Sunday 11 October 2026 Export all ACTG data to Excel Powerpack

Acacia Research Corporation

ACTG Industrials Business Equipment & Supplies

Acacia Research Corporation’s revenue for fiscal 2025 (year ended December 2025) was $285.2 million, up 133.2% from fiscal 2024. In the quarter to June 2026, revenue grew 123.6%, EPS grew 100.0%, free cash flow fell 104.0% and total debt fell 43.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years, operating cash flow growth for three.

4.32 0.07 −1.59%

Follow ACTG

Alert me

Market cap: $428.4M
P/E: 0.0×
Fwd P/E: −9.8×
Dividend yield: —
F-score: 9/9
Altman Z: 1.72
Beneish M: −2.16
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.46

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	2	2	—

Insider Ownership 0.85%

Capital & Financial Ratios $m

Market Cap 428.41

Revenue 278.37

Net Income (23.66)

Free Cash Flow (2.54)

Net Debt (273.07)

Current Ratio 4.77

Debt/Equity 0.11

P/E ratio 0.00

Fwd P/E (9.83)

P/S ratio 1.50

P/B ratio 0.75

Past 5Y EPS Growth (32.24%)

This Y EPS Growth (213.33%)

Next Y EPS Growth (2.94%)

Next Y revenue growth (9.09%)

Next 5Y EPS Growth 20.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 15.51%

10-year low 10-year high

P/B against its own 10 years 45.49%

10-year low 10-year high

EV/Sales against its own 10 years 41.19%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	440	334	361	333
Receivables	81	27	26	87
Inventory	11	27	27	25
Other	—	—	—	—
	555	420	450	466

	2023	2024	2025	Q'26
Payables	3	12	13	16
ST’ Debt	—	2	—	—
Other	11	2	2	54
	28	50	49	98

Compound Annual Growth %

	10y	5y	3y
Sales	8.60%	57.13%	68.88%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	(24.23%)	0.00%
Book Value	6.40%	14.31%	26.39%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	54	115	—	—	—
’25	124	51	59	50	285
’24	24	26	23	49	122
’23	15	8	10	92	125
’22	14	17	16	13	59
’21	6	17	2	63	88
’20	4	2	19	4	30

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3	4	—	—	—
’25	2	50	10	13	75
’24	55	16	(1)	(20)	50
’23	(4)	(15)	1	(5)	(23)
’22	(3)	(14)	4	(24)	(37)
’21	(6)	(2)	(1)	23	13
’20	(2)	(5)	13	(25)	(20)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(2)	—	—	—
’25	0	48	3	7	59
’24	55	(136)	(8)	(24)	(113)
’23	(4)	(15)	1	(11)	(29)
’22	(3)	(20)	4	(24)	(43)
’21	(17)	(2)	(3)	15	(8)
’20	(8)	(13)	13	(25)	(34)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.16)	0.00	—	—	—
’25	0.25	(0.03)	(0.03)	0.04	0.22
’24	0.00	(0.08)	(0.14)	(0.14)	(0.36)
’23	(0.07)	(0.36)	(0.03)	0.75	0.58
’22	(1.61)	(1.44)	0.02	(0.50)	(3.13)
’21	(2.81)	0.23	0.86	0.45	1.91
’20	(0.24)	0.09	0.32	1.33	1.54

