Digimarc Corporation (DMRC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 7.58M | 8.91M | 7.63M | 8.01M | 9.37M | 8.66M | 9.44M | 10.38M | 9.94M | 9.28M | 8.99M | 8.73M | 7.84M | 7.22M | 7.82M | 7.75M | 7.41M | 7.13M | 6.42M | 6.28M |
| Revenue Growth % | -19.1% | 2.89% | -19.23% | -22.82% | -5.74% | -6.74% | 4.99% | 18.89% | 26.71% | 28.62% | 15% | 12.69% | 5.83% | 1.31% | 21.88% | 23.4% | 10.61% | 28.31% | 11.58% | -3.37% |
| Cost of Goods Sold | 3.33M | 3.25M | 3.18M | 3.3M | 3.28M | 3.39M | 3.55M | 3.52M | 3.73M | 3.86M | 3.77M | 2.74M | 2.51M | 2.32M | 2.61M | 3.75M | 2.87M | 2.17M | 2.2M | 2.05M |
| COGS % of Revenue | 43.95% | 36.48% | 41.71% | 41.24% | 35.04% | 39.17% | 37.55% | 33.88% | 37.49% | 41.58% | 41.93% | 31.37% | 32% | 32.2% | 33.35% | 48.41% | 38.77% | 30.46% | 34.24% | 32.64% |
| Gross Profit | 4.25M | 5.66M | 4.45M | 4.71M | 6.08M | 5.27M | 5.9M | 6.86M | 6.21M | 5.42M | 5.22M | 5.99M | 5.33M | 4.89M | 5.21M | 4M | 4.54M | 4.96M | 4.22M | 4.23M |
| Gross Margin % | 56.05% | 63.52% | 58.29% | 58.76% | 64.96% | 60.83% | 62.45% | 66.12% | 62.51% | 58.42% | 58.07% | 68.63% | 68% | 67.8% | 66.65% | 51.59% | 61.23% | 69.54% | 65.76% | 67.36% |
| Gross Profit Growth % | -30.19% | 7.42% | -24.61% | -31.41% | -2.04% | -2.89% | 12.9% | 14.56% | 16.48% | 10.83% | 0.19% | 49.89% | 17.52% | -1.23% | 23.53% | -5.49% | 4.59% | 28.43% | 10.38% | -3.54% |
| Operating Expenses | 11.38M | 9.92M | 11.96M | 13.13M | 18.16M | 14.37M | 17.27M | 16.84M | 17.07M | 16.44M | 16.38M | 17.26M | 20.1M | 18.21M | 20.74M | 18.95M | 22.55M | 13.2M | 12.18M | 19.66M |
| OpEx % of Revenue | 150.2% | 111.33% | 156.85% | 163.96% | 193.89% | 165.93% | 182.84% | 162.3% | 171.75% | 177.08% | 182.11% | 197.7% | 256.28% | 252.3% | 265.18% | 244.56% | 304.33% | 185.31% | 189.75% | 313.24% |
| Selling, General & Admin | 7.64M | 5.67M | 8.21M | 8.31M | 10.26M | 7.76M | 10.5M | 9.93M | 10.06M | 10.3M | 9.8M | 9.46M | 10.13M | 9.93M | 11.82M | 12.56M | 14.35M | 8.59M | 7.59M | 15.45M |
| SG&A % of Revenue | 100.77% | 63.64% | 107.6% | 103.73% | 109.51% | 89.58% | 111.17% | 95.67% | 101.19% | 110.92% | 108.95% | 108.34% | 129.1% | 137.63% | 151.08% | 162.13% | 193.67% | 120.58% | 118.28% | 246.13% |
| Research & Development | 3.75M | 4M | 4.32M | 4.54M | 7.63M | 6.34M | 6.49M | 6.64M | 6.74M | 6.28M | 6.31M | 6.16M | 7.83M | 6.76M | 7.58M | 6.07M | 6.09M | 4.61M | 4.59M | 4.21M |
| R&D % of Revenue | 49.44% | 44.87% | 56.58% | 56.63% | 81.49% | 73.18% | 68.71% | 64.01% | 67.83% | 67.66% | 70.14% | 70.57% | 99.78% | 93.64% | 96.85% | 78.29% | 82.19% | 64.73% | 71.47% | 67.11% |
