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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and Logistic Properties of the Americas (LPA). Click either name above to swap in a different company.

Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $50.1M, roughly 1.0× ACACIA RESEARCH CORP). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 6.8%, a 25.3% 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.

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

ACTG vs LPA — Head-to-Head

Bigger by revenue
LPA
LPA
1.0× larger
LPA
$50.1M
$50.1M
ACTG
Higher net margin
LPA
LPA
25.3% more per $
LPA
32.1%
6.8%
ACTG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACTG
ACTG
LPA
LPA
Revenue
$50.1M
$50.1M
Net Profit
$3.4M
$16.1M
Gross Margin
12.8%
Operating Margin
-26.1%
81.7%
Net Margin
6.8%
32.1%
Revenue YoY
2.6%
Net Profit YoY
125.5%
EPS (diluted)
$0.03
$0.33

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
LPA
LPA
Q4 25
$50.1M
$50.1M
Q3 25
$59.4M
$32.7M
Q2 25
$51.2M
$21.5M
Q1 25
$124.4M
$10.5M
Q4 24
$48.8M
Q3 24
$23.3M
$19.2M
Q2 24
$25.8M
Q1 24
$24.3M
$9.2M
Net Profit
ACTG
ACTG
LPA
LPA
Q4 25
$3.4M
$16.1M
Q3 25
$-2.7M
Q2 25
$-3.3M
Q1 25
$24.3M
Q4 24
$-13.4M
Q3 24
$-14.0M
Q2 24
$-8.4M
Q1 24
$-186.0K
Gross Margin
ACTG
ACTG
LPA
LPA
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%
Operating Margin
ACTG
ACTG
LPA
LPA
Q4 25
-26.1%
81.7%
Q3 25
-10.8%
Q2 25
-24.2%
Q1 25
30.8%
Q4 24
-32.4%
Q3 24
-44.1%
Q2 24
-18.4%
Q1 24
-8.6%
Net Margin
ACTG
ACTG
LPA
LPA
Q4 25
6.8%
32.1%
Q3 25
-4.6%
Q2 25
-6.4%
Q1 25
19.5%
Q4 24
-27.5%
Q3 24
-60.0%
Q2 24
-32.7%
Q1 24
-0.8%
EPS (diluted)
ACTG
ACTG
LPA
LPA
Q4 25
$0.03
$0.33
Q3 25
$-0.03
$0.09
Q2 25
$-0.03
$-0.06
Q1 25
$0.25
Q4 24
$-0.14
Q3 24
$-0.14
$-1.26
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
ACTG
ACTG
LPA
LPA
Cash + ST InvestmentsLiquidity on hand
$306.7M
$27.3M
Total DebtLower is stronger
$91.9M
$296.8M
Stockholders' EquityBook value
$543.5M
$324.6M
Total Assets
$771.0M
$700.8M
Debt / EquityLower = less leverage
0.17×
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACTG
ACTG
LPA
LPA
Q4 25
$306.7M
$27.3M
Q3 25
$301.8M
Q2 25
$316.7M
Q1 25
$272.0M
Q4 24
$273.9M
Q3 24
$410.9M
Q2 24
$441.9M
Q1 24
$498.4M
$1.1M
Total Debt
ACTG
ACTG
LPA
LPA
Q4 25
$91.9M
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACTG
ACTG
LPA
LPA
Q4 25
$543.5M
$324.6M
Q3 25
$537.6M
Q2 25
$538.6M
Q1 25
$540.2M
Q4 24
$514.8M
Q3 24
$540.2M
Q2 24
$560.7M
Q1 24
$568.3M
Total Assets
ACTG
ACTG
LPA
LPA
Q4 25
$771.0M
$700.8M
Q3 25
$768.9M
Q2 25
$775.5M
Q1 25
$801.6M
Q4 24
$756.4M
Q3 24
$707.6M
Q2 24
$753.6M
Q1 24
$631.7M
Debt / Equity
ACTG
ACTG
LPA
LPA
Q4 25
0.17×
0.91×
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
ACTG
ACTG
LPA
LPA
Operating Cash FlowLast quarter
$75.2M
$21.6M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
42.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
22.01×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACTG
ACTG
LPA
LPA
Q4 25
$75.2M
$21.6M
Q3 25
$9.5M
$14.4M
Q2 25
$50.1M
$7.2M
Q1 25
$2.4M
$4.4M
Q4 24
$50.1M
Q3 24
$-593.0K
$8.3M
Q2 24
$16.1M
Q1 24
$54.8M
$4.8M
Free Cash Flow
ACTG
ACTG
LPA
LPA
Q4 25
$21.4M
Q3 25
$-7.3M
Q2 25
$-3.1M
Q1 25
$335.0K
$966.4K
Q4 24
$-98.5M
Q3 24
$-2.8M
$-2.4M
Q2 24
$-126.7M
Q1 24
$54.6M
$218.9K
FCF Margin
ACTG
ACTG
LPA
LPA
Q4 25
42.7%
Q3 25
-22.2%
Q2 25
-14.4%
Q1 25
0.3%
9.2%
Q4 24
-201.8%
Q3 24
-12.1%
-12.3%
Q2 24
-490.5%
Q1 24
224.4%
2.4%
Capex Intensity
ACTG
ACTG
LPA
LPA
Q4 25
0.3%
Q3 25
66.1%
Q2 25
47.9%
Q1 25
1.7%
32.5%
Q4 24
304.4%
Q3 24
9.6%
55.5%
Q2 24
553.0%
Q1 24
1.1%
50.0%
Cash Conversion
ACTG
ACTG
LPA
LPA
Q4 25
22.01×
1.34×
Q3 25
Q2 25
Q1 25
0.10×
Q4 24
Q3 24
Q2 24
Q1 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%

LPA
LPA

Segment breakdown not available.

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