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Side-by-side financial comparison of ACORN ENERGY, INC. (ACFN) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $2.4M, roughly 76.3× ACORN ENERGY, INC.). ACORN ENERGY, INC. runs the higher net margin — 45.2% vs 2.1%, a 43.1% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs -32.6%). Over the past eight quarters, ACORN ENERGY, INC.'s revenue compounded faster (5.6% CAGR vs -0.8%).

Acorn Energy Inc. is a NASDAQ-listed conglomerate investing in electricity generation and security. It was founded by George Morgenstern in 1984 as Decision Systems, Inc. and was taken public by Laidlaw Securities. The name was later changed to Data Systems and Software Inc. John Moore became CEO in 2006 and changed the name to Acorn Factor and later to Acorn Energy.

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

ACFN vs MG — Head-to-Head

Bigger by revenue
MG
MG
76.3× larger
MG
$181.5M
$2.4M
ACFN
Growing faster (revenue YoY)
MG
MG
+37.7% gap
MG
5.1%
-32.6%
ACFN
Higher net margin
ACFN
ACFN
43.1% more per $
ACFN
45.2%
2.1%
MG
Faster 2-yr revenue CAGR
ACFN
ACFN
Annualised
ACFN
5.6%
-0.8%
MG

Income Statement — Q4 2025 vs Q4 2025

Metric
ACFN
ACFN
MG
MG
Revenue
$2.4M
$181.5M
Net Profit
$1.1M
$3.8M
Gross Margin
80.1%
28.4%
Operating Margin
11.7%
7.0%
Net Margin
45.2%
2.1%
Revenue YoY
-32.6%
5.1%
Net Profit YoY
-79.5%
-27.4%
EPS (diluted)
$0.42
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACFN
ACFN
MG
MG
Q4 25
$2.4M
$181.5M
Q3 25
$2.5M
$195.5M
Q2 25
$3.5M
$185.4M
Q1 25
$3.1M
$161.6M
Q4 24
$3.5M
$172.7M
Q3 24
$3.0M
$182.7M
Q2 24
$2.3M
$189.8M
Q1 24
$2.1M
$184.4M
Net Profit
ACFN
ACFN
MG
MG
Q4 25
$1.1M
$3.8M
Q3 25
$252.0K
$13.1M
Q2 25
$720.0K
$3.0M
Q1 25
$464.0K
$-3.2M
Q4 24
$5.2M
$5.2M
Q3 24
$725.0K
$6.4M
Q2 24
$271.0K
$6.4M
Q1 24
$65.0K
$995.0K
Gross Margin
ACFN
ACFN
MG
MG
Q4 25
80.1%
28.4%
Q3 25
78.5%
29.8%
Q2 25
74.9%
29.1%
Q1 25
75.1%
25.3%
Q4 24
72.4%
26.5%
Q3 24
71.7%
26.8%
Q2 24
73.2%
27.1%
Q1 24
74.6%
25.0%
Operating Margin
ACFN
ACFN
MG
MG
Q4 25
11.7%
7.0%
Q3 25
6.4%
10.4%
Q2 25
26.9%
4.5%
Q1 25
19.5%
-0.6%
Q4 24
23.9%
6.1%
Q3 24
24.8%
6.5%
Q2 24
11.3%
6.3%
Q1 24
3.7%
3.0%
Net Margin
ACFN
ACFN
MG
MG
Q4 25
45.2%
2.1%
Q3 25
10.2%
6.7%
Q2 25
20.4%
1.6%
Q1 25
15.0%
-2.0%
Q4 24
148.3%
3.0%
Q3 24
23.8%
3.5%
Q2 24
11.9%
3.4%
Q1 24
3.0%
0.5%
EPS (diluted)
