Acacia Research swings to $15.7M Q1 loss as revenue falls to $54.2M
Acacia Research reported first quarter 2026 results on May 7, 2026. Revenue fell to $54.2 million from $124.4 million a year earlier, mainly because of lower paid-up license revenue at its Intellectual Property Operations segment, and the company posted a GAAP net loss of $15.7 million, compared with net income of $24.3 million in the prior-year quarter.
Key points
- Total revenue was $54.2 million versus $124.4 million in the first quarter of 2025; Intellectual Property Operations revenue was $0.7 million versus $69.9 million.
- GAAP net loss attributable to Acacia was $15.7 million, or $0.16 per diluted share, versus net income of $24.3 million, or $0.25 per diluted share, a year earlier.
- Adjusted net loss was $6.6 million, or $0.07 per diluted share, versus adjusted net income of $33.1 million, or $0.34 per share, in the prior-year quarter.
- Cash, cash equivalents, equity securities and loans receivable totaled $329.9 million, or $3.41 per share, at March 31, 2026, down from $339.6 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.