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Side-by-side financial comparison of ACORN ENERGY, INC. (ACFN) and Solaris Energy Infrastructure, Inc. (SEI), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Solaris Energy Infrastructure, Inc. is the larger business by last-quarter revenue ($179.7M vs $2.4M, roughly 75.6× ACORN ENERGY, INC.). ACORN ENERGY, INC. runs the higher net margin — 45.2% vs -0.9%, a 46.1% gap on every dollar of revenue. On growth, Solaris Energy Infrastructure, Inc. posted the faster year-over-year revenue change (86.6% vs -32.6%). Over the past eight quarters, Solaris Energy Infrastructure, Inc.'s revenue compounded faster (62.7% CAGR vs 5.6%).

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.

AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. It is one of the "big three" retailers in the National Electricity Market. AGL is Australia's largest electricity generator, and the nation's largest carbon emitter.

ACFN vs SEI — Head-to-Head

Bigger by revenue
SEI
SEI
75.6× larger
SEI
$179.7M
$2.4M
ACFN
Growing faster (revenue YoY)
SEI
SEI
+119.3% gap
SEI
86.6%
-32.6%
ACFN
Higher net margin
ACFN
ACFN
46.1% more per $
ACFN
45.2%
-0.9%
SEI
Faster 2-yr revenue CAGR
SEI
SEI
Annualised
SEI
62.7%
5.6%
ACFN

