Digimarc's Q2 2025 results reflected contract expirations that reduced revenue, but operational improvements led to significantly reduced expenses and a smaller non-GAAP net loss. Cash burn also improved, though total assets declined.
Digimarc reported first quarter 2025 financial results, with total revenue decreasing to $9.4 million from $9.9 million in the prior year. Despite the revenue dip, the company saw an increase in gross profit margin to 65% from 63%. Net loss for the quarter was $11.7 million, or ($0.55) per share.
Digimarc's Q4 2024 results showed a decrease in total revenue to $8.7 million from $9.3 million in Q4 2023. The company reported a net loss of $8.6 million, an improvement from $10.6 million in the prior year. Digimarc is prioritizing authentication use cases and aims for positive non-GAAP net income by Q4 2025 and positive free cash flow by fiscal year 2026.
Digimarc Corporation reported an increase in total revenue to $9.4 million, compared to $9.0 million for the third quarter of 2023. Subscription revenue increased, while service revenue remained flat. The net loss was $10.8 million, or ($0.50) per share.
Digimarc Corporation reported an increase in total revenue to $10.4 million for Q2 2024, compared to $8.7 million for Q2 2023. The company's annual recurring revenue increased by 44%. Net loss decreased to $9.3 million, or ($0.43) per share, compared to $10.6 million, or ($0.53) per share, for the same quarter last year.
Digimarc reported a strong first quarter with an 85% increase in quarter-ending Annual Recurring Revenue (ARR), a 52% growth in commercial subscription revenue, and an expansion of subscription gross profit margin by 7.5 percentage points to 87.0%.
Digimarc Corporation reported a strong fourth quarter with a 71% increase in ARR growth, a 37% increase in subscription revenue growth, and an expansion of subscription gross profit margins to 87%. Total revenue increased to $9.3 million, and the net loss was $10.6 million, or ($0.52) per share.
Digimarc Corporation reported a 54% year-over-year increase in Annual Recurring Revenue (ARR) and a 1,000 basis point year-over-year increase in subscription gross profit margin for Q3 2023. Total revenue increased to $9.0 million, and the company experienced a net loss of $10.7 million, or $(0.53) per share.
Digimarc reported a 13% increase in total revenue, driven by a 44% increase in subscription revenue. The company's subscription gross profit margin reached 84%. Net loss decreased compared to the same quarter last year.
Digimarc reported a 6% increase in total revenue to $7.8 million for Q1 2023, alongside a 27% increase in gross profit to $4.2 million. The company also reduced operating expenses by 11% and net loss improved to $14.0 million, or $(0.70) per share.
Digimarc Corporation reported a 1% increase in total revenue for the fourth quarter of 2022, reaching $7.2 million. Subscription revenue increased by 13%, while service revenue decreased by 11%. The net loss for the quarter was $12.4 million, or $(0.62) per common share.
Digimarc's third quarter 2022 revenue increased by 22% to $7.8 million compared to $6.4 million in the third quarter of 2021. The net loss for the quarter was $14.9 million, or $(0.76) loss per common share, compared to a net loss of $2.9 million, or $(0.17) loss per common share, in the third quarter of 2021.
Digimarc reported a 23% increase in revenue for Q2 2022, driven by subscription and service revenue, including contributions from the EVRYTHNG acquisition and HolyGrail 2.0 projects. However, gross profit decreased due to amortization expenses, while the net loss per share improved compared to the same period last year.
Digimarc Corporation reported an 11% increase in revenue for the first quarter of 2022, reaching $7.4 million. This growth includes $1.5 million from the EVRYTHNG acquisition. However, the company experienced a net loss of $17.8 million, or $(1.03) per common share, compared to a net loss of $8.2 million, or $(0.50) per common share, in the first quarter of 2021.
Digimarc Corporation reported a 28% increase in revenue for the fourth quarter of 2021 to $7.1 million, driven by higher subscription and service revenue. However, the operating loss also increased by 5% to $8.2 million due to higher operating expenses. Net loss for the quarter was $8.2 million, or $(0.50) per common share, compared to a net loss of $7.8 million, or $(1.27) per common share, in the fourth quarter of 2020.
Digimarc Corporation reported a 12% increase in revenue for Q3 2021, reaching $6.4 million compared to $5.8 million in Q3 2020. The company's net loss decreased to $2.9 million, or $(0.17) per diluted share, compared to a net loss of $8.4 million, or $(0.68) per diluted share in the same quarter the previous year. The results reflect higher revenue from Commercial and Government services and include a $5.1 million gain from the forgiveness of their Paycheck Protection Program loan.
Digimarc's revenue for Q2 2021 decreased by three percent to $6.3 million compared to $6.5 million in Q2 2020. The operating loss increased by 105% to $15.4 million, and the net loss increased by 107% to $15.4 million or $(0.94) per diluted share.
Digimarc Corporation reported an 8% increase in revenue for Q1 2021, reaching $6.7 million, driven by subscription revenue growth. The company's operating loss decreased by 9% due to higher revenue and lower operating expenses. Net loss also decreased by 8% compared to the same quarter last year.
Digimarc Corporation reported a 4% increase in revenue for the fourth quarter of 2020, reaching $5.6 million. The operating loss decreased by 12% to $7.8 million, and the net loss decreased by 10% to $7.8 million. GAAP loss per common share was $(1.27), while non-GAAP loss per common share was $(0.51).
Digimarc reported third quarter 2020 financial results with revenue of $5.8 million, unchanged from the third quarter of 2019. The company experienced an increased operating loss of $8.4 million and a net loss of $8.4 million, primarily due to non-recurring severance costs. TCM|Strategic Partners invested $53.5 million in Digimarc, with $36.5 million received before the quarter ended, boosting cash reserves.
Digimarc reported a 5% increase in revenue to $6.5 million compared to Q2 2019, driven by growth in service revenue from Government and Retail customers. Operating expenses decreased by 2%, leading to an 8% reduction in operating loss to $7.5 million. Net loss also decreased by 6% to $7.5 million, or $(0.62) per diluted share.
Digimarc reported a 9% increase in revenue for Q1 2020, reaching $6.2 million compared to $5.7 million in Q1 2019. However, operating expenses also increased by 7%, resulting in a higher operating loss of $9.1 million and a net loss of $8.9 million, or $(0.74) per diluted share.