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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and Montauk Renewables, Inc. (MNTK). Click either name above to swap in a different company.
ACACIA RESEARCH CORP is the larger business by last-quarter revenue ($50.1M vs $43.4M, roughly 1.2× Montauk Renewables, Inc.). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs 5.7%, a 1.1% gap on every dollar of revenue. On growth, Montauk Renewables, Inc. posted the faster year-over-year revenue change (56.7% vs 2.6%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs 5.8%).
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.
Montauk Renewables, Inc. is a US-based renewable energy firm specializing in capturing and converting biogenic methane from landfills and agricultural waste into renewable natural gas (RNG) and low-carbon electricity. It serves utility, commercial, and industrial customers across North America, with operations focused on advancing decarbonization and sustainable energy transition goals.
ACTG vs MNTK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $43.4M |
| Net Profit | $3.4M | $2.5M |
| Gross Margin | 12.8% | — |
| Operating Margin | -26.1% | -3.8% |
| Net Margin | 6.8% | 5.7% |
| Revenue YoY | 2.6% | 56.7% |
| Net Profit YoY | 125.5% | 129.5% |
| EPS (diluted) | $0.03 | $0.01 |
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 | $43.4M | ||
| Q3 25 | $59.4M | $45.3M | ||
| Q2 25 | $51.2M | $45.1M | ||
| Q1 25 | $124.4M | $42.6M | ||
| Q4 24 | $48.8M | $27.7M | ||
| Q3 24 | $23.3M | $65.9M | ||
| Q2 24 | $25.8M | $43.3M | ||
| Q1 24 | $24.3M | $38.8M |
| Q4 25 | $3.4M | $2.5M | ||
| Q3 25 | $-2.7M | $5.2M | ||
| Q2 25 | $-3.3M | $-5.5M | ||
| Q1 25 | $24.3M | $-464.0K | ||
| Q4 24 | $-13.4M | $-8.5M | ||
| Q3 24 | $-14.0M | $17.0M | ||
| Q2 24 | $-8.4M | $-712.0K | ||
| Q1 24 | $-186.0K | $1.9M |
| Q4 25 | 12.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 47.4% | — | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 10.1% | 43.8% | ||
| Q2 24 | 26.2% | 15.6% | ||
| Q1 24 | 49.2% | 22.8% |
| Q4 25 | -26.1% | -3.8% | ||
| Q3 25 | -10.8% | 9.8% | ||
| Q2 25 | -24.2% | -5.2% | ||
| Q1 25 | 30.8% | 1.0% | ||
| Q4 24 | -32.4% | -35.5% | ||
| Q3 24 | -44.1% | 34.4% | ||
| Q2 24 | -18.4% | 2.0% | ||
| Q1 24 | -8.6% | 6.1% |
| Q4 25 | 6.8% | 5.7% | ||
| Q3 25 | -4.6% | 11.5% | ||
| Q2 25 | -6.4% | -12.2% | ||
| Q1 25 | 19.5% | -1.1% | ||
| Q4 24 | -27.5% | -30.5% | ||
| Q3 24 | -60.0% | 25.9% | ||
| Q2 24 | -32.7% | -1.6% | ||
| Q1 24 | -0.8% | 4.8% |
| Q4 25 | $0.03 | $0.01 | ||
| Q3 25 | $-0.03 | $0.04 | ||
| Q2 25 | $-0.03 | $-0.04 | ||
| Q1 25 | $0.25 | $0.00 | ||
| Q4 24 | $-0.14 | $-0.05 | ||
| Q3 24 | $-0.14 | $0.12 | ||
| Q2 24 | $-0.08 | $-0.01 | ||
| Q1 24 | $0.00 | $0.01 |
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 | $23.8M |
| Total DebtLower is stronger | $91.9M | $126.0M |
