---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005896"
form_type: "8-K"
ticker: "DMRC"
cik: "0001438231"
company_name: "Digimarc CORP"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:34:48.228117+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digimarc Q4 revenue up 29% YoY, ARR grows 71%, subscription margins expand to 87%

## Summary
- Q4 total revenue $9.3M (+29% YoY), subscription revenue $5.6M (+37% YoY), ARR growth 71% YoY.
- Subscription gross profit margin (ex-amort) expanded to 87% from 77% YoY.
- GAAP net loss $10.6M ($0.52/sh) improved from $12.4M ($0.62/sh); non-GAAP net loss $5.6M ($0.28/sh) from $8.2M ($0.41/sh).
- FY2023 revenue $34.9M (+16% YoY); net loss $46.0M ($2.26/sh) vs $59.8M ($3.12/sh) in FY2022.
- Cash and marketable securities $27.2M at Dec 31, 2023, down from $52.5M at Dec 31, 2022.

## SEC filing metadata
- accession: 0001437749-24-005896
- form_type: 8-K
- ticker: DMRC
- cik: 0001438231
- company_name: Digimarc CORP
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438231/000143774924005896/0001437749-24-005896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438231/000143774924005896/dmrc20231214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005896
- JSON: https://secwatch.observer/filing/0001437749-24-005896.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005896.txt

## Key facts
- Earnings Releases
  Digimarc CORP reported fourth quarter ended December 31, 2023 results: revenue $9.3 million, net income $10.6 million, EPS ($0.52) per share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $9.3 million
  - Net income: $10.6 million
  - EPS: ($0.52) per share
  - Result: reported results
  source text: 2022 , primarily due to higher service revenue from a consortium of the world’s central banks (the “Central Banks”) . Total revenue for the fourth quarter of 2023 increased to $9.3 million compared to $7.2 million for the fourth quarter of 2022 . Gross profit margin for the fourth quarter of 2023 increased to 63% compared to 53% for the fourth quarter of 2022 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1438231/000143774924005896/0001437749-24-005896-index.htm
- Earnings Releases
  Digimarc CORP reported fiscal year ended December 31, 2023 results: revenue $34.9 million, net income $46.0 million loss, EPS ($2.26) loss per common share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $34.9 million
  - Net income: $46.0 million loss
  - EPS: ($2.26) loss per common share
  - Result: reported results
  source text: for program work, partially offset by $0.8 million of lower service revenue from the timing of HolyGrail 2.0 recycling projects. Total revenue for fiscal year 2023 increased to $34.9 million compared to $30.2 million for fiscal year 2022 . Gross profit margin for fiscal year 2023 increased to 58% compared to 51% for fiscal year 2022 . Excluding amortization expense
  evidence_url: https://www.sec.gov/Archives/edgar/data/1438231/000143774924005896/0001437749-24-005896-index.htm

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