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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and CLPS Inc (CLPS). Click either name above to swap in a different company.

CLPS Inc is the larger business by last-quarter revenue ($82.8M vs $50.1M, roughly 1.7× ACACIA RESEARCH CORP). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs 0.2%, a 6.6% gap on every dollar of revenue.

Acacia Research Corporation is a publicly traded American company based in New York City. It acquires and operates businesses in industries including the technology, energy, and industrial/manufacturing sectors. Acacia has a strategic relationship with Starboard Value, LP, the company's controlling shareholder. The company has been characterized as a patent troll.

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

ACTG vs CLPS — Head-to-Head

Bigger by revenue
CLPS
CLPS
1.7× larger
CLPS
$82.8M
$50.1M
ACTG
Higher net margin
ACTG
ACTG
6.6% more per $
ACTG
6.8%
0.2%
CLPS

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
ACTG
ACTG
CLPS
CLPS
Revenue
$50.1M
$82.8M
Net Profit
$3.4M
$183.0K
Gross Margin
12.8%
23.1%
Operating Margin
-26.1%
0.2%
Net Margin
6.8%
0.2%
Revenue YoY
2.6%
Net Profit YoY
125.5%
EPS (diluted)
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACTG
ACTG
CLPS
CLPS
Q2 26
$82.8M
Q4 25
$50.1M
Q3 25
$59.4M
Q2 25
$51.2M
Q1 25
$124.4M
Q4 24
$48.8M
$71.8M
Q3 24
$23.3M
Q2 24
$25.8M
Net Profit
ACTG
ACTG
CLPS
CLPS
Q2 26
$183.0K
Q4 25
$3.4M
Q3 25
$-2.7M
Q2 25
$-3.3M
Q1 25
$24.3M
Q4 24
$-13.4M
$-993.5K
Q3 24
$-14.0M
Q2 24
$-8.4M
Gross Margin
ACTG
ACTG
CLPS
CLPS
Q2 26
23.1%
Q4 25
12.8%
Q3 25
21.2%
Q2 25
12.8%
Q1 25
47.4%
Q4 24
17.6%
21.9%
Q3 24
10.1%
Q2 24
26.2%
Operating Margin
ACTG
ACTG
CLPS
CLPS
Q2 26
0.2%
Q4 25
-26.1%
Q3 25
-10.8%
Q2 25
-24.2%
Q1 25
30.8%
Q4 24
-32.4%
-1.3%
Q3 24
-44.1%
Q2 24
-18.4%
Net Margin
ACTG
ACTG
CLPS
CLPS
Q2 26
0.2%
Q4 25
6.8%
Q3 25
-4.6%
Q2 25
-6.4%
Q1 25
19.5%
Q4 24
-27.5%
-1.4%
Q3 24
-60.0%
Q2 24
-32.7%
EPS (diluted)
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
$0.03
Q3 25
$-0.03
Q2 25
$-0.03
Q1 25
$0.25
Q4 24
$-0.14
Q3 24
$-0.14
Q2 24
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACTG
ACTG
CLPS
CLPS
Cash + ST InvestmentsLiquidity on hand
$306.7M
$29.1M
Total DebtLower is stronger
$91.9M
Stockholders' EquityBook value
$543.5M
$57.6M
Total Assets
$771.0M
$118.1M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACTG
ACTG
CLPS
CLPS
Q2 26
$29.1M
Q4 25
$306.7M
Q3 25
$301.8M
Q2 25
$316.7M
Q1 25
$272.0M
Q4 24
$273.9M
$31.2M
Q3 24
$410.9M
Q2 24
$441.9M
Total Debt
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
$91.9M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ACTG
ACTG
CLPS
CLPS
Q2 26
$57.6M
Q4 25
$543.5M
Q3 25
$537.6M
Q2 25
$538.6M
Q1 25
$540.2M
Q4 24
$514.8M
$63.9M
Q3 24
$540.2M
Q2 24
$560.7M
Total Assets
ACTG
ACTG
CLPS
CLPS
Q2 26
$118.1M
Q4 25
$771.0M
Q3 25
$768.9M
Q2 25
$775.5M
Q1 25
$801.6M
Q4 24
$756.4M
$110.0M
Q3 24
$707.6M
Q2 24
$753.6M
Debt / Equity
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
0.17×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACTG
ACTG
CLPS
CLPS
Operating Cash FlowLast quarter
$75.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
22.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
$75.2M
Q3 25
$9.5M
Q2 25
$50.1M
Q1 25
$2.4M
Q4 24
$50.1M
Q3 24
$-593.0K
Q2 24
$16.1M
Free Cash Flow
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
Q3 25
Q2 25
Q1 25
$335.0K
Q4 24
$-98.5M
Q3 24
$-2.8M
Q2 24
$-126.7M
FCF Margin
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
Q3 25
Q2 25
Q1 25
0.3%
Q4 24
-201.8%
Q3 24
-12.1%
Q2 24
-490.5%
Capex Intensity
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
Q3 25
Q2 25
Q1 25
1.7%
Q4 24
304.4%
Q3 24
9.6%
Q2 24
553.0%
Cash Conversion
ACTG
ACTG
CLPS
CLPS
Q2 26
Q4 25
22.01×
Q3 25
Q2 25
Q1 25
0.10×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACTG
ACTG

Energy Operations$16.0M32%
Transportation Safety$10.4M21%
Office Storage And Display Solutions$8.4M17%
Printers Consumables And Parts$6.5M13%
Natural Gas Reserves$5.1M10%
Natural Gas Liquids Reserves$3.3M7%

CLPS
CLPS

Segment breakdown not available.

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