# Acacia Research Corporation (ACTG)

> Source: Nexqual · https://nexqual.com/ACTG · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Acacia Research Corporation (ACTG), nexqual.com/ACTG" · informational, not investment advice.

**Price:** USD 4.23 (-1.63% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 4.3 · day 4.23–4.34 · 52w 3.24–5.27 · market cap $413M · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $278M, net income -$15.0M (-5.4% margin) (SEC filings).
- Total return with dividends: 1Y +16.9% vs S&P 500 +18.1%; 5Y -22.9% vs S&P 500 +85.1%.
- Next earnings: 2026-11-04, EPS estimate USD -0.1, revenue estimate $45.5M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.0M | $59.2M | $125M | $122M | $285M | $278M |
| Gross profit | $51.9M | $21.8M | $72.3M | $29.7M | $84.5M | — |
| Operating income | $14.5M | -$40.1M | $20.9M | -$32.9M | $6.4M | -$19.4M |
| Net income | $149M | -$125M | $67.1M | -$36.1M | $21.7M | -$15.0M |
| EPS (diluted) | $1.91 | -$3.13 | $0.58 | -$0.36 | $0.22 | — |
| Free cash flow | $13.2M | -$38.1M | -$22.7M | -$98.5M | — | — |
| Gross margin | 432.8% | 36.9% | 57.8% | 24.2% | 29.6% | — |
| Operating margin | 121.2% | -67.7% | 16.7% | -26.9% | 2.2% | -7.0% |
| Net margin | 1242.9% | -211.2% | 53.6% | -29.5% | 7.6% | -5.4% |
| Revenue growth | -59.7% | +393.4% | +111.2% | -2.2% | +133.2% | — |
| Cash + short-term investments | $707M | $386M | $440M | — | — | — |
| Total debt | — | — | — | — | $91.9M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 1.5x · P/B 0.8x · Earnings yield -3.64%
P/E at fiscal year-ends: Dec 2025 16.8x, Dec 2023 5.4x.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +16.9% | -22.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +16.9% | -5.1% |
| Volatility (annualized) | 35.4% | 34.1% |
| Max drawdown | -18.0% (May 2026→Oct 2026) | -49.6% (Oct 2021→Apr 2025) |

## Peers (Business Equipment & Supplies)
ACCO (Acco Brands Corporation) USD 4.58 +0.22% · XRX (Xerox Holdings Corporation) USD 2.68 -5.63% · CXT (Crane NXT, Co.) USD 54.27 +3.83% · CMI (Cummins Inc.) USD 532.73 +0.64% · CP (Canadian Pacific Kansas City Li) USD 86.91 +1.38% · ITW (Illinois Tool Works Inc.) USD 271.19 +1.83%

## More
Full page: https://nexqual.com/ACTG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt