Filing Flows › Acacia Research (ACTG) › How it makes money
How Acacia Research (ACTG) makes money
Acacia Research (ACTG) made $54.3M of revenue in the third quarter 2026 (Q3 2026), -15% from a year earlier. Transportation safety brought in $11.3M (21%); Oil sales brought in $10.0M (19%); Air distribution brought in $8.2M (15%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Transportation safety | $11.3M | 20.8% | — | +0.1% |
| Oil sales | $10.0M | 18.5% | — | +52% |
| Air distribution | $8.2M | 15.2% | — | +11% |
| ↳ Industrial operations | $7.5M | 13.9% | — | +13% |
| ↳ Services | $714K | 1.3% | — | -11% |
| Office products | $7.7M | 14.1% | — | -18% |
| Printers, consumables and parts | $6.8M | 12.6% | — | +16% |
| Natural gas liquids sales | $5.0M | 9.1% | — | +55% |
| Natural gas sales | $3.8M | 6.9% | — | +0.7% |
| Other service sales | $678K | 1.2% | — | +10% |
| Recurring license revenue agreements | $263K | 0.5% | — | -37% |
| Intellectual property operations | $263K | 0.5% | — | -97% |
| License fees | $263K | 0.5% | — | -97% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $54.3M | 100.0% |
| Operating cash flow | $15.0M | 27.6% |
| Free cash flow | $10.5M | 19.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $54.4M | -8% |
| Q2 2026 | $115M | +124% |
| Q1 2026 | $54.2M | -56% |
| Q4 2025 | $50.1M | +3% |
| Q3 2025 | $59.4M | +155% |
| Q2 2025 | $51.2M | +98% |
| Q1 2025 | $124M | +412% |
From Acacia Research's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Acacia Research make money?
Acacia Research (ACTG) made $54.3M of revenue in the third quarter 2026 (Q3 2026), -15% from a year earlier. Transportation safety brought in $11.3M (21%); Oil sales brought in $10.0M (19%); Air distribution brought in $8.2M (15%).
What is Acacia Research's biggest business?
Transportation safety: $11.3M in the third quarter 2026, 21% of revenue, +0.1% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.