Digimarc CORP(DMRC)Stock Analysis
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Rank #2,763 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
DMRC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Digimarc CORP (DMRC), a Technology sector company. 13F Pro's AI-powered ranking engine scores DMRC at 14.1/100 on a 32-signal composite quality model, placing it at rank #2,763 of 2,879 stocks — the bottom half of the AI-ranked universe. DMRC scores in the top quartile across institutional flow (76.8). Areas of concern include balance sheet strength (1.9) and profitability (7.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 5.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Digimarc CORP reports quarterly revenue of $7.6M, net income of $-7.0M, an operating margin of -94.2%. Top institutional holders of DMRC by reported 13-F value include BlackRock,, Lagoda Investment Management, L.P., Kimelman & Baird,, based on the most recent SEC filings. DMRC trades on the Nasdaq exchange and files with the SEC under CIK 1438231. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DMRC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Digimarc CORP directly from SEC EDGAR. Digimarc CORP's 13F Pro composite quality score has ranged between 14 and 25 since 2022, currently 14.1 — a stable long-term trajectory across 24 quarterly and live scoring snapshots.
Revenue
Q1 2026
$7.6M
Net Income
Q1 2026
$-7.0M
Free Cash Flow
Q1 2026
$-1.9M
Operating Margin
Q1 2026
-94.2%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-11.7% YoYNet Income
+17.2% YoYOperating Income
+19.7% YoYEPS (Diluted)
+18.6% YoYTotal Assets
-30.1% YoYTotal Debt
Op. Cash Flow
+55.7% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $33.9M -11.7% | $38.4M +10.2% | $34.9M +15.4% | $30.2M +13.9% | $26.5M +10.5% | $24.0M |
| Net Income | $-32.3M +17.2% | $-39.0M +15.1% | $-46.0M +23.1% | $-59.8M -72.0% | $-34.8M -6.8% | $-32.5M |
| Operating Income | $-33.2M +19.7% | $-41.3M +14.3% | $-48.2M +22.0% | $-61.8M -55.0% | $-39.9M -21.5% | $-32.8M |
| EPS (Diluted) | $-1.49 +18.6% | $-1.83 +19.0% | $-2.26 +27.6% | $-3.12 -47.9% | $-2.11 +38.1% | $-3.41 |
| Total Assets | $53.0M -30.1% | $75.8M -5.9% | $80.6M -29.2% | $113.8M +75.4% | $64.9M -33.1% | $97.0M |
| Total Debt | — | — | — | — | — | $5.0M |
| Operating Cash Flow | $-11.8M +55.7% | $-26.6M -20.8% | $-22.0M +50.5% | $-44.4M -70.0% | $-26.1M -31.0% | $-19.9M |
AI Insight: DMRC Financial Trends
Digimarc is burning cash and equity at an unsustainable pace, with no path to profitability visible in near-term quarters.
• Revenue contracted from $10M in Q2 2024 to $8M in Q1 2026, a 20% decline. Consistent sub-$10M run rate for eight consecutive quarters.
• Net losses narrowed from $12M in Q1 2025 to $4M in Q4 2025, then widened to $7M in Q1 2026. Progress stalled.
• Equity eroded 56% from $77M in Q2 2024 to $34M in Q1 2026. Only one quarter of positive operating cash flow (Q4 2025: $1M).
⚠ Operating cash flow turned negative again in Q1 2026 after single positive quarter in Q4 2025. Sustainability of turnaround unclear.
⚠ Equity base approaching critical depletion at current burn rate. Runway at Q1 2026 pace approximately 17 quarters absent capital raise.
AI Insight: DMRC Ratio Trends
Digimarc remains deeply unprofitable across all metrics, with Q4 2025 showing temporary improvement before deterioration resumed in Q1 2026.
• Operating margin swung from -128.9% in Q1 2025 to -48.2% in Q4 2025, then worsened to -94.2% in Q1 2026.
• All return metrics remain sharply negative: Q1 2026 ROE -81.8%, ROA -57.4%, ROIC -83.8%.
⚠ Q4 2025 showed marked margin improvement but collapsed in Q1 2026, suggesting temporary benefit rather than sustained recovery.
⚠ No positive profitability quarter in dataset; TTM margins remain severely negative at -87.8% OpMargin, -85.8% NPM.
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Available Research
13F Pro tracks comprehensive data for Digimarc CORP including:
Top Institutional Holders of DMRC
BlackRock, Inc.
$5.3M1,069,372 shLagoda Investment Management, L.P.
$5.2M1,062,800 shKimelman & Baird, LLC
$4.1M838,695 shSilverberg Bernstein Capital Management LLC
$3.8M779,255 shVANGUARD CAPITAL MANAGEMENT LLC
$3.8M778,255 shEverSource Wealth Advisors, LLC
$3.5M62,517 shBBR PARTNERS, LLC
$2.5M517,299 shPrivate Advisor Group, LLC
$2.5M502,001 shBEACONLIGHT CAPITAL, LLC
$2.1M431,772 shGEODE CAPITAL MANAGEMENT, LLC
$2.1M426,311 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $5.3M | 1,069,372 |
| Lagoda Investment Management, L.P. | $5.2M | 1,062,800 |
| Kimelman & Baird, LLC | $4.1M | 838,695 |
| Silverberg Bernstein Capital Management LLC | $3.8M | 779,255 |
| VANGUARD CAPITAL MANAGEMENT LLC | $3.8M | 778,255 |
| EverSource Wealth Advisors, LLC | $3.5M | 62,517 |
| BBR PARTNERS, LLC | $2.5M | 517,299 |
| Private Advisor Group, LLC | $2.5M | 502,001 |
| BEACONLIGHT CAPITAL, LLC | $2.1M | 431,772 |
| GEODE CAPITAL MANAGEMENT, LLC | $2.1M | 426,311 |
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Popular Research
Is DMRC a good stock to buy?
13F Pro's AI-powered analysis of Digimarc CORP (DMRC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DMRC are available on the DMRC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own DMRC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DMRC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Digimarc CORP's investment landscape.