ACACIA RESEARCH CORP
ACACIA RESEARCH CORP
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 308 | 307 | 302 | 317 | 272 | 274 | 360 | 387 | 439 | 340 | 345 | 355 | |||||
Equity Securities Fv Ni | 14 | 18 | 27 | 21 | 18 | 23 | 14 | 18 | 23 | 63 | 65 | 53 | |||||
Trading Securities Debt | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Notes And Loans Receivable Net Current | 8 | 15 | 3 | - | 15 | 0 | 0 | - | - | - | - | - | |||||
Accounts Receivable Net Current | 29 | 26 | 27 | 23 | 96 | 27 | 11 | 19 | 15 | 81 | 6 | 6 | |||||
Inventory Net | 23 | 27 | 26 | 26 | 26 | 27 | 12 | 12 | 10 | 11 | 12 | 14 | |||||
Prepaid Expense And Other Assets Current | 12 | 21 | 18 | 20 | 16 | 32 | 24 | 21 | 29 | 23 | 20 | 21 | |||||
Assets Current | 431 | 450 | 441 | 444 | 465 | 420 | 458 | 494 | 553 | 555 | 484 | 486 | |||||
Property Plant And Equipment Net | 20 | 21 | 22 | 23 | 23 | 24 | 2 | 2 | 2 | 2 | 3 | 3 | |||||
Oil And Gas Property Full Cost Method Net | 196 | 191 | 189 | 187 | 189 | 192 | 190 | 193 | 25 | 25 | - | - | |||||
Goodwill | 26 | 26 | 26 | 26 | 26 | 29 | 9 | 9 | 9 | 9 | 8 | 8 | |||||
Intangible Assets Net Excluding Goodwill | 45 | 48 | 55 | 62 | 68 | 55 | 31 | 36 | 30 | 34 | 28 | 31 | |||||
Operating Lease Right Of Use Asset | 12 | 12 | 12 | 10 | 8 | 9 | 1 | 2 | 2 | 2 | 1 | 1 | |||||
Deferred Income Tax Assets Net | 18 | 15 | 17 | 17 | 17 | 20 | 8 | 14 | 7 | 3 | 0 | - | |||||
Other Assets Noncurrent | 8 | 9 | 7 | 7 | 6 | 6 | 8 | 4 | 5 | 4 | 5 | 7 | |||||
Assets | 756 | 771 | 769 | 776 | 802 | 756 | 708 | 754 | 632 | 634 | 529 | 535 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 11 | 13 | 13 | 11 | 12 | 12 | 5 | 3 | 5 | 3 | 9 | 6 | |||||
Accounts Payable And Other Accrued Liabilities Cur… | 23 | 20 | 20 | 23 | 24 | 21 | 9 | 15 | 4 | 8 | 5 | 4 | |||||
Employee Related Liabilities Current | 6 | 7 | 8 | 6 | 7 | 6 | 5 | 4 | 5 | 4 | 5 | 6 | |||||
Asset Retirement Obligation Current | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | - | - | |||||
Contract With Customer Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Loss Contingency Accrual At Carrying Value | - | - | - | - | - | - | - | 15 | 8 | - | - | - | |||||
Long Term Debt Current | - | 0 | 0 | 2 | 2 | 2 | - | - | - | - | - | - | |||||
Liabilities Current | 50 | 49 | 51 | 50 | 75 | 50 | 28 | 44 | 26 | 28 | 21 | 78 | |||||
Secured Debt Current | - | - | - | - | - | - | - | - | - | 0 | 0 | 60 | |||||
Contract With Customer Liability Noncurrent | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1 | |||||
Asset Retirement Obligations Noncurrent | 33 | 33 | 32 | 32 | 31 | 31 | 28 | 28 | 0 | 0 | - | - | |||||
Operating Lease Liability Noncurrent | 9 | 8 | 9 | 8 | 6 | 7 | 1 | 1 | 1 | 2 | 2 | 1 | |||||
Deferred Income Tax Liabilities Net | 2 | 2 | 3 | 3 | 3 | 3 | - | - | - | 0 | 0 | 0 | |||||
Embedded Derivative Fair Value Of Embedded Derivat… | - | - | - | - | - | - | - | - | - | 0 | 0 | 13 | |||||
Line Of Credit | 60 | 60 | 59 | 58 | 62 | 67 | 70 | 82 | 13 | 11 | - | - | |||||
Secured Debt | 31 | 33 | 36 | 44 | 44 | 45 | - | - | - | 0 | - | - | |||||
Other Liabilities Noncurrent | 4 | 3 | 3 | 4 | 3 | 2 | 2 | 1 | 1 | 4 | 2 | 2 | |||||
Liabilities | 189 | 187 | 192 | 198 | 224 | 204 | 129 | 157 | 42 | 44 | 26 | 176 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Redemption Amount | - | - | - | - | - | - | - | - | - | 0 | 0 | 23 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Value | -119 | -119 | -119 | -119 | -119 | -119 | -106 | -98 | -98 | -98 | -98 | -98 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 1 | 1 | 0 | 0 | -1 | -1 | - | - | - | 0 | - | - | |||||
