ACTG
Acacia Research Corporation
ACTG lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
ACTG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Healthy | |
| Strong |
ACTG's cash flow and balance sheet are currently healthy, and its revenue is stable, but its profitability is weak.
ACTG PE Valuation
ACTG has no meaningful PE right now: it lost money over the past year.
ACTG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect ACTG's losses to shrink, with revenue growing.
ACTG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.19 | -480% |
| Q2 2026 | -$0.16 | -$0.10 |
| Q1 2026 | -$0.19 | -$0.08 |
| Q4 2025 | $0.22 | +$0.58 |
| Q3 2025 | $0.05 | -94% |
| Q2 2025 | -$0.06 | -106% |
| Q1 2025 | -$0.11 | -117% |
| Q4 2024 | -$0.36 | -162% |
ACTG has swung to a loss: it lost $0.19 per share over the past year, after a profit the year before.
ACTG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.4M | -8.4% |
| Q2 2026 | $114.6M | +124% |
| Q1 2026 | $54.2M | -56% |
| Q4 2025 | $50.1M | +2.6% |
| Q3 2025 | $59.4M | +155% |
| Q2 2025 | $51.2M | +98% |
| Q1 2025 | $124.4M | +412% |
| Q4 2024 | $48.8M | -47% |
ACTG's revenue fell from its 2025 peak and has held roughly level since: $54M last quarter, down 8.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -6.6% | +4.2 points |
| Q2 2026 | 7.4% | +32 points |
| Q1 2026 | -15% | -46 points |
| Q4 2025 | -26% | +6.3 points |
| Q3 2025 | -11% | +33 points |
| Q2 2025 | -24% | -5.8 points |
| Q1 2025 | 31% | +39 points |
| Q4 2024 | -32% | -95 points |
ACTG's operating margin was −6.6% last quarter, up 4.2 points from the same quarter a year ago.
ACTG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $15M | +57% |
| Q2 2026 | $3.9M | -92% |
| Q1 2026 | $3.4M | +916% |
| Q4 2025 | $13.2M | +$36.7M |
| Q3 2025 | $9.5M | +$12.4M |
| Q2 2025 | $50.1M | +$176.9M |
| Q1 2025 | $335K | -99% |
| Q4 2024 | -$23.6M | -$19M |
ACTG generated $35M in free cash flow over the past year, down 2.8% from the year before.
ACTG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -531K shares |
| 1 year | +1.2% | +1.1M shares |
| 3 years | -1.5% | -1.5M shares |
| 5 years | +101% | +49M shares |
| Available history | +79% | +43.2M shares |
ACTG has 98M diluted shares, up 1.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2024 | $13M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | $11.5M |
ACTG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -15.9x | Net Cash |
| Q2 2026 | -12.8x | Net Cash |
| Q1 2026 | -222.7x | Net Cash |
| Q4 2025 | -4.3x | Net Cash |
| Q3 2025 | -4.3x | Net Cash |
| Q2 2025 | -4.9x | Net Cash |
| Q1 2025 | -3.5x | Net Cash |
| Q4 2024 | -246.8x | Net Cash |
ACTG has more cash than debt.
ACTG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.6 | Neutral |
| Stochastic | 22.5 | Neutral |
ACTG's weekly RSI is 42 (neutral) and its Stochastic is 23 (neutral).
ACTG PE vs Industrials Sector
| Metric | ACTG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
ACTG has no meaningful PE right now: it lost money over the past year.
ACTG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.26 | 2.3% below |
| 20 week MA | $4.44 | 6.3% below |
| 50 week MA | $4.41 | 5.7% below |
| 100 week MA | $4.04 | 3% above |
| 200 week MA | $4.19 | 0.7% below |
ACTG's trend is mixed: it's above one of its five weekly moving averages, and 0.7% below its 200-week average.
ACTG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.67 | $4.10 | +54% |
| 2021 | $4.10 | $5.23 | +28% |
| 2022 | $5.23 | $3.98 | -24% |
| 2023 | $3.98 | $3.92 | -1.5% |
| 2024 | $3.92 | $4.37 | +11% |
| 2025 | $4.37 | $3.73 | -15% |
| 2026 YTD | $3.73 | $4.16 | +12% |
ACTG has finished lower in three of the last six years. It's up 12% so far in 2026.