Here are the 10-K annual reports from Marchex, Inc. (MCHX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MCHX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MCHX filings page.
Marchex, Inc. filed Amendment No. 1 to its annual report to add Part III disclosures on directors, executive officers, compensation, ownership and auditor fees instead of incorporating a future proxy statement by reference. The filing details a five-member board, committee structures, and independence determinations.
Marchex highlights a strong 2023 say-on-pay result, with about 95% of votes supporting named executive officer pay, and continues its mix of salary, bonus and equity awards under the 2021 Stock Incentive Plan. In 2025, President & CRO Troy Hartless received total compensation of $1,230,833, while former CEO Edwin Miller received $857,340.
The company reports dual-class equity with 4,660,927 Class A and 39,636,247 Class B shares outstanding as of April 10, 2026, and notes that directors and executives as a group control 78.5% of total voting power. For 2025, Marchex recorded a net loss of $5,235K and paid $606,890 in audit fees to RSM US LLP.
Marchex, Inc. files its annual report describing a business built around AI-powered conversation intelligence for enterprises that depend on phone calls, texts and other channels to acquire and serve customers, especially in B2B2C verticals like automotive and home services.
The company offers products such as Marketing Edge, Sonar Business Text Messaging, Marchex Platform Services, Spotlight, Engage, and AI-driven Call Summary and Sentiment Suite, all aimed at turning conversations into measurable sales and customer-experience improvements. It highlights growing use of generative AI, large language models and industry-specific analytics as key differentiators.
Marchex also discloses significant risk factors: an accumulated deficit of $331.4 million as of December 31, 2025, revenue concentration with the five largest customers representing about 36% of 2025 revenue, intense competition from larger technology and communications players, and evolving AI, privacy, telecommunications and TCPA regulations. As of March 19, 2026, the company had 4,660,927 Class A and 39,249,271 Class B shares outstanding and employed 139 full-time staff as of December 31, 2025.