ACTGAcacia Research Corporation
$4.25+17% 1Y
$4.25
$3.4552 weeks$5.16
The business
How ACTG's business earns
Acacia Research Corporation earns −4.7% on the capital it employs against an estimated 9.0% cost of capital.
−4.7%
Return on invested capital · cost of capital 9.0% · 14 points below the estimated cost of capital
- Operating margin
- −6.0%
Operating margin · Industrials median 9.9% · 12 months to Sep 30, 2026
- Share count, year on year
- +1.2%
Share count, year on year · more shares than a year ago
- Gross margin
- 23%
Gross margin
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | −66% |
| FY2021 | 121% |
| FY2022 | −68% |
| FY2023 | 17% |
| FY2024 | −27% |
| FY2025 | 2.3% |
Details›
- Gross margin12 months to Sep 30, 2026
- 23%
- Operating margin12 months to Sep 30, 2026
- −6.0%
- Net margin12 months to Sep 30, 2026
- −6.5%
- Free cash flow margin
- 4.5%
- Revenue, trailing twelve months
- $273M
- Free cash flow, trailing twelve months
- $12M
- Net income, trailing twelve months
- −$18M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −4.7%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from ACTG and who it buys from, as the companies report it.
88%of revenue comes from one licensee
no supplier on file
ACTG
One licensee88%
Customerswho buys
- One licensee88%
Share of revenue · FY2025 10-K
Supplierswho it buys from
None disclosed.
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Industrials
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