Acacia Research Corp.
- ACTG · Nasdaq
- Patent Owners & Lessors
- New York, NY
- 986 employees
- CIK 0000934549
Updated from SEC filings through
Top things to know
Executives
- Martin D. McNulty Jr. Chief Executive Officer 4, 2026-06-09
- Michael Zambito Chief Financial Officer 10-K, 2026-03-12
- Robert Rasamny Chief Administrative Officer 4, 2026-06-09
- Jason W. Soncini General Counsel 4, 2026-06-09
- Jason Soncini General Counsel 10-K, 2026-03-12
- Kirsten Hoover served as our Principal Accounting Officer and Interim Chief Financial Officer DEF 14A, 2026-04-30
Acacia Research Corp is a U.S. public company in patent owners & lessors (SIC 6794), headquartered in New York, NY. It trades as ACTG on Nasdaq. Revenue was $285M in the fiscal year ending December 31, 2025, +133.2% from the year before. It reported about 986 employees. Martin D. McNulty Jr. is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $285M 10-K, 2026-03-12 | $122M 10-K, 2026-03-12 | $125M 10-K, 2025-03-17 | $59.2M 10-K, 2024-03-15 | $12.0M 10-K, 2022-03-31 |
| Operating income | $6.4M 10-K, 2026-03-12 | -$32.9M 10-K, 2026-03-12 | $20.9M 10-K, 2025-03-17 | -$40.1M 10-K, 2024-03-15 | $14.5M 10-K, 2023-03-17 |
| SG&A | $78.1M 10-K, 2026-03-12 | $62.6M 10-K, 2026-03-12 | $51.3M 10-K, 2025-03-17 | $61.3M 10-K, 2024-03-15 | $37.2M 10-K, 2023-03-17 |
| Net income | $21.7M 10-K, 2026-03-12 | -$36.1M 10-K, 2026-03-12 | $67.1M 10-K, 2025-03-17 | -$125M 10-K, 2024-03-15 | $149M 10-K, 2023-03-17 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Martin D. McNulty Jr. CEO - Acacia Research Corporation | Chief Executive Officer | 4, 2026-06-09 |
| Kirsten Hoover | Named in proxy bio: served as our Principal Accounting Officer and Interim Chief Financial Officer | DEF 14A, 2026-04-30 |
| Michael Zambito | Chief Financial Officer | 10-K, 2026-03-12 |
| Robert Rasamny | Chief Administrative Officer | 4, 2026-06-09 |
| Isaac T. Kohlberg | Former Senior Associate Provost and Chief Technology Development Officer at Harvard University | 10-K, 2026-03-12 |
| Jason W. Soncini | General Counsel | 4, 2026-06-09 |
| Jason Soncini | General Counsel | 10-K, 2026-03-12 |
| Gavin T. Molinelli | Board member (per proxy) bio: Chairman of the Board and a director | DEF 14A, 2026-04-30 |
| Michelle Felman | Board member (per proxy) bio: director | DEF 14A, 2026-04-30 |
| Ajay Sundar | Managing Director at Starboard Value LP | 10-K, 2026-03-12 |
| Gavin Molinelli | Senior Partner and Co-Portfolio Manager of Starboard Value LP | 10-K, 2026-03-12 |
| Geoff Ribar | Member of the Board of Directors of MACOM Technology, Everspin Technologies, Inc. and QuantumScape Corporation | 10-K, 2026-03-12 |
| Maureen O'Connell | Member of the Board of Directors of Terex Corporation and Northwest Healthcare Properties REIT | 10-K, 2026-03-12 |
What Acacia Research Corp does
Acacia Research Corporation (the “Company,” “Acacia,” “we,” “us,” or “our”) is a disciplined value-oriented acquirer and operator of businesses across public and private markets and industries including but not limited to the industrial, energy and technology sectors. We acquire businesses with a view towards strong free cash flow generation and with an ability to scale where we can tap into our deep industry relationships, significant capital base, and transaction expertise to materially improve performance. We are focused on sourcing, execution, and improvement.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 96.5 million (as of March 9, 2026) | 10-K/A, November 6, 2026 |
|---|---|---|
| Public float | $123M (as of June 30, 2025) | 10-K/A, November 6, 2026 |
| Reportable segments | 4 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting June 23, 2026 (filed April 30, 2026) | DEF 14A, April 30, 2026 |
