Acorn Reports Q3 Revenue Growth and Strong Operating Cash Flow; Completes Gen-Tracker Acquisition, Expanding its Product Portfolio and Monitored Connections

Acorn continues to see potential for 20% average annual revenue growth over the next three to five years.

Rhea-AI Summary

Acorn Energy (Nasdaq: ACFN) reported third-quarter revenue growth of 4.6% and completed its acquisition of generator-monitoring business Gen-Tracker during the quarter. Revenue reached $2.591 million, while gross margin rose to 80.5% from 78.5%. Net income attributable to stockholders increased to $940,000, or $0.37 per diluted share, from $252,000, or $0.10. Results included a $780,000 deferred income tax benefit.

Operating cash flow was $999,000 in Q3, and September-end cash was $4.458 million. Gen-Tracker closed September 9, 2026, with $1 million paid at closing and $2.5 million payable later. Acorn expects approximately $1.1 million in annual recurring monitoring revenue from the acquisition. Nine-month revenue fell 19.7% to $7.307 million, principally reflecting lower hardware sales. Acorn also acquired OmniMetrix’s remaining 1% through an all-stock exchange, making it wholly owned.

23 points · 0 major

MixediHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 14 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointQ3 revenue increased 4.6% to $2,591,000 versus Q3’25.
• Moderate pointQ3 gross margin rose to 80.5% from 78.5%; nine-month gross margin rose to 81.0% from 75.9%.
• Moderate pointQ3 stockholder net income rose 273.0% to $940,000; diluted earnings rose to $0.37 from $0.10.
• Moderate pointNine-month monitoring revenue increased 5.9% to $4,392,000 versus 9M’25.
• Moderate pointOperating cash flow reached $1,276,000 in 9M’26, including $999,000 in Q3’26.
• Moderate pointGen-Tracker acquisition closed September 9, 2026, expanding Acorn’s commercial and industrial customer base and dealer network.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Gen-Tracker is expected to add approximately $1.1 million in annual recurring monitoring revenue.

16 minor points

• Minor pointQ3 hardware revenue rose 13.4% to $1,041,000 versus Q3’25.
• Minor pointQ3 underlying monitoring revenue increased 5.1% to $1,452,000, excluding specified deferred revenue and Gen-Tracker contributions.
• Minor pointQ3 underlying hardware revenue increased 45.9% to $1,026,000, excluding legacy deferred revenue and Gen-Tracker contributions.
• Minor pointQ3 gross profit increased to $2,087,000 from $1,945,000 a year earlier.
• Minor pointQ3 hardware gross margin improved to 58.6% from 50.0% in Q3’25.
• Minor pointQ3 operating income increased to $190,000 from $159,000 a year earlier.
• Minor pointQ3 pretax income increased 10.9% to $214,000 versus Q3’25.
• Minor pointDeferred tax valuation allowance reduction provided a $780,000 benefit, approximately $0.31 per diluted share.
• Minor pointNine-month underlying monitoring revenue increased 8.1%, excluding specified deferred revenue and Gen-Tracker contributions.
• Minor pointSeptember-end cash was $4,458,000, essentially unchanged from $4,454,000 at year-end 2025.
• Minor pointGen-Tracker added $78,000 in Q3 revenue: $68,000 monitoring and $10,000 hardware.
• Minor point. Forward-looking: it has not happened yet and may not happen.Gen-Tracker’s first full contribution quarter is Q4’26; Acorn expects earnings accretion with continued business execution.
• Minor pointOmniMetrix became wholly owned after Acorn acquired its remaining 1%.
• Minor point. Forward-looking: it has not happened yet and may not happen.Acorn sees potential for 20% average annual revenue growth over the next three to five years.
• Minor pointQ3 research and development expense decreased $19,000 to $248,000 versus Q3’25.
• Minor pointOther corporate overhead expenses decreased $153,000 in Q3 versus the prior-year period.

Negative

• Moderate pointNine-month revenue declined 19.7% to $7,307,000 versus 9M’25.
• Moderate pointNine-month stockholder net income fell 19.4% to $1,157,000; diluted earnings declined to $0.45 from $0.57.
• Moderate pointNine-month operating income declined to $436,000 from $1,710,000 in 9M’25.
• Moderate pointGen-Tracker required $1,000,000 at closing, with another $2,500,000 contractually payable over five anniversaries. 6.1% of market cap
• Minor pointNine-month hardware revenue fell 41.1% to $2,915,000, including $1,779,000 lower sales under the material cell phone provider contract.

