DMRC
Digimarc Corporation
NasdaqGSUSDEQUITY
Technology
DELAYED
Last price
6.46
▼ 0.16 (2.45%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
6.62
Prev close
6.62
Day high
6.68
Day low
6.02
Volume
98.17K
Market cap
$138.22M
P/E (TTM)
—
52W range
4.07 – 17.47
Day trading desk
Gap from prior close
0.00%
Prior close 6.62
VWAP
6.20
+4.20% from price
Relative volume
0.47×
Quiet session
Session range
13.99%
5.86 – 6.68
Position in range
73%
Near session high
ATR (14D)
0.73
11.33% of price
Prior day high
6.98
PDH
Prior day low
6.55
PDL
Bid / ask spread
—
Quote not published
Session volume
90.10K
Avg 190.30K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-18.33%
-17.0%
1M
+4.41%
+0.7%
3M
-54.48%
-57.6%
6M
+26.80%
+15.7%
YTD
-6.25%
-18.5%
1Y
-24.45%
-44.4%
3Y
-82.22%
-156.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on DMRC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+2.48M
Net buying
Buy transactions
217
3.09M shares
Sell transactions
56
616.30K shares
Net transactions
+273
Buys less sells
Sell : buy shares
0.2 : 1
Mixed
Insider-held shares
4.42M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | SICKLES KEN Officer |
STOCK | 2.27K | $17.08K | Direct |
| Aug 14, 26 | QUINN CARLE ANN Chief Operating Officer |
STOCK | 2.62K | $19.71K | Direct |
| Aug 14, 26 | BECK CHARLES Chief Financial Officer |
STOCK | 2.62K | $19.71K | Direct |
| Aug 14, 26 | RODRIGUEZ TONY Chief Technology Officer |
STOCK | 2.27K | $17.08K | Direct |
| Jul 2, 26 | MCCORMACK RILEY Chief Executive Officer |
STOCK | 64.15K | $0 | Direct |
| Jul 1, 26 | ANDERSON-WILLIAMS LASHONDA Director |
STOCK | 988 | $8.12K | Direct |
| Jul 1, 26 | PARK MICHAEL Director |
STOCK | 760 | $6.25K | Direct |
| Jul 1, 26 | MCILWAIN DANA Director |
STOCK | 988 | $8.12K | Direct |
| Jul 1, 26 | DADLANI SANDEEP Director |
STOCK | 1.52K | $12.49K | Direct |
| Jun 18, 26 | MCCORMACK RILEY Chief Executive Officer |
SELL | 114.95K | $1.20M | Indirect |
| Jun 15, 26 | QUINN CARLE ANN Chief Operating Officer |
STOCK | 3.13K | $35.42K | Direct |
| Jun 15, 26 | BECK CHARLES Chief Financial Officer |
STOCK | 2.77K | $31.35K | Direct |
| Jun 1, 26 | QUINN CARLE ANN Chief Operating Officer |
STOCK | 11.99K | $197.01K | Direct |
| Jun 1, 26 | RODRIGUEZ TONY Chief Technology Officer |
STOCK | 10.39K | $170.76K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ANDERSON-WILLIAMS LASHONDA |
Director | 41.95K | Stock Award(Grant) |
BAJAJ RISHI |
Director and Beneficial Owner of more than 10% of a Class of Security | 2.81M | Stock Award(Grant) |
BECK CHARLES |
Chief Financial Officer | 119.71K | Stock Award(Grant) |
DADLANI SANDEEP |
Director | 57.89K | Stock Award(Grant) |
KARAMANOS GEORGE |
Officer | 44.54K | Stock Award(Grant) |
KOOL KATHLEEN |
Director | 46.34K | Stock Award(Grant) |
MCCORMACK RILEY |
Chief Executive Officer | 128.81K | Stock Award(Grant) |
QUINN CARLE ANN |
