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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and JOINT Corp (JYNT). Click either name above to swap in a different company.
ACACIA RESEARCH CORP is the larger business by last-quarter revenue ($50.1M vs $15.2M, roughly 3.3× JOINT Corp). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs 6.5%, a 0.3% gap on every dollar of revenue. On growth, JOINT Corp posted the faster year-over-year revenue change (3.1% vs 2.6%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs -28.6%).
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.
The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.
ACTG vs JYNT — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $15.2M |
| Net Profit | $3.4M | $991.1K |
| Gross Margin | 12.8% | 81.4% |
| Operating Margin | -26.1% | 4.9% |
| Net Margin | 6.8% | 6.5% |
| Revenue YoY | 2.6% | 3.1% |
| Net Profit YoY | 125.5% | 5510.5% |
| EPS (diluted) | $0.03 | $0.06 |
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 | $15.2M | ||
| Q3 25 | $59.4M | $13.4M | ||
| Q2 25 | $51.2M | $13.3M | ||
| Q1 25 | $124.4M | $13.1M | ||
| Q4 24 | $48.8M | $14.7M | ||
| Q3 24 | $23.3M | $30.2M | ||
| Q2 24 | $25.8M | $30.3M | ||
| Q1 24 | $24.3M | $29.7M |
| Q4 25 | $3.4M | $991.1K | ||
| Q3 25 | $-2.7M | $855.0K | ||
| Q2 25 | $-3.3M | $93.4K | ||
| Q1 25 | $24.3M | $967.8K | ||
| Q4 24 | $-13.4M | $17.7K | ||
| Q3 24 | $-14.0M | $-3.2M | ||
| Q2 24 | $-8.4M | $-3.6M | ||
| Q1 24 | $-186.0K | $947.0K |
| Q4 25 | 12.8% | 81.4% | ||
| Q3 25 | 21.2% | 80.1% | ||
| Q2 25 | 12.8% | 79.1% | ||
| Q1 25 | 47.4% | 77.3% | ||
| Q4 24 | 17.6% | 78.4% | ||
| Q3 24 | 10.1% | 90.7% | ||
| Q2 24 | 26.2% | 90.7% | ||
| Q1 24 | 49.2% | 90.9% |
| Q4 25 | -26.1% | 4.9% | ||
| Q3 25 | -10.8% | 1.2% | ||
| Q2 25 | -24.2% | -8.6% | ||
| Q1 25 | 30.8% | -5.2% | ||
| Q4 24 | -32.4% | 5.5% | ||
| Q3 24 | -44.1% | -1.6% | ||
| Q2 24 | -18.4% | -5.9% | ||
| Q1 24 | -8.6% | -1.4% |
| Q4 25 | 6.8% | 6.5% | ||
| Q3 25 | -4.6% | 6.4% | ||
| Q2 25 | -6.4% | 0.7% | ||
| Q1 25 | 19.5% | 7.4% | ||
| Q4 24 | -27.5% | 0.1% | ||
| Q3 24 | -60.0% | -10.5% | ||
| Q2 24 | -32.7% | -11.9% | ||
| Q1 24 | -0.8% | 3.2% |
| Q4 25 | $0.03 | $0.06 | ||
| Q3 25 | $-0.03 | $0.06 | ||
| Q2 25 | $-0.03 | $0.01 | ||
| Q1 25 | $0.25 | $0.06 | ||
| Q4 24 | $-0.14 | $0.01 | ||
| Q3 24 | $-0.14 | $-0.21 | ||
| Q2 24 | $-0.08 | $-0.24 | ||
| Q1 24 | $0.00 | $0.06 |
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 | $23.6M |
| Total DebtLower is stronger | $91.9M | — |
| Stockholders' EquityBook value | $543.5M | $15.1M |
| Total Assets | $771.0M | $61.0M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $23.6M | ||
| Q3 25 | $301.8M | $29.7M | ||
| Q2 25 | $316.7M | $29.8M | ||
| Q1 25 | $272.0M | $21.9M | ||
| Q4 24 | $273.9M | $25.1M | ||
| Q3 24 | $410.9M | $20.7M | ||
| Q2 24 | $441.9M | $17.5M | ||
| Q1 24 | $498.4M | $18.7M |
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $543.5M | $15.1M | ||
| Q3 25 | $537.6M | $22.7M | ||
| Q2 25 | $538.6M | $23.2M | ||
| Q1 25 | $540.2M | $22.8M | ||
| Q4 24 | $514.8M | $20.7M | ||
| Q3 24 | $540.2M | $20.5M | ||
| Q2 24 | $560.7M | $23.2M | ||
| Q1 24 | $568.3M | $26.2M |
| Q4 25 | $771.0M | $61.0M | ||
| Q3 25 | $768.9M | $69.4M | ||
| Q2 25 | $775.5M | $73.2M | ||
| Q1 25 | $801.6M | $80.1M | ||
| Q4 24 | $756.4M | $83.2M | ||
| Q3 24 | $707.6M | $79.6M | ||
| Q2 24 | $753.6M | $82.4M | ||
| Q1 24 | $631.7M | $85.7M |
| 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 | $13.2M | $2.9M |
| Free Cash FlowOCF − Capex | — | $2.5M |
| FCF MarginFCF / Revenue | — | 16.8% |
| Capex IntensityCapex / Revenue | — | 2.3% |
| Cash ConversionOCF / Net Profit | 3.85× | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $334.7K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.2M | $2.9M | ||
| Q3 25 | $9.5M | $1.8M | ||
| Q2 25 | $50.1M | $868.6K | ||
| Q1 25 | $2.4M | $-3.7M | ||
| Q4 24 | $-20.3M | $4.1M | ||
| Q3 24 | $-593.0K | $3.4M | ||
| Q2 24 | $16.1M | $-973.5K | ||
| Q1 24 | $54.8M | $2.8M |
| Q4 25 | — | $2.5M | ||
| Q3 25 | — | $1.5M | ||
| Q2 25 | — | $363.6K | ||
| Q1 25 | $335.0K | $-4.0M | ||
| Q4 24 | $-23.6M | $3.8M | ||
| Q3 24 | $-2.8M | $3.2M | ||
| Q2 24 | $-126.7M | $-1.2M | ||
| Q1 24 | $54.6M | $2.4M |
| Q4 25 | — | 16.8% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | 0.3% | -30.8% | ||
| Q4 24 | -48.2% | 26.1% | ||
| Q3 24 | -12.1% | 10.6% | ||
| Q2 24 | -490.5% | -4.1% | ||
| Q1 24 | 224.4% | 8.1% |
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | 1.7% | 2.5% | ||
| Q4 24 | 6.7% | 1.9% | ||
| Q3 24 | 9.6% | 0.8% | ||
| Q2 24 | 553.0% | 0.9% | ||
| Q1 24 | 1.1% | 1.3% |
| Q4 25 | 3.85× | 2.92× | ||
| Q3 25 | — | 2.07× | ||
| Q2 25 | — | 9.30× | ||
| Q1 25 | 0.10× | -3.82× | ||
| Q4 24 | — | 233.80× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.97× |
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% |
JYNT
| Transferred At Point In Time | $12.8M | 84% |
| Transferred Over Time | $2.4M | 16% |
