FY2025 · ended Dec 31, 2025 · Revenue $328.12M, -19.7% YoY · Filed Mar 6, 2026
MarketWise, Inc. (MKTW) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $328.1 million and net income of $5.6 million. Free cash flow was $45.6 million. As of Sep 30, 2026 it held $27.4 million in cash and investments and $5.8 million in total debt.
Revenue (TTM)
$316.32M
-7.6% vs year-ago TTM
Net income (TTM)
$2.27M
-61.0% vs year-ago TTM
Operating cash flow (TTM)
$52.40M
+89.0% vs year-ago TTM
Free cash flow (TTM)
$52.11M
+89.7% vs year-ago TTM
EPS (TTM)
$0.83
-67.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
10.35M
Net cash
$21.55M
as of Sep 30, 2026
Operating margin
7.5%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- MKTW (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Baltimore, MD
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1805651
- Former names
- Ascendant Digital Acquisition Corp. (until Jul 21, 2021)
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $328.1M | $408.7M | $448.2M | $512.4M | $549.2M |
| Operating income | $62.6M | $89.0M | $51.8M | $87.3M | -$967.6M |
| Net income | $5.6M | $7.1M | $1.8M | $18.0M | -$1.0B |
| Diluted EPS | $2.31 | $3.58 | $1.07 | $0.73 | — |
| Operating cash flow | $46.0M | -$22.1M | $62.4M | $48.4M | $63.6M |
| Free cash flow | $45.6M | -$22.3M | $62.4M | $48.3M | $63.5M |
| Total assets | $218.4M | $259.5M | $396.6M | $442.5M | $421.6M |
| Total liabilities | $432.0M | $477.4M | $685.5M | $740.9M | $826.8M |
| Stockholders' equity | -$11.7M | -$12.5M | -$11.1M | -$21.2M | -$48.5M |
| Cash and investments | $70.1M | $97.9M | $155.2M | $158.6M | $139.1M |
| Total debt | $6.1M | $4.4M | $5.8M | $7.3M | $8.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 24, 2026 | Sep 24, 2026 |
| 8-K/A |
Amended current report
Shareholder vote results
|
Aug 12, 2026 | Jun 4, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
All 512 MarketWise, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.