9 minor points

• Minor pointNine-month pretax income declined to $523,000 from $1,795,000 in 9M’25.
• Minor pointQ3 reported monitoring revenue decreased 0.6% to $1,550,000 versus Q3’25.
• Minor pointLegacy deferred hardware revenue was fully recognized, following $168,000 in 9M’26 versus $800,000 in 9M’25.
• Minor pointRemaining OmniMetrix ownership was acquired through an all-stock exchange, issuing equity rather than cash consideration.
• Minor pointQ3 selling, general and administrative expense increased $130,000 to $1,649,000 versus Q3’25.
• Minor pointGen-Tracker acquisition-related costs totaled $71,000 in Q3’26.
• Minor pointNoncash stock compensation rose to $102,000 in Q3’26 and $398,000 in 9M’26, versus $33,000 and $126,000.
• Minor pointNet working capital excluding deferred revenue declined to $6,092,000 from $6,254,000 at year-end 2025.
• Minor pointOMNI360 solutions-suite investment used $250,000 in Q1’26.

News Explained

Acorn reported Q3 revenue growth of 4.6%; it said growth would have been 18.8% excluding legacy deferred-revenue recognition differences and Gen-Tracker’s contribution, so the figures use different comparison bases.

Key Figures

Q3 total revenue: $2.591M, up 4.6% Nine-month total revenue: $7.307M, down 19.7% Gross margin: 80.5%, up 200 bps +4 more

Q3 total revenue

$2.591M, up 4.6%

Q3'26 versus Q3'25

Nine-month total revenue

$7.307M, down 19.7%

9M'26 versus 9M'25

Gross margin

80.5%, up 200 bps

Q3'26 versus Q3'25

Net income to stockholders

$940,000

Q3'26; includes a $780,000 deferred income tax benefit

Deferred income tax benefit

$780,000

Q3'26; from a further reduction in the valuation allowance

Cash from operating activities

$999,000

Q3'26

Remaining Gen-Tracker consideration

$2.5M

Payable in installments: $450,000 on each of the first four anniversaries and $700,000 on the fifth

Previous Acquisition Reports

1 past event · Latest: Sep 10

Same Type 1 event

1. Sep 10

   Gen-Tracker acquisition

   24h Move

   +10.4%

   OmniMetrix acquired Gen-Tracker for $3.5M, including $1.0M at closing and deferred installments.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net operating loss, valuation allowance, deferred tax assets, automatic transfer switch

4 terms

net operating loss financial

"our net operating loss (NOL) carryforwards in the future"

A net operating loss is when a company’s deductible expenses exceed its taxable income for a period, producing an official tax loss that can be used to reduce future taxable income and lower future cash taxes. For investors it matters because these tax credits are like a savings account of losses the company can “spend” later to boost after‑tax cash flow, which can raise the value of the business—though rules can limit how and when those losses are used.

valuation allowance financial

"a further reduction in the valuation allowance on our deferred tax assets"

A valuation allowance is a reserve set aside to reduce the value of certain assets on a company's financial records when there is uncertainty about whether they will generate the expected benefits. It acts like a caution sign, indicating that some assets might not be fully recoverable or worth their recorded amount. This matters to investors because it provides a more realistic picture of a company's financial health and potential risks.

deferred tax assets financial

"valuation allowance on our deferred tax assets"

An item on a company’s balance sheet showing tax benefits it can use later to reduce future tax bills — think of it as an IOU from the tax system for past losses or timing differences. It matters to investors because it can boost future cash flow and apparent value if the company expects profits ahead, but those benefits vanish if the company cannot generate taxable income and the asset must be reduced.

automatic transfer switch technical

"monitors generators through the automatic transfer switch"

An automatic transfer switch (ATS) is an electrical device that monitors a facility's primary power source and, when it detects an outage or unacceptable voltage/frequency, automatically switches the electrical load to a backup source (for example, from the utility grid to a standby generator). It contains sensing and switching components, may operate as open-transition (brief interruption) or closed-transition (make-before-break) depending on design, and often includes timed delays and test modes to coordinate with backup equipment and protect connected devices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BUFORD, Ga., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (Nasdaq: ACFN), a provider of remote monitoring and control solutions for generators, gas pipelines, cell tower campuses and other critical infrastructure, announced results for its 2026 third quarter (Q3’26) and nine months (9M’26) ended September 30, 2026. Acorn will hold an investor call today at 11am ET (details below).

