Acacia Research Financials Overview

ACTG Stock

USD 4.66 -0.05 -1.06%

The financials for Acacia Research reveal how operating scale, margin structure, and balance-sheet leverage combine in the current environment. Acacia Research generated $285.23 million in revenue and $21.68 million in net income. The latest filing shows $469.13 million in cash and $100.49 million in debt obligations. Operational scale and capital discipline leave Acacia Research with pressured financial positioning. Asset returns have turned negative, signaling headwinds in the current operating cycle.

Cash Flow Balance Sheet Income Statement

Macro event markers

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Interest Hikes

Balance Sheet Account Activities

Total Stockholder Equity stood at $543.45 million as of December 31, 2025. Meanwhile, Property Plant And Equipment Net is broadly unchanged at $32.79 million, while Cash And Short Term Investments remains stable at $330.09 million.

Total Assets Total Current Liabilities Total Stockholder Equity Property Plant And Equipment Net

Add Fundamental

Key Financial Indicators for Acacia Research

Operating Margin

-15.4%

Short Term Coverage Ratios

-0.58

Short Long Term Debt Total

62.85 million

Other Current Liab

36.47 million

Price Earnings Ratio

17.44

Evaluating Acacia Research starts with whether reported earnings are supported by actual cash generation and manageable leverage. When cash flow consistently lags earnings, Acacia Research's profitability may not be fully supported by cash. Acacia Research's financial health directly affects its ability to invest in growth and support dividends. Acacia Research posted $12.25 in Cash Per Share, $0.64 in Free Cash Flow Per Share, and a Cash Ratio of 7.55 for the reported period.

Net Working Capital

$362.46 million

Acacia Research Stock Summary

Acacia Research is commonly compared to Spire Global, Civeo Corp, Rich Sparkle, Quad Graphics, and Tecogen. Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets and engages in the licensing and enforcement of patented technologies. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York. Acacia Res-Acacia operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 287 people.

Specialization	Industrials, Commercial & Professional Services
Instrument	USA Stock View All
Exchange	NASDAQ Exchange
ISIN	US0038813079
Business Address	777 Third Avenue,
Sector	Professional Services
Industry	Industrials
Benchmark	Dow Jones Industrial
Website	www.acaciaresearch.com
Phone	332 236 8500
Trading Currency	USD - US Dollar
Reporting Currency	USD - US Dollar

Acacia Research's financials below track how revenue converts to earnings, how earnings convert to cash, and what the balance sheet looks like along the way. The data covers Acacia Research asset base, cost structure, and cash cycle across recent reporting periods. Benchmarking Acacia Research figures against prior periods and sector norms sharpens the analytical signal.

Key Financial Ratios

Profitability, solvency, and efficiency ratios derived from Acacia Research's filings isolate whether earnings power, debt management, and asset utilization are improving or deteriorating.

	Return On Equity TTM	-0.0291
	Return On Asset TTM	-0.0323
	Profit Margin TTM	-0.0853
	Operating Margin TTM	-0.15
	Target Price	6.0

More Fundamentals

Key Balance Sheet Accounts

Leverage shapes both risk and opportunity on Acacia Research's balance sheet. With 469.1 M in liquid assets and a current ratio of 3.67, Acacia Research shows preparedness for capital demands. The full balance sheet accounts add context to Acacia Research's financial position.

	2022	2023	2024	2025	2026 (projected)
Property Plant Equipment	951K	6.2M	3.5M	4.1M	4.3M
Current Deferred Revenue	1.5M	1.1M	1.6M	945K	1.2M

Key Income Statement Accounts

Acacia Research's income statement is a record of earnings quality. Acacia Research reports an operating margin of -15.41% on a trailing twelve-month basis, compared to 2.36% in the last reported annual period, reflecting the efficiency of day-to-day operations. Acacia Research's ability to generate profit is best understood through the income statement.

	2022	2023	2024	2025	2026 (projected)
Research Development	200K	626K	735K	661.5K	628.4K
Selling And Marketing Expenses	8.6M	6.9M	7.2M	13.0M	6.8M

Key Cash Accounts

Earnings can be managed, but cash is harder to fabricate in Acacia Research's financial statements. Acacia Research's cash flow accounts break down the components across operating, investing, and financing activities. The detailed cash accounts show how Acacia Research's cash is generated and ultimately deployed.

		2022	2023	2024	2025	2026 (projected)
Change To Inventory		-5.3M	3.3M	1.1M	212K	201.4K

Financial Ratio Analysis

ROE stood at 0.04 as of December 31, 2025. Related reported metric: Return On Asset TTM at 2.95% as of December 31, 2025.

Core Fundamental Drivers

Acacia Research's fundamental indicators form a connected framework where profitability funds debt reduction, and leverage in turn affects cost of capital. Acacia Research reports revenue of 285.23 M, a price-to-earnings ratio of 2.65, and an operating margin of -15.41% on a trailing twelve-month basis, compared to 2.36% in the last reported annual period.

