Quarterly ResultMay 7, 2026, 07:27 AM
Acacia Research Q1 Revenue $54.2M; GAAP Net Loss ($15.7M), EPS ($0.16)
AI Summary
Acacia Research Corporation reported its first quarter 2026 financial results, with total revenue of $54.2 million, an 8% increase from the prior quarter. The company posted a GAAP Net Loss of ($15.7) million, or ($0.16) per diluted share, and an Adjusted Net Loss of ($6.6) million, or ($0.07) per diluted share. Operational highlights included Benchmark Energy's strongest revenue quarter and Deflecto's facility consolidation, expected to drive cost savings. Acacia ended the quarter with $329.9 million in cash, cash equivalents, equity securities, and loans receivable, emphasizing its strong capital base for future growth and acquisitions.
Key Highlights
- GAAP Net Loss was ($15.7) million, or ($0.16) GAAP Diluted EPS for Q1 2026.
- Total revenue reached $54.2 million, an 8% increase from the prior quarter.
- Adjusted Net Loss was ($6.6) million, or ($0.07) Adjusted Diluted EPS.
- Operated Segment Adjusted EBITDA was $6.8 million, and Total Company Adjusted EBITDA was $1.6 million.
- Cash, cash equivalents, equity securities, and loans receivable totaled $329.9 million, or $3.41 per share.
- Benchmark Energy recorded its strongest revenue quarter under Acacia ownership at $18.7 million.
- Deflecto completed its facility consolidation, anticipating meaningful cost synergies in H2 2026.