OmniMetrix backlog totaled USD 3.24 million at June 30, 2026, with USD 2.81 million expected to convert to revenue within 12 months.
Acorn expanded OmniMetrix’s infrastructure solutions via an exclusive North America agreement with AIO Systems; OmniMetrix also signed Champion Power Equipment as a non-exclusive reseller.
Quarterly and six-month results
Acorn Energy posted net income attributable to shareholders of USD 217,000 for the six months ended June 30, 2026, down 82% year over year.
Revenue fell 29% to USD 4.72 million, driven by a 53.5% drop in hardware revenue to USD 1.87 million despite monitoring revenue rising 9.8% to USD 2.84 million.
Operating income dropped 84% to USD 246,000, while gross margin widened 6.3 percentage points to 81.3%.
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