	2023	2024	2025	2026 (projected)
Reconciled Depreciation	13.5M	33.6M	43.3M	45.5M
Interest Income	14.6M	17.0M	11.3M	7.4M

Reconciled Depreciation Interest Income

Key Balance Sheet Account Correlations

Cross-account correlations in Acacia Research's balance sheet distinguish structural linkages from coincidental co-movement. Pairs that consistently correlate above 0.7 likely share an underlying driver - revenue scale, cost structure, or capital deployment - while persistently inverse pairs indicate that Acacia Research's business model absorbs shocks differently across those accounts. Relationships between total assets and total liabilities reveal how changes in leverage affect the overall financial position.

Balance Sheet Account Relationship Matchups

High Positive Relationship

Cash	+ 0.78	Total Assets
Total Liab	+ 0.67	Total Assets
Total Liab	+ 0.58	Cash
Inventory	+ 0.53	Total Assets
Inventory	+ 0.53	Cash
Intangible Assets	+ 0.52	Retained Earnings

High Negative Relationship

Cash	- 0.81	Net Debt
Common Stock	- 0.52	Total Assets
Common Stock	- 0.48	Cash
Net Receivables	- 0.48	Net Debt
Net Debt	- 0.46	Total Assets
Good Will	- 0.43	Net Debt

Financial Metrics, Fundamentals & Methodology

Reviewing Acacia Research means checking how consistently revenue is converted into earnings and cash flow. Cash reserves provide a direct read on near-term financial cushion. Acacia Research financial statements report revenue of 285.23 million, EPS loss of 0.19, negative operating margin of 15.41%, current ratio of 3.67 as of the latest reporting period.

Acacia Research metrics are compiled from periodic company reporting and market reference feeds and normalized before display. Analyst inputs may be included when coverage is available. Statement-level metrics reflect company-reported GAAP or IFRS formats for the relevant filing period.

Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board

Total Assets	Other Current Liab
Total Current Liabilities	Total Stockholder Equity
Property Plant And Equipment Net	Net Debt
Retained Earnings	Accounts Payable
Cash	Non Current Assets Total
Non Current Assets Other	Cash And Short Term Investments
Net Receivables	Common Stock Total Equity
Common Stock Shares Outstanding	Liabilities And Stockholders Equity
Non Current Liabilities Total	Inventory
Other Current Assets	Other Stockholder Equity
Total Liab	Property Plant And Equipment Gross
Total Current Assets	Common Stock
Short Long Term Debt Total	Short Term Debt
Good Will	Intangible Assets
Other Assets	Short Term Investments
Property Plant Equipment	Other Liab
Long Term Debt	Accumulated Other Comprehensive Income
Current Deferred Revenue	Net Tangible Assets
Noncontrolling Interest In Consolidated Entity	Retained Earnings Total Equity
Capital Surplus	Total Permanent Equity
Additional Paid In Capital	Deferred Long Term Liab
Preferred Stock Total Equity	Treasury Stock
Non Current Liabilities Other	Temporary Equity Redeemable Noncontrolling Interests
Long Term Investments	Net Invested Capital
Net Working Capital	Capital Stock
Long Term Debt Total	Capital Lease Obligations
Preferred Stock Redeemable	Short Long Term Debt

	Total Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Total Liab	Common Stock	Good Will	Intangible Assets
Total Assets		-0.46	0.14	0.06	0.78	0.28	0.53	0.67	-0.52	0.41	0.27
Net Debt	-0.46		-0.2	-0.02	-0.81	-0.48	-0.39	-0.02	0.45	-0.43	-0.09
Retained Earnings	0.14	-0.2		-0.34	0.06	-0.19	0.37	-0.14	0.43	0.37	0.52
Accounts Payable	0.06	-0.02	-0.34		0.06	0.35	0.32	0.06	-0.18	-0.01	-0.01
Cash	0.78	-0.81	0.06	0.06		0.39	0.53	0.58	-0.48	0.3	-0.13
Net Receivables	0.28	-0.48	-0.19	0.35	0.39		0.27	-0.09	-0.2	-0.06	-0.06
Inventory	0.53	-0.39	0.37	0.32	0.53	0.27		0.33	0.01	0.43	0.17
Total Liab	0.67	-0.02	-0.14	0.06	0.58	-0.09	0.33		-0.24	-0.11	-0.26
Common Stock	-0.52	0.45	0.43	-0.18	-0.48	-0.2	0.01	-0.24		-0.3	-0.22
Good Will	0.41	-0.43	0.37	-0.01	0.3	-0.06	0.43	-0.11	-0.3		0.49
Intangible Assets	0.27	-0.09	0.52	-0.01	-0.13	-0.06	0.17	-0.26	-0.22	0.49