---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021650"
form_type: "8-K"
ticker: "DMRC"
cik: "0001438231"
company_name: "Digimarc CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:43:40.998832+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digimarc Q2 subscription revenue up 44% YoY to $4.7M; net loss narrows to $10.6M

## Summary
- Subscription revenue from current products grew 59% YoY; total subscription revenue $4.7M (+44%).
- Total revenue $8.7M (+13%); service revenue $4.1M (-10%) on lower HolyGrail recycling projects.
- Subscription gross profit margin (non-GAAP) improved to 84% from 73% a year ago.
- Net loss $10.6M ($0.53/share) vs $14.6M ($0.75) in Q2 2022; non-GAAP net loss $5.8M ($0.29).
- Cash and securities $34.5M at June 30, 2023, down from $52.5M at Dec 31, 2022.

## SEC filing metadata
- accession: 0001437749-23-021650
- form_type: 8-K
- ticker: DMRC
- cik: 0001438231
- company_name: Digimarc CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438231/000143774923021650/0001437749-23-021650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438231/000143774923021650/dmrc20230522_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021650
- JSON: https://secwatch.observer/filing/0001437749-23-021650.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021650.txt

## Key facts
- Earnings Releases
  Digimarc CORP reported the second quarter ended June 30, 2023 results: revenue $8.7 million, net income $10.6 million or $(0.53) per share, EPS $(0.53) per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $8.7 million
  - Net income: $10.6 million or $(0.53) per share
  - EPS: $(0.53) per share
  - Result: reported results
  source text: HolyGrail recycling projects, partially offset by $0.3 million of higher service revenue from the Central Banks . Total revenue for the second quarter of 2023 increased 13% to $8.7 million compared to $7.7 million in the second quarter of 2022 . Gross profit margin for the second quarter of 2023 increased to 56% compared to 52% in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1438231/000143774923021650/0001437749-23-021650-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.