Quarterly ResultMay 7, 2026, 04:25 PM
Acacia Research Q1 Net Loss $(15.7M); Revenue Down 56%
AI Summary
Acacia Research Corporation reported a significant decline in its financial performance for Q1 2026, shifting to a net loss of $(15.7) million, or $(0.16) per diluted share, compared to a net income of $24.3 million, or $0.25 per diluted share, in Q1 2025. Total revenues decreased by 56% to $54.2 million, primarily due to a substantial drop in intellectual property operations revenue from $69.9 million to $0.7 million. Despite the overall decline, net cash provided by operating activities increased to $3.4 million.
Key Highlights
- Q1 2026 net loss attributable to Acacia Research was $(15.7) million, down from $24.3 million profit in Q1 2025.
- Diluted EPS was $(0.16) in Q1 2026, a decrease from $0.25 in Q1 2025.
- Total revenues decreased 56% to $54.2 million in Q1 2026 from $124.4 million in Q1 2025.
- Intellectual property operations revenue plummeted to $0.7 million from $69.9 million.
- Energy operations revenue slightly increased to $18.7 million from $18.3 million.
- Net cash provided by operating activities rose to $3.4 million from $2.4 million.
- Total assets decreased to $755.9 million as of March 31, 2026, from $771.0 million.
Price Impact
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