Acorn Energy reported third-quarter revenue of $2.59 million, a 4.6% increase from the prior year period, driven by a 13.4% rise in hardware sales to $1.04 million. Net income rose 273% to $940 thousand, or $0.37 per diluted share, compared to $252 thousand in Q3 2025, largely due to a $780 thousand deferred tax benefit from reduced valuation allowances on deferred tax assets. The company also completed its acquisition of Gen-Tracker for approximately $1 million in cash plus deferred installments, adding an estimated $1.1 million in annual recurring monitoring revenue. Operating cash flow was strong at nearly $1 million for the quarter. Acorn Energy provides remote monitoring and control solutions for generators, gas pipelines, cell tower campuses, and other critical infrastructure.
