---
schema_version: "secwatch.filing_event.v1"
accession: "0000934549-26-000007"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T15:24:11.941501+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acacia Research reports record FY2025 revenue $285.2M, up 133% YoY; Q4 GAAP EPS $0.04

## Summary
- Full-year revenue $285.2M, up 133% YoY; Q4 revenue $50.1M.
- Q4 GAAP net income $3.4M, diluted EPS $0.04; adjusted EPS $0.03.
- Total Company Adjusted EBITDA $17.4M; Operated Segment Adjusted EBITDA $22.4M in Q4.
- Cash, securities and loans receivable $339.6M, or $3.52 per share at year-end.
- Benchmark Energy drilled first Cherokee well; production expected this week.

## SEC filing metadata
- accession: 0000934549-26-000007
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000093454926000007/0000934549-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000093454926000007/actg-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000934549-26-000007
- JSON: https://secwatch.observer/filing/0000934549-26-000007.json
- Plain text: https://secwatch.observer/filing/0000934549-26-000007.txt

## Key facts
- Earnings Releases
  ACACIA RESEARCH CORP reported the year ended December 31, 2025 results: revenue $285.2 million.
  - Period: the year ended December 31, 2025
  - Revenue: $285.2 million
  - Result: reported results
  source text: cacia Research Corporation Reports Fourth Quarter and Year End 2025 Financial Results Record Full-Year Revenue of $285.2 million, Up 133% Year Over Year GAAP Net Income of $3.4 million and GAAP Diluted EPS of $0.04 for the Quarter Adjusted Net Income 1 of $3.1 million and Adjusted Diluted EPS 1 of $0.03 for the Quarter Total Company Adjusted EBITDA 1 of $17.4 million and Operated Segment Adjusted EBITDA 1 of $22.4 million for the Quarter Total Cash, Cash Equivalents, Equity Securities Measured at Fair Value and Loans Receivable of $339.6 million, or $3.52 per share, at Year End New York, NY, March 11, 2026 - Acacia Research Corporation (Nasdaq: ACTG) (“ Acacia ” or the “ Company ”), which acquires and operates businesses across the industrial, energy and technology sectors, today reported financial results for the three months and year ended December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454926000007/0000934549-26-000007-index.htm
- Earnings Releases
  ACACIA RESEARCH CORP reported the three months ended December 31, 2025 results: revenue $50.1 million, net income $3.4 million, EPS $0.04.
  - Period: the three months ended December 31, 2025
  - Revenue: $50.1 million
  - Net income: $3.4 million
  - EPS: $0.04
  - Result: reported results
  source text: Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “Acacia delivered strong financial and operating results for the fourth quarter, as we recorded total revenue of $50.1 million, Total Company Adjusted EBITDA of $17.4 million and Operated Segment Adjusted EBITDA of $22.4 million, with all metrics increasing year-over-year. This quarter marked the
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454926000007/0000934549-26-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.