Acacia Research financials
$4.33+0.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $285.2M | $122.3M | $125.1M | $59.2M | $88.0M | $29.8M | $11.2M | $131.5M | $65.4M | $152.7M |
| Gross profit | $84.5M | $29.7M | $72.3M | $21.8M | $51.9M | $5.0M | $11.2M | $127.5M | $65.4M | $152.7M |
| Gross margin | 29.6% | 24.2% | 57.8% | 36.9% | 59.0% | 16.6% | 100.0% | 97.0% | 100.0% | 100.0% |
| Operating income | $6.4M | -$47.8M | $20.9M | -$40.1M | $14.5M | -$19.5M | -$23.4M | -$24.7M | -$27.3M | -$37.4M |
| Net income | $21.7M | -$36.1M | $55.1M | -$133.0M | $118.8M | $86.8M | -$17.4M | -$105.0M | $22.1M | -$54.1M |
| Net margin | 7.6% | −29.5% | 44.1% | −224.6% | 134.9% | 291.6% | −154.9% | −79.9% | 33.9% | −35.4% |
| Diluted EPS | $0.22 | $-0.36 | $0.58 | $-3.13 | $1.91 | $1.48 | $-0.40 | $-2.10 | $0.44 | $-1.08 |
| EBITDA | $49.8M | $648.0K | $35.7M | -$26.6M | $25.2M | -$14.7M | -$20.2M | $30.7M | -$2.8M | $39.3M |
| Operating cash flow | $75.2M | $50.1M | -$22.5M | -$37.3M | $13.3M | -$19.6M | -$2.3M | $20.9M | $13.0M | $34.1M |
| Free cash flow | $58.5M | -$98.5M | -$22.7M | -$38.1M | $13.2M | -$19.8M | -$2.5M | $20.8M | $13.0M | $34.1M |
| Diluted shares | 97.2M | 99.2M | 92.4M | 42.5M | 98.5M | 57.4M | 50.9M | 50.0M | 50.7M | 50.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $306.7M | $273.9M | $340.1M | $287.8M | $308.9M | $165.5M |
| Short-term investments | $54.3M | $59.9M | $99.8M | $98.4M | $398.5M | $285.8M |
| Total debt | $92.1M | $114.0M | $10.5M | $60.5M | $181.2M | $115.7M |
| Total assets | $771.0M | $756.4M | $633.5M | $482.9M | $798.9M | $511.3M |
| Total liabilities | $186.9M | $203.8M | $43.9M | $193.7M | $353.6M | $212.1M |
| Shareholders' equity | $584.0M | $552.6M | $589.6M | $269.3M | $430.5M | $288.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology