Acacia Research Corp
ACTG Nasdaq· Patent Owners & Lessors
Last close · Oct 27, 2026
$4.30
KIRA · Stoqly’s AI analyst, in plain words
- Acacia Research Corp had $285M of revenue in fiscal 2025, up 133.2% on the year before. Over five years, revenue changed +57.1% a year on average.
- Its operating margin was 2.2%, up 29.2 pts: of every 100 in sales, about 2 is left after running the business.
- Acacia Research Corp made $21.7M of net profit in fiscal 2025.
- Acacia Research Corp returned $0.0M to shareholders in fiscal 2025. The diluted share count fell 2.1%.
- Acacia Research Corp has $215M more cash than debt.
Market cap
$422M
P/E
—
Revenue
$285M
Net income
$21.7M
Free cash flow
—
Operating margin
2.2%
Acacia Research Corp in 30 seconds · fiscal 2025
Are sales growing?
+133.2%
Yes. Sales grew 133.2% last year.
Does it make a profit?
7.6%
A little. It keeps 7.6% of every sale as profit.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Acacia Research Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 12, 2026
- Legal name
- ACACIA RESEARCH CORP
- CIK
- 0000934549
Acacia Research Corp · ACTG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $12.0M | $59.2M | $125M | $122M | $285M |
| Revenue growth | −59.7% | 393.4% | 111.2% | −2.2% | 133.2% |
| Gross margin | 432.8% | 36.9% | 57.8% | 24.2% | 29.6% |
| Operating margin | 121.2% | −67.7% | 16.7% | −26.9% | 2.2% |
| Net income | $149M | −$125M | $67.1M | −$36.1M | $21.7M |
| Net margin | 1,242.9% | −211.2% | 53.6% | −29.5% | 7.6% |
| Diluted EPS | $1.91 | −$3.13 | $0.58 | −$0.36 | $0.22 |
| Cash | |||||
| Cash from operations | $13.3M | −$37.3M | −$22.5M | $50.1M | $75.2M |
| Capital expenditure | $0.1M | $0.7M | $0.2M | $149M | — |
| Free cash flow | $13.2M | −$38.1M | −$22.7M | −$98.5M | — |
| FCF margin | 110.3% | −64.3% | −18.1% | −80.6% | — |
| Dividends paid | $1.5M | $2.8M | $1.4M | $0.0M | — |
| Share buybacks | $4.0M | $51.0M | $0.0M | $20.3M | $0.0M |
| Share count change | 71.4% | −56.9% | 117.6% | 7.4% | −2.1% |
| Debt and strength | |||||
| Cash and short-term investments | $707M | $386M | $440M | $274M | $307M |
| Debt incl. finance leases | — | — | — | $2.4M | $91.9M |
| Shareholders' equity | $419M | $258M | $568M | $515M | $543M |
| Net debt / EBITDA | — | — | — | −419.0x | −4.3x |
| Current ratio | 3.6x | 4.9x | 20.1x | 8.5x | 9.2x |
| Interest coverage | 1.8x | −6.2x | 10.1x | −5.1x | 0.7x |
| Returns and quality | |||||
| Return on capital | — | — | — | −10.7% | 1.5% |
| Return on equity | 42.8% | −36.9% | 16.2% | −6.7% | 4.1% |
| Return on tangible equity | 32.7% | −62.1% | 10.5% | −8.4% | 4.6% |
| Piotroski F-score | 3 | 4 | 5 | 2 | 8 |
| Altman Z'' | 5.0 | 3.4 | 18.0 | 4.4 | 5.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.5M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Acacia Research Corp · ACTG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.30 a share, the company is worth $422M.
Source: SEC EDGAR XBRL filings (CIK 0000934549). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.