| Other Operating Expenses | 0 | 251K | -559K | 288K | 271K | 274K | 280K | 271K | 272K | -140K | 272K | 1000K | 1000K | 1000K | 1000K | 321K | 1000K | 3K | 0 | 18K |
| Operating Income | -7.14M | -4.26M | -7.52M | -8.43M | -12.08M | -9.1M | -11.37M | -9.98M | -10.86M | -11.02M | -11.16M | -11.27M | -14.77M | -13.32M | -15.53M | -14.95M | -18.02M | -8.25M | -7.96M | -15.44M |
| Operating Margin % | -94.15% | -47.81% | -98.56% | -105.19% | -128.94% | -105.09% | -120.4% | -96.17% | -109.25% | -118.66% | -124.04% | -129.07% | -188.28% | -184.5% | -198.53% | -192.97% | -243.1% | -115.76% | -123.98% | -245.87% |
| Operating Income Growth % | 40.92% | 53.19% | 33.88% | 15.59% | -11.26% | 17.4% | -1.91% | 11.41% | 26.48% | 17.28% | 28.15% | 24.62% | 18.03% | -61.46% | -95.16% | 3.16% | -119.01% | -5.28% | 5.13% | -104.78% |
| EBITDA | -5.04M | -2.09M | -6.85M | -6.25M | -10.24M | -7.26M | -9.51M | -8.21M | -8.98M | -9.08M | -9.06M | -9.46M | -12.81M | -11.56M | -13.71M | -12.76M | -15.92M | -7.75M | -7.32M | -14.79M |
| EBITDA Margin % | -66.5% | -23.46% | -89.77% | -77.98% | -109.3% | -83.81% | -100.72% | -79.14% | -90.37% | -97.8% | -100.74% | -108.4% | -163.29% | -160.13% | -175.34% | -164.66% | -214.8% | -108.76% | -114.04% | -235.62% |
| EBITDA Growth % | 50.78% | 71.2% | 28.01% | 23.96% | -14.01% | 20.09% | -4.97% | 13.2% | 29.87% | 21.44% | 33.92% | 25.82% | 19.55% | -49.15% | -87.39% | 13.76% | -110.35% | -14.19% | 6.63% | -116.86% |
| D&A (Non-Cash Add-back) | 2.1M | 2.17M | 670K | 2.18M | 1.84M | 1.84M | 1.86M | 1.77M | 1.88M | 1.94M | 2.1M | 1.8M | 1.96M | 1.76M | 1.81M | 2.19M | 2.1M | 499K | 638K | 644K |
| EBIT | -7.14M | -4.26M | -8.15M | -8.43M | -12.08M | -8.63M | -10.75M | -9.98M | -10.86M | -11.02M | -11.16M | -11.02M | -12.87M | -12.98M | -15.53M | -14.95M | -17.44M | -8.25M | -7.96M | -15.44M |
| Net Interest Income | 0 | 114K | 432K | 178K | 254K | 347K | 0 | 0 | 0 | 1.23M | 0 | 439K | 0 | -170K | 0 | 0 | -1.15M | 0 | 0 | 0 |
| Interest Income | 0 | 114K | 432K | 178K | 254K | 347K | 0 | 0 | 0 | 1.68M | 0 | 439K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 449K | 0 | 0 | 0 | 170K | 0 | 0 | 1.15M | 0 | 0 | 0 |
| Other Income/Expense | 171K | 54K | -630K | 210K | 369K | 473K | 617K | 723K | 528K | 582K | 478K | 647K | 745K | 894K | 623K | 93K | -4K | 3K | 5.09M | 18K |
| Pretax Income | -6.96M | -4.21M | -8.15M | -8.22M | -11.71M | -8.63M | -10.75M | -9.26M | -10.33M | -10.43M | -10.68M | -10.62M | -14.02M | -12.42M | -14.9M | -14.86M | -18.02M | -8.24M | -2.86M | -15.42M |
