Welcome to our dedicated page for Marketwise SEC filings (Ticker: MKTW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MarketWise, Inc. filings document the public-company disclosures of a digital financial research and subscription services business. Its Form 8-K reports cover earnings releases, preliminary operating updates, Regulation FD investor presentations, dividend and distribution announcements, share repurchase authorizations, and other material events.
The filing record also includes proxy materials describing governance matters and company strategy, as well as material-agreement disclosures involving MarketWise, LLC units, Class B common stock, the tax receivables agreement and resolved arbitration matters. These documents frame the company’s capital structure, board actions, shareholder voting matters, operating performance, and risk disclosures for its Class A common stock.
MarketWise, Inc. director and ten percent owner Frank Porter Stansberry reported an open-market purchase of 10,000 shares of Class A Common Stock at a weighted average price of $17.88 per share. Following this transaction, he directly owns 365,490 shares. The filing notes the shares were bought in multiple trades between $17.50 and $17.99 per share.
MarketWise, Inc. director and 10% owner Frank Porter Stansberry made an open-market purchase of 20,100 shares of Class A Common Stock. The shares were bought at a weighted average price of $17.21 per share, in multiple trades between $16.77 and $17.49. Following this transaction, he directly owns 355,490 shares of MarketWise Class A Common Stock.
MARKETWISE, INC. director and ten percent owner Frank Porter Stansberry reported open-market purchases of Class A Common Stock. He bought a total of 3,634 shares across three transactions at prices between $16.46 and $16.71 per share. Following these purchases, his direct holdings reported in this filing rose to 335,390 Class A shares.
MARKETWISE, INC. director and more-than-10% owner Frank Porter Stansberry reported open-market purchases of a total of 30,000 shares of Class A Common Stock across three transactions. The shares were bought at prices between $17.99 and $18.50 per share, bringing his direct holdings to 331,756 shares.
MARKETWISE, INC. director and ten percent owner Frank Porter Stansberry reported open-market purchases of Class A Common Stock. Across four transactions on May 8 and May 11, he bought a total of 51,375 shares at reported prices of $17.15, $19.22, $19.93, and $18.89 per share, some disclosed as weighted average prices over specified trading ranges. Following these buys, he directly owns 301,756 Class A shares.
MarketWise, Inc. Chief Information Officer Marco Galsim reported an equity compensation grant on Class A Common Stock. He received 10,000 restricted stock units, with no cash paid per share, as a "grant, award, or other acquisition" rather than an open-market purchase.
The RSU award will vest in four equal annual installments on July 1, 2026, July 1, 2027, July 1, 2028, and July 1, 2029, aligning vesting with multi-year service. After this grant, Galsim directly holds 42,379 shares of MarketWise Class A Common Stock. A footnote explains that the filing date reflects an inadvertent administrative error, not any error by the reporting person.
MarketWise, Inc. reported first quarter 2026 net revenue of $77.0 million and a small net loss of $0.6 million as it stepped up marketing investment. Billings, which reflect current cash sales, rose to $81.4 million, a 15% year-over-year increase and the strongest quarter since 2023, while cash from operating activities was $(2.1) million.
The company ended the quarter with $52.7 million of cash and cash equivalents and 381 thousand paid subscribers, up from 374 thousand at year-end 2025. It declared regular and special dividends totaling $0.45 per Class A share and reaffirmed full-year 2026 targets of roughly $300 million in Billings, $50 million in cash from operating activities, and total dividends of $1.80 per Class A share.
The Board reauthorized a stock repurchase program of up to $50 million of Class A common stock for the next 12 months, and the company repurchased over 3% of total shares outstanding in April 2026 for $12.2 million.
MarketWise, Inc. reported a mixed first quarter of 2026. Total net revenue was $77.0 million, down from $83.5 million a year earlier, as the company shifted away from its Legacy Research business. Despite lower revenue, Billings reached $81.4 million, a 15.5% increase that reflects stronger sales activity, particularly in software-related offerings and higher-value products.
The company posted a small net loss of $0.6 million compared with net income of $16.8 million in the prior-year quarter, as sales and marketing and general and administrative expenses rose. Cash from operating activities was a negative $2.1 million, versus a positive $1.7 million a year ago, while cash and cash equivalents stood at $52.7 million with no debt outstanding. Paid Subscribers fell 19.4% to 381,000, but average revenue per user climbed 76% to $738, showing a shift toward more valuable, higher-spending customers.
BlackRock, Inc. reported beneficial ownership of 121,841 shares of MarketWise, Inc. Class A stock, representing 4.97% of the class as of 03/31/2026. The filing (Amendment No. 1 to Schedule 13G) shows sole voting power over 119,418 shares and sole dispositive power over 121,841 shares. The filing states this holding reflects securities attributable to certain Reporting Business Units of BlackRock and that no single outside person holds more than 5% of MarketWise common stock.
MarketWise, Inc. entered into a Settlement Agreement and Release with former Chief Executive Officer Mark P. Arnold and JAMA 2021, LLC, resolving an arbitration demand previously disclosed in its annual reports. MarketWise will make a one-time cash payment of $12,160,000 to Mr. Arnold.
In exchange, the Arnold Parties will surrender and have redeemed and canceled 520,867 common units of MarketWise, LLC and the related Class B common shares, waive and release their rights to future payments under the July 21, 2021 Tax Receivables Agreement, and grant mutual general releases covering all claims, including those in the arbitration. MarketWise also agrees to indemnify Mr. Arnold for certain possible tax implications tied to his claims. The company states that this settlement avoids the cost, distraction, and uncertainty of continued proceedings and removes exposure to future TRA-related payments.