Digimarc Corporation DMRC R2K

Technology · Software - Application · United States

https://www.digimarc.com

Digimarc Corporation provides digital identity and authentication solutions in the United States and internationally. The company offers software subscriptions and software development services. It also provides physical digimarc solutions for anti-counterfeiting, counterfeiting deterrence, product swap prevention, recycling, and secure gift cards; and digital digimarc solutions for internal compliance, leak detection, piracy prevention, provenance and authenticity, and royalty monitoring. The company's commercial solutions run on the Illuminate platform, a software as a service cloud-based platform for digital connectivity. The company serves various industries in retail, CPG, media and technology, pharmaceutical, health and wellness, apparel, and automotive industries, as well as central banks and other government customers. The company was formerly known as Digimarc Parent, Inc. and changed its name to Digimarc Corporation in May 2026. The company was incorporated in 2008 and is headquartered in Beaverton, Oregon.

Market & Price

Market Cap

$326.96M

Current Price

$14.70

High / Low (52W)

$15.02 / $4.36

Beta

1.88

Valuation

Stock P/E

Industry PE

32.74

Forward P/E

PEG Ratio

0.52

Book Value

$1.54

Price to Book

9.53

P/S

10.18

EV/EBITDA

-19.00

Dividend Yield

Profitability & Returns

ROCE

-73.94%

ROE

-65.52%

ROA

-27.16%

Profit Margin

-85.75%

Op Margin

-94.16%

EPS (Latest Qtr)

$-0.32

EPS (TTM)

$-1.26

Balance Sheet & Liquidity

Debt/Equity

0.15

Quick Ratio

1.67

Current Ratio

1.86

Debt

$5.00M

Total Assets

$52.96M

Current Assets

$21.34M

Working Capital

$12.99M

Ownership

Promoter Holding

29.69%

Chg in Prom Hold

FII / Inst Holding

62.32%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$320.83M

Total Revenue (TTM)

$32.12M

EBITDA

$-16.88M

Free Cash Flow

$3.38M

Operating Cash Flow

$-8.14M

Shares Outstanding

22.24M

Gross Margin

75.21%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

3.94%

Profit 5Y

15.32%

Revenue (YoY)

-19.10%

Earnings (YoY)

PROS

Profit CAGR of 15.3% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

RSI at 76 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	DMRC Digimarc Corporation R2K	14.70	-	$326.96M	-	-73.94%	-65.52%	3.94%	15.32%
2	NVDA NVIDIA Corporation NDXSPXAI	211.14	32.38	$5.11T	0.47%	81.14%	114.29%	100.05%	201.80%
3	AAPL Apple Inc. NDXSPX	312.06	37.73	$4.58T	0.35%	68.72%	141.47%	1.81%	3.92%
4	MSFT Microsoft Corporation NDXSPXAI	450.24	26.82	$3.34T	0.81%	26.37%	34.01%	12.42%	11.87%
5	TSM Taiwan Semiconductor Manufacturing Company Limited AI	418.45	35.86	$2.17T	0.91%	32.04%	36.21%	18.94%	19.57%
6	MU Micron Technology, Inc. NDXSPXAI	971.00	45.87	$1.10T	0.06%	14.20%	39.82%	6.71%	-0.57%
7	AMD Advanced Micro Devices, Inc. NDXSPXAI	516.10	172.61	$841.55B	-	6.33%	8.06%	13.64%	48.64%
8	ORCL Oracle Corporation SPXAI	225.78	40.46	$649.35B	0.89%	13.07%	57.57%	10.59%	22.81%
9	ASML ASML Holding N.V. NDXAI	1,612.76	53.76	$621.59B	0.54%	43.81%	52.24%	15.55%	19.55%

Quarterly Results

Figures in USD.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	9.37M	8.01M	7.63M	8.91M	7.58M
Cost of Revenue	-	-	3.28M	3.30M	3.18M	3.25M	3.04M
Gross Profit	-	-	6.08M	4.71M	4.45M	5.66M	4.54M
Operating Expenses	-	-	18.08M	13.13M	12.75M	9.92M	11.65M
Operating Income	-	-	-11.99M	-8.43M	-8.30M	-4.26M	-7.12M
EBITDA	-	-	-10.15M	-6.25M	-6.20M	-2.09M	-5.02M
Interest Expense	-	-	-	-	-	-	-
Pretax Income	-	-	-11.71M	-8.22M	-8.15M	-4.21M	-6.96M
Tax Provision	-	-	20.00K	4.00K	5.00K	2.00K	1.00K
Net Income	-	-	-11.73M	-8.22M	-8.15M	-4.21M	-6.97M
Diluted EPS	-	-	-0.55	-0.38	-0.38	-0.19	-0.32