| Stockholders' EquityBook value | $543.5M | $263.1M |
| Total Assets | $771.0M | $435.5M |
| Debt / EquityLower = less leverage | 0.17× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $23.8M | ||
| Q3 25 | $301.8M | $6.8M | ||
| Q2 25 | $316.7M | $29.1M | ||
| Q1 25 | $272.0M | $40.1M | ||
| Q4 24 | $273.9M | $45.6M | ||
| Q3 24 | $410.9M | $55.0M | ||
| Q2 24 | $441.9M | $42.3M | ||
| Q1 24 | $498.4M | $63.3M |
| Q4 25 | $91.9M | $126.0M | ||
| Q3 25 | — | $54.9M | ||
| Q2 25 | — | $57.8M | ||
| Q1 25 | — | $40.8M | ||
| Q4 24 | — | $43.8M | ||
| Q3 24 | — | $46.7M | ||
| Q2 24 | — | $49.7M | ||
| Q1 24 | — | $52.7M |
| Q4 25 | $543.5M | $263.1M | ||
| Q3 25 | $537.6M | $260.7M | ||
| Q2 25 | $538.6M | $254.7M | ||
| Q1 25 | $540.2M | $258.2M | ||
| Q4 24 | $514.8M | $257.4M | ||
| Q3 24 | $540.2M | $275.3M | ||
| Q2 24 | $560.7M | $255.3M | ||
| Q1 24 | $568.3M | $254.3M |
| Q4 25 | $771.0M | $435.5M | ||
| Q3 25 | $768.9M | $383.3M | ||
| Q2 25 | $775.5M | $382.5M | ||
| Q1 25 | $801.6M | $354.2M | ||
| Q4 24 | $756.4M | $349.0M | ||
| Q3 24 | $707.6M | $374.1M | ||
| Q2 24 | $753.6M | $362.0M | ||
| Q1 24 | $631.7M | $354.7M |
| Q4 25 | 0.17× | 0.48× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.21× |
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 | $337.0K |
| Free Cash FlowOCF − Capex | — | $-41.1M |
| FCF MarginFCF / Revenue | — | -94.7% |
| Capex IntensityCapex / Revenue | — | 95.5% |
| Cash ConversionOCF / Net Profit | 22.01× | 0.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-86.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $337.0K | ||
| Q3 25 | $9.5M | $12.7M | ||
| Q2 25 | $50.1M | $8.2M | ||
| Q1 25 | $2.4M | $9.1M | ||
| Q4 24 | $50.1M | $724.0K | ||
| Q3 24 | $-593.0K | $28.6M | ||
| Q2 24 | $16.1M | $193.0K | ||
| Q1 24 | $54.8M | $14.3M |
| Q4 25 | — | $-41.1M | ||
| Q3 25 | — | $-17.2M | ||
| Q2 25 | — | $-25.5M | ||
| Q1 25 | $335.0K | $-2.5M | ||
| Q4 24 | $-98.5M | $-8.3M | ||
| Q3 24 | $-2.8M | $16.0M | ||
| Q2 24 | $-126.7M | $-18.6M | ||
| Q1 24 | $54.6M | $-7.7M |
| Q4 25 | — | -94.7% | ||
| Q3 25 | — | -37.9% | ||
| Q2 25 | — | -56.4% | ||
| Q1 25 | 0.3% | -5.8% | ||
| Q4 24 | -201.8% | -29.8% | ||
| Q3 24 | -12.1% | 24.3% | ||
| Q2 24 | -490.5% | -42.9% | ||
| Q1 24 | 224.4% | -19.8% |
| Q4 25 | — | 95.5% | ||
| Q3 25 | — | 65.9% | ||
| Q2 25 | — | 74.6% | ||
| Q1 25 | 1.7% | 27.3% | ||
| Q4 24 | 304.4% | 32.5% | ||
| Q3 24 | 9.6% | 19.1% | ||
| Q2 24 | 553.0% | 43.3% | ||
| Q1 24 | 1.1% | 56.7% |
| Q4 25 | 22.01× | 0.14× | ||
| Q3 25 | — | 2.43× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 7.73× |
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% |
MNTK
| Natural Gas Environmental Attributes | $28.1M | 65% |
| Natural Gas Commodity | $10.7M | 25% |
| Electric Commodity | $2.7M | 6% |
| Electric Environmental Attributes | $2.0M | 5% |
