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Side-by-side financial comparison of ACACIA RESEARCH CORP (ACTG) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.

VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $50.1M, roughly 1.7× ACACIA RESEARCH CORP). ACACIA RESEARCH CORP runs the higher net margin — 6.8% vs 3.2%, a 3.6% gap on every dollar of revenue. On growth, VINCE HOLDING CORP. posted the faster year-over-year revenue change (6.2% vs 2.6%). Over the past eight quarters, ACACIA RESEARCH CORP's revenue compounded faster (43.6% CAGR vs 6.3%).

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.

VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.

ACTG vs VNCE — Head-to-Head

Bigger by revenue
VNCE
VNCE
1.7× larger
VNCE
$85.1M
$50.1M
ACTG
Growing faster (revenue YoY)
VNCE
VNCE
+3.6% gap
VNCE
6.2%
2.6%
ACTG
Higher net margin
ACTG
ACTG
3.6% more per $
ACTG
6.8%
3.2%
VNCE
Faster 2-yr revenue CAGR
ACTG
ACTG
Annualised
ACTG
43.6%
6.3%
VNCE

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ACTG
ACTG
VNCE
VNCE
Revenue
$50.1M
$85.1M
Net Profit
$3.4M
$2.7M
Gross Margin
12.8%
49.2%
Operating Margin
-26.1%
6.4%
Net Margin
6.8%
3.2%
Revenue YoY
2.6%
6.2%
Net Profit YoY
125.5%
-37.3%
EPS (diluted)
$0.03
$0.21

