Acacia Research Corporation (ACTG) Income Statement
ACTG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsACTG revenue and net income
Where ACTG's revenue goes
2025Each bar shows an amount and its share of revenue. ACTG kept 7.6% of revenue as net income.
ACTG profit margins
ACTG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +133.2% | +68.9% | +57.1% | +8.6% |
| Gross profit | +693.2% | +120.9% | +116.4% | — |
| Operating income | — | — | — | — |
| Net income | — | — | −27.6% | — |
| EPS (diluted) | — | — | — | +5.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ACTG quarterly EPS vs estimates
Acacia Research beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.10).
ACTG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $285.2M | $122.3M | $125.1M | $59.2M | $88.0M | $29.8M | $11.2M | $131.5M | $65.4M | $152.7M |
| Cost of revenue | $50.0M | $92.7M | $52.8M | $37.4M | $36.1M | $24.8M | $18.3M | $106.7M | $63.2M | $111.3M |
| Gross profit | $235.2M | $29.7M | $72.3M | $21.8M | $51.9M | $5.0M | −$7.0M | $24.9M | $2.2M | $41.4M |
| Research & development | — | — | $735,000 | $626,000 | $200,000 | $0 | — | — | $1.2M | $3.1M |
| Sales, general & admin | $78.1M | $62.6M | $50.6M | $61.3M | $37.2M | $24.5M | $16.4M | $18.9M | $27.2M | $36.0M |
| Total operating expenses | $228.8M | $62.6M | $51.3M | $61.9M | $37.4M | $24.5M | $16.4M | $21.5M | $27.2M | $36.5M |
| Operating income | $6.4M | −$32.9M | $20.9M | −$40.1M | $14.5M | −$19.5M | −$23.4M | −$24.8M | −$27.3M | −$37.4M |
| Interest income | $11.3M | $17.0M | $14.6M | $5.4M | $501,000 | $838,000 | $5.5M | $969,000 | $4.3M | — |
| Interest expense | $9.0M | $6.4M | $1.9M | $6.4M | $7.9M | $10.1M | $6.7M | $969,000 | $4.3M | $0 |
| Income before taxes | $31.3M | −$38.1M | $67.4M | −$127.2M | $174.7M | $108.1M | −$19.0M | −$103.7M | $24.6M | −$36.6M |
| Income taxes | $6.8M | −$3.4M | −$1.5M | −$16.2M | $24.3M | −$1.2M | −$1.8M | $1.2M | $3.0M | $18.2M |
| Net income | $21.7M | −$36.1M | $67.1M | −$125.1M | $149.2M | $109.2M | −$17.1M | −$105.0M | $22.2M | −$54.1M |
| EBITDA | $83.6M | $1.9M | $84.1M | −$107.2M | $193.3M | $123.0M | −$15.7M | $30.7M | −$2.8M | −$2.3M |
| EPS (diluted) | $0.28 | $0.00 | $0.44 | −$1.66 | −$6.09 | −$0.66 | −$0.33 | −$0.79 | $1.05 | $0.61 |
| Gross margin | 82.5% | 24.2% | 57.8% | 36.9% | 59.0% | 16.6% | −62.6% | 18.9% | 3.4% | 27.1% |
| Operating margin | 2.2% | −26.9% | 16.7% | −67.7% | 16.5% | −65.5% | −208.2% | −18.9% | −41.7% | −24.5% |
| Net margin | 7.6% | −29.5% | 53.6% | −211.2% | 169.5% | 366.8% | −152.2% | −79.9% | 33.9% | −35.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $114.6M | $54.2M | $50.1M | $59.4M | $51.2M | $124.4M | $48.8M | $23.3M | $25.8M | $24.3M | $92.3M | $10.1M |
| Cost of revenue | $72.2M | $4.8M | $22.7M | $8.3M | −$31.0M | $65.5M | $40.3M | $21.0M | $19.1M | $12.4M | $24.1M | $9.8M |
| Gross profit | $42.3M | $49.4M | $27.5M | $51.1M | $82.3M | $58.9M | $8.6M | $2.4M | $6.8M | $12.0M | $68.2M | $237,000 |
| Research & development | — | — | — | — | — | — | $312,000 | $108,000 | $178,000 | $134,000 | $142,000 | $172,000 |
| Sales, general & admin | $22.1M | $20.4M | $40.5M | $19.0M | $18.9M | $20.6M | $21.9M | $12.5M | $11.3M | $13.9M | $9.9M | $13.2M |