Income Statement — Q4 2025 vs Q4 2025

Metric
ACFN
ACFN
SEI
SEI
Revenue
$2.4M
$179.7M
Net Profit
$1.1M
$-1.7M
Gross Margin
80.1%
Operating Margin
11.7%
22.2%
Net Margin
45.2%
-0.9%
Revenue YoY
-32.6%
86.6%
Net Profit YoY
-79.5%
-126.5%
EPS (diluted)
$0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ACFN
ACFN
SEI
SEI
Q4 25
$2.4M
$179.7M
Q3 25
$2.5M
$166.8M
Q2 25
$3.5M
$149.3M
Q1 25
$3.1M
$126.3M
Q4 24
$3.5M
$96.3M
Q3 24
$3.0M
$75.0M
Q2 24
$2.3M
$73.9M
Q1 24
$2.1M
$67.9M
Net Profit
ACFN
ACFN
SEI
SEI
Q4 25
$1.1M
$-1.7M
Q3 25
$252.0K
$14.6M
Q2 25
$720.0K
$12.0M
Q1 25
$464.0K
$5.3M
Q4 24
$5.2M
$6.3M
Q3 24
$725.0K
$-968.0K
Q2 24
$271.0K
$6.2M
Q1 24
$65.0K
$4.3M
Gross Margin
ACFN
ACFN
SEI
SEI
Q4 25
80.1%
Q3 25
78.5%
Q2 25
74.9%
Q1 25
75.1%
Q4 24
72.4%
Q3 24
71.7%
Q2 24
73.2%
Q1 24
74.6%
Operating Margin
ACFN
ACFN
SEI
SEI
Q4 25
11.7%
22.2%
Q3 25
6.4%
22.7%
Q2 25
26.9%
23.8%
Q1 25
19.5%
17.5%
Q4 24
23.9%
26.7%
Q3 24
24.8%
7.0%
Q2 24
11.3%
16.0%
Q1 24
3.7%
14.7%
Net Margin
ACFN
ACFN
SEI
SEI
Q4 25
45.2%
-0.9%
Q3 25
10.2%
8.7%
Q2 25
20.4%
8.0%
Q1 25
15.0%
4.2%
Q4 24
148.3%
6.5%
Q3 24
23.8%
-1.3%
Q2 24
11.9%
8.4%
Q1 24
3.0%
6.4%
EPS (diluted)
ACFN
ACFN
SEI
SEI
Q4 25
$0.42
Q3 25
$0.10
Q2 25
$0.28
Q1 25
$0.19
Q4 24
$2.08
Q3 24
$0.29
Q2 24
$0.11
Q1 24
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
ACFN
ACFN
SEI
SEI
Cash + ST InvestmentsLiquidity on hand
$4.5M
$353.3M
Total DebtLower is stronger
$184.0M
Stockholders' EquityBook value
$8.3M
$564.3M
Total Assets
$13.3M
$2.1B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
ACFN
ACFN
SEI
SEI
Q4 25
$4.5M
$353.3M
Q3 25
$4.2M
$106.7M
Q2 25
$3.3M
$99.6M
Q1 25
$2.6M
$16.7M
Q4 24
$2.3M
$114.3M
Q3 24
$2.2M
$18.6M
Q2 24
$1.5M
$5.1M
Q1 24
$1.4M
$3.4M
Total Debt
ACFN
ACFN
SEI
SEI
Q4 25
$184.0M
Q3 25
$382.8M
Q2 25
$386.2M
Q1 25
$316.2M
Q4 24
$315.7M
Q3 24
$315.3M
Q2 24
Q1 24
Stockholders' Equity
ACFN
ACFN
SEI
SEI
Q4 25
$8.3M
$564.3M
Q3 25
$7.2M
$546.6M
Q2 25
$6.9M
$399.1M
Q1 25
$6.1M
$361.3M
Q4 24
$5.5M
$355.6M
Q3 24
$288.0K
$221.7M
Q2 24
$-451.0K
$204.6M
Q1 24
$-733.0K
$200.1M
Total Assets
ACFN
ACFN
SEI
SEI
Q4 25
$13.3M
$2.1B
Q3 25
$12.4M
$1.6B
Q2 25
$12.5M
$1.5B
Q1 25
$11.1M
$1.1B
Q4 24
$10.6M
$1.1B
Q3 24
$5.4M
$939.5M
Q2 24
$4.8M
$457.8M
Q1 24
$4.9M
$457.1M
Debt / Equity
ACFN
ACFN
SEI
SEI
Q4 25
0.33×
Q3 25
0.70×
Q2 25
0.97×
Q1 25
0.88×
Q4 24
0.89×
Q3 24
1.42×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
ACFN
ACFN
SEI
SEI
Operating Cash FlowLast quarter
$295.0K
$95.9M
Free Cash FlowOCF − Capex
$-158.6M
FCF MarginFCF / Revenue
-88.2%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
141.6%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.27×
TTM Free Cash FlowTrailing 4 quarters
$-437.7M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
ACFN
ACFN
SEI
SEI
Q4 25
$295.0K
$95.9M
Q3 25
$895.0K
$63.3M
Q2 25
$629.0K
$24.2M
Q1 25
$271.0K
$25.7M
Q4 24
$166.0K
$13.1M
Q3 24
$698.0K
$10.5M
Q2 24
$84.0K
$18.9M
Q1 24
$-43.0K
$16.9M
Free Cash Flow
ACFN
ACFN
SEI
SEI
Q4 25
$-158.6M
Q3 25
$462.0K
Q2 25
$-160.9M
Q1 25
$-118.6M
Q4 24
$-113.6M
Q3 24
$-47.2M
Q2 24
$18.2M
Q1 24
$13.5M
FCF Margin
ACFN
ACFN
SEI
SEI
Q4 25
-88.2%
Q3 25
0.3%
Q2 25
-107.8%
Q1 25
-93.9%
Q4 24
-117.9%
Q3 24
-63.0%
Q2 24
24.7%
Q1 24
19.9%
Capex Intensity
ACFN
ACFN
SEI
SEI
Q4 25
141.6%
Q3 25
37.6%
Q2 25
124.0%
Q1 25
114.2%
Q4 24
131.5%
Q3 24
77.0%
Q2 24
0.9%
Q1 24
4.9%
Cash Conversion
ACFN
ACFN
SEI
SEI
Q4 25
0.27×
Q3 25
3.55×
4.35×
Q2 25
0.87×
2.02×
Q1 25
0.58×
4.83×
Q4 24
0.03×
2.10×
Q3 24
0.96×
Q2 24
0.31×
3.04×
Q1 24
-0.66×
3.91×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

ACFN
ACFN

Segment breakdown not available.

SEI
SEI

Solaris Power Solutions$103.7M58%
Solaris Logistics Solutions$76.1M42%

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