| Metric | Q2 2025 | Q2 2025 Estimate | Q2 2024 | Y/Y Change | | --- | --- | --- | --- | --- | | EPS (Non-GAAP) | $(0.06) | $(0.05) | $(0.01) | (500.0%) | | EPS (GAAP) | $(0.03) | | $(0.08) | N/A | | Revenue (GAAP) | $51.2 million | $55.0 million | $25.8 million | 98.4% | | Total Company Adjusted EBITDA | $1.9 million | | $4.1 million | (53.7%) | | Free Cash Flow (Non-GAAP) | $47.9 million | | | N/A | Business Overview and Strategic Focus Acacia Research operates as an investment platform that acquires, man ...