| Total operating expenses | $33.8M | $57.8M | $40.5M | $57.6M | $94.6M | $20.6M | $24.4M | $12.6M | $11.5M | $14.0M | $10.0M | $13.4M |
| Operating income | $8.5M | −$8.4M | −$13.1M | −$6.4M | −$12.4M | $38.3M | −$15.8M | −$10.3M | −$4.8M | −$2.1M | $58.2M | −$13.2M |
| Interest income | $2.7M | $2.8M | $2.8M | $3.0M | $2.9M | $1.8M | $7.2M | $2.0M | $295,000 | $4.9M | $3.3M | $4.5M |
| Interest expense | $1.8M | $1.9M | $2.0M | $2.2M | $2.3M | $2.5M | $6.4M | $1.9M | $1.8M | $326,000 | $3.6M | $130,000 |
| Income before taxes | −$9.8M | −$20.2M | $6.0M | −$3.4M | −$890,000 | $29.6M | −$14.8M | −$6.2M | −$15.9M | −$1.3M | $73.4M | $2.6M |
| Income taxes | −$1.3M | −$2.6M | $1.2M | −$968,000 | $547,000 | $6.1M | −$776,000 | $5.5M | −$7.1M | −$1.1M | −$2.1M | −$197,000 |
| Net income | $47,000 | −$15.7M | $3.4M | −$2.7M | −$3.3M | $24.3M | −$13.4M | −$14.0M | −$8.4M | −$186,000 | $74.8M | $1.6M |
| EBITDA | $33.7M | −$9.3M | $18.4M | $9.7M | $12.9M | $43.1M | $3.5M | $3.6M | −$8.5M | $3.3M | $78.2M | $6.1M |
| EPS (diluted) | $0.12 | −$0.07 | $0.03 | −$0.03 | −$0.06 | $0.34 | −$0.18 | −$0.08 | −$0.02 | $0.28 | $0.63 | −$0.16 |
| Gross margin | 37.0% | 91.1% | 54.8% | 86.0% | 160.5% | 47.4% | 17.6% | 10.1% | 26.2% | 49.2% | 73.9% | 2.4% |
| Operating margin | 7.4% | −15.4% | −26.1% | −10.8% | −24.2% | 30.8% | −32.4% | −44.1% | −18.4% | −8.6% | 63.1% | −130.4% |
| Net margin | 0.0% | −29.0% | 6.8% | −4.6% | −6.4% | 19.5% | −27.5% | −60.0% | −32.7% | −0.8% | 81.0% | 16.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ACTG's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ACTG financial results
In fiscal year 2025 (ended December 31, 2025), Acacia Research reported revenue of $285.2 million, up 133.2% from the year before. It had net income of $21.7 million, a net profit margin of 7.6%. Diluted earnings per share came to $0.28. Over five years revenue grew at an average rate of 57.1% a year.
See the ACTG stock overview for the latest quote and news, or the ACTG chart for price history and technical indicators.
ACTG income statement FAQ
What is Acacia Research's annual revenue?
Acacia Research reported total revenue of $285.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 133.2% from $122.3 million the previous year.
Is Acacia Research profitable?
Yes. Acacia Research reported net income of $21.7 million in fiscal 2025, a net profit margin of 7.6%; its operating margin was 2.2%.
What is Acacia Research's gross margin?
Acacia Research's gross margin was 82.5% in fiscal 2025: for every $100 of revenue, Acacia Research kept $82 after the direct cost of its products and services.
How fast is Acacia Research growing?
Revenue grew 57.1% a year on average over the last five fiscal years, from $29.8 million to $285.2 million.
What are Acacia Research's earnings per share?
Acacia Research earned $0.28 per diluted share in fiscal 2025, compared with $0.00 a year earlier.
When will Acacia Research report its next earnings?
Acacia Research is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Acacia Research's fiscal year end?
Acacia Research's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.