ACFN
ACFN
MG
MG
Q4 25
$0.42
$0.12
Q3 25
$0.10
$0.41
Q2 25
$0.28
$0.10
Q1 25
$0.19
$-0.10
Q4 24
$2.08
$0.17
Q3 24
$0.29
$0.20
Q2 24
$0.11
$0.20
Q1 24
$0.03
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACFN
ACFN
MG
MG
Cash + ST InvestmentsLiquidity on hand
$4.5M
$28.0M
Total DebtLower is stronger
$178.0M
Stockholders' EquityBook value
$8.3M
$235.1M
Total Assets
$13.3M
$578.8M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACFN
ACFN
MG
MG
Q4 25
$4.5M
$28.0M
Q3 25
$4.2M
$27.8M
Q2 25
$3.3M
$20.0M
Q1 25
$2.6M
$18.5M
Q4 24
$2.3M
$18.3M
Q3 24
$2.2M
$20.4M
Q2 24
$1.5M
$17.2M
Q1 24
$1.4M
$16.9M
Total Debt
ACFN
ACFN
MG
MG
Q4 25
$178.0M
Q3 25
$202.3M
Q2 25
$189.4M
Q1 25
$171.9M
Q4 24
$169.6M
Q3 24
$189.7M
Q2 24
$199.7M
Q1 24
$198.4M
Stockholders' Equity
ACFN
ACFN
MG
MG
Q4 25
$8.3M
$235.1M
Q3 25
$7.2M
$227.4M
Q2 25
$6.9M
$215.8M
Q1 25
$6.1M
$198.7M
Q4 24
$5.5M
$198.6M
Q3 24
$288.0K
$205.2M
Q2 24
$-451.0K
$193.2M
Q1 24
$-733.0K
$187.1M
Total Assets
ACFN
ACFN
MG
MG
Q4 25
$13.3M
$578.8M
Q3 25
$12.4M
$596.3M
Q2 25
$12.5M
$571.0M
Q1 25
$11.1M
$526.8M
Q4 24
$10.6M
$523.0M
Q3 24
$5.4M
$551.7M
Q2 24
$4.8M
$548.1M
Q1 24
$4.9M
$542.1M
Debt / Equity
ACFN
ACFN
MG
MG
Q4 25
0.76×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.85×
Q3 24
0.92×
Q2 24
1.03×
Q1 24
1.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACFN
ACFN
MG
MG
Operating Cash FlowLast quarter
$295.0K
$32.1M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
0.27×
8.55×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACFN
ACFN
MG
MG
Q4 25
$295.0K
$32.1M
Q3 25
$895.0K
$4.5M
Q2 25
$629.0K
$-9.3M
Q1 25
$271.0K
$5.6M
Q4 24
$166.0K
$25.7M
Q3 24
$698.0K
$19.4M
Q2 24
$84.0K
$4.5M
Q1 24
$-43.0K
$604.0K
Free Cash Flow
ACFN
ACFN
MG
MG
Q4 25
$26.0M
Q3 25
$-4.1M
Q2 25
$-14.7M
Q1 25
$1.1M
Q4 24
$22.1M
Q3 24
$14.6M
Q2 24
$-284.0K
Q1 24
$-4.2M
FCF Margin
ACFN
ACFN
MG
MG
Q4 25
14.3%
Q3 25
-2.1%
Q2 25
-7.9%
Q1 25
0.7%
Q4 24
12.8%
Q3 24
8.0%
Q2 24
-0.1%
Q1 24
-2.3%
Capex Intensity
ACFN
ACFN
MG
MG
Q4 25
3.4%
Q3 25
4.4%
Q2 25
2.9%
Q1 25
2.8%
Q4 24
2.1%
Q3 24
2.6%
Q2 24
2.5%
Q1 24
2.6%
Cash Conversion
ACFN
ACFN
MG
MG
Q4 25
0.27×
8.55×
Q3 25
3.55×
0.34×
Q2 25
0.87×
-3.07×
Q1 25
0.58×
Q4 24
0.03×
4.96×
Q3 24
0.96×
3.02×
Q2 24
0.31×
0.71×
Q1 24
-0.66×
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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