Digimarc Corporation DMRC NASDAQ

Digimarc Corporation (DMRC) reported declining year-over-year revenue growth of -11.7% through 2025-12 (TTM revenue vs prior-year TTM). The latest quarter net income was –$4M, with a YoY change of +17.2%. The net profit margin is -47.2%, which is negative. The company has not reported a profitable quarter in the last 4 quarters. The gross margin is 53.9% (high), down 9.1pp vs the prior year. With a market cap data available, MOAT composite score of 35/100 (low competitive position).

Criteria proven by this page:

• GROWTH (63/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (0/100, Fail) — the company has frequently reported losses. Looking at the full 20-year annual history, the company was profitable in 5 of 20 years — a mixed long-term record
• INCOME (10/100, Fail) — the company is currently operating at a loss
• MOAT (35/100, Fail) — limited competitive moat based on margins and scale

Overall SharesGrow Score: 57/100 with 4/7 criteria passed.