Acacia Research Corporation reported financial results for the quarter ended June 30, 2026. Total revenue increased 124% year-over-year to $114.6 million, driven by higher paid-up licensing revenue from its Intellectual Property Operations segment and strong performance at Benchmark Energy, which generated $20.5 million in revenue. GAAP net income was $47 thousand with diluted EPS of $0.00, while adjusted metrics showed net income of $12.8 million and adjusted diluted EPS of $0.13. Total Company Adjusted EBITDA reached $17.3 million, and the company held $334.6 million in cash and liquid assets, or $3.43 per share, with no parent-company debt. Acacia Research Corporation acquires and operates businesses across the industrial, energy, and technology sectors.