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	30.20M	34.85M	38.42M	33.91M
Cost of Revenue	-	14.87M	14.69M	14.18M	13.02M
Gross Profit	-	15.32M	20.16M	24.24M	20.90M
Operating Expenses	-	74.96M	67.44M	65.00M	53.88M
Operating Income	-	-59.63M	-47.27M	-40.76M	-32.98M
EBITDA	-	-51.05M	-39.15M	-33.16M	-24.69M
Interest Expense	-	-	-	-	-
Pretax Income	-	-59.70M	-45.76M	-38.97M	-32.28M
Tax Provision	-	97.00K	204.00K	44.00K	31.00K
Net Income	-	-59.80M	-45.96M	-39.01M	-32.31M
Diluted EPS	-	-3.12	-2.26	-1.83	-1.49

Compounded Sales Growth

5 Years:	3.94%
1 Year:	-19.10%

Compounded Profit Growth

5 Years:	15.32%
1 Year:	-

Stock Price Performance

1 Year:	+12.39%
6 Months:	+87.50%
3 Months:	+233.33%
1 Month:	+106.17%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	113.78M	80.55M	75.77M	52.96M
Current Assets	-	64.14M	37.08M	39.33M	21.34M
Cash & Equivalents	-	33.60M	21.46M	12.37M	9.82M
Inventory	-	-	-	-	-
Receivables	-	5.43M	5.81M	6.41M	6.51M
Total Liabilities	-	16.19M	18.62M	14.41M	12.73M
Current Liabilities	-	10.13M	12.53M	9.14M	8.35M
Long Term Debt	-	-	-	-	-
Total Debt	-	5.98M	5.99M	5.99M	5.21M
Total Equity	-	97.59M	61.93M	61.36M	40.23M
Shares Outstanding	-	20.26M	20.38M	21.50M	21.90M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	-	-44.41M	-22.00M	-26.57M	-11.78M
Investing Cash Flow	-	3.76M	12.56M	-11.28M	12.10M
Financing Cash Flow	-	60.50M	-2.76M	28.77M	-2.91M
Capital Expenditure	-	-1.47M	-740.00K	-643.00K	-1.22M
Free Cash Flow	-	-45.88M	-22.73M	-27.21M	-13.00M
Net Change in Cash	-	19.85M	-12.19M	-9.09M	-2.60M

Ratios (Annual)

Figures in %.

Metric	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	50.7%	57.9%	63.1%	61.6%
Operating Margin %	-	-197.5%	-135.6%	-106.1%	-97.2%
Net Margin %	-	-198.0%	-131.9%	-101.5%	-95.3%
ROE %	-	-61.3%	-74.2%	-63.6%	-80.3%
ROCE %	-	-57.5%	-69.5%	-61.2%	-73.9%

Shareholding Pattern

Insiders

29.69%

Institutions

62.32%

Public Float

88.65%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Altai Capital Management, L.p.	12.45%	2.77M	$40.71M
2	Blackrock Inc.	4.81%	1.07M	$15.72M
3	Lagoda Investment Management, L.P.	4.78%	1.06M	$15.62M
4	Kimelman & Baird, Llc	3.77%	838.70K	$12.33M
5	Silverberg Bernstein Capital Management LLC	3.50%	779.25K	$11.46M
6	Vanguard Capital Management LLC	3.50%	778.25K	$11.44M
7	BBR Partners, LLC	2.33%	517.30K	$7.60M
8	Private Advisor Group, LLC	2.26%	502.00K	$7.38M
9	BeaconLight Capital, LLC	1.94%	431.77K	$6.35M
10	Geode Capital Management, LLC	1.92%	426.31K	$6.27M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for DMRC

No recent headlines available.

DMRC · Technology