Summary Financial Results

($000s except per share data)		Q3'26			Q3'25		Change			9M’26			9M’25		Change
Monitoring revenue (1)	$	1,550		$	1,560		-0.6	%	$	4,392		$	4,149		+5.9	%
Hardware revenue	$	1,041		$	918		+13.4	%	$	2,915		$	4,952		-41.1	%
Total revenue	$	2,591		$	2,478		+4.6	%	$	7,307		$	9,101		-19.7	%
Gross margin		80.5%			78.5%		+200 bps			81.0%			75.9%		+510 bps
Net income to stockholders (2)	$	940		$	252		+273.0	%	$	1,157		$	1,436		-19.4	%
Net income per diluted share (2)	$	0.37		$	0.10		+270.0	%	$	0.45		$	0.57		-21.1	%

(1) Excluding the recognition of deferred monitoring revenue for units sold more than 24 months earlier that had not been installed ($30,000 in Q3’26 and 9M’26 vs. $178,000 in Q3’25 and 9M’25) and $68,000 of Q3’26 monitoring revenue from the Gen-Tracker acquisition, monitoring revenue increased 5.1% in Q3’26 and 8.1% in 9M’26.
(2) Q3’26 and 9M’26 included a $780,000 deferred income tax benefit, or approximately $0.31 per diluted share, from a further reduction in the valuation allowance on Acorn’s deferred tax assets.

CEO Commentary

Jan Loeb, Acorn’s CEO, said, “Our third quarter was a solid, cash-generative quarter driven by a 4.6% revenue increase compared to Q3’25, with approximately $1M of cash generated from operations. Our Q3’26 EPS included a $730,000 income tax benefit related to a further reduction in the valuation allowance on our deferred tax assets, reflecting increased confidence in our ability to utilize our net operating loss (NOL) carryforwards in the future.

“Our Q3’26 revenue growth was masked by two items which created a net variance of approximately $358,000 versus the year-ago period. Q3’25 included $215,000 of amortized deferred hardware revenue from legacy products sold prior to September 2023, compared to just $5,000 in Q3’26, as that deferred revenue is now fully recognized. Q3’25 also included the recognition of $178,000 of prepaid monitoring revenue for units sold more than two years earlier that were never installed, compared to $30,000 in Q3’26. Excluding these items and the contribution from Gen-Tracker, revenue would have grown 18.8%, with underlying monitoring revenue up 5.1% and hardware revenue up 45.9%.

Gen-Tracker
“Importantly, in the third quarter, we completed OmniMetrix’s first acquisition with the purchase of Gen-Tracker, a competitor in generator monitoring, launched our partnership with Champion Power Equipment, and acquired the remaining 1% of OmniMetrix in an all-stock exchange, making it a wholly owned subsidiary.

“Gen-Tracker expands our commercial and industrial customer base and established dealer network, and is expected to add approximately $1.1M in annual recurring monitoring revenue. Gen-Tracker primarily monitors generators through the automatic transfer switch, while our solutions have historically focused on the generator controller. We welcomed Gen-Tracker’s four employees to OmniMetrix and are onboarding its accounts to our platform and our operating and collection practices. Q4’26 will be the first full quarter of Gen-Tracker’s contribution, and we believe that, with continued business execution, it will be accretive to our earnings.

Champion
“Champion received its initial stocking shipment of our monitoring hardware in the third quarter. Champion is relatively new to the home standby generator market and its dealers are getting up to speed with our monitoring solution. We are supporting their dealers with webinars and training, and though it will take some time to build volume, we remain very enthusiastic about the long-term growth opportunity of this partnership.

OMNI360
“We have several proof-of-concept deployments of our OMNI360 cell tower solution underway, in addition to our demo towers, and are seeing encouraging customer interest. Though it takes time to introduce and market a substantially expanded solution suite, we remain very optimistic about the long-term potential of our OMNI360 offering.

Remote Monitoring Environment
“The macro environment for backup power and monitoring remains favorable. After an unusually quiet start to the hurricane season, Hurricane Isaias made landfall on the Gulf Coast in early October, leaving more than 900,000 customers without power, and the NOAA expects a strong El Niño this winter, which suggests stormier weather across the South and along the East Coast. More broadly, rising power demand and the growing strain on an aging electric grid, combined with weather events, continue to underscore the urgency of ensuring reliable backup power.

