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. reported third-quarter 2026 Billings of $80.7 million, up 26.8% year over year, while total net revenue was $80.1 million, down 1.5%. Net income was $15.1 million, compared with $17.9 million a year earlier; cash flow from operating activities was $7.8 million, up 261.5% from $2.2 million. Cash and cash equivalents were $27.4 million, with no debt outstanding, as of September 30, 2026.
Billings are amounts invoiced to customers, while GAAP net revenue is recognized over subscription terms and can lag customer sales. Paid Subscribers were 389,000 as of September 30, down from 400,000 as of June 30. MarketWise said it moderated customer acquisition in Q3 and plans to focus on monetization in Q4, when similar subscriber declines could occur.
Management affirmed FY 2026 targets of approximately $330 million in Billings and approximately $50 million in CFFO. The total dividend target is $1.80 per Class A share, subject to ongoing Board approval. MarketWise expects GAAP net revenue to stabilize in 2026 and return to growth in 2027.
MarketWise, Inc. (MKTW) reported third-quarter 2026 total net revenue of $80.090 million, versus $81.271 million a year earlier, and consolidated net income of $15.059 million, versus $17.915 million. Net income attributable to MarketWise, Inc. was $1.545 million, compared with $1.505 million.
Net cash provided by operating activities was $7.840 million, compared with $2.169 million in the prior-year quarter. Total Billings, amounts invoiced to customers, were $80.741 million, up 26.8%. Paid subscribers totaled 389,062, up 2.8% year over year, and average revenue per user was $860, up 51.9%. Management said it reduced third-quarter marketing spend to focus on monetizing existing subscribers; paid subscribers were down 2.7% from June 30, 2026.
Cash and cash equivalents were $27.388 million at September 30, 2026, and the company reported no debt outstanding. Remaining performance obligations were $386.6 million, presented as deferred revenue; the company expects to recognize approximately 48% over the next twelve months. On April 22, 2026, MarketWise, Inc. and MarketWise, LLC made a one-time $12.2 million cash payment to Mark P. Arnold, the former Chief Executive Officer; Arnold and JAMA 2021, LLC surrendered 520,867 MarketWise, LLC units and corresponding Class B shares.
MarketWise, Inc. (MKTW) posted an updated investor presentation covering second-quarter 2026 results, operating metrics and capital allocation. Second-quarter billings were $91.2 million, up 57% year over year, while GAAP net revenue was $75.8 million, down 5%. GAAP net loss was $2.6 million, compared with net income of $15.3 million a year earlier. Cash from operating activities was $22.4 million, versus $17.8 million in second-quarter 2025.
Paid subscribers reached 400,000, and second-quarter average revenue per user was $822, up 73% year over year. Net revenue retention was 91% for 2025, compared with 53% for 2024. As of June 30, 2026, cash and equivalents were $32.9 million and total debt was $0. The presentation lists a $0.45 quarterly dividend and a FY 2026 dividend target of $1.80 per Class A share.
Management said it expects net revenue to stabilize in 2026 and return to growth in 2027. It intends to scale back marketing investment in the second half of 2026 and said paid subscribers may decline as it focuses on monetizing the installed base. The presentation defines billings as amounts invoiced to customers and notes that its adjusted cash-flow measures are non-GAAP.
MarketWise, Inc. (MKTW) shareholder Jared Kelly filed Amendment No. 1 to a Schedule 13G reporting his current ownership in the company’s Class A Common Stock. The filing states that he beneficially owns 138,317 shares of Class A Common Stock, representing 4.72% of the class.
Kelly reports sole voting and dispositive power over all 138,317 shares, with no shared voting or dispositive power. The amendment also notes that his holdings are now at or below the 5 percent ownership threshold for this class of securities.
MarketWise, Inc. filed an amendment detailing the outcome of its 2026 advisory vote on the frequency of stockholder “say-on-pay” votes and the resulting board decision. At the 2026 Annual Meeting, stockholders cast 7,615,818 shares in favor of holding say‑on‑pay votes every one year, 99,163 for every two years, and 5,879,057 for every three years, with 29,690 abstentions and 1,040,623 broker non‑votes. Based on these results, the board has determined that say‑on‑pay votes will be held on an annual basis until the next required advisory vote on frequency, which the company expects to hold at its 2032 Annual Meeting of Stockholders.