Chief Operating Officer | 177.55K | Stock Award(Grant) |
RODRIGUEZ TONY |
Chief Technology Officer | 99.30K | Stock Award(Grant) |
SICKLES KEN |
Officer | 72.51K | Stock Award(Grant) |
Fundamentals
Market cap$138.22M
Enterprise value$133.66M
Revenue (TTM)$31.50M
Gross profit$23.75M
EBITDA$-24.16M
Net income$-31.44M
EPS (TTM)$-1.42
Free cash flow$7.02M
Total cash$8.76M
Total debt$4.78M
Book value / share$1.31
Shares outstanding22.48M
Float16.42M
Short % of float24.12%
Dividend yield—
Beta (5Y)2.30
Valuation & profitability ratios
Trailing P/E—
Forward P/E-17.57
PEG ratio0.52
Price / sales—
Price / book4.68
EV / revenue4.24
EV / EBITDA-5.53
Gross margin75.39%
Operating margin-167.35%
Profit margin-99.80%
Return on equity-82.86%
Return on assets-37.68%
Debt / equity16.23
Current ratio1.43
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $33.91M | $38.42M | $34.85M | $30.20M | -11.7% |
| Operating revenue | $33.91M | $38.42M | $34.85M | $30.20M | -11.7% |
| Cost of revenue | $13.02M | $14.18M | $14.69M | $14.87M | -8.2% |
| Gross profit | $20.90M | $24.24M | $20.16M | $15.32M | -13.8% |
| Research & development | $20.48M | $26.21M | $26.58M | $26.49M | -21.9% |
| Selling, general & admin | $32.44M | $38.24M | $40.48M | $48.66M | -15.2% |
| Total operating expense | $53.88M | $65.00M | $67.44M | $74.96M | -17.1% |
| Operating income | -$32.98M | -$40.76M | -$47.27M | -$59.63M | +19.1% |
| Net interest income | $681.00K | $1.82M | $1.68M | $744.00K | -62.5% |
| Pre-tax income | -$32.28M | -$38.97M | -$45.76M | -$59.70M | +17.2% |
| Tax provision | $31.00K | $44.00K | $204.00K | $97.00K | -29.5% |
| Net income | -$32.31M | -$39.01M | -$45.96M | -$59.80M | +17.2% |
| Net income to common | -$32.31M | -$39.01M | -$45.96M | -$59.80M | +17.2% |
| Basic EPS | -1.49 | -1.83 | -2.26 | -3.12 | +18.6% |
| Diluted EPS | -1.49 | -1.83 | -2.26 | -3.12 | +18.6% |
| EBIT | -$32.98M | -$40.76M | -$47.27M | -$59.63M | +19.1% |
| EBITDA | -$24.69M | -$33.16M | -$39.15M | -$51.05M | +25.5% |
| Basic shares | 21.66M | 21.26M | 20.32M | 19.14M | +1.9% |
| Diluted shares | 21.66M | 21.26M | 20.32M | 19.14M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $9.82M | $12.37M | $21.46M | $33.60M | -20.6% |
| Cash & short-term investments | $12.87M | $28.73M | $27.18M | $52.54M | -55.2% |
| Accounts receivable | $6.51M | $6.41M | $5.81M | $5.43M | +1.6% |
| Total current assets | $21.34M | $39.33M | $37.08M | $64.14M | -45.7% |
| Property, plant & equipment | $4.34M | $4.70M | $5.59M | $7.11M | -7.6% |
| Goodwill & intangibles | $26.10M | $30.72M | $37.10M | $41.40M | -15.0% |
| Total assets | $52.96M | $75.77M | $80.55M | $113.78M | -30.1% |
| Total current liabilities | $8.35M | $9.14M | $12.53M | $10.13M | -8.6% |
| Total debt | $5.21M | $5.99M | $5.99M | $5.98M | -13.0% |
| Total liabilities | $12.73M | $14.41M | $18.63M | $16.19M | -11.6% |
| Retained earnings | -$383.09M | -$350.78M | -$311.77M | -$265.81M | -9.2% |
