vs
Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and Nerdy Inc. (NRDY). Click either name above to swap in a different company.
ACACIA RESEARCH CORP is the larger business by last-quarter revenue ($50.1M vs $49.1M, roughly 1.0× Nerdy Inc.). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs -18.8%, a 25.6% gap on every dollar of revenue. On growth, ACACIA RESEARCH CORP posted the faster year-over-year revenue change (2.6% vs 2.3%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs -4.4%).
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.
Nerdy Inc. is a leading U.S.-based edtech firm best known for operating the Varsity Tutors platform, offering live one-on-one tutoring, on-demand courses, test prep resources, and skill-building content. It serves K-12 students, higher ed learners, and working professionals across hundreds of academic and professional subject areas.
ACTG vs NRDY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $49.1M |
| Net Profit | $3.4M | $-9.2M |
| Gross Margin | 12.8% | 51.0% |
| Operating Margin | -26.1% | -28.3% |
| Net Margin | 6.8% | -18.8% |
| Revenue YoY | 2.6% | 2.3% |
| Net Profit YoY | 125.5% | 8.9% |
| EPS (diluted) | $0.03 | $-0.07 |
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 | $49.1M | ||
| Q3 25 | $59.4M | $37.0M | ||
| Q2 25 | $51.2M | $45.3M | ||
| Q1 25 | $124.4M | $47.6M | ||
| Q4 24 | $48.8M | $48.0M | ||
| Q3 24 | $23.3M | $37.5M | ||
| Q2 24 | $25.8M | $51.0M | ||
| Q1 24 | $24.3M | $53.7M |
| Q4 25 | $3.4M | $-9.2M | ||
| Q3 25 | $-2.7M | $-12.3M | ||
| Q2 25 | $-3.3M | $-7.9M | ||
| Q1 25 | $24.3M | $-10.5M | ||
| Q4 24 | $-13.4M | $-10.1M | ||
| Q3 24 | $-14.0M | $-15.9M | ||
| Q2 24 | $-8.4M | $-9.1M | ||
| Q1 24 | $-186.0K | $-7.4M |
| Q4 25 | 12.8% | 51.0% | ||
| Q3 25 | 21.2% | 62.9% | ||
| Q2 25 | 12.8% | 61.5% | ||
| Q1 25 | 47.4% | 58.0% | ||
| Q4 24 | 17.6% | 66.6% | ||
| Q3 24 | 10.1% | 70.5% | ||
| Q2 24 | 26.2% | 65.7% | ||
| Q1 24 | 49.2% | 68.0% |
| Q4 25 | -26.1% | -28.3% | ||
| Q3 25 | -10.8% | -51.5% | ||
| Q2 25 | -24.2% | -27.1% | ||
| Q1 25 | 30.8% | -34.8% | ||
| Q4 24 | -32.4% | -34.0% | ||
| Q3 24 | -44.1% | -68.5% | ||
| Q2 24 | -18.4% | -29.9% | ||
| Q1 24 | -8.6% | -23.9% |
| Q4 25 | 6.8% | -18.8% | ||
| Q3 25 | -4.6% | -33.2% | ||
| Q2 25 | -6.4% | -17.4% | ||
| Q1 25 | 19.5% | -22.1% | ||
| Q4 24 | -27.5% | -21.1% | ||
| Q3 24 | -60.0% | -42.4% | ||
| Q2 24 | -32.7% | -17.8% | ||
| Q1 24 | -0.8% | -13.9% |
| Q4 25 | $0.03 | $-0.07 | ||
| Q3 25 | $-0.03 | $-0.10 | ||
| Q2 25 | $-0.03 | $-0.07 | ||
| Q1 25 | $0.25 | $-0.09 | ||
| Q4 24 | $-0.14 | $-0.09 | ||
| Q3 24 | $-0.14 | $-0.14 | ||
| Q2 24 | $-0.08 | $-0.08 | ||
| Q1 24 | $0.00 | $-0.07 |
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 | $47.9M |
| Total DebtLower is stronger | $91.9M | — |
| Stockholders' EquityBook value | $543.5M | $19.0M |
| Total Assets | $771.0M | $76.2M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $306.7M | $47.9M | ||
| Q3 25 | $301.8M | $32.7M | ||
| Q2 25 | $316.7M | $36.7M | ||
| Q1 25 | $272.0M | $44.9M | ||
| Q4 24 | $273.9M | $52.5M | ||
| Q3 24 | $410.9M | $65.0M | ||
| Q2 24 | $441.9M | $69.8M | ||
| Q1 24 | $498.4M | $77.0M |
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $543.5M | $19.0M | ||
| Q3 25 | $537.6M | $24.3M | ||
| Q2 25 | $538.6M | $31.8M | ||
| Q1 25 | $540.2M | $34.4M | ||
| Q4 24 | $514.8M | $39.5M | ||
| Q3 24 | $540.2M | $43.3M | ||
| Q2 24 | $560.7M | $52.2M | ||
| Q1 24 | $568.3M | $52.8M |
| Q4 25 | $771.0M | $76.2M | ||
| Q3 25 | $768.9M | $70.4M | ||
| Q2 25 | $775.5M | $73.7M | ||
| Q1 25 | $801.6M | $83.0M | ||
| Q4 24 | $756.4M | $92.5M | ||
| Q3 24 | $707.6M | $106.8M | ||
| Q2 24 | $753.6M | $111.3M | ||
| Q1 24 | $631.7M | $121.3M |
| 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 | $75.2M | $-2.9M |
| Free Cash FlowOCF − Capex | — | $-4.3M |
| FCF MarginFCF / Revenue | — | -8.7% |
| Capex IntensityCapex / Revenue | — | 2.7% |
| Cash ConversionOCF / Net Profit | 22.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.2M | $-2.9M | ||
| Q3 25 | $9.5M | $-2.4M | ||
| Q2 25 | $50.1M | $-7.0M | ||
| Q1 25 | $2.4M | $-6.4M | ||
| Q4 24 | $50.1M | $-11.3M | ||
| Q3 24 | $-593.0K | $-3.1M | ||
| Q2 24 | $16.1M | $-5.6M | ||
| Q1 24 | $54.8M | $4.4M |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $-4.1M | ||
| Q2 25 | — | $-8.2M | ||
| Q1 25 | $335.0K | $-7.6M | ||
| Q4 24 | $-98.5M | $-12.5M | ||
| Q3 24 | $-2.8M | $-5.0M | ||
| Q2 24 | $-126.7M | $-7.1M | ||
| Q1 24 | $54.6M | $2.1M |
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | -11.2% | ||
| Q2 25 | — | -18.1% | ||
| Q1 25 | 0.3% | -16.0% | ||
| Q4 24 | -201.8% | -26.0% | ||
| Q3 24 | -12.1% | -13.3% | ||
| Q2 24 | -490.5% | -14.0% | ||
| Q1 24 | 224.4% | 4.0% |
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | 1.7% | 2.5% | ||
| Q4 24 | 304.4% | 2.4% | ||
| Q3 24 | 9.6% | 5.2% | ||
| Q2 24 | 553.0% | 3.0% | ||
| Q1 24 | 1.1% | 4.1% |
| Q4 25 | 22.01× | — | ||
| 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
| 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% |
NRDY
Segment breakdown not available.
