Company Analysis

Acacia Research Corporation (Acacia Tech) (ACTG)

Nasdaq: ACTG · Patent Owners & Lessors · New York, NY · filing with the SEC since 1995
Grade5.9
◀ Past 5.4● Present 5.9▶ Future 6.4

The grade of Acacia Research Corporation (Acacia Tech)

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past5.430% of the headline
● Present5.940% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.8/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2022-09-07.

weight 22% of this tense · 68th percentile among 11 sector filers · read for itself

From the record

Acacia Research Corporation (Acacia Tech)'s filings since 2017 show 4 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2018-08-02); an auditor change (8-K item 4.01, 3 times, the latest 2022-09-07) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.3/10

What has it actually done, year after year?

+57.1% a year over 6 filed years; profitable in 4 of 6.

weight 45% of this tense · 73rd percentile among 10 sector filers · read for its customers

From the record

Acacia Research Corporation (Acacia Tech)'s 6 filed years say what it did: revenue went from $30 million in fiscal 2020 to $285 million in fiscal 2025, up 57.1% a year; it rose in 3 of 5 years; the deepest fall was 33% from fiscal 2021 to fiscal 2022; net income was positive in 4 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span57.1%top 15% of its family
  • the share of years revenue rosetop 45% of its family
  • the share of filed years with a profittop 25% of its family
  • the deepest fall from a revenue peak32.7%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.9/10

How has it treated the people who own it?

Share count grew 31.8% a year. 21% of cash flow returned. Insiders: 5 sales, 0 purchases.

weight 33% of this tense · 19th percentile among 6 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Acacia Research Corporation (Acacia Tech)'s diluted share count grew about 31.8% a year, and dividends and buybacks returned about 21% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 0 purchases of their own stock on the open market in the year to 2026-10-01 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 14% of its family
  • cash returned against operating cash flowbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 24%: owes 24¢ per asset dollar.

weight 22% of this tense · 65th percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Acacia Research Corporation (Acacia Tech) earned about 4 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 11 cents per dollar of everything the company owns. Leverage: it owed about 24 cents per dollar of assets, and net share issuance: its share count shrank 2.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 32% of its family
  • return on equitytop 39% of its family
  • gross profit against assetsbottom 44% of its family
  • the share count against the year beforetop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.6/10

How strong is its position in its industry?

top 24% of 11 in its family; net margin 7.6%.

weight 45% of this tense · 76th percentile among 11 sector filers · read for its customers

From the record

Acacia Research Corporation (Acacia Tech)'s standing among 11 graded names in its industry family: revenue of $285 million in fiscal 2025 ranks in the top 32% by size; a net margin of 7.6% ranks in the top 25%; revenue growth of 68.9% a year over the last 3 filed years ranks in the top 15% (its annual reports).

What it rests on

  • revenue against the family$285Mtop 32% of its family
  • net margin7.6%top 25% of its family
  • three-year revenue growth68.9%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.1/10

What are the people in charge doing?

bottom 31% of 9 in its family for leadership; chief executive since 2023.

weight 33% of this tense · 31st percentile among 9 sector filers · read for its shareholders

From the record

Acacia Research Corporation (Acacia Tech)'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mcnulty, Martin D. Jr. (Chief Executive Officer, as filed), filing under that title since 2023-05-25, 3.5 years (bottom 39% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 4 years (bottom 17%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 9 peoplebottom 39% of its family
  • the median years the people in charge have filed4.0 yearsbottom 17% of its family
  • the chief executive's years on the record3.5 yearsbottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 11 in its family for room to expand.

weight 45% of this tense · 47th percentile among 11 sector filers · read for itself

From the record

Acacia Research Corporation (Acacia Tech)'s room to grow, from the newest filed statements (fiscal 2025): cash of $307 million against debt of $92 million leaves 27.9% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is 26.4% of revenue (top 23%); a gross margin of 29.6% (bottom 19%) (its annual report).

What it rests on

  • cash less debt against assets27.9%bottom 45% of its family
  • cash from operations less capital spending against revenue26.4%top 23% of its family
  • gross margin29.6%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.8/10

What could actually drive growth from here?

top 22% of 10 in its family for growth drivers.

weight 22% of this tense · 78th percentile among 10 sector filers · read for its customers

From the record

Acacia Research Corporation (Acacia Tech)'s growth drivers, from the filed years to fiscal 2025: revenue grew 68.9% a year over the last three filed years against 57.1% over all 6, speeding up (top 35% of its family); the newest year grew 133.3% (top 25%); capital spending grew 1077.1% a year (top 7%) (its annual reports). Acacia Research Corporation (Acacia Tech) reported 4 lines of business in fiscal 2025: Manufacturing Operations at $115 million (40%), Intellectual Property Operations at $78 million (28%), Energy Operations at $64 million (22%), and 1 more; 3 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+11.7 points a yeartop 35% of its family
  • the newest year's revenue growth133.3%top 25% of its family
  • three-year growth of capital spending1077.1%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.7/10

Did its newest year beat what its own record pointed to?

top 23% of 9 in its family for expectations against reality.

weight 33% of this tense · 77th percentile among 9 sector filers · read for its shareholders

From the record

Acacia Research Corporation (Acacia Tech)'s newest year against its own record: revenue of $285 million in fiscal 2025 came in 62.3% above the $176 million its prior three years' pace pointed to (top 35% of its family); net income of $22 million against a prior three-year average of $31 million (top 6%); a net margin of 7.6% against -62.4% before (top 28%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace62.3%top 35% of its family
  • net income against the prior three years' average+169%top 6% of its family
  • net margin against its prior average+70.0 pointstop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ACTG · research, not advice