vs

Side-by-side financial comparison of Digimarc CORP (DMRC) and Zepp Health Corp (ZEPP). Click either name above to swap in a different company.

Zepp Health Corp is the larger business by last-quarter revenue ($10.5M vs $8.9M, roughly 1.2× Digimarc CORP). Zepp Health Corp runs the higher net margin — -2.1% vs -47.2%, a 45.1% gap on every dollar of revenue. Over the past eight quarters, Digimarc CORP's revenue compounded faster (-5.3% CAGR vs -7.9%).

Digimarc Corporation is a provider of enterprise software and services. The company's software, which includes digital identifiers, is designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability. Digimarc products are created for multiple industries such as apparel, consumer packaged goods, health and beauty, and automotive.

Zepp Health Corp is a global digital health and smart wearable technology company. It develops and sells fitness trackers, smartwatches, and AI-powered health monitoring tools, serving individual consumers, sports teams, and healthcare providers across Asia, North America, and Europe, with core focus on wellness tracking and remote health management solutions.

DMRC vs ZEPP — Head-to-Head

Bigger by revenue
ZEPP
ZEPP
1.2× larger
ZEPP
$10.5M
$8.9M
DMRC
Higher net margin
ZEPP
ZEPP
45.1% more per $
ZEPP
-2.1%
-47.2%
DMRC
Faster 2-yr revenue CAGR
DMRC
DMRC
Annualised
DMRC
-5.3%
-7.9%
ZEPP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DMRC
DMRC
ZEPP
ZEPP
Revenue
$8.9M
$10.5M
Net Profit
$-4.2M
$-223.0K
Gross Margin
63.5%
38.2%
Operating Margin
-48.2%
-1.2%
Net Margin
-47.2%
-2.1%
Revenue YoY
2.9%
Net Profit YoY
51.4%
EPS (diluted)
$-0.18
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$8.9M
Q3 25
$7.6M
$10.5M
Q2 25
$8.0M
$8.2M
Q1 25
$9.4M
$5.3M
Q4 24
$8.7M
Q3 24
$9.4M
$5.9M
Q2 24
$10.4M
$5.6M
Q1 24
$9.9M
$5.5M
Net Profit
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$-4.2M
Q3 25
$-8.2M
$-223.0K
Q2 25
$-8.2M
$-1.1M
Q1 25
$-11.7M
$-2.7M
Q4 24
$-8.6M
Q3 24
$-10.8M
$-1.8M
Q2 24
$-9.3M
$-1.5M
Q1 24
$-10.3M
$-2.0M
Gross Margin
DMRC
DMRC
ZEPP
ZEPP
Q4 25
63.5%
Q3 25
58.3%
38.2%
Q2 25
58.8%
36.2%
Q1 25
65.0%
37.3%
Q4 24
60.8%
Q3 24
62.4%
40.6%
Q2 24
66.1%
40.3%
Q1 24
62.5%
36.8%
Operating Margin
DMRC
DMRC
ZEPP
ZEPP
Q4 25
-48.2%
Q3 25
-109.7%
-1.2%
Q2 25
-105.2%
-10.3%
Q1 25
-128.9%
-47.7%
Q4 24
-105.1%
Q3 24
-120.4%
-29.5%
Q2 24
-96.2%
-24.3%
Q1 24
-109.2%
-39.6%
Net Margin
DMRC
DMRC
ZEPP
ZEPP
Q4 25
-47.2%
Q3 25
-106.9%
-2.1%
Q2 25
-102.6%
-13.0%
Q1 25
-125.2%
-51.2%
Q4 24
-99.9%
Q3 24
-113.9%
-31.2%
Q2 24
-89.3%
-26.7%
Q1 24
-104.0%
-36.8%
EPS (diluted)
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$-0.18
Q3 25
$-0.38
$-0.01
Q2 25
$-0.38
$-0.07
Q1 25
$-0.55
$-0.17
Q4 24
$-0.40
Q3 24
$-0.50
$-0.01
Q2 24
$-0.43
$-0.01
Q1 24
$-0.50
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DMRC
DMRC
ZEPP
ZEPP
Cash + ST InvestmentsLiquidity on hand
$12.9M
$8.7M
Total DebtLower is stronger
$9.6M
Stockholders' EquityBook value
$40.2M
$31.2M
Total Assets
$53.0M
$80.9M
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$12.9M
Q3 25
$12.6M
$8.7M
Q2 25
$16.1M
$7.8M
Q1 25
$21.6M
$10.7M
Q4 24
$28.7M
Q3 24
$33.7M
$16.4M
Q2 24
$41.5M
$17.0M
Q1 24
$48.9M
$17.9M
Total Debt
DMRC
DMRC
ZEPP
ZEPP
Q4 25
Q3 25
$9.6M
Q2 25
$9.7M
Q1 25
$9.6M
Q4 24
Q3 24
$5.7M
Q2 24
$7.3M
Q1 24
$11.2M
Stockholders' Equity
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$40.2M
Q3 25
$41.4M
$31.2M
Q2 25
$46.5M
$31.1M
Q1 25
$50.0M
Q4 24
$61.4M
Q3 24
$70.2M
Q2 24
$77.2M
$44.6M
Q1 24
$84.5M
Total Assets
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$53.0M
Q3 25
$55.4M
$80.9M
Q2 25
$60.7M
$75.8M
Q1 25
$66.5M
$71.6M
Q4 24
$75.8M
Q3 24
$85.0M
$81.3M
Q2 24
$93.4M
$79.7M
Q1 24
$99.7M
$80.5M
Debt / Equity
DMRC
DMRC
ZEPP
ZEPP
Q4 25
Q3 25
0.31×
Q2 25
0.31×
Q1 25
Q4 24
Q3 24
Q2 24
0.16×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DMRC
DMRC
ZEPP
ZEPP
Operating Cash FlowLast quarter
$991.0K
Free Cash FlowOCF − Capex
$895.0K
FCF MarginFCF / Revenue
10.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$991.0K
Q3 25
$-2.6M
Q2 25
$-4.7M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.1M
Q2 24
$-6.8M
Q1 24
$-8.4M
Free Cash Flow
DMRC
DMRC
ZEPP
ZEPP
Q4 25
$895.0K
Q3 25
$-2.8M
Q2 25
$-4.9M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.2M
Q2 24
$-6.9M
Q1 24
$-8.5M
FCF Margin
DMRC
DMRC
ZEPP
ZEPP
Q4 25
10.0%
Q3 25
-36.9%
Q2 25
-61.0%
Q1 25
-59.1%
Q4 24
-49.1%
Q3 24
-75.7%
Q2 24
-66.1%
Q1 24
-85.8%
Capex Intensity
DMRC
DMRC
ZEPP
ZEPP
Q4 25
1.1%
Q3 25
2.9%
Q2 25
2.5%
Q1 25
0.6%
Q4 24
0.2%
Q3 24
0.7%
Q2 24
0.3%
Q1 24
1.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DMRC
DMRC

Subscription$5.3M60%
The Government$3.6M41%

ZEPP
ZEPP

Segment breakdown not available.

Related Comparisons