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 a routine tax-related share disposition. On the vesting and net settlement of previously reported restricted stock units, 2,288 shares of Class A Common Stock were withheld by the company at $14.15 per share to satisfy tax obligations. This is explicitly noted as not an open-market sale by Galsim. After this withholding, he directly holds 32,379 shares of Class A Common Stock, which includes 411 shares acquired under the employee stock purchase plan on December 31, 2025.
MarketWise, Inc. released an updated investor presentation detailing FY 2025 performance and FY 2026 targets. FY 2025 Billings were $271M, up 13% versus 2024, while GAAP net revenue was $328.1M, down 20%. GAAP net income was $64.0M, a 31% decline, but cash flow from operations improved to $46.0M from a ($22.2M) use in 2024. Q4 2025 Billings of about $79M grew 42% year over year, and year-end cash was $70.1M with no debt. The company highlighted a FY 2026 Billings target of roughly $300M, CFFO of about $50M, and a planned dividend of $1.80 per Class A share, emphasizing a mix of growth, margin expansion, and shareholder returns.
MARKETWISE, INC. Chief Financial Officer Erik Mickels reported open-market sales of a total of 10,000 shares of Class A common stock. He sold 3,334 shares on March 10 at a weighted average price of $15.20 per share and 6,666 shares on March 11 at a weighted average price of $14.73 per share. Following these transactions, he directly holds 56,437 shares. The reported prices are weighted averages from multiple trades within ranges of $14.96 to $15.40 and $14.63 to $14.87.
MKTW reporting a Form 144 notice that a holder, Erik A. Mickels, offered 3,334 shares of Class A for sale and reported proceeds of $50,669.09 in its selling activity dated 03/10/2026. The filing lists earlier scheduled restricted stock vestings on 09/08/2023, 03/21/2024, and 07/01/2025.
MKTW filed an amended Form 144/A reporting a proposed sale of Class A shares. The amendment lists 3,334 Class A shares tied to restricted stock vesting with an event date of 03/14/2025. The filing shows a broker address for Fidelity Brokerage Services LLC and cites 03/10/2026 and NASDAQ as the market.
MarketWise, Inc. reported fourth-quarter 2025 net revenue of $83.4 million and net income of $14.0 million, with Billings of $78.9 million, up 42% year over year. Cash from operating activities improved sharply, reaching $24.2 million in the quarter and $46.0 million for full year 2025, compared with $(22.2) million in 2024.
For full year 2025, total net revenue was $328.1 million versus $408.7 million in 2024, while Billings rose to $271.2 million from $239.1 million. Net income was $64.0 million versus $93.1 million a year earlier. Despite fewer paid subscribers, ARPU increased to $670 as the company focused on higher-priced products and higher-value customers.
The company exceeded its 2025 guidance for Billings and CFFO and raised its 2026 targets to Billings of approximately $300 million and CFFO of approximately $50 million. The board increased the regular dividend by 25% and is targeting $1.80 per Class A share in 2026 dividends, alongside resuming a $50 million share repurchase program after filing its 2025 annual report. A prior $17.25-per-share acquisition proposal from Monument & Cathedral Holdings was withdrawn after the board’s special committee concluded it undervalued the company.
MarketWise, Inc. (MKTW) describes itself as a multi-brand subscription platform providing digital financial research, software, education, and tools for self-directed investors. The company distributes content across desktop and mobile devices under brands such as Stansberry Research, Chaikin Analytics, Brownstone Research, InvestorPlace, TradeSmith, and Altimetry.
As of December 31, 2025, MarketWise reports approximately 374 thousand Paid Subscribers within a broader base of about 2 million total subscribers. It states that more than 50% of 2025 Billings came from subscribers who have been with the firm for over four years, and that software and analytical tool solutions represented 52% of 2025 Billings.
The company outlines growth strategies focused on acquiring new subscribers through data-driven, omni-channel marketing, deepening relationships via free and paid content, launching new products at varied price points, expanding AI-driven analytics, and selectively pursuing acquisitions and joint ventures. It highlights key risks including dependence on subscription renewals, intense competition from both free and paid financial content providers, technology and cybersecurity risks, payment processing and regulatory compliance requirements, and evolving data privacy and AI-related rules.
MarketWise, Inc. announced that its board declared both a higher regular quarterly cash dividend and a special cash dividend for holders of Class A common stock. The regular dividend is $0.25 per share and the special dividend is $0.20 per share, approved on March 2, 2026.
The new $0.25 regular dividend represents a 20% increase, and cumulative dividends declared over the last twelve months total $1.75 per share, which the company states equates to a 13% dividend yield based on the March 2, 2026 share price. A comparable $0.25 per-unit distribution was also approved for MarketWise, LLC unitholders.
The dividend and corresponding LLC distribution are scheduled to be paid on March 31, 2026 to shareholders and unitholders of record as of March 18, 2026. The company highlights its long-standing, digital subscription-based model serving self-directed investors as the backdrop for these cash returns.
MarketWise, Inc. announced that Monument & Cathedral Holdings has withdrawn its unsolicited, non-binding proposal to acquire all remaining MarketWise securities for $17.25 per share in cash, which had been contingent on terminating the company’s tax receivable agreement.
M&C pulled the offer after the Board’s Special Committee, advised by independent legal and financial advisors, indicated the price undervalued the stock. MarketWise is reaffirming its standalone strategy focused on profitable, high-margin subscription growth, efficiency, and capital returns via dividends and potential buybacks.
The company highlighted preliminary 2025 metrics, including a 42% year-over-year increase in fourth-quarter Billings and full-year Cash Flow from Operating Activities of $45 million, which exceeded guidance. Strong operations and balance sheet support a 13% cash dividend yield for 2025, and management plans to continue investing in product innovation, subscriber growth, and premium offerings.