Every 10-Q that MarketWise, Inc. (MKTW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MKTW 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 MKTW filings page.
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.
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.
MarketWise, Inc. reported Q3 2025 results. Total net revenue was $81.3 million, down from $97.2 million a year ago, as subscription revenue softened. Income from operations was $17.8 million versus $21.9 million, and net income was $17.9 million compared with $22.7 million. Diluted EPS was $0.58 ($0.87 prior year).
Cash and cash equivalents were $50.5 million at September 30, 2025. Year‑to‑date operating cash flow improved to $21.7 million from a use of $28.1 million last year. Deferred revenue was $373.1 million (current $186.8 million; noncurrent $186.2 million), and remaining performance obligations totaled $374.9 million, about half expected to be recognized over the next twelve months. The company completed a 1‑for‑20 reverse stock split in April 2025, paid regular and special dividends during the period, and repurchased Class A shares. MarketWise, Inc. held a 15.3% ownership interest in MarketWise, LLC as of September 30, 2025.