AI Earnings Predictions for Acacia Research Corporation (Acacia Tech) (ACTG)

EX-99.1

2 actg-20260930xex991.htm

EX-99.1

Document

Exhibit 99.1

Acacia Research Corporation Reports Third Quarter 2026 Financial Results

Total Revenue of $54.4 million, down 8% from the Prior Year Quarter

GAAP Net Loss of $5.6 million and GAAP Diluted EPS of ($0.06) for the Quarter

Adjusted Net Income1 of $4.3 million and Adjusted Diluted EPS1 of $0.04 for the Quarter

Total Company Adjusted EBITDA1 of $3.9 million and Operated Segment Adjusted EBITDA1 of $9.1 million for the Quarter

Total Cash, Cash Equivalents, Equity Securities Measured at Fair Value and Loans Receivable of $346.3 million, or $3.55 per share

New York, NY, November 5, 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 and nine months ended September 30, 2026. The Company also posted its third quarter 2026 earnings presentation on its website at www.acaciaresearch.com under Quarterly Results.

Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “In the third quarter, Acacia generated total revenue of $54.4 million. Our total revenue excluding our Intellectual Property Operations of $54.2 million increased for the third consecutive quarter and was a near record. We also delivered Operated Segment Adjusted EBITDA of $9.1 million and Total Company Adjusted EBITDA of $3.9 million. Benchmark Energy led the way with $19.5 million of revenue, its second strongest quarter under our ownership. After quarter end, Benchmark closed a senior secured note financing of up to $47.5 million, including $27.5 million committed, to fund a multi-well development program in the Western Anadarko Basin. The financing is non-recourse to Acacia and to Benchmark’s other assets, letting us accelerate development while isolating the program’s risk.

“We ended the quarter with approximately $346.3 million, or $3.55 per share, in cash, equity securities and loans receivable, up from $3.43 per share last quarter, with no parent-company debt. With an active acquisition pipeline and a flexible investment mandate, we remain focused on compounding long-term intrinsic value per share through disciplined capital allocation.”

1 Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (EPS), Total Company Adjusted EBITDA and Operated Segment Adjusted EBITDA are non-GAAP financial measures. See below for reconciliations of Adjusted Net Income (Loss), Adjusted Diluted EPS, and Total Company Adjusted EBITDA to their most directly comparable GAAP financial measure. For the definition of these measures and a reconciliation of the components of Operated Segment Adjusted EBITDA to their most directly comparable GAAP financial measures, see the accompanying supplemental information section.

1

Third Quarter 2026 Highlights:

•Total revenue of $54.4 million, compared to $59.4 million for the prior-year quarter, primarily driven by lower paid-up license revenue from our Intellectual Property Operations segment.

•Benchmark Energy recorded revenue of $19.5 million, the second strongest revenue quarter for the business under Acacia ownership following the Revolution Acquisition in April 2024.

•GAAP Net Loss of $5.6 million, or ($0.06) GAAP Diluted EPS.

•Adjusted Net Income of $4.3 million, or $0.04 Adjusted Diluted EPS.

•Operated Segment Adjusted EBITDA of $9.1 million.

•Total Company Adjusted EBITDA of $3.9 million.

•At quarter end, cash, cash equivalents, equity securities measured at fair value and loans receivable totaled approximately $346.3 million, or $3.55 per share.

Revenue

The following table provides a breakdown of the Company’s total revenue for the three and nine months ended September 30, 2026 and September 30, 2025. For the purposes of financial reporting, Acacia's operations are broken out as follows: Energy Operations (Benchmark), Industrial Operations (Printronix), Manufacturing Operations (Deflecto) and Intellectual Property Operations (Acacia Research Group).

Three Months Ended September 30,Nine Months Ended September 30,

2026202520262025

(In thousands, unaudited)

Energy Operations$19,455 $14,176 $58,669 $47,799

Industrial Operations7,531 6,660 20,715 20,926

Manufacturing Operations27,196 30,815 81,964 88,351

Intellectual Property Operations263 7,795 61,898 78,029

Total Revenues$54,445 $59,446 $223,246 $235,105

1

Total Company Adjusted EBITDA

The following table provides a reconciliation of consolidated Net Income (Loss), the most directly comparable GAAP measure, to Total Company Adjusted EBITDA for the three and nine months ended September 30, 2026 and September 30, 2025.

