Acorn Energy (ACFN) Q2 FY26 earnings call

Acorn Energy reported Q2 FY26 results highlighted by robust monitoring revenue growth and significant gross margin expansion, despite a year-over-year decline in total revenue driven by lower hardware sales compared to a strong prior-year period. The company launched its OMNI360 platform and secured a new partnership with Champion Power Equipment, positioning for future growth. Management remains optimistic about long-term prospects, targeting 20% average annual revenue growth, as it cycles past tough hardware comparisons and leverages its capital-light model.