Acacia Research Corp (ACTG) Financial Statements
Industry: Patent Owners & Lessors
In fiscal 2025, Acacia Research reported revenue of $285.2M, up 133.2% from $122.3M the year before. Net income was $21.7M (a 7.6% net margin), or $0.22 per diluted share. Gross margin was 29.6% and operating margin was 2.2%. Operating activities generated $75.2M of cash. At fiscal year end, Acacia Research held $771.0M in total assets against $186.9M in total liabilities, including $306.7M of cash and equivalents.
Open the full interactive Acacia Research financials → Quarterly statements, key ratios, valuation history and price charts.
Acacia Research Key Stats
| Share Price | $4.40 |
|---|---|
| Market Cap | $431.7M |
| P/E Ratio | 20.0 |
| Revenue YoY Growth | +133.2% |
| 52-Week Range | $3.26 – $5.16 |
| Shares Outstanding | 96.9 million (basic, 2026 Q2) |
Acacia Research Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $29.8M | $12.0M | $59.2M | $125.1M | $122.3M | $285.2M |
| Cost of Goods Sold | — | $73.5M | $99.3M | $104.2M | $155.2M | $278.8M |
| Gross Profit | $5.0M | -$61.5M | $21.8M | $72.3M | $29.7M | $84.5M |
| Operating Income | -$19.5M | $14.5M | -$40.1M | $20.9M | -$32.9M | $6.4M |
| Pre-Tax Income | $112.3M | $174.7M | -$127.2M | $67.4M | -$38.1M | $31.3M |
| Income Tax | -$1.2M | $24.3M | -$16.2M | -$1.5M | -$3.4M | $6.8M |
| Net Income | $113.4M | $149.2M | -$125.1M | $67.1M | -$36.1M | $21.7M |
| Diluted EPS | $1.54 | $1.91 | -$3.13 | $0.58 | -$0.36 | $0.22 |
Acacia Research Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $59.4M | $50.1M | $54.2M | $114.6M |
| Net Income | -$2.7M | $3.4M | -$15.7M | $47,000 |
| Diluted EPS | -$0.03 | $0.04 | -$0.16 | — |
Acacia Research Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $165.5M | $308.9M | $287.8M | $340.1M | $273.9M | $306.7M |
| Current Assets | $457.7M | $730.7M | $428.0M | $554.5M | $420.1M | $450.1M |
| Total Assets | $515.5M | $798.9M | $482.9M | $633.5M | $756.4M | $771.0M |
| Current Liabilities | $124.8M | $200.2M | $87.2M | $27.6M | $47.2M | $49.0M |
| Total Long-Term Debt | — | — | — | $10.5M | $114.0M | $91.9M |
| Total Liabilities | $212.1M | $353.6M | $193.7M | $43.9M | $203.8M | $186.9M |
| Shareholders' Equity | $281.5M | $419.4M | $258.3M | $568.3M | $514.8M | $543.5M |
Acacia Research Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$19.6M | $13.3M | -$37.3M | -$22.5M | $50.1M | $75.2M |
| Cash From Investing | $18.6M | $35.8M | $184.5M | $16.2M | -$213.0M | -$21.0M |
| Cash From Financing | $109.2M | $59.7M | -$166.1M | $58.6M | $97.6M | -$22.7M |
| Free Cash Flow | -$19.8M | $13.2M | -$38.1M | -$22.7M | -$98.5M | — |
| Dividends Paid | $1.4M | $1.5M | $2.8M | $1.4M | $0 | — |
Figures from Acacia Research's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Acacia Research financials page for every line item.
Acacia Research Company Profile
| Ticker | ACTG |
|---|---|
| Exchange | Nasdaq |
| Industry | Patent Owners & Lessors |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000934549 |
Frequently Asked Questions
What was Acacia Research's revenue in fiscal 2025?
Acacia Research (ACTG) reported revenue of $285.2M for fiscal 2025.
What is Acacia Research's annual revenue history?
Acacia Research's annual revenue by fiscal year: 2020: $29.8M; 2021: $12.0M; 2022: $59.2M; 2023: $125.1M; 2024: $122.3M; 2025: $285.2M.
What was Acacia Research's net income in fiscal 2025?
Acacia Research reported net income of $21.7M for fiscal 2025.
What was Acacia Research's earnings per share (EPS) in fiscal 2025?
Acacia Research's diluted EPS was $0.22 for fiscal 2025 (adjusted for any later stock splits).
What was Acacia Research's revenue last quarter?
In its most recent reported quarter (2026 Q2), Acacia Research reported revenue of $114.6M.
How much debt does Acacia Research have?
Acacia Research reported $91.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Acacia Research are outstanding?
Acacia Research reported a weighted average of 96.9 million basic shares outstanding in 2026 Q2.
What is Acacia Research's market cap?
Based on its latest closing price, Acacia Research (ACTG) has a market capitalization of about $431.7M.
When does Acacia Research's fiscal year end?
Acacia Research's fiscal year end, as registered with the SEC, is December 31.
Where is Acacia Research headquartered?
Acacia Research lists its business address in New York, New York in its SEC filings.