| Auditor | Grant Thornton LLP (Houston, Texas) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 15, 2026 | Isaac T. Kohlberg Director | Sale | 24,000 | $109K | Form 4, September 16, 2026 |
| September 3, 2026 | Maureen Oconnell Director | Sale | 33,000 | $152K | Form 4, September 4, 2026 |
| August 19, 2026 | Maureen Oconnell Director | Sale | 10,000 | $46K | Form 4, August 20, 2026 |
| August 12, 2026 | Isaac T. Kohlberg Director | Sale | 32,188 | $150K | Form 4, August 14, 2026 |
| August 11, 2025 | Michael SIKORYAK Zambito Chief Financial Officer | Buy | 7,700 | $25K | Form 4, August 13, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-25
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-08-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-06-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-06-11
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Acacia Research Corp
- What does Acacia Research Corp do?
- In its own words, from Item 1 of its 10-K: "Acacia Research Corporation (the “Company,” “Acacia,” “we,” “us,” or “our”) is a disciplined value-oriented acquirer and operator of businesses across public and private markets and industries including but not limited to the industrial, energy and technology sectors. We acquire businesses with a view towards strong free cash flow generation and with an ability to scale where we can tap into our deep industry relationships, significant capital base, and transaction expertise to materially improve performance. We are focused on sourcing, execution, and improvement."
- What is Acacia Research Corp's revenue?
- $285M for the fiscal year ending December 31, 2025, from its 10-K filed March 12, 2026.
- Is Acacia Research Corp profitable?
- Acacia Research Corp reported net income of $21.7M for the fiscal year ending December 31, 2025.
- How many employees does Acacia Research Corp have?
- About 986 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Acacia Research Corp?
- Martin D. McNulty Jr., Chief Executive Officer, as named in a 4 filed June 9, 2026.
- Who is the CFO of Acacia Research Corp?
- Michael Zambito, Chief Financial Officer, as named in a 10-K filed March 12, 2026.
- Where is Acacia Research Corp headquartered?
- New York, NY.
- What is Acacia Research Corp's stock ticker?
- ACTG on Nasdaq.
- What industry is Acacia Research Corp in?
- Patent Owners & Lessors, SIC code 6794.
- What is Acacia Research Corp's website?
- acaciaresearch.com.
- When does Acacia Research Corp report earnings next?
- February 1, 2027. Source: estimate_8k_pattern.
- Is Acacia Research Corp a public company?
- Yes. Acacia Research Corp files with the SEC under CIK 0000934549 and trades as ACTG.
- Who audits Acacia Research Corp?
- Grant Thornton LLP, Houston, Texas, as named in its latest annual report (10-K).
- How many shares of Acacia Research Corp are outstanding?
- 96.5 million shares as of March 9, 2026, from its 10-K/A filed November 6, 2026.
- What is Acacia Research Corp's public float?
- $123M as of June 30, 2025, as reported on the cover of its 10-K/A filed November 6, 2026.
- How many business segments does Acacia Research Corp report?
- 4 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is Acacia Research Corp's annual shareholder meeting?
- June 23, 2026, per its proxy statement (DEF 14A) filed April 30, 2026.
- Have Acacia Research Corp insiders traded stock recently?
- Since August 11, 2025, officers and directors reported 4 open-market sales worth about $458K and 1 purchase worth about $25K on Forms 4 and 5. The most recent: Isaac T. Kohlberg (Director) sold 24,000 shares on September 15, 2026.