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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and LIVEPERSON INC (LPSN). Click either name above to swap in a different company.
LIVEPERSON INC is the larger business by last-quarter revenue ($59.3M vs $50.1M, roughly 1.2× ACACIA RESEARCH CORP). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs -77.8%, a 84.6% gap on every dollar of revenue. On growth, ACACIA RESEARCH CORP posted the faster year-over-year revenue change (2.6% vs -19.0%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs -16.6%).
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.
LivePerson is a global technology company that develops conversational commerce and AI software.
ACTG vs LPSN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $59.3M |
| Net Profit | $3.4M | $-46.1M |
| Gross Margin | 12.8% | 73.2% |
| Operating Margin | -26.1% | -68.7% |
| Net Margin | 6.8% | -77.8% |
| Revenue YoY | 2.6% | -19.0% |
| Net Profit YoY | 125.5% | 58.9% |
| EPS (diluted) | $0.03 | $-9.22 |
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 | $59.3M | ||
| Q3 25 | $59.4M | $60.2M | ||
| Q2 25 | $51.2M | $59.6M | ||
| Q1 25 | $124.4M | $64.7M | ||
| Q4 24 | $48.8M | $73.2M | ||
| Q3 24 | $23.3M | $74.2M | ||
| Q2 24 | $25.8M | $79.9M | ||
| Q1 24 | $24.3M | $85.1M |
| Q4 25 | $3.4M | $-46.1M | ||
| Q3 25 | $-2.7M | $8.7M | ||
| Q2 25 | $-3.3M | $-15.7M | ||
| Q1 25 | $24.3M | $-14.1M | ||
| Q4 24 | $-13.4M | $-112.1M | ||
| Q3 24 | $-14.0M | $-28.3M | ||
| Q2 24 | $-8.4M | $41.8M | ||
| Q1 24 | $-186.0K | $-35.6M |
| Q4 25 | 12.8% | 73.2% | ||
| Q3 25 | 21.2% | 71.4% | ||
| Q2 25 | 12.8% | 69.7% | ||
| Q1 25 | 47.4% | 71.8% | ||
| Q4 24 | 17.6% | 77.4% | ||
| Q3 24 | 10.1% | 73.1% | ||
| Q2 24 | 26.2% | 79.4% | ||
| Q1 24 | 49.2% | 71.3% |
| Q4 25 | -26.1% | -68.7% | ||
| Q3 25 | -10.8% | -24.2% | ||
| Q2 25 | -24.2% | -10.8% | ||
| Q1 25 | 30.8% | -26.2% | ||
| Q4 24 | -32.4% | -138.0% | ||
| Q3 24 | -44.1% | -21.6% | ||
| Q2 24 | -18.4% | -37.3% | ||
| Q1 24 | -8.6% | -42.7% |
| Q4 25 | 6.8% | -77.8% | ||
| Q3 25 | -4.6% | 14.5% | ||
| Q2 25 | -6.4% | -26.4% | ||
| Q1 25 | 19.5% | -21.8% | ||
| Q4 24 | -27.5% | -153.2% | ||
| Q3 24 | -60.0% | -38.1% | ||
| Q2 24 | -32.7% | 52.3% | ||
| Q1 24 | -0.8% | -41.8% |
| Q4 25 | $0.03 | $-9.22 | ||
| Q3 25 | $-0.03 | $-2.76 | ||
| Q2 25 | $-0.03 | $-0.17 | ||
| Q1 25 | $0.25 | $-0.24 | ||
| Q4 24 | $-0.14 | $-17.23 | ||
| Q3 24 | $-0.14 | $-4.74 | ||
| Q2 24 | $-0.08 | $-0.33 | ||
| Q1 24 | $0.00 | $-0.40 |
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 | $95.0M |
| Total DebtLower is stronger | $91.9M | — |
| Stockholders' EquityBook value | $543.5M | $-44.5M |
| Total Assets | $771.0M | $454.7M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $95.0M | ||
| Q3 25 | $301.8M | $106.7M | ||
| Q2 25 | $316.7M | $162.0M | ||
| Q1 25 | $272.0M | $176.3M | ||
| Q4 24 | $273.9M | $183.2M | ||
| Q3 24 | $410.9M | $142.1M | ||
| Q2 24 | $441.9M | $146.0M | ||
| Q1 24 | $498.4M | $127.1M |
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $512.1M |
| Q4 25 | $543.5M | $-44.5M | ||
| Q3 25 | $537.6M | $-22.1M | ||
| Q2 25 | $538.6M | $-82.4M | ||
| Q1 25 | $540.2M | $-74.9M | ||
| Q4 24 | $514.8M | $-67.3M | ||
| Q3 24 | $540.2M | $45.9M | ||
| Q2 24 | $560.7M | $66.6M | ||
| Q1 24 | $568.3M | $19.2M |
| Q4 25 | $771.0M | $454.7M | ||
| Q3 25 | $768.9M | $511.4M | ||
| Q2 25 | $775.5M | $604.2M | ||
| Q1 25 | $801.6M | $596.2M | ||
| Q4 24 | $756.4M | $607.8M | ||
| Q3 24 | $707.6M | $692.0M | ||
| Q2 24 | $753.6M | $703.8M | ||
| Q1 24 | $631.7M | $724.7M |
| Q4 25 | 0.17× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 26.69× |
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 | $-9.7M |
| Free Cash FlowOCF − Capex | — | $-12.0M |
| FCF MarginFCF / Revenue | — | -20.2% |
| Capex IntensityCapex / Revenue | — | 3.9% |
| Cash ConversionOCF / Net Profit | 22.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-42.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $-9.7M | ||
| Q3 25 | $9.5M | $-6.0M | ||
| Q2 25 | $50.1M | $-11.7M | ||
| Q1 25 | $2.4M | $-3.1M | ||
| Q4 24 | $50.1M | $-3.1M | ||
| Q3 24 | $-593.0K | $4.8M | ||
| Q2 24 | $16.1M | $-17.9M | ||
| Q1 24 | $54.8M | $1.1M |
| Q4 25 | — | $-12.0M | ||
| Q3 25 | — | $-8.9M | ||
| Q2 25 | — | $-14.8M | ||
| Q1 25 | $335.0K | $-6.9M | ||
| Q4 24 | $-98.5M | $-6.8M | ||
| Q3 24 | $-2.8M | $-230.0K | ||
| Q2 24 | $-126.7M | $-22.9M | ||
| Q1 24 | $54.6M | $-10.4M |
| Q4 25 | — | -20.2% | ||
| Q3 25 | — | -14.8% | ||
| Q2 25 | — | -24.9% | ||
| Q1 25 | 0.3% | -10.6% | ||
| Q4 24 | -201.8% | -9.2% | ||
| Q3 24 | -12.1% | -0.3% | ||
| Q2 24 | -490.5% | -28.7% | ||
| Q1 24 | 224.4% | -12.2% |
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | 1.7% | 5.8% | ||
| Q4 24 | 304.4% | 5.0% | ||
| Q3 24 | 9.6% | 6.8% | ||
| Q2 24 | 553.0% | 6.2% | ||
| Q1 24 | 1.1% | 13.5% |
| Q4 25 | 22.01× | — | ||
| Q3 25 | — | -0.69× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.43× | ||
| 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% |
LPSN
| Hosted Services Business | $51.0M | 86% |
| Professional Services | $8.3M | 14% |