MarketWise, Inc. reported strong second quarter 2026 operating activity, with Billings of $91.2 million, a 57% year-over-year increase and the highest quarterly level since 2023. Cash from Operating Activities (CFFO) was $22.4 million, up 25.7% year over year, while Total Net Revenue was $75.8 million, down 5.2%. The company recorded a net loss of $2.6 million, primarily linked to the timing of deferred revenue recognition and higher sales and marketing costs. Paid Subscribers reached 400 thousand at June 30, 2026, up from 381 thousand at March 31, 2026, and Active Free Subscribers were 2.1 million.
Cash and cash equivalents were $33 million at June 30, 2026, after a $12.2 million April 2026 cash disbursement tied to a legal settlement and repurchase of 3% of total shares outstanding. The company raised its FY 2026 Billings target by 10% to $330 million, implying 21.7% growth versus FY 2025, and guided to FY 2026 CFFO of approximately $50 million. MarketWise affirmed its total 2026 dividend target of $1.80 per Class A share, following $0.45 per share dividends paid in the quarter. Management emphasized Billings as a more current indicator of demand than GAAP Net Revenue, noting Billings growth significantly outpaced reported revenue.
MarketWise, Inc. reported Q2 2026 net revenue of $75.8 million, down 5.2% year over year, while Billings rose 56.7% to $91.2 million as customer acquisition spending increased. Operating expenses grew sharply, leading to a $4.3 million loss from operations and a $2.6 million net loss versus $15.3 million net income a year earlier; first‑half net loss was $3.2 million versus $32.2 million net income in 2025.
Q2 operating cash flow increased 25.7% to $22.4 million, with free cash flow of $21.4 million. Cash and equivalents fell to $32.9 million at June 30, 2026 from $70.1 million at year‑end, driven by $55.9 million of financing outflows including tax distributions to noncontrolling interests, a $12.2 million legal settlement with the former CEO, dividends on Class A shares, and share repurchases. The company has no debt but shows a consolidated stockholders’ deficit of $267,270 (in thousands), alongside $386.8 million of remaining performance obligations.
Paid Subscribers grew 1.5% year over year to 399,866, while Active Free Subscribers declined 6.1% to 2.1 million as free offerings were streamlined. ARPU rose 73.3% to $822, reflecting higher‑value products and software; 60% of Paid Subscribers are high‑value and 28% ultra high‑value customers.
BlackRock, Inc. reports beneficial ownership of Class A stock of MarketWise, Inc. on a Schedule 13G. BlackRock reports beneficially owning 145,766 shares of MarketWise Class A stock, representing 5.5% of this class.
BlackRock has sole voting power over 143,343 shares and sole dispositive power over 145,766 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of MarketWise’s outstanding common shares.
MarketWise, Inc. reported preliminary, unaudited operating updates for the second quarter of 2026. Billings were approximately $91 million, a 56% year-over-year increase and the highest quarterly level since 2023, driven by higher customer acquisition, improved retention, and strong uptake of higher-priced products.
Paid Subscribers reached 400 thousand at June 30, 2026, up from 374 thousand at December 31, 2025, with 2.1 million Active Free Subscribers. Preliminary ARPU was $821 at June 30, 2026, up from $474 a year earlier, a 73% increase. Full-year 2026 Billings guidance was raised 10% to $330 million, representing a 21.7% increase versus 2025.
Cash and cash equivalents were $33 million at June 30, 2026 after a $12.2 million legal settlement that included redeeming about 3% of outstanding shares and terminating related Tax Receivable Agreement rights. Dividends to Class A shareholders were $0.45 per share in the quarter, and the $1.80 per share full-year dividend target was reaffirmed. Total Class A and Class B shares outstanding were 15,651,315 as of June 30, 2026.
MARKETWISE, INC. Chief Information Officer Marco Galsim reported a Form 4 showing share withholding for taxes rather than an open-market sale. On this event, 3,294 shares of Class A Common Stock were withheld by the company to satisfy tax obligations tied to vesting restricted stock units.
After the withholding, Galsim directly holds 39,495 Class A shares. The position also includes 410 shares acquired through the company’s employee stock purchase plan as of June 30, 2026, reflecting ongoing equity participation alongside routine tax-related share reductions.