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
VNCE
VNCE
Q4 25
$50.1M
$85.1M
Q3 25
$59.4M
$73.2M
Q2 25
$51.2M
$57.9M
Q1 25
$124.4M
$80.0M
Q4 24
$48.8M
$80.2M
Q3 24
$23.3M
$74.2M
Q2 24
$25.8M
$59.2M
Q1 24
$24.3M
$75.3M
Net Profit
ACTG
ACTG
VNCE
VNCE
Q4 25
$3.4M
$2.7M
Q3 25
$-2.7M
$12.1M
Q2 25
$-3.3M
$-4.8M
Q1 25
$24.3M
$-28.3M
Q4 24
$-13.4M
$4.3M
Q3 24
$-14.0M
$569.0K
Q2 24
$-8.4M
$4.4M
Q1 24
$-186.0K
$-4.7M
Gross Margin
ACTG
ACTG
VNCE
VNCE
Q4 25
12.8%
49.2%
Q3 25
21.2%
50.4%
Q2 25
12.8%
50.3%
Q1 25
47.4%
50.1%
Q4 24
17.6%
50.0%
Q3 24
10.1%
47.4%
Q2 24
26.2%
50.6%
Q1 24
49.2%
45.4%
Operating Margin
ACTG
ACTG
VNCE
VNCE
Q4 25
-26.1%
6.4%
Q3 25
-10.8%
15.2%
Q2 25
-24.2%
-7.7%
Q1 25
30.8%
-37.1%
Q4 24
-32.4%
7.2%
Q3 24
-44.1%
1.5%
Q2 24
-18.4%
9.5%
Q1 24
-8.6%
-2.2%
Net Margin
ACTG
ACTG
VNCE
VNCE
Q4 25
6.8%
3.2%
Q3 25
-4.6%
16.5%
Q2 25
-6.4%
-8.3%
Q1 25
19.5%
-35.5%
Q4 24
-27.5%
5.4%
Q3 24
-60.0%
0.8%
Q2 24
-32.7%
7.4%
Q1 24
-0.8%
-6.2%
EPS (diluted)
ACTG
ACTG
VNCE
VNCE
Q4 25
$0.03
$0.21
Q3 25
$-0.03
$0.93
Q2 25
$-0.03
$-0.37
Q1 25
$0.25
$-2.25
Q4 24
$-0.14
$0.34
Q3 24
$-0.14
$0.05
Q2 24
$-0.08
$0.35
Q1 24
$0.00
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACTG
ACTG
VNCE
VNCE
Cash + ST InvestmentsLiquidity on hand
$306.7M
$1.1M
Total DebtLower is stronger
$91.9M
Stockholders' EquityBook value
$543.5M
$53.4M
Total Assets
$771.0M
$246.0M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACTG
ACTG
VNCE
VNCE
Q4 25
$306.7M
$1.1M
Q3 25
$301.8M
$777.0K
Q2 25
$316.7M
$2.6M
Q1 25
$272.0M
$607.0K
Q4 24
$273.9M
$892.0K
Q3 24
$410.9M
$711.0K
Q2 24
$441.9M
$739.0K
Q1 24
$498.4M
$357.0K
Total Debt
ACTG
ACTG
VNCE
VNCE
Q4 25
$91.9M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACTG
ACTG
VNCE
VNCE
Q4 25
$543.5M
$53.4M
Q3 25
$537.6M
$49.3M
Q2 25
$538.6M
$37.2M
Q1 25
$540.2M
$41.8M
Q4 24
$514.8M
$57.1M
Q3 24
$540.2M
$52.4M
Q2 24
$560.7M
$51.7M
Q1 24
$568.3M
$47.2M
Total Assets
ACTG
ACTG
VNCE
VNCE
Q4 25
$771.0M
$246.0M
Q3 25
$768.9M
$239.0M
Q2 25
$775.5M
$218.0M
Q1 25
$801.6M
$222.7M
Q4 24
$756.4M
$254.7M
Q3 24
$707.6M
$253.6M
Q2 24
$753.6M
$223.1M
Q1 24
$631.7M
$225.1M
Debt / Equity
ACTG
ACTG
VNCE
VNCE
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
ACTG
ACTG
VNCE
VNCE
Operating Cash FlowLast quarter
$75.2M
$-5.1M
Free Cash FlowOCF − Capex
$-5.7M
FCF MarginFCF / Revenue
-6.7%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
22.01×
-1.86×
TTM Free Cash FlowTrailing 4 quarters
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACTG
ACTG
VNCE
VNCE
Q4 25
$75.2M
$-5.1M
Q3 25
$9.5M
$4.2M
Q2 25
$50.1M
$-11.8M
Q1 25
$2.4M
$22.7M
Q4 24
$50.1M
$6.4M
Q3 24
$-593.0K
$-3.2M
Q2 24
$16.1M
$-3.9M
Q1 24
$54.8M
$14.8M
Free Cash Flow
ACTG
ACTG
VNCE
VNCE
Q4 25
$-5.7M
Q3 25
$2.1M
Q2 25
$-13.2M
Q1 25
$335.0K
$21.2M
Q4 24
$-98.5M
$5.1M
Q3 24
$-2.8M
$-3.9M
Q2 24
$-126.7M
$-4.6M
Q1 24
$54.6M
$14.2M
FCF Margin
ACTG
ACTG
VNCE
VNCE
Q4 25
-6.7%
Q3 25
2.9%
Q2 25
-22.9%
Q1 25
0.3%
26.5%
Q4 24
-201.8%
6.4%
Q3 24
-12.1%
-5.2%
Q2 24
-490.5%
-7.8%
Q1 24
224.4%
18.9%
Capex Intensity
ACTG
ACTG
VNCE
VNCE
Q4 25
0.7%
Q3 25
2.9%
Q2 25
2.5%
Q1 25
1.7%
1.9%
Q4 24
304.4%
1.6%
Q3 24
9.6%
0.9%
Q2 24
553.0%
1.3%
Q1 24
1.1%
0.7%
Cash Conversion
ACTG
ACTG
VNCE
VNCE
Q4 25
22.01×
-1.86×
Q3 25
0.35×
Q2 25
Q1 25
0.10×
Q4 24
1.48×
Q3 24
-5.61×
Q2 24
-0.89×
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%

VNCE
VNCE

Vince Wholesale$52.0M61%
Vince Direct To Consumer$33.1M39%

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