• Acacia Research posted Q1 2026 GAAP net loss of USD 15.7 million, or USD 0.16 per share, swinging from profit a year earlier.
• Revenue fell to USD 54.2 million, driven by lower paid-up license revenue in Intellectual Property Operations.
• Adjusted EBITDA dropped to USD 1.6 million from USD 50.7 million a year earlier, while Operated Segment adjusted EBITDA eased to USD 6.8 million from USD 54.7 million.
• Cash, cash equivalents, equity securities measured at fair value and loans receivable totaled USD 329.9 million, or USD 3.41 per share; Benchmark Energy delivered its strongest revenue quarter under Acacia ownership at USD 18.7 million.
• Management said Benchmark’s results were supported by favorable oil prices and continued new well investment, with the recently completed Cherokee well expected to generate wellhead returns above 60%, while Deflecto completed a manufacturing facility consolidation aimed at cost synergies in the second half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acacia Research Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202605070700BIZWIRE_USPR_____20260507_BW804327) on May 07, 2026, and is solely responsible for the information contained therein.