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Acacia Research

ACTG

Acacia Research Corporation is a disciplined, value-oriented acquirer and operator of businesses across the industrial, energy, and technology sectors.

Market cap
$447.21M+28.8%
Revenue$215.0M-3.3%
Net income-$18.3M-58.4%
EPS (diluted)-$0.19-90.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$49.5M
EPS estimate-$0.09

Financials

Q1 2026

Income statement

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Revenue$54.2M-56.4%
Gross profit$12.1M-79.5%
Operating income-$8.4M-122%
Net income-$15.7M-165%
EPS (diluted)-$0.16-164%

Balance sheet

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Cash & equivalents$307.5M+13.1%
Total debt$103.8M+803%
Total equity$528.5M-2.2%
Total assets$755.9M-5.7%

Cash flow

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Operating cash flow$3.4M+40.3%

Valuation & ratios

Valuation

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Market cap$447.21M+28.8%
Enterprise value$243.47M+276%
P/S2.1×+0.6×

Profitability

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Gross margin17.5%-17.0pp
Net margin-8.5%+15.0pp

Returns & leverage

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Return on equity-3.4%+6.2pp
Debt / equity0.2×+0.2×
Current ratio8.6×+2.4×

Segments

By product

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Transportation safety$10.5M+3.9%
Oil sales$8.7M+8.9%
Office products$8.6M+0.3%
Air distribution$8.6M-13.1%
Revenues - industrial operations$7.2M-6.4%

By geography

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Canada and Latin America$4.8M-25.0%
Europe, Middle East and Africa$3.2M-7.5%
Asia-Pacific, excluding China and India$2.1M+85.9%

By segment

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Manufacturing Operations$27.7M-3.0%
Energy operations$18.7M+2.0%

Competitors

Profile

Acacia Research Corporation is a disciplined, value-oriented acquirer and operator of businesses across the industrial, energy, and technology sectors. The company differentiates itself by acting as a long-term business owner and operator rather than a traditional financial investor, focusing on sourcing complex or misunderstood assets where it can drive operational improvements. Its core value proposition lies in its ability to recapitalize businesses, enhance free cash flow generation, and scale platforms through organic growth and strategic M&A.

Competitive position

Acacia positions itself as a flexible alternative to private equity and hedge funds, utilizing a permanent capital approach that does not require fixed exit horizons.

GeographiesNorth America
Customer segmentsSmall-to-mid-cap enterprises, Distressed or complex assets, Publicly traded companies
Business modelHolding Company, Operational Turnaround, Platform-based M&A
SuppliersInstitutional capital providers, Operating executive networks, Proprietary deal sourcing channels
CustomersIndustrial end-users, Energy infrastructure clients, Technology service consumers
Listed2002
Employees170.0
CEOMartin D. McNulty Jr.
FilingsSEC EDGAR

Questions, answered.

What is Acacia Research's market cap?
Acacia Research (ACTG) has a market capitalization of $447.2M and trades on NASDAQ.
What is Acacia Research's revenue and profitability?
Acacia Research generated $215.0M in trailing twelve-month revenue with a net loss of $18.3M, representing a net margin of -8.5%. Gross margin stands at 17.5%. These figures are based on the Q1 2026 filing.
Who are Acacia Research's competitors?
Acacia Research's key competitors include Blackstone Inc., Icahn Enterprises L.P., Compass Diversified, and others. These companies compete in similar markets and product categories.
Who does Acacia Research partner with?
Acacia Research's notable partners include Starboard Value, LP.
Where is Acacia Research headquartered?
Acacia Research is headquartered in United States of America and employs approximately 170 people. It has been publicly traded since 2002.