ACACIA RESEARCH CORP

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.

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.

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.

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.

Acacia Research Corporation announced its virtual 2026 Annual Meeting of Stockholders will be held on Tuesday, June 23, 2026, at 1:00 p.m. Eastern Time. Key proposals include the election of five directors, the ratification of Grant Thornton LLP as the independent auditor for fiscal year 2026, and an advisory vote on executive compensation. The Board is also seeking a new independent director following the decision of Geoff Ribar and Ajay Sundar not to stand for reelection.