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Side-by-side financial comparison of ACORN ENERGY, INC. (ACFN) and Expion360 Inc. (XPON). Click either name above to swap in a different company.

ACORN ENERGY, INC. is the larger business by last-quarter revenue ($2.4M vs $2.2M, roughly 1.1× Expion360 Inc.). ACORN ENERGY, INC. runs the higher net margin — 45.2% vs -199.9%, a 245.1% gap on every dollar of revenue. On growth, Expion360 Inc. posted the faster year-over-year revenue change (11.8% vs -32.6%). Over the past eight quarters, Expion360 Inc.'s revenue compounded faster (51.1% 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.

Expion360 Inc. is a provider of high-performance lithium iron phosphate (LFP) battery solutions and supporting energy storage products. Its core customer segments cover recreational vehicle owners, marine users, off-grid lifestyle enthusiasts and residential users across the U.S. market, delivering safe, durable and low-carbon energy storage options.

ACFN vs XPON — Head-to-Head

Bigger by revenue
ACFN
ACFN
1.1× larger
ACFN
$2.4M
$2.2M
XPON
Growing faster (revenue YoY)
XPON
XPON
+44.4% gap
XPON
11.8%
-32.6%
ACFN
Higher net margin
ACFN
ACFN
245.1% more per $
ACFN
45.2%
-199.9%
XPON
Faster 2-yr revenue CAGR
XPON
XPON
Annualised
XPON
51.1%
5.6%
ACFN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACFN
ACFN
XPON
XPON
Revenue
$2.4M
$2.2M
Net Profit
$1.1M
$-4.4M
Gross Margin
80.1%
-14.8%
Operating Margin
11.7%
-234.4%
Net Margin
45.2%
-199.9%
Revenue YoY
-32.6%
11.8%
Net Profit YoY
-79.5%
-1663.2%
EPS (diluted)
$0.42
$-0.45

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
XPON
XPON
Q4 25
$2.4M
$2.2M
Q3 25
$2.5M
$2.4M
Q2 25
$3.5M
$3.0M
Q1 25
$3.1M
$2.0M
Q4 24
$3.5M
$2.0M
Q3 24
$3.0M
$1.4M
Q2 24
$2.3M
$1.3M
Q1 24
$2.1M
$971.9K
Net Profit
ACFN
ACFN
XPON
XPON
Q4 25
$1.1M
$-4.4M
Q3 25
$252.0K
$722.8K
Q2 25
$720.0K
$-1.4M
Q1 25
$464.0K
$-1.2M
Q4 24
$5.2M
$-251.6K
Q3 24
$725.0K
$-8.8M
Q2 24
$271.0K
$-2.2M
Q1 24
$65.0K
$-2.2M
Gross Margin
ACFN
ACFN
XPON
XPON
Q4 25
80.1%
-14.8%
Q3 25
78.5%
22.7%
Q2 25
74.9%
20.8%
Q1 25
75.1%
24.5%
Q4 24
72.4%
22.1%
Q3 24
71.7%
12.1%
Q2 24
73.2%
25.5%
Q1 24
74.6%
22.9%
Operating Margin
ACFN
ACFN
XPON
XPON
Q4 25
11.7%
-234.4%
Q3 25
6.4%
-125.4%
Q2 25
26.9%
-45.2%
Q1 25
19.5%
-56.0%
Q4 24
23.9%
-59.5%
Q3 24
24.8%
-138.7%
Q2 24
11.3%
-131.4%
Q1 24
3.7%
-202.4%
Net Margin
ACFN
ACFN
XPON
XPON
Q4 25
45.2%
-199.9%
Q3 25
10.2%
30.2%
Q2 25
20.4%
-45.8%
Q1 25
15.0%
-56.2%
Q4 24
148.3%
-12.7%
Q3 24
23.8%
-634.4%
Q2 24
11.9%
-173.7%
Q1 24
3.0%
-225.6%
EPS (diluted)
ACFN
ACFN
XPON
XPON
Q4 25
$0.42
$-0.45
Q3 25
$0.10
$0.10
Q2 25
$0.28
$-0.41
Q1 25
$0.19
$-0.37
Q4 24
$2.08
$65.02
Q3 24
$0.29
$-24.55
Q2 24
$0.11
$-30.20
Q1 24
$0.03
$-31.30

Balance Sheet & Financial Strength

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

Metric
ACFN
ACFN
XPON
XPON
Cash + ST InvestmentsLiquidity on hand
$4.5M
$3.0M
Total DebtLower is stronger
$197.2K
Stockholders' EquityBook value
$8.3M
$6.5M
Total Assets
$13.3M
$8.1M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACFN
ACFN
XPON
XPON
Q4 25
$4.5M
$3.0M
Q3 25
$4.2M
$4.3M
Q2 25
$3.3M
$684.9K
Q1 25
$2.6M
$1.1M
Q4 24
$2.3M
$547.6K
Q3 24
$2.2M
$3.3M
Q2 24
$1.5M
$902.3K
Q1 24
$1.4M
$2.3M
Total Debt
ACFN
ACFN
XPON
XPON
Q4 25
$197.2K
Q3 25
$205.6K
Q2 25
$213.6K
Q1 25
$221.8K
Q4 24
$230.2K
Q3 24
$239.9K
Q2 24
$247.7K
Q1 24
$255.4K
Stockholders' Equity
ACFN
ACFN
XPON
XPON
Q4 25
$8.3M
$6.5M
Q3 25
$7.2M
$9.0M
Q2 25
$6.9M
$2.1M
Q1 25
$6.1M
$3.2M
Q4 24
$5.5M
$2.5M
Q3 24
$288.0K
$2.5M
Q2 24
$-451.0K
$2.5M
Q1 24
$-733.0K
$3.7M
Total Assets
ACFN
ACFN
XPON
XPON
Q4 25
$13.3M
$8.1M
Q3 25
$12.4M
$10.7M
Q2 25
$12.5M
$8.6M
Q1 25
$11.1M
$9.2M
Q4 24
$10.6M
$9.1M
Q3 24
$5.4M
$10.1M
Q2 24
$4.8M
$8.8M
Q1 24
$4.9M
$10.0M
Debt / Equity
ACFN
ACFN
XPON
XPON
Q4 25
0.03×
Q3 25
0.02×
Q2 25
0.10×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.07×

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
XPON
XPON
Operating Cash FlowLast quarter
$295.0K
$-2.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACFN
ACFN
XPON
XPON
Q4 25
$295.0K
$-2.4M
Q3 25
$895.0K
$-2.1M
Q2 25
$629.0K
$-401.0K
Q1 25
$271.0K
$-1.2M
Q4 24
$166.0K
$-2.9M
Q3 24
$698.0K
$-3.2M
Q2 24
$84.0K
$-1.7M
Q1 24
$-43.0K
$-1.7M
Free Cash Flow
ACFN
ACFN
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-1.7M
FCF Margin
ACFN
ACFN
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-173.1%
Capex Intensity
ACFN
ACFN
XPON
XPON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.1%
Cash Conversion
ACFN
ACFN
XPON
XPON
Q4 25
0.27×
Q3 25
3.55×
-2.90×
Q2 25
0.87×
Q1 25
0.58×
Q4 24
0.03×
Q3 24
0.96×
Q2 24
0.31×
Q1 24
-0.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ACFN
ACFN

PG$2.2M94%
Other$143.0K6%

XPON
XPON

Segment breakdown not available.

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