ACTG
Acacia Research Corporation
ACTG has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over ACTG overall, supported by stronger fundamentals and stronger modeled upside.
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.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ACTG PE Valuation
ACTG has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW 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.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW'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.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW has the edge over ACTG on earnings, with more consistent year-over-year improvement.
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 has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 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 has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M 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 the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2024 | $13M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | $11.5M |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
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.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
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.
RDW PE vs Industrials Sector
RDW 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 has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% 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.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over ACTG on returns for 2026, with the stronger performance.