Three Months Ended September 30,Nine Months Ended September 30,

2026202520262025

(In thousands, unaudited)

GAAP Net Income (Loss)$(5,561)$(2,730)$(21,255)$18,264

Net Income (Loss) Attributable to Noncontrolling Interests(351)336 (10,700)1,433

Income Tax Expense (Benefit)(1,213)(968)(5

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EX-99.1

2 actg-20260331xex991.htm

EX-99.1

Document

Exhibit 99.1

Acacia Research Corporation Reports First Quarter 2026 Financial Results

Total Revenue of $54.2 million, up 8% from the Prior Quarter

GAAP Net Loss of ($15.7) million and GAAP Diluted EPS of ($0.16) for the Quarter

Adjusted Net Loss1 of ($6.6) million and Adjusted Diluted EPS1 of ($0.07) for the Quarter

Total Company Adjusted EBITDA1 of $1.6 million and Operated Segment Adjusted EBITDA1 of $6.8 million for the Quarter

Total Cash, Cash Equivalents, Equity Securities Measured at Fair Value and Loans Receivable of $329.9 million, or $3.41 per share

New York, NY, May 7, 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 ended March 31, 2026. The Company also posted its first quarter 2026 earnings presentation on its website at www.acaciaresearch.com under Quarterly Results.

Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “Acacia delivered strong financial and operating results for the first quarter, generating total revenue of $54.2 million, Operated Segment Adjusted EBITDA of $6.8 million and Total Company Adjusted EBITDA of $1.6 million. Operationally, our companies continued to execute on our strategic objectives, including targeted pricing strategies, cost savings initiatives and continued tariff countermeasures. We are pleased to announce that our Energy Operations subsidiary, Benchmark Energy, delivered its strongest revenue quarter under Acacia ownership driven by favorable oil prices and continued investments in new well development. Given the constructive commodity price environment and the early success with Benchmark’s recently completed Cherokee well, drilling in both our Cherokee and Cleveland acreage has become more attractive and we are in advanced stages of evaluating additional projects. Our Deflecto subsidiary completed its facility consolidation, which we expect to drive meaningful cost synergies on an annualized basis.

As we look ahead to the remainder of 2026, our strategic focus is centered on leveraging our significant capital base and experienced management team to drive long-term growth across our operating businesses. As of the end of the first quarter, cash, cash equivalents, equity securities and loans receivable was approximately $329.9 million, or $3.41 per share. Our acquisition pipeline remains very active, and our strong cash position and balance sheet provide us with the flexibility to execute on accretive organic and inorganic growth opportunities, driving differentiated value for our shareholders.”

1 Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (EPS), Total Company Adjusted EBITDA and Operated Segment Adjusted EBITDA are non-GAAP financial measures. See below for reconciliations of Adjusted Net Income (Loss), Adjusted Diluted EPS, and Total Company Adjusted EBITDA to their most directly comparable GAAP financial measure. For the definition of these measures and a reconciliation of the components of Operated Segment Adjusted EBITDA to their most directly comparable GAAP financial measures, see the accompanying supplemental information section.

1

First Quarter 2026 Highlights:

•Total revenue of $54.2 million, compared to $124.4 million for the prior-year quarter, primarily driven by lower paid-up license revenue from our Intellectual Property Operations segment.

•Benchmark Energy recorded revenue of $18.7 million, the strongest revenue quarter for the business under Acacia ownership following the Revolution Acquisition in April 2024.

•GAAP Net Loss of ($15.7) million, or ($0.16) GAAP Diluted EPS.

•Adjusted Net Loss of ($6.6) million, or ($0.07) Adjusted Diluted EPS.

•Operated Segment Adjusted EBITDA of $6.8 million.

•Total Company Adjusted EBITDA of $1.6 million.

•At quarter end, cash, cash equivalents, equity securities measured at fair value and loans receivable totaled approximately $329.9 million, or $3.41 per share.

•Deflecto completed its consolidation of two manufacturing facilities into a single facility, which is expected to drive cost savings in the second half of 2026 and position Deflecto well when volumes return to incrementally add to EBITDA and cash flow.

•Benchmark Energy successfully drilled and completed its first Cherokee well in-line with budget, with anticipated wellhead returns in excess of 60%.

Revenue

The following table provides a breakdown of the Company’s total revenue for the three months ended March 31, 2026 and March 31, 2025. For the purposes of financial reporting, Acacia's operations are broken out as follows: Energy Operations (Benchmark), Industrial Operations (Printronix), Manufacturing Operations (Deflecto) and Intellectual Property Operations (Acacia Research Group).

Three Months Ended March 31,

20262025

(In thousands, unaudited)

Energy Op