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. 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.
MarketWise, Inc. reports an amended beneficial ownership filing showing 103,317 shares of Class A Common Stock owned by Robert D. Lynch, representing 3.9% of the class. The filing notes a 1-for-20 reverse stock split effective April 2, 2025, and cites 45,013,797 pre-split shares outstanding as of February 27, 2025.
MarketWise, Inc. calls a virtual annual stockholder meeting on June 4, 2026, asking investors to elect Matthew Turner as Class II director, approve executive pay, choose the frequency of future say‑on‑pay votes, and ratify Grant Thornton LLP as auditor for 2026.
The proxy highlights a strong 2025. Billings rose 13% year over year to $271.2 million, with fourth‑quarter Billings up 42%. Cash from operating activities reached $46.0 million, a $68.1 million improvement, producing a cash‑flow margin above 16%. Total shareholder return for fiscal 2025 was 51%.
MarketWise returned capital through dividends of $1.90 per Class A share and share repurchases. For 2026, the company reaffirms an outlook of approximately $300 million in Billings and $50 million in cash from operating activities and has set a regular‑dividend target of $1.80 per Class A share. The filing also details governance practices, board structure, and 2025 executive compensation, including incentive plans and severance protections.
MarketWise, Inc. reported preliminary, unaudited first quarter 2026 results showing a return to growth in paid subscribers and stronger billings. Paid subscribers rose to 381 thousand at March 31, 2026 from 374 thousand at December 31, 2025, while active free subscribers reached 2.0 million.
Billings for the quarter were approximately $81 million, a 15% year-over-year increase and the highest quarterly billings since 2023. The company affirmed its full-year 2026 guidance for billings of $300 million and cash from operating activities of $50 million, and maintained its dividend target of $1.80 per Class A share after paying $0.45 per share in the quarter.
Cash and cash equivalents were $53 million at March 31, 2026 compared with $70.1 million at December 31, 2025, reflecting seasonal first-quarter cash use tied to marketing, tax distributions, and working capital. MarketWise plans to release full audited first quarter 2026 results on May 7, 2026.
MARKETWISE, INC. Schedule 13G: Pinkney Partners, L.P. reports beneficial ownership of 135,000 shares of Class A Common Stock, representing approximately 5.5% of the outstanding shares. The filing states sole voting and dispositive power over these 135,000 shares is exercised through investment advisor BBT Capital Management Advisors, LLC pursuant to an Investment Advisory and Management Agreement.
MARKETWISE, INC. Chief Financial Officer Erik Mickels reported an open-market sale of 6,000 shares of Class A Common Stock. The shares were sold at a weighted average price of $14.70 per share. After this transaction, Mickels directly owns 79,064 shares of MarketWise stock.
The reported price is an average of multiple trades executed on the same day in a range from $14.50 to $15.44 per share, as described in the footnote.