“Overall, our business is in very good shape. It’s growing and profitable with attractive gross margins and a building base of recurring revenue and strong cash flow. To support future growth, we have been working on a range of initiatives that we expect to benefit future results, several of which I have referenced. In addition to our direct sales and marketing efforts with larger enterprises, we also continue to pursue opportunities with OEMs to bundle our monitoring solutions with their equipment and we feel confident in the prospects for this effort. Given the strength of our model and the potential of our multifaceted growth initiatives we continue to believe Acorn has the potential to achieve 20% average annual revenue growth over the next three to five years.”

Financial Review
Q3’26 revenue increased 4.6% to $2,591,000 versus $2,478,000 in Q3’25, as hardware revenue increased 13.4% to $1,041,000 and monitoring revenue decreased 0.6% to $1,550,000. The year-over-year comparisons were impacted by $215,000 of amortization of deferred hardware revenue from legacy products in Q3’25, compared to $5,000 in Q3’26, as well as the recognition of $178,000 of deferred monitoring revenue in Q3’25 for units sold more than 24 months earlier that had not been installed, compared to $30,000 recognized in Q3’26. Q3’26 benefited from $78,000 of revenue ($68,000 of monitoring revenue and $10,000 of hardware revenue) from the Gen-Tracker business acquired on September 9, 2026. Excluding these items, monitoring revenue grew 5.1% to $1,452,000, reflecting continued growth in monitored endpoints, and hardware revenue grew 45.9% to $1,026,000.

For the first nine months of 2026, total revenue was $7,307,000 vs. $9,101,000 in 9M’25, as 5.9% growth in monitoring revenue was more than offset by a 41.1% decrease in hardware revenue. The hardware decrease was principally due to a $1,779,000 decrease in hardware sales under the material cell phone provider contract, as well as lower recognition of deferred hardware revenue from legacy products sold prior to September 2023 ($168,000 in 9M’26 vs. $800,000 in 9M’25), which has now been fully recognized.

Q3’26 gross profit was $2,087,000, reflecting 80.5% gross margin, compared to gross profit of $1,945,000 and gross margin of 78.5% in Q3’25. The margin improvement was principally driven by an improved hardware gross margin of 58.6% in Q3’26 versus 50.0% in Q3’25, reflecting the premium value of our next-generation Omni product family and product cost management. Monitoring gross margin was 95.3% in both periods.

Operating expenses increased 6.2% to $1,897,000 in Q3’26 versus $1,786,000 in Q3’25, due to a $130,000 increase in selling, general and administrative (SG&A) expense, partially offset by a $19,000 decrease in research and development (R&D) expense. The increase in SG&A reflected $71,000 of acquisition-related costs for Gen-Tracker, higher OmniMetrix personnel, travel and trade show expenses related to expanding sales and marketing outreach, costs related to the pursuit of ISO 27001 certification and a $69,000 increase in stock-based compensation expense, partially offset by a $153,000 decrease in other corporate overhead expenses, as the prior-year period included higher legal fees related to our Nasdaq listing and tax professional fees related to the review and utilization of our tax assets and NOLs, including a Section 382 study completed in Q3’25.

Q3’26 income before income taxes increased 10.9% to $214,000 from $193,000 in Q3’25. Q3’26 results reflected an income tax benefit of $730,000, which included a $780,000 deferred income tax benefit from a further reduction in the valuation allowance against Acorn’s deferred tax assets. The reduction was primarily related to the tax treatment of capitalized R&D costs and changes to the forecast, including the Gen-Tracker acquisition. This compares to an income tax benefit of $65,000 in Q3’25, which included a $111,000 deferred income tax benefit from a reduction in the valuation allowance.

Q3’26 net income attributable to Acorn stockholders was $940,000, or $0.37 per diluted share, compared to $252,000, or $0.10 per diluted share, in Q3’25. Q3’26 included $102,000 of non-cash, stock-based compensation expense vs. $33,000 in Q3’25. Net income attributable to Acorn stockholders in the 9M’26 period was $1,157,000, or $0.45 per diluted share, as compared to $1,436,000, or $0.57 per diluted share, in 9M’25. Net income in 9M’26 included $398,000 of non-cash, stock-based compensation expense versus $126,000 in 9M’25.

Liquidity and Cash Flow
Excluding deferred revenue of $3,643,000, which does not require a significant cash outlay for the revenue to be recognized, net working capital was $6,092,000 at September 30, 2026 versus $6,254,000 at December 31, 2025. This included cash of $4,458,000 at September 30, 2026, essentially unchanged from $4,454,000 at year-end 2025.

