NASDAQ$ACTG

Acacia Research Corporation · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Acacia Research reported financial results showing growth in book value due to appreciation in life science portfolio and returns from IP investments.

Acacia Research reported increased book value in Q2 2021, driven by its life science portfolio and IP investments. The company's capital base is now $770 million, and it is actively pursuing acquisitions of operating businesses.

  • Book value grew in the second quarter of 2021 due to appreciation in the life science portfolio.
  • IP investments have begun to deliver growing returns and represent a balanced portfolio across technologies.
  • Acacia is strategically focused on the intersection between private and public market valuations.
  • The company's capital base is $770 million and continues to evaluate potential acquisitions.

Headline financials

Total Revenue

$17.4M

Previous: $2.12M+721.5%
EPS (adj)

$0.23

Previous: $0.09+155.6%
Book Value Per Share

$3.02

No prior period
Capital Expenditures

-$45K

Previous: -$148K+69.6%
Free Cash Flow

$19.5M

Previous: $6M+224.4%
Net Income

$19.5M

Previous: $6.15M+217.3%
Operating Income

$1.64M

Previous: -$6.75M+124.4%
Gross Profit

$8.15M

Previous: -$1.23M+762.9%
Cash & Equivalents

$186M

Previous: $164M+13.0%
Total Assets

$628M

Previous: $394M+59.3%
Stock-Based Comp

$529K

Previous: $423K+25.1%

Revenue & EPS history

Acacia · Revenue · Quarterly

$17.4M

Q2 2021+721.5%vs Q2 2020
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Revenue by segment

Acacia · $10.1M total across 2 segments · Q3 2023

  • Industrial Operations
    $8.32M-12.9%
  • Intellectual Property Operations
    $1.76M-72.2%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-1.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.8%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+20.7%

Q4 2025

Best reaction

-27.2%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.3%-7.5%-8.9%
Q4 2025+20.7%+18.8%+18.1%
Q3 2025+9.4%+11.3%+12.8%
Q1 2025+15.7%+26.4%+24.8%
Q4 2024-14.5%-18.5%-31.0%
Q3 2024-8.9%-6.3%-4.9%
Q2 2024-4.8%-6.9%-2.5%
Q1 2024-1.9%+2.1%+0.2%
Q4 2023+16.3%+26.3%+25.5%
Q3 2023+1.7%+3.0%+6.1%
Q2 2023-7.2%-3.2%-5.5%
Q1 2023-1.2%+0.8%+14.5%
Q4 2022-7.5%-5.9%-16.7%
Q3 2022+2.0%+0.0%-5.3%
Q2 2022-3.0%-6.0%-16.1%
Q1 2022-3.9%-1.3%-0.9%
Q4 2021+12.3%+8.4%+12.2%
Q3 2021+5.3%-3.1%-10.2%
Q2 2021-4.9%-4.3%+9.7%
Q1 2021-5.1%+0.5%+12.6%
Q4 2020+0.7%+5.3%+0.8%
Q3 2020+1.4%-2.5%+0.0%
Q2 2020-1.0%-3.4%-7.7%
Q1 2020-0.2%-8.6%+62.9%
Q4 2019+3.6%-0.5%+14.0%
Q3 2019+14.2%+13.0%+13.8%
Q2 2019-3.6%-4.9%-14.4%
Q1 2019+1.0%+1.0%-0.6%
Q4 2018-3.2%-1.9%-1.0%
Q3 2018+2.7%+1.3%+3.7%
Q2 2018+2.6%+2.6%-7.9%
Q1 2018+1.4%+1.4%+5.5%
Q4 2017-1.4%-1.4%+2.8%
Q3 2017+6.1%+9.8%+4.9%
Q2 2017-10.0%-15.0%-17.5%
Q1 2017-4.9%-3.9%-22.5%
Q4 2016-9.6%-11.3%-3.5%
Q3 2016+1.7%-2.5%+24.4%
Q2 2016+7.6%+17.5%+16.7%
Q1 2016+4.1%
Q4 2015-21.8%
Q3 2015-14.4%
Q2 2015+9.1%
Q1 2015+12.9%
Q4 2014-3.6%
Q3 2014+1.2%
Q2 2014+16.8%
Q1 2014-0.2%
Q4 2013-6.1%
Q3 2013-25.3%
Q2 2013-12.4%
Q1 2013-27.2%
Q4 2012+3.8%
Q3 2012-0.2%
Q2 2012+1.1%
Q1 2012+2.3%
Q1 2010-2.9%
Q1 2011-2.9%
Q4 2011-2.9%
Q4 2009-2.9%
Q3 2011-6.9%
Q3 2010-6.9%
Q2 2011-1.8%
Q2 2010-1.8%
Q4 2010-1.8%

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