| Pretax Margin % | -91.9% | -47.2% | -106.82% | -102.57% | -125% | -99.63% | -113.86% | -89.21% | -103.93% | -112.39% | -118.72% | -121.66% | -178.78% | -172.11% | -190.56% | -191.76% | -243.15% | -115.72% | -44.63% | -245.59% |
| Income Tax | 1K | 2K | 5K | 4K | 20K | 22K | 2K | 11K | 9K | 139K | 45K | 2K | 18K | 25K | 26K | -217K | -239K | -1K | 7K | 4K |
| Effective Tax Rate % | -0.01% | -0.05% | -0.06% | -0.05% | -0.17% | -0.26% | -0.02% | -0.12% | -0.09% | -1.33% | -0.42% | -0.02% | -0.13% | -0.2% | -0.17% | 1.46% | 1.33% | 0.01% | -0.24% | -0.03% |
| Net Income | -6.97M | -4.21M | -8.15M | -8.22M | -11.73M | -8.65M | -10.75M | -9.27M | -10.34M | -10.57M | -10.72M | -10.62M | -14.04M | -12.45M | -14.93M | -14.64M | -17.78M | -8.24M | -2.87M | -15.42M |
| Net Margin % | -91.91% | -47.23% | -106.88% | -102.62% | -125.21% | -99.88% | -113.88% | -89.31% | -104.02% | -113.88% | -119.22% | -121.68% | -179.01% | -172.46% | -190.9% | -188.96% | -239.93% | -115.71% | -44.74% | -245.65% |
| Net Income Growth % | 40.61% | 51.35% | 24.2% | 11.33% | -13.46% | 18.21% | -0.29% | 12.74% | 26.37% | 15.06% | 28.18% | 27.43% | 21.04% | -50.99% | -420.03% | 5.08% | -116.26% | -5.48% | 65.63% | -106.7% |
| Net Income (Continuing) | -6.97M | -4.21M | -8.15M | -8.22M | -11.73M | -8.65M | -10.75M | -9.27M | -10.34M | -10.57M | -10.72M | -10.62M | -14.04M | -12.45M | -14.93M | -14.64M | -17.78M | -8.24M | -2.87M | -15.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.32 | -0.19 | -0.38 | -0.38 | -0.55 | -0.40 | -0.50 | -0.43 | -0.50 | -0.52 | -0.53 | -0.53 | -0.70 | -0.62 | -0.76 | -0.75 | -1.03 | -0.50 | -0.17 | -0.94 |
| EPS Growth % | 41.82% | 52.5% | 24% | 11.63% | -10% | 23.08% | 5.66% | 18.87% | 28.57% | 16.13% | 30.26% | 29.33% | 32.04% | -24% | -347.06% | 20.21% | -106% | 1.96% | 75% | -51.61% |
| EPS (Basic) | -0.32 | -0.19 | -0.38 | -0.38 | -0.55 | -0.40 | -0.50 | -0.43 | -0.50 | -0.52 | -0.53 | -0.53 | -0.70 | -0.62 | -0.76 | -0.75 | -1.03 | -0.50 | -0.17 | -0.94 |
| Diluted Shares Outstanding | 22.01M | 21.81M | 21.61M | 21.61M | 21.52M | 21.48M | 21.43M | 21.39M | 20.73M | 20.37M | 20.22M | 20.16M | 20.09M | 19.92M | 19.72M | 19.54M | 17.34M | 16.57M | 16.52M | 16.43M |
| Basic Shares Outstanding | 22.01M | 21.81M | 21.61M | 21.61M | 21.52M | 21.48M | 21.43M | 21.39M | 20.73M | 20.37M | 20.22M | 20.16M | 20.09M | 19.92M | 19.64M | 19.52M | 17.26M | 16.48M | 16.52M | 16.41M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |