UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenues:
Total revenues	$ 54,239	$ 124,422
Costs and expenses:
Cost of revenues - intellectual property operations	42,184	65,485
Sales and marketing expenses - industrial and manufacturing operations	3,119	3,312
General and administrative expenses	17,293	17,320
Total costs and expenses	62,596	86,117
Operating (loss) income	(8,357)	38,305
Equity securities investments:
Change in fair value of equity securities	(1,559)	(4,777)
(Loss) gain on sale of equity securities	(605)	1,605
Net realized and unrealized loss	(2,164)	(3,172)
Loss on derivatives - energy operations	(10,699)	(5,021)
(Loss) gain on foreign currency exchange	(59)	155
Interest expense	(1,886)	(2,451)
Interest income	2,815	2,510
Other income (expense), net	185	(717)
Total other expense	(11,808)	(8,696)
(Loss) income before income taxes	(20,165)	29,609
Income tax benefit (expense)	2,564	(6,081)
Net (loss) income including noncontrolling interests in subsidiaries	(17,601)	23,528
Net loss attributable to noncontrolling interests in subsidiaries	1,860	759
Net (loss) income attributable to Acacia Research Corporation	(15,741)	24,287
(Loss) income per share:
Net (loss) income attributable to common stockholders - Basic	$ (15,741)	$ 24,287
Weighted average number of shares outstanding - Basic	96,487,121	96,018,047
Basic net income (loss) per common share (in usd per share)	$ (0.16)	$ 0.25
Net (loss) income attributable to common stockholders - Diluted	$ (15,741)	$ 24,287
Weighted average number of shares outstanding - Diluted	96,487,121	96,981,413
Diluted net income (loss) per common share (in usd per share)	$ (0.16)	$ 0.25
Foreign currency translation	$ 114	$ 662
Other comprehensive income	114	662
Total comprehensive (loss) income	(17,487)	24,190
Comprehensive loss attributable to noncontrolling interests	1,860	759
Comprehensive (loss) income attributable to Acacia Research Corporation	(15,627)	24,949
Intellectual property operations
Revenues:
Total revenues	722	69,905
Costs and expenses:
Cost of revenues - intellectual property operations	4,833	27,912
Industrial operations
Revenues:
Total revenues	7,182	7,676
Costs and expenses:
Cost of revenues - intellectual property operations	3,279	4,064
Energy operations
Revenues:
Total revenues	18,669	18,306
Costs and expenses:
Cost of revenues - intellectual property operations	11,689	12,698
Manufacturing Operations
Revenues:
Total revenues	27,666	28,535
Costs and expenses:
Cost of revenues - intellectual property operations	$ 22,383	$ 20,811