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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and DocGo Inc. (DCGO). Click either name above to swap in a different company.
DocGo Inc. is the larger business by last-quarter revenue ($74.9M vs $50.1M, roughly 1.5× ACACIA RESEARCH CORP). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs -190.0%, a 196.8% gap on every dollar of revenue. On growth, ACACIA RESEARCH CORP posted the faster year-over-year revenue change (2.6% vs -38.0%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs -37.5%).
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.
DocGo Inc. is a U.S.-headquartered mobile healthcare and on-demand medical service provider. It offers a range of solutions including in-home urgent care, diagnostic testing, telehealth consultations, and corporate wellness programs, serving individual patients, health systems, enterprise clients, and public sector organizations across North America.
ACTG vs DCGO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $74.9M |
| Net Profit | $3.4M | $-142.3M |
| Gross Margin | 12.8% | — |
| Operating Margin | -26.1% | -139.6% |
| Net Margin | 6.8% | -190.0% |
| Revenue YoY | 2.6% | -38.0% |
| Net Profit YoY | 125.5% | -1761.4% |
| EPS (diluted) | $0.03 | $-1.36 |
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 | $74.9M | ||
| Q3 25 | $59.4M | $70.8M | ||
| Q2 25 | $51.2M | $80.4M | ||
| Q1 25 | $124.4M | $96.0M | ||
| Q4 24 | $48.8M | $120.8M | ||
| Q3 24 | $23.3M | $138.7M | ||
| Q2 24 | $25.8M | $164.9M | ||
| Q1 24 | $24.3M | $192.1M |
| Q4 25 | $3.4M | $-142.3M | ||
| Q3 25 | $-2.7M | $-27.8M | ||
| Q2 25 | $-3.3M | $-11.2M | ||
| Q1 25 | $24.3M | $-9.4M | ||
| Q4 24 | $-13.4M | $-7.6M | ||
| Q3 24 | $-14.0M | $5.5M | ||
| Q2 24 | $-8.4M | $6.5M | ||
| Q1 24 | $-186.0K | $11.2M |
| Q4 25 | 12.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 47.4% | — | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 26.2% | — | ||
| Q1 24 | 49.2% | — |
| Q4 25 | -26.1% | -139.6% | ||
| Q3 25 | -10.8% | -59.3% | ||
| Q2 25 | -24.2% | -21.7% | ||
| Q1 25 | 30.8% | -14.6% | ||
| Q4 24 | -32.4% | -6.2% | ||
| Q3 24 | -44.1% | 7.3% | ||
| Q2 24 | -18.4% | 6.2% | ||
| Q1 24 | -8.6% | 8.3% |
| Q4 25 | 6.8% | -190.0% | ||
| Q3 25 | -4.6% | -39.2% | ||
| Q2 25 | -6.4% | -13.9% | ||
| Q1 25 | 19.5% | -9.8% | ||
| Q4 24 | -27.5% | -6.3% | ||
| Q3 24 | -60.0% | 4.0% | ||
| Q2 24 | -32.7% | 4.0% | ||
| Q1 24 | -0.8% | 5.8% |
| Q4 25 | $0.03 | $-1.36 | ||
| Q3 25 | $-0.03 | $-0.28 | ||
| Q2 25 | $-0.03 | $-0.11 | ||
| Q1 25 | $0.25 | $-0.09 | ||
| Q4 24 | $-0.14 | $-0.03 | ||
| Q3 24 | $-0.14 | $0.05 | ||
| Q2 24 | $-0.08 | $0.06 | ||
| Q1 24 | $0.00 | $0.10 |
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 | $51.0M |
| Total DebtLower is stronger | $91.9M | $235.6K |
| Stockholders' EquityBook value | $543.5M | $144.0M |
| Total Assets | $771.0M | $217.1M |
| Debt / EquityLower = less leverage | 0.17× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $51.0M | ||
| Q3 25 | $301.8M | $73.4M | ||
| Q2 25 | $316.7M | $104.2M | ||
| Q1 25 | $272.0M | $79.0M | ||
| Q4 24 | $273.9M | $89.2M | ||
| Q3 24 | $410.9M | $89.5M | ||
| Q2 24 | $441.9M | $66.1M | ||
| Q1 24 | $498.4M | $41.2M |
| Q4 25 | $91.9M | $235.6K | ||
| Q3 25 | — | $249.9K | ||
| Q2 25 | — | $12.6K | ||
| Q1 25 | — | $15.1K | ||
| Q4 24 | — | $17.7K | ||
| Q3 24 | — | $47.7K | ||
| Q2 24 | — | $52.8K | ||
| Q1 24 | — | $60.1K |
| Q4 25 | $543.5M | $144.0M | ||
| Q3 25 | $537.6M | $270.5M | ||
| Q2 25 | $538.6M | $297.3M | ||
| Q1 25 | $540.2M | $309.3M | ||
| Q4 24 | $514.8M | $320.9M | ||
| Q3 24 | $540.2M | $325.2M | ||
| Q2 24 | $560.7M | $315.2M | ||
| Q1 24 | $568.3M | $311.3M |
| Q4 25 | $771.0M | $217.1M | ||
| Q3 25 | $768.9M | $353.8M | ||
| Q2 25 | $775.5M | $408.3M | ||
| Q1 25 | $801.6M | $430.8M | ||
| Q4 24 | $756.4M | $455.6M | ||
| Q3 24 | $707.6M | $493.9M | ||
| Q2 24 | $753.6M | $488.2M | ||
| Q1 24 | $631.7M | $490.7M |
| Q4 25 | 0.17× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $-10.5M |
| Free Cash FlowOCF − Capex | — | $-12.0M |
| FCF MarginFCF / Revenue | — | -16.0% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | 22.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $29.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $-10.5M | ||
| Q3 25 | $9.5M | $1.7M | ||
| Q2 25 | $50.1M | $33.6M | ||
| Q1 25 | $2.4M | $9.7M | ||
| Q4 24 | $50.1M | $12.7M | ||
| Q3 24 | $-593.0K | $31.1M | ||
| Q2 24 | $16.1M | $36.9M | ||
| Q1 24 | $54.8M | $-10.6M |
| Q4 25 | — | $-12.0M | ||
| Q3 25 | — | $782.6K | ||
| Q2 25 | — | $32.9M | ||
| Q1 25 | $335.0K | $8.2M | ||
| Q4 24 | $-98.5M | $12.0M | ||
| Q3 24 | $-2.8M | $30.2M | ||
| Q2 24 | $-126.7M | $35.9M | ||
| Q1 24 | $54.6M | $-11.6M |
| Q4 25 | — | -16.0% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 40.9% | ||
| Q1 25 | 0.3% | 8.5% | ||
| Q4 24 | -201.8% | 9.9% | ||
| Q3 24 | -12.1% | 21.8% | ||
| Q2 24 | -490.5% | 21.7% | ||
| Q1 24 | 224.4% | -6.0% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | 1.7% | 1.5% | ||
| Q4 24 | 304.4% | 0.6% | ||
| Q3 24 | 9.6% | 0.7% | ||
| Q2 24 | 553.0% | 0.6% | ||
| Q1 24 | 1.1% | 0.5% |
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.67× | ||
| Q2 24 | — | 5.65× | ||
| Q1 24 | — | -0.95× |
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% |
DCGO
| Transportation Services Segment | $50.2M | 67% |
| Mobile Health Services Segment | $24.8M | 33% |
