---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-014525"
form_type: "8-K"
ticker: "DMRC"
cik: "0001438231"
company_name: "Digimarc CORP"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:02:37.307001+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digimarc Q1 2025 revenue down to $9.4M; net loss widens to $0.55 per share

## Summary
- Quarterly revenue $9.4M vs $9.9M YoY; subscription revenue $5.3M, service revenue $4.1M.
- Net loss $11.7M ($0.55/share) vs $10.3M ($0.50/share) a year ago; non-GAAP net loss $8.6M.
- ARR as of March 31, 2025 was $20.0M, down from $23.9M a year ago, mainly due to a contract expiration in June 2024.
- Free cash flow usage narrowed to $5.6M from $8.6M YoY; excluding severance, usage would have been $3.5M.
- CEO says results came in above internal plan; gross margin improved to 65% from 63%.

## SEC filing metadata
- accession: 0001437749-25-014525
- form_type: 8-K
- ticker: DMRC
- cik: 0001438231
- company_name: Digimarc CORP
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438231/000143774925014525/0001437749-25-014525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438231/000143774925014525/dmrc20250404_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-014525
- JSON: https://secwatch.observer/filing/0001437749-25-014525.json
- Plain text: https://secwatch.observer/filing/0001437749-25-014525.txt

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