn Energy Inc (ACFN) had a net profit margin of 57.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Acorn Energy Inc's return on equity (ROE)?
Acorn Energy Inc (ACFN) has a return on equity of 113.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Acorn Energy Inc's operating cash flow?
Acorn Energy Inc (ACFN) generated $905K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Acorn Energy Inc's total assets?
Acorn Energy Inc (ACFN) had $10.6M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Acorn Energy Inc spend on research and development?
Acorn Energy Inc (ACFN) invested $1.0M in research and development during fiscal year 2024.
How many shares does Acorn Energy Inc have outstanding?
Acorn Energy Inc (ACFN) had 2M shares outstanding as of fiscal year 2024.
What is Acorn Energy Inc's current ratio?
Acorn Energy Inc (ACFN) had a current ratio of 1.26 as of fiscal year 2024, which is considered adequate.
What is Acorn Energy Inc's debt-to-equity ratio?
Acorn Energy Inc (ACFN) had a debt-to-equity ratio of 0.91 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Acorn Energy Inc's return on assets (ROA)?
Acorn Energy Inc (ACFN) had a return on assets of 59.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Acorn Energy Inc's Altman Z-Score?
Acorn Energy Inc (ACFN) has an Altman Z-Score of -5.32, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Acorn Energy Inc's Piotroski F-Score?
Acorn Energy Inc (ACFN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Acorn Energy Inc's earnings high quality?
Acorn Energy Inc (ACFN) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Acorn Energy Inc cover its interest payments?
Acorn Energy Inc (ACFN) has an interest coverage ratio of 26.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Acorn Energy Inc?
Acorn Energy Inc (ACFN) scores 79 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.