| Shareholder equity | $40.23M | $61.36M | $61.93M | $97.59M | -34.4% |
| Working capital | $12.99M | $30.19M | $24.55M | $54.01M | -57.0% |
| Net tangible assets | $14.13M | $30.64M | $24.83M | $56.19M | -53.9% |
| Shares issued | 21.90M | 21.50M | 20.38M | 20.26M | +1.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$32.31M | -$39.01M | -$45.96M | -$59.80M | +17.2% |
| Depreciation & amortisation | $8.29M | $7.59M | $8.13M | $8.58M | +9.2% |
| Stock-based compensation | $11.97M | $10.03M | $11.16M | $11.29M | +19.3% |
| Change in working capital | -$293.00K | -$5.20M | $4.41M | -$5.48M | +94.4% |
| Operating cash flow | -$11.78M | -$26.57M | -$22.00M | -$44.41M | +55.7% |
| Capital expenditure | -$1.22M | -$643.00K | -$740.00K | -$1.47M | -90.4% |
| Investing cash flow | $12.10M | -$11.28M | $12.56M | $3.76M | +207.2% |
| Share buybacks | -$2.88M | -$3.42M | -$2.72M | -$2.36M | +15.7% |
| Financing cash flow | -$2.91M | $28.77M | -$2.76M | $60.50M | -110.1% |
| Free cash flow | -$13.00M | -$27.21M | -$22.73M | -$45.88M | +52.2% |
| End cash position | $9.82M | $12.37M | $21.46M | $33.60M | -20.6% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $7.58M | $8.91M | $7.63M | $8.01M | $9.37M | -14.9% |
| Operating revenue | $7.58M | $8.91M | $7.63M | $8.01M | $9.37M | -14.9% |
| Cost of revenue | $3.04M | $3.25M | $3.18M | $3.30M | $3.28M | -6.4% |
| Gross profit | $4.54M | $5.66M | $4.45M | $4.71M | $6.08M | -19.8% |
| Research & development | $3.75M | $4.00M | $4.32M | $4.54M | $7.63M | -6.3% |
| Selling, general & admin | $7.64M | $5.67M | $8.21M | $8.31M | $10.26M | +34.7% |
| Total operating expense | $11.65M | $9.92M | $12.75M | $13.13M | $18.08M | +17.5% |
| Operating income | -$7.12M | -$4.26M | -$8.30M | -$8.43M | -$11.99M | -67.1% |
| Net interest income | $101.00K | $114.00K | $135.00K | — | $254.00K | -11.4% |
| Pre-tax income | -$6.96M | -$4.21M | -$8.15M | -$8.22M | -$11.71M | -65.6% |
| Tax provision | $1.00K | $2.00K | $5.00K | $4.00K | $20.00K | -50.0% |
| Net income | -$6.97M | -$4.21M | -$8.15M | -$8.22M | -$11.73M | -65.6% |
| Net income to common | -$6.97M | -$4.21M | -$8.15M | -$8.22M | -$11.73M | -65.6% |
| Basic EPS | -0.32 | -0.19 | -0.38 | -0.38 | -0.55 | -68.4% |
| Diluted EPS | -0.32 | -0.19 | -0.38 | -0.38 | -0.55 | -68.4% |
| EBIT | -$7.12M | -$4.26M | -$8.30M | -$8.43M | -$11.99M | -67.1% |
| EBITDA | -$5.02M | -$2.09M | -$6.20M | -$6.25M | -$10.15M | -140.3% |
| Basic shares | 22.01M | 21.81M | 21.71M | 21.61M | 21.52M | +0.9% |
| Diluted shares | 22.01M | 21.81M | 21.71M | 21.61M | 21.52M | +0.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.82M | $9.82M | $9.10M | $10.11M | $8.90M | -10.2% |
| Cash & short-term investments | $9.96M | $12.87M | $12.56M | $16.09M | $21.57M | -22.6% |
| Accounts receivable | $7.09M | $6.51M | $6.32M | $6.36M | $6.47M | +8.9% |