Additional Paid In Capital | 916 | 915 | 913 | 911 | 911 | 910 | 908 | 907 | 906 | 906 | 905 | 739 | |||||
Retained Earnings Accumulated Deficit | -270 | -254 | -258 | -255 | -251 | -276 | -262 | -248 | -240 | -240 | -314 | -316 | |||||
Stockholders Equity | 529 | 543 | 577 | 539 | 577 | 553 | 540 | 561 | 568 | 568 | 493 | 335 | |||||
Minority Interest | 39 | 41 | 39 | 39 | 37 | 38 | 38 | 36 | 21 | 21 | 11 | 11 | |||||
Liabilities And Stockholders Equity | 756 | 771 | 769 | 776 | 802 | 756 | 708 | 754 | 632 | 634 | 529 | 535 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0 | 0.001 | 0.001 | 0.001 | 0 | 0.001 | 0.001 | 0.001 | 0 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Redeemable Preferred Stock | - | - | - | - | - | - | - | - | - | 0 | -0 | 0 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0 | 0.001 | 0.001 | 0.001 | 0 | 0.001 | 0.001 | 0.001 | 0 | 0.001 | 0.001 | |||||
Temporary Equity Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | 0 | 0.001 | - | |||||
Temporary Equity Redemption Price Per Share | - | - | - | - | - | - | - | - | - | 100 | 100 | - | |||||
Common Stock Shares Authorized | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | |||||
Temporary Equity Shares Authorized | - | - | - | - | - | - | - | - | - | 0 | 0 | - | |||||
Shares Outstanding | 97 | 96 | 96 | 96 | 96 | 96 | 99 | 100 | 100 | 100 | 100 | 118 | |||||
Common Stock Shares Issued | 97 | 96 | 96 | 96 | 96 | 96 | 99 | 100 | 100 | 100 | 100 | 118 | |||||
Temporary Equity Shares Issued | - | - | - | - | - | - | - | - | - | 0 | 0 | - | |||||
Temporary Equity Shares Outstanding | - | - | - | - | - | - | - | - | - | 0 | 0 | - | |||||
Treasury Stock Common Shares | 21 | 21 | 21 | 21 | 21 | 21 | 18 | 16 | 16 | 16 | 16 | 16 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.27% | -0.42% | -1.06% | - | - | - | - | - | - | - | - | - |
| 2025 | -1.06% | -2.12% | 0.00% | 2.40% | -1.20% | 6.61% | 4.47% | 4.19% | 10.61% | 2.67% | 5.34% | -4.52% |
| 2024 | 9.84% | -1.38% | 6.69% | -2.24% | -3.86% | -3.46% | 5.10% | 0.23% | 1.16% | -17.09% | 7.41% | 9.12% |
| 2023 | 7.50% | 4.00% | -1.50% | -2.04% | -9.18% | -10.71% | 4.13% | 5.79% | 9.37% | 12.26% | 7.96% | 20.00% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 8.56 | 9.18 | 8.63 | 8.80 | 6.16 | 8.46 | 16.39 | 11.17 | 21.40 | 20.06 | 22.60 | 6.24 | |||||
| Quick Ratio | 7.85 | 8.21 | 7.76 | 7.90 | 5.60 | 7.27 | 15.10 | 10.42 | 19.88 | 18.83 | 21.08 | 5.80 | |||||
| Working Capital | 380.74M | 401.05M | 389.59M | 393.55M | 389.15M | 370.51M | 429.73M | 449.73M | 527.30M | 526.88M | 463.01M | 407.99M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.36 | 0.32 | 0.33 | 0.37 | 0.39 | 0.37 | 0.24 | 0.28 | 0.07 | 0.07 | 0.05 | 0.53 | |||||
| Interest Coverage TTM | -4.78 | 0.71 | 0.39 | -0.02 | 0.87 | -5.09 | 9.20 | 14.96 | 18.92 | 10.15 | -17.51 | -12.66 | |||||
| Debt Ratio | 0.25 | 0.24 | 0.25 | 0.26 | 0.28 | 0.27 | 0.18 | 0.21 | 0.07 | 0.07 | 0.05 | 0.33 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.28 | 0.37 | 0.38 | 0.32 | 0.31 | 0.18 | 0.27 | 0.24 | 0.23 | 0.22 | 0.09 | 0.09 | |||||
| Days Sales Outstanding TTM | 105.59 | 33.96 | 24.34 | 31.04 | 91.16 | 160.35 | 18.31 | 29.95 | 32.59 | 129.52 | 51.42 | 70.45 | |||||
| Receivables Turnover TTM | 3.46 | 10.75 | 14.99 | 11.76 | 4.00 | 2.28 | 19.94 | 12.19 | 11.20 | 2.82 | 7.10 | 5.18 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.19 | -0.11 | 0.05 | -0.07 | -0.12 | 0.18 | 0.58 | 0.74 | 0.61 | -0.32 | -0.23 | -0.03 | |||||
| Free Cash Flow Per Share TTM | 0.58 | 0.63 | 0.31 | 0.24 | -1.59 | -0.99 | -0.80 | -0.76 | 0.36 | -0.30 | -0.45 | -0.34 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 17.48% | 29.62% | 30.52% | 30.84% | 34.46% | 24.24% | 53.86% | 57.15% | 58.97% | 57.77% | 16.75% | 25.91% | |||||
| Operating Profit Margin TTM | -18.72% | 2.25% | 1.30% | -0.06% | 3.36% | -26.92% | 23.42% | 23.56% | 20.93% | 16.74% | -107.93% | -92.38% | |||||
| Net Profit Margin TTM | -8.53% | 7.60% | 1.70% | -2.60% | -5.21% | -29.48% | 34.98% | 48.26% | 45.25% | 53.60% | -49.21% | -7.04% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -3.31% | 133.20% | 71.28% | 62.44% | 65.22% | -2.23% | 261.08% | 195.04% | 122.44% | 111.24% | -58.02% | -45.61% | |||||
| Net Income Growth (1Y) | 58.37% | -160.13% | -91.66% | -108.73% | -119.02% | -153.77% | -356.69% | -2,121.55% | -238.48% | -153.62% | -144.35% | -103.52% | |||||
| EPS Growth (1Y) | 57.60% | -161.96% | -91.37% | -109.08% | -119.75% | -140.81% | -342.48% | -2,459.64% | -299.80% | -190.71% | -153.68% | -103.98% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -25.30 | 16.61 | 64.83 | -53.58 | -26.52 | -11.94 | 8.02 | 6.81 | 8.73 | 4.40 | -15.24 | -133.43 | |||||
| P/B TTM | 0.88 | 0.62 | 0.54 | 0.64 | 0.53 | 0.78 | 0.86 | 0.89 | 0.94 | 0.50 | 0.70 | 1.45 | |||||
| P/S TTM | 2.16 | 1.26 | 1.10 | 1.39 | 1.38 | 3.52 | 2.81 | 3.29 | 3.95 | 2.36 | 7.50 | 9.40 | |||||
| Market Cap | 464.10M | 360.14M | 313.45M | 344.56M | 307.26M | 430.59M | 465.32M | 501.40M | 531.65M | 295.16M | 344.30M | 485.96M | |||||
| Enterprise Value | 156.60M | 53.42M | 11.67M | 30.23M | 37.69M | 159.11M | 105.27M | 114.41M | 92.88M | -44.93M | -434.14K | 191.22M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 55.68M | 61.07M | 29.58M | 22.80M | -152.78M | -98.55M | -79.57M | -75.60M | 36.31M | -22.70M | -42.03M | -39.36M | |||||
| Net Debt | -307.51M | -306.72M | -301.78M | -314.32M | -269.56M | -271.48M | -360.05M | -386.99M | -438.76M | -340.09M | -344.73M | -294.74M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ACACIA RESEARCH CORP (ACTG) — SEC Financial Statements & Analysis
ACACIA RESEARCH CORP (ACTG) is a patent owners & lessors company, incorporated in DE. ACACIA RESEARCH CORP trades on Nasdaq as: ACTG. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), ACACIA RESEARCH CORP reported a -3.31% year-over-year revenue growth, a Gross Profit Margin of 17.48% (TTM), a Debt-to-Equity ratio of 0.36x, a Price-to-Sales (P/S) ratio of 2.16x (TTM), a Price-to-Book (P/B) ratio of 0.88 (TTM), at a market cap of $464.10M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -3.31%
- Gross Profit Margin TTM
- 17.48%
- Debt To Equity
- 0.36x
- P/S TTM
- 2.16x
- P/B TTM
- 0.88
- Market Cap
- $464.10M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ACACIA RESEARCH CORP in?
ACACIA RESEARCH CORP (ACTG) operates in the Patent Owners & Lessors industry.
What is ACTG's market cap?
ACACIA RESEARCH CORP (ACTG) has a market capitalization of $464.10M as of 2026-03-31.
What exchange does ACTG trade on?
ACACIA RESEARCH CORP (ACTG) trades on the Nasdaq.
Where is ACACIA RESEARCH CORP incorporated?
ACACIA RESEARCH CORP is incorporated in DE.