Acacia Research Q2 revenue jumps on IP licensing gains

Acacia Research

05/08/2026 12:16

Overview
US diversified acquirer reported Q2 revenue up 124% yr/yr, driven by IP licensing gains
Adjusted net income and adjusted EPS turned positive from losses a year ago
Company ended Q2 with $334.6 mln in cash and no parent-company debt

Outlook
Company did not provide specific guidance for the current quarter or full year

Result Drivers
IP LICENSING REVENUE - Co said higher paid-up license revenue from Intellectual Property Operations segment was primary driver of revenue growth
BENCHMARK ENERGY PERFORMANCE - Benchmark Energy recorded strongest revenue quarter under Acacia ownership

Company press release: ID:nBw25XWgYa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$114.56 mln
 
Q2 Adjusted EPS
 
$0.13
 
Q2 Net Income
 
$47,000
 
Q2 Operating Income
 
$8.52 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Acacia Research Corporation is $6.00, about 30.2% above its August 4 closing price of $4.61

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Aug 4 - Lumine Group Q2 revenue slightly misses estimates as acquisitions drive growth 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)