Quarterly ResultAug 6, 2026, 04:11 PM
Acacia Q2 Revenue Jumps to $114.6M; Reports $0.00 EPS
AI Summary
Acacia Research Corporation reported a significant increase in Q2 2026 total revenues, reaching $114.6 million, up 123.6% year-over-year, primarily driven by its Intellectual Property Operations. The company achieved a net income of $47K for Q2 2026, translating to $0.00 EPS, an improvement from a net loss in the prior year. However, for the six months ended June 30, 2026, Acacia recorded a net loss of $(15.7) million, or $(0.16) EPS, largely due to a $(30.9) million impairment of an equity method investment.
Key Highlights
- Q2 2026 Total Revenues increased 123.6% to $114.6M.
- Q2 2026 Net Income attributable to Acacia was $47K, or $0.00 EPS.
- H1 2026 Net Loss attributable to Acacia was $(15.7)M, or $(0.16) EPS.
- Impairment of equity method investment of $(30.9)M recorded in H1 2026.
- Intellectual Property Operations revenue for Q2 2026 surged to $60.9M.
- Cash and cash equivalents stood at $307.6M as of June 30, 2026.
- Net cash provided by operating activities for H1 2026 decreased to $7.3M.
- Royalties and contingent legal fees payable increased to $51.9M.
Price Impact
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