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	2.82	2.90	2.75	2.42	1.75	3.78	3.30	3.43	3.65	2.70	Analyst estimates 2026–2028 Powerpack
	High	7.68	7.20	4.40	3.50	4.46	9.09	5.40	4.66	5.74	4.53
People
People	Employees	27	13	13	17	20	287	263	170	1,036	986
	Revenue/emp, $m	5.66	5.03	10.12	0.66	1.49	0.31	0.23	0.74	0.12	0.29
Income, $m
Income, $m	Revenue	153	65	132	11	30	88	59	125	122	285
	Gross margin, %	27.13	5.19	21.94	(47.00)	16.65	59.00	36.87	57.77	24.24	29.62
	EBT	(37)	25	(104)	(19)	108	175	(127)	67	(38)	31
	EBT margin, %	(23.98)	37.67	(78.83)	(168.53)	362.88	198.36	(214.70)	53.90	(31.19)	10.98
	Net income	(55)	22	(105)	(17)	109	150	(111)	69	(35)	24
	Depreciation	34	22	27	3	12	11	14	15	35	45
Per share, $
Per share, $	Revenue	3.05	1.30	2.63	0.23	0.61	1.80	1.39	1.66	1.23	2.96
	Earnings	(1.08)	0.44	(2.10)	(0.35)	1.85	2.43	(3.13)	0.73	(0.36)	0.23
	Cash flow	0.68	0.26	0.42	(0.05)	(0.40)	0.27	(0.88)	(0.30)	0.51	0.78
	Capex	(0.02)	0.00	0.00	(0.09)	(0.29)	(0.43)	(0.13)	(0.08)	(1.64)	(0.17)
	Free cash flow	0.66	0.26	0.42	(0.14)	(0.69)	(0.16)	(1.01)	(0.38)	(1.13)	0.61
	Book value	5.34	5.86	3.83	3.68	6.13	9.12	6.81	7.83	5.57	6.07
	Shares, m	50	50	50	50	49	49	42	75	99	96
Valuation, ×
Valuation, ×	P/E	0.00	9.30	0.00	0.00	2.16	2.12	0.00	8.00	0.00	16.26
	P/S	2.21	3.09	1.13	11.77	6.46	2.84	2.86	2.36	3.52	1.26
	P/B	1.26	0.68	0.78	0.76	0.67	0.58	0.63	0.50	0.78	0.62
	EV/Sales	1.18	1.00	(0.13)	(3.18)	(4.76)	(3.10)	(2.58)	(1.06)	1.35	0.21
	EV/FCF	5.47	5.57	(0.84)	4.98	4.22	35.15	2.99	3.95	(1.40)	1.58
Cash, $m
Cash, $m	Operating cash flow	34	13	21	(2)	(20)	13	(37)	(23)	50	75
	Capex	(1)	0	0	(5)	(14)	(21)	(6)	(6)	(163)	(17)
	Free cash flow	33	13	21	(7)	(34)	(8)	(43)	(29)	(113)	59
Balance, $m
Balance, $m	Working capital	160	130	170	162	333	530	341	527	371	401
	Total debt	—	—	—	2	117	184	64	11	69	60
	Net debt	(158)	(137)	(165)	(168)	(334)	(523)	(322)	(429)	(265)	(302)
	Shareholders’ equity	267	296	191	183	299	445	289	590	553	584
Returns, %
Returns, %	ROA	(16.79)	7.32	(39.43)	(7.88)	23.81	18.14	(20.76)	9.88	(5.19)	2.84
	ROIC	(21.46)	(10.72)	(59.86)	(98.20)	0.00	0.00	0.00	8.17	(7.15)	1.42
	ROE	(18.59)	7.87	(43.14)	(9.52)	37.49	33.06	(38.02)	12.84	(6.31)	3.82

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EBF Ennis, Inc.	$576.0M	14.3×	— (loss-making)	+3.37% (above 0%: growing)	−27.14% (below 0%: shrinking)	+21.39% (above 0%: growing)	29.89%	13.31%	Compare
ACTG Acacia Research Corporation	$428.4M	— (loss-making)	— (loss-making)	+123.59% (above 0%: growing)	n/m	−103.95% (below 0%: shrinking)	26.75%	7.43%
ACCO Acco Brands Corporation	$411.7M	7.1×	5.1×	+5.14% (above 0%: growing)	−53.13% (below 0%: shrinking)	−47.41% (below 0%: shrinking)	32.31%	7.30%	Compare
XRX Xerox Holdings Corporation	$383.4M	— (loss-making)	1.2×	+21.95% (above 0%: growing)	n/m	+136.67% (above 0%: growing)	35.80%	9.83%	Compare
EHGO Eshallgo Inc.	$3.5M	—	—	—	—	−368.18% (below 0%: shrinking)	—	—	Compare
Median of peers	$397.6M	—	—	+5.14%	—	−13.01%	32.31%	9.83%

All 5 Business Equipment & Supplies stocks →

Acacia Research Corporation (ACTG) key facts

Strength: Acacia Research Corporation’s revenue for fiscal 2025 (year ended December 2025) was $285.2 million, up 133.2% from fiscal 2024.
Acacia Research Corporation (ACTG) is a Business Equipment & Supplies company in the Industrials sector, listed on Nasdaq.
As of October 9, 2026, ACTG traded at $4.32, a market capitalization of $428.4 million.
Return on equity was 3.82% and debt-to-equity 0.11.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 1.72 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.