Through the first nine months of 2026, Acorn generated $1,276,000 of cash from operating activities (including $999,000 in Q3’26), used $1,282,000 for investing activities (including $1,000,000 paid at closing for the Q3 Gen-Tracker acquisition and $250,000 related to the OMNI360 solutions suite in Q1). Acorn also received $10,000 from financing activities related to the exercise of stock options through the first nine months of 2026, resulting in a net increase in cash of $4,000 for the period. The remaining $2,500,000 of contractual Gen-Tracker purchase consideration is payable in installments of $450,000 on each of the first four anniversaries of closing and $700,000 on the fifth anniversary.

Investor Call Details

Date / Time:	Thursday, November 5 at 11:00 AM ET
Dial-in Number:	1-844-834-0644 or 1-412-317-5190 (Int'l)
Replay & Transcript:	Posted to Investor Relations page of Acorn’s website when available.

About Acorn (www.acornenergy.com) and OmniMetrix^TM (www.omnimetrix.net)

Acorn’s wholly owned OmniMetrix subsidiary is a pioneer and leader in wireless remote monitoring and control solutions for critical infrastructure assets including standby generators, cell tower campuses, gas pipelines, data centers and energy sites. OmniMetrix serves tens of thousands of commercial and residential endpoints, including approximately 50 Fortune/Global 500 companies, across telecom, manufacturing, healthcare, data centers, retail, public transportation, energy distribution and government, as well as residential customers through generator dealers.

OmniMetrix’s industry-leading, cost-effective solutions make critical systems more reliable, provide security, and also enable automated “demand response” electric grid support via enrolled backup generators.

Safe Harbor Statement
This press release includes forward-looking statements, which are subject to risks and uncertainties. There are no assurances that Acorn will be successful in growing its business, increasing its revenue, increasing profitability, or maximizing the value of its operating company and other assets. A complete discussion of the risks and uncertainties that may affect Acorn Energy’s business, including the business of its subsidiary, is included in “Risk Factors” in the Company’s most recent Annual Report on Form 10-K as filed by the Company with the Securities and Exchange Commission.

Engage With Us
X: @Acorn_IR and @OmniMetrix
StockTwits: @Acorn_Energy

Investor Relations Contacts
Catalyst IR
William Jones, 267-987-2082
David Collins, 212-924-9800
acfn@catalyst-ir.com

ACORN ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE DATA)
		Nine months ended September 30,									Three months ended September 30,
		2026					2025				2026					2025
Revenue		$	7,307				$	9,101			$	2,591				$	2,478
COGS			1,385					2,191				504					533
Gross profit			5,922					6,910				2,087					1,945
Operating expenses:
Research and development (R&D) expenses			742					823				248					267
Selling, general and administrative (SG&A) expenses			4,744					4,377				1,649					1,519
Total operating expenses			5,486					5,200				1,897					1,786
Operating income			436					1,710				190					159
Interest income, net			87					85				24					34
Income before income taxes			523					1,795				214					193
Provision for (benefit from) income taxes			(650	)				331				(730	)				(65	)
Net income			1,173					1,464				944					258
Non-controlling interest share of income			(16	)				(28	)			(4	)				(6	)
Net income attributable to Acorn Energy, Inc. stockholders		$	1,157				$	1,436			$	940				$	252
Net income per share attributable to Acorn Energy, Inc stockholders – basic and diluted
Basic		$	0.46				$	0.58			$	0.37				$	0.10
Diluted		$	0.45				$	0.57			$	0.37				$	0.10
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic and diluted
Basic			2,512					2,494				2,522					2,509
Diluted			2,546					2,538				2,555					2,554

ACORN ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)
		As of September 30, 2026				As of December 31, 2025
		(Unaudited)
ASSETS
Current assets:
Cash		$	4,458			$	4,454
Accounts receivable, net			1,120				887
Inventory			1,341				1,254
Other current assets			294				267
State income tax receivable			—				21
Deferred cost of goods sold (COGS)			—				70
Total current assets			7,213				6,953
Property and equipment, net			327				383
Intangibles, net			2,075				17
Goodwill			1,443				—
Right-of-use assets, net			837				963
Other assets			114				119
Deferred tax assets			5,572				4,899
Total assets		$	17,581			$	13,334
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable		$	294			$	306
Accrued expenses			264				171
Deferred revenue			3,643				3,097
Current operating lease liabilities			187				158
Deferred purchase consideration, current portion			326				—
Other current liabilities			46				46
State income tax payable			4				18
Total current liabilities			4,764				3,796
Long-term liabilities:
Deferred revenue			411				312
Noncurrent operating lease liabilities			743				884
Deferred purchase consideration, net of current portion			1,741				—
Other long-term liabilities			—				26
Total liabilities			7,659				5,018
Commitments and contingencies
Equity:
Acorn Energy, Inc. stockholders
Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; issued - 2,585,805 at September 30, 2026 and 2,555,717 at December 31, 2025; outstanding - 2,534,714 at September 30, 2026 and 2,504,626 at December 31, 2025			25				25
Additional paid-in capital			104,136				103,621
Accumulated stockholders’ deficit			(91,187	)			(92,344	)
Treasury stock, at cost – 51,091 shares at September 30, 2026 and December 31, 2025			(3,052	)			(3,052	)
Total Acorn Energy, Inc. stockholders’ equity			9,922				8,250
Non-controlling interests			—				66
Total equity			9,922				8,316
Total liabilities and equity		$	17,581			$	13,334

ACORN ENERGY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (IN THOUSANDS)
		Nine months ended September 30,
		2026				2025
Cash flows provided by operating activities:
Net income		$	1,173			$	1,464
Depreciation and amortization			127				85
Deferred income tax (benefit) expense			(674	)			255
Provision for credit losses			2				—
Impairment of inventory			12				15
Non-cash lease expense			173				99
Stock-based compensation			398				126
Accretion of discount on deferred purchase consideration			8				—
Change in operating assets and liabilities:
(Increase) decrease in accounts receivable			(50	)			928
Decrease (increase) in inventory			75				(749	)
Decrease in deferred COGS			70				341
(Increase) decrease in other current assets and other assets			(22	)			40
Decrease in state income tax receivable			21				10
Increase (decrease) in deferred revenue			55				(756	)
Decrease in operating lease liability			(159	)			(72	)
(Decrease) increase in state income tax payable			(14	)			27
Increase (decrease) in accounts payable, accrued expenses, other current liabilities and non-current liabilities			81				(18	)
Net cash provided by operating activities			1,276				1,795
Cash flows used in investing activities:
Equipment, furniture and trade show booth purchases			(9	)			(7	)
Payment for exclusive distribution and commercialization rights			(250	)			—
Acquisition of Gen-Tracker business			(1,000	)			—
Patents			—				(1	)
Investments in technology			(12	)			(13	)
Leasehold improvements			(11	)			(4	)
Net cash used in investing activities			(1,282	)			(25	)
Cash flows provided by financing activities:
Stock repurchases held in Treasury			—				(16	)
Stock option exercise proceeds			10				87
Net cash provided by financing activities			10				71
Net increase in cash			4				1,841
Cash at the beginning of the period			4,454				2,326
Cash at the end of the period		$	4,458			$	4,167
Supplemental cash flow information:
Cash paid during the year for:
Interest		$	—			$	—
Income taxes		$	16			$	39
Non-cash investing and financing activities:
Right-of-use assets		$	—			$	1,025
Operating lease liability			—				1,025
Deferred purchase consideration for Gen-Tracker Acquisition			2,059				—
Accrued preferred dividends to former CEO of OmniMetrix		$	3			$	3
Common stock issued in exchange for non-controlling interest and accrued preferred dividends in OmniMetrix			107				—

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Acorn Energy’s Q3 2026 revenue and earnings?

Acorn Energy reported $2,591,000 in revenue and $940,000 in net income attributable to stockholders, or $0.37 per diluted share. Revenue increased 4.6% from Q3’25. Earnings included a $780,000 deferred income tax benefit, approximately $0.31 per diluted share.

How will Acorn Energy pay the remaining Gen-Tracker acquisition consideration?

Acorn will pay the remaining $2,500,000 in installments of $450,000 on each of the first four closing anniversaries and $700,000 on the fifth anniversary. The acquisition closed September 9, 2026, with $1,000,000 paid at closing.

What progress did Acorn Energy report on its Champion partnership and OMNI360 deployments?

Champion received its initial stocking shipment of monitoring hardware in Q3, while several OMNI360 cell-tower proof-of-concept deployments were underway in addition to demo towers. Acorn is supporting Champion dealers with webinars and training and expects building volume to take time.