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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and Cytek Biosciences, Inc. (CTKB). Click either name above to swap in a different company.
Cytek Biosciences, Inc. is the larger business by last-quarter revenue ($62.1M vs $50.1M, roughly 1.2× ACACIA RESEARCH CORP). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs -70.9%, a 77.7% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs 2.6%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs 17.7%).
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.
Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.
ACTG vs CTKB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $62.1M |
| Net Profit | $3.4M | $-44.1M |
| Gross Margin | 12.8% | 52.9% |
| Operating Margin | -26.1% | -9.0% |
| Net Margin | 6.8% | -70.9% |
| Revenue YoY | 2.6% | 8.1% |
| Net Profit YoY | 125.5% | -557.1% |
| 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.
| Q4 25 | $50.1M | $62.1M | ||
| Q3 25 | $59.4M | $52.3M | ||
| Q2 25 | $51.2M | $45.6M | ||
| Q1 25 | $124.4M | $41.5M | ||
| Q4 24 | $48.8M | $57.5M | ||
| Q3 24 | $23.3M | $51.5M | ||
| Q2 24 | $25.8M | $46.6M | ||
| Q1 24 | $24.3M | $44.9M |
| Q4 25 | $3.4M | $-44.1M | ||
| Q3 25 | $-2.7M | $-5.5M | ||
| Q2 25 | $-3.3M | $-5.6M | ||
| Q1 25 | $24.3M | $-11.4M | ||
| Q4 24 | $-13.4M | $9.6M | ||
| Q3 24 | $-14.0M | $941.0K | ||
| Q2 24 | $-8.4M | $-10.4M | ||
| Q1 24 | $-186.0K | $-6.2M |
| Q4 25 | 12.8% | 52.9% | ||
| Q3 25 | 21.2% | 52.7% | ||
| Q2 25 | 12.8% | 52.3% | ||
| Q1 25 | 47.4% | 48.6% | ||
| Q4 24 | 17.6% | 58.5% | ||
| Q3 24 | 10.1% | 56.3% | ||
| Q2 24 | 26.2% | 54.6% | ||
| Q1 24 | 49.2% | 51.3% |
| Q4 25 | -26.1% | -9.0% | ||
| Q3 25 | -10.8% | -17.6% | ||
| Q2 25 | -24.2% | -23.3% | ||
| Q1 25 | 30.8% | -36.1% | ||
| Q4 24 | -32.4% | 5.2% | ||
| Q3 24 | -44.1% | -8.2% | ||
| Q2 24 | -18.4% | -18.3% | ||
| Q1 24 | -8.6% | -23.9% |
| Q4 25 | 6.8% | -70.9% | ||
| Q3 25 | -4.6% | -10.5% | ||
| Q2 25 | -6.4% | -12.2% | ||
| Q1 25 | 19.5% | -27.5% | ||
| Q4 24 | -27.5% | 16.8% | ||
| Q3 24 | -60.0% | 1.8% | ||
| Q2 24 | -32.7% | -22.4% | ||
| Q1 24 | -0.8% | -13.8% |
| 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 | — | ||
| Q1 24 | $0.00 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $306.7M | $90.9M |
| Total DebtLower is stronger | $91.9M | — |
| Stockholders' EquityBook value | $543.5M | $341.7M |
| Total Assets | $771.0M | $461.5M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $90.9M | ||
| Q3 25 | $301.8M | $93.3M | ||
| Q2 25 | $316.7M | $75.5M | ||
| Q1 25 | $272.0M | $95.3M | ||
| Q4 24 | $273.9M | $98.7M | ||
| Q3 24 | $410.9M | $162.3M | ||
| Q2 24 | $441.9M | $177.9M | ||
| Q1 24 | $498.4M | $168.8M |
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $543.5M | $341.7M | ||
| Q3 25 | $537.6M | $378.6M | ||
| Q2 25 | $538.6M | $377.6M | ||
| Q1 25 | $540.2M | $379.6M | ||
| Q4 24 | $514.8M | $395.7M | ||
| Q3 24 | $540.2M | $385.5M | ||
| Q2 24 | $560.7M | $389.1M | ||
| Q1 24 | $568.3M | $392.6M |
| Q4 25 | $771.0M | $461.5M | ||
| Q3 25 | $768.9M | $494.9M | ||
| Q2 25 | $775.5M | $493.3M | ||
| Q1 25 | $801.6M | $482.6M | ||
| Q4 24 | $756.4M | $499.5M | ||
| Q3 24 | $707.6M | $491.2M | ||
| Q2 24 | $753.6M | $483.7M | ||
| Q1 24 | $631.7M | $492.1M |
| Q4 25 | 0.17× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $75.2M | $-771.0K |
| Free Cash FlowOCF − Capex | — | $-1.8M |
| FCF MarginFCF / Revenue | — | -2.9% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | 22.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-8.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $-771.0K | ||
| Q3 25 | $9.5M | $-3.9M | ||
| Q2 25 | $50.1M | $108.0K | ||
| Q1 25 | $2.4M | $-125.0K | ||
| Q4 24 | $50.1M | $2.0M | ||
| Q3 24 | $-593.0K | $13.2M | ||
| Q2 24 | $16.1M | $6.2M | ||
| Q1 24 | $54.8M | $4.0M |
| Q4 25 | — | $-1.8M | ||
| Q3 25 | — | $-4.6M | ||
| Q2 25 | — | $-1.5M | ||
| Q1 25 | $335.0K | $-974.0K | ||
| Q4 24 | $-98.5M | $1.1M | ||
| Q3 24 | $-2.8M | $12.2M | ||
| Q2 24 | $-126.7M | $5.2M | ||
| Q1 24 | $54.6M | $3.4M |
| Q4 25 | — | -2.9% | ||
| Q3 25 | — | -8.7% | ||
| Q2 25 | — | -3.2% | ||
| Q1 25 | 0.3% | -2.3% | ||
| Q4 24 | -201.8% | 1.9% | ||
| Q3 24 | -12.1% | 23.7% | ||
| Q2 24 | -490.5% | 11.0% | ||
| Q1 24 | 224.4% | 7.6% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | 1.7% | 2.0% | ||
| Q4 24 | 304.4% | 1.6% | ||
| Q3 24 | 9.6% | 2.0% | ||
| Q2 24 | 553.0% | 2.3% | ||
| Q1 24 | 1.1% | 1.3% |
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 14.05× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
CTKB
| Products | $46.6M | 75% |
| Services | $15.5M | 25% |
