Quarterly ResultAug 5, 2026, 07:07 AM
Acacia Q2 Revenue $114.6M, up 124%; Adj. EPS $0.13
AI Summary
Acacia Research Corporation reported strong financial results for the second quarter of 2026. Total revenue increased by 124% year-over-year to $114.6 million, primarily driven by higher licensing revenue from its Intellectual Property Operations segment. The company achieved GAAP net income of $47 thousand and adjusted net income of $12.8 million, or $0.13 adjusted diluted EPS. Acacia maintains a strong balance sheet with $334.6 million in cash, cash equivalents, equity securities, and loans receivable, and no parent-company debt.
Key Highlights
- Total Revenue for Q2 2026 was $114.6 million, a 124% increase from $51.2 million in Q2 2025.
- GAAP Net Income for Q2 2026 was $47 thousand, resulting in $0.00 GAAP Diluted EPS.
- Adjusted Net Income for Q2 2026 was $12.8 million, with Adjusted Diluted EPS of $0.13.
- Total Company Adjusted EBITDA reached $17.3 million for the quarter.
- Intellectual Property Operations revenue surged to $60.9 million from $0.3 million year-over-year.
- Benchmark Energy recorded its strongest revenue quarter at $20.5 million.
- Total cash, cash equivalents, equity securities, and loans receivable stood at $334.6 million.
- Book value per share was $5.71 as of June 30, 2026.
Price Impact
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