| Total current assets | $19.04M | $21.34M | $21.76M | $25.11M | $30.92M | -10.8% |
| Property, plant & equipment | $4.11M | $4.34M | $4.58M | $4.50M | $4.47M | -5.3% |
| Goodwill & intangibles | $24.17M | $26.10M | $27.82M | $29.80M | $29.92M | -7.4% |
| Total assets | $48.51M | $52.96M | $55.44M | $60.75M | $66.52M | -8.4% |
| Total current liabilities | $10.23M | $8.35M | $9.44M | $9.43M | $11.44M | +22.5% |
| Total debt | $5.00M | $5.21M | $5.42M | $5.62M | $5.00M | -4.0% |
| Total liabilities | $14.44M | $12.73M | $14.05M | $14.26M | $16.50M | +13.5% |
| Retained earnings | -$390.05M | -$383.09M | -$378.88M | -$370.73M | -$362.51M | -1.8% |
| Shareholder equity | $34.07M | $40.23M | $41.39M | $46.48M | $50.02M | -15.3% |
| Working capital | $8.81M | $12.99M | $12.32M | $15.69M | $19.48M | -32.2% |
| Net tangible assets | $9.90M | $14.13M | $13.56M | $16.68M | $20.10M | -29.9% |
| Shares issued | 22.14M | 21.90M | 21.75M | 21.66M | 21.55M | +1.1% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$6.97M | -$4.21M | -$8.15M | -$8.22M | -$11.73M | -65.6% |
| Depreciation & amortisation | $2.10M | $2.17M | $2.10M | $2.18M | $1.84M | -3.4% |
| Stock-based compensation | $2.01M | $3.07M | $3.87M | $3.77M | $1.26M | -34.6% |
| Change in working capital | $993.00K | $73.00K | -$780.00K | -$2.73M | $3.14M | +1,260.3% |
| Operating cash flow | -$1.85M | $991.00K | -$2.60M | -$4.69M | -$5.49M | -286.4% |
| Capital expenditure | -$121.00K | -$285.00K | -$478.00K | -$318.00K | -$143.00K | +57.5% |
| Investing cash flow | $1.78M | $130.00K | $2.04M | $6.37M | $3.56M | +1,269.2% |
| Share buybacks | -$885.00K | -$412.00K | -$419.00K | -$503.00K | -$1.54M | -114.8% |
| Financing cash flow | -$888.00K | -$413.00K | -$432.00K | -$506.00K | -$1.56M | -115.0% |
| Free cash flow | -$1.97M | $706.00K | -$3.07M | -$5.01M | -$5.63M | -378.8% |
| End cash position | $8.82M | $9.82M | $9.10M | $10.11M | $8.90M | -10.2% |
Options analytics
Put / call volume
4.23
Put-heavy session
Put / call open interest
0.12
Positioning, not flow
Max pain
7.50
+22.0% from spot
ATM implied vol
171.5%
Nearest strike to spot
Skew (10% OTM)
-45.7%
Calls bid over puts
Call volume
123
Contracts, this expiry
Put volume
520
Contracts, this expiry
Heaviest call OI
10.00
1.45K contracts
Heaviest put OI
7.50
134 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.10 | -0.08 | +15.8% |
| Mar 2026 | -0.15 | — | — |
| Dec 2025 | -0.02 | 0.05 | +433.3% |
| Sep 2025 | -0.06 | -0.10 | -66.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.13 | 2 | $6.23M | -18.3% |
| Next quarter | -0.13 | 2 | $6.48M | -27.3% |
| Current year | -0.41 | 2 | $27.68M | -18.4% |
| Next year | -0.35 | 2 | $29.33M | +6.0% |
Analyst targets & ownership
Mean target$11.50
High target$15.00
Low target$8.00
Implied upside78.09%
Analyst count2
ConsensusBUY
Strong buy / Buy1 / 0
Hold1
Sell / Strong sell0 / 0
Held by insiders19.77%
Held by institutions65.22%
Institutions holding141
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
7.08
-8.84% from price
SMA 20
7.03
-12.48% from price
SMA 50
7.47
-17.64% from price
SMA 100
8.42
-23.29% from price
SMA 200
7.46
-17.61% from price
EMA 12
6.93
-6.84% from price
EMA 26
7.11
-9.21% from price
EMA 50
7.55
-14.45% from price
RSI (14)
38.6
Neutral
MACD (12,26,9)
-0.18
Hist -0.04
ATR (14)
0.73
11.89% of price
Realised vol 30D
76.1%
Annualised
Bollinger upper
8.10
20, 2σ
Bollinger lower
5.95
20, 2σ
50 / 200 cross
Golden
7.47 vs 7.46
Trend bias
Below 200
-17.61%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
2.50
More volatile than market
Correlation to SPY
0.36
Loosely linked
Realised vol 30D
76.1%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-64.2%
Peak to trough
Max drawdown 5Y
-91.8%
Peak to trough
ATR 14
0.73
11.89% of price
Beta (reported)
2.30
5Y monthly, from filing
Short interest
Shares short
2.25M
Prior 2.08M
Change vs prior
+8.1%
Shorts adding
% of float
24.12%
Heavily shorted
% of shares out
10.02%
Against total outstanding
Days to cover
15.0
Crowded exit
Float
16.42M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 14, 26 | Needham | MAINTAINED | Buy | Buy |
| Mar 16, 26 | Needham | MAINTAINED | Buy | Buy |
| Oct 31, 25 | Needham | MAINTAINED | Buy | Buy |
| Feb 27, 25 | Needham | MAINTAINED | Buy | Buy |
| Nov 15, 24 | Needham | MAINTAINED | Buy | Buy |
| Aug 14, 24 | Needham | MAINTAINED | Buy | Buy |
| Jun 24, 24 | Needham | UPGRADE | Hold | Buy |
| May 6, 24 | Needham | MAINTAINED | — | Hold |
| May 3, 24 | Craig-Hallum | MAINTAINED | Hold | Hold |
| May 11, 23 | Craig-Hallum | MAINTAINED | — | Hold |
| Sep 12, 19 | Northland Capital Markets | INITIATED | — | Outperform |
| May 30, 19 | Needham | DOWNGRADE | Buy | Hold |
SEC filings
Periodic Financial Reports
10-Q · 2026-08-14
Corporate Changes & Voting Matters
8-K · 2026-08-13
Corporate Changes & Voting Matters
8-K · 2026-08-12
Offering Registrations
S-3 · 2026-07-07
Corporate Changes & Voting Matters
8-K · 2026-07-06
Post-effective amendment to a registration statement that is not immediately effective upon filing
POS AM · 2026-05-18
Periodic Financial Reports
10-Q · 2026-05-13
Corporate Changes & Voting Matters
8-K · 2026-05-12
Headlines
Digimarc (DMRC) Q2 2026 Earnings Call Transcript
Motley Fool · 3d ago
Digimarc Corporation Q2 2026 Earnings Call Summary
Moby · 9d ago
Digimarc Q2 Earnings Call Highlights
MarketBeat · 10d ago
Digimarc Fiscal Q2 Non-GAAP Loss Narrows, Revenue Falls
MT Newswires · 10d ago
Digimarc: Q2 Earnings Snapshot
Associated Press · 10d ago
Digimarc Reports Second Quarter 2026 Financial Results
Business Wire · 10d ago
Digimarc Appoints Enterprise Software Executive Ron Thomas as Chief Revenue Officer
Business Wire · 20d ago
Digimarc Sets Second Quarter 2026 Conference Call for Thursday, August 13
Business Wire · 27d ago
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