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Digimarc DMRC Free cash flow margin

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Other financials

Income statement

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Revenue$7.6M-19.1%
Gross profit$4.2M+26.9%
Operating income-$14.8M+18.0%
Net income-$7.0M+40.6%
EPS (diluted)-$0.70+32.0%

Balance sheet

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Cash & equivalents$8.8M-0.9%
Total debt$5.0M-13.9%
Total equity$34.1M-31.9%
Total assets$48.5M-27.1%

Cash flow

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Operating cash flow-$1.8M+66.3%
CapEx$44.0K-20.0%
Free cash flow-$1.9M+65.9%

Valuation

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Market cap$183.53M-35.5%
Enterprise value$179.72M-35.8%
P/S5.7×-2.3×

Profitability

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Gross margin54.7%-12.0pp
Operating margin-188.5%+44.8pp
Net margin-85.7%-14.1pp

Returns & leverage

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Return on equity-65.5%+6.5pp
Debt / equity0.1×0.0×
Current ratio1.9×-0.8×

Where this comes from

Calculated from Digimarc’s reported figures.

Based on trailing twelve months.

The official record: Digimarc’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Digimarc's free cash flow margin?
Digimarc (DMRC) reported free cash flow margin of -29.9% in Q1 2026.
How has Digimarc's free cash flow margin changed year-over-year?
Digimarc's free cash flow margin increased by 52.5% year-over-year, from -62.9% to -29.9%.
What is the long-term trend for Digimarc's free cash flow margin?
Over 5 years (2020 to 2025), Digimarc's free cash flow margin has grown at a -14.9% compound annual growth rate (CAGR), from -87.4% to -39.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.