Quarterly UpdatesApr 13, 2026, 05:06 PM
MarketWise Q1 2026 Preliminary Billings Up 15% to $81M; Subscribers Grow
AI Summary
MarketWise, Inc. reported preliminary unaudited financial and operational updates for Q1 2026, showing a return to paid subscriber growth and a significant increase in billings. Paid subscribers reached 381 thousand, up from 374 thousand in the prior quarter, while Q1 billings rose 15% year-over-year to approximately $81 million, marking the highest quarterly billings since 2023. The company also affirmed its full-year 2026 guidance for billings at $300 million and cash for operating activities at $50 million.
Key Highlights
- Q1 2026 preliminary billings increased 15% YoY to approximately $81 million.
- Paid subscribers grew to 381 thousand at March 31, 2026, from 374 thousand.
- Affirmed FY 2026 guidance: $300 million in billings and $50 million cash from operations.
- Cash and cash equivalents stood at $53 million at March 31, 2026.
- Paid Q1 dividend of $0.45 per share, maintaining $1.80 full-year target.