Digimarc Corporation (DMRC) Stock

Digimarc Corporation (DMRC) is a Technology stock trading at $6.58 (as of 2026-08-20), with a market capitalization of $134.22M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Digimarc Corporation develops automatic identification and verification technologies, including a digital watermarking/data carrier for media objects and software that recognizes, decodes, and inspects those identifiers. Its offerings are used by commercial and government customers for applications such as authentication, product tracking, recycling sorting, manufacturing quality control, and content/media management.

Understand Digimarc Corporation: how it makes money

Digimarc provides automatic identification solutions, including Digimarc watermarks and software that helps devices recognize, decode, inspect, and verify digital identities in media objects, sold to commercial and government customers, with revenue reported in service and subscription forms.

Profitability appears highly dependent on turning deployment and contract activity into recognized service and subscription revenue, because the latest quarter shows 0.0B of revenue alongside a very negative operating margin.

Revenue by segment (latest quarter)
Gov$0.0B
Comm$0.0B

Business quality (Weak): Latest-quarter reporting shows 0.0B revenue, and multiple segment and revenue-line candidates are also 0.0B, which limits confidence in interpreting mix and trends from financials alone.

Bull case

  • Gross margin is reported at 59.9%: If revenue scales from current contract and deployment activity, gross profitability could be a foundation for better operating results.
  • Contract and rollout activity signals continued commercial progress: Remaining Contract Value (Walmart) is reported at 0.01B, and the company also reports North American retail rollout plans count of 15.0 and additional operations in sixth-country expansion count of 175.0.

Bear case

  • Revenue is reported at 0.0B in the latest quarter: With reported revenue at 0.0B, there is little visible top-line contribution to support operating expenses.
  • Operating losses are very large: Operating margin is reported at -94.2%, which indicates the company is not converting its activities into operating profit in the latest quarter.
  • Subscription-related revenue lines are reported as 0.0B: Several subscription and service-related candidates are 0.0B (for example, Subscription Revenue, Service Revenue, and Subscription Revenue from Walmart Contract), which may suggest delayed recognition or limited monetization in the period.
Valuation — source: SEC EDGAR (first-party)
Price$6.58
Market Cap$134.22M
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$33.91M
Net Margin-95.3%
Revenue Growth (YoY)-19.1%
EPS Growth (YoY)-41.8%
FCF Growth (YoY)-65.9%
Financial Health — source: SEC EDGAR
Altman Z-Score-4.93 (distress)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Computers)32.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAltai Capital Management, L.P. ($13.60M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryComputers
CEORiley Young McCormack
Employees215
CountryUS
IPO Date1999-12-02

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DMRC earnings history · DMRC institutional & insider holders · DMRC KPIs & operating metrics · DMRC financials · DMRC investor presentations & press releases · DMRC SEC filings · DMRC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.