Acacia Research posted Q2 2026 revenue of $114.6 million, up 124% from the prior-year quarter.
Net income swung to $47,000, leaving GAAP diluted EPS at $0.00.
Total Company Adjusted EBITDA rose to $17.3 million from $1.87 million a year earlier; adjusted diluted EPS improved to $0.13 from a loss of $0.06.
Benchmark Energy revenue climbed to $20.5 million, its strongest quarter under Acacia ownership following the Revolution acquisition.
Cash, cash equivalents, equity securities at fair value and loans receivable totaled $334.6 million at quarter-end, or $3.43 per share; the parent company had no debt.