Quarterly ResultMay 7, 2026, 07:24 AM
MarketWise Q1 Billings +15% to $81.4M; Paid Subscribers Grow
AI Summary
MarketWise, Inc. reported its first quarter 2026 financial results, with Billings increasing 15% year-over-year to $81.4 million, marking the highest quarterly Billings since 2023. Paid Subscribers returned to growth, reaching 381 thousand as of March 31, 2026. The company reported a Net Loss of $0.6 million and negative Cash from Operating Activities of $(2.1) million, primarily due to increased strategic marketing investments. MarketWise affirmed its full-year 2026 guidance for Billings at $300 million and Cash from Operating Activities at $50 million, while also declaring total dividends of $0.45 per share and repurchasing over 3% of shares.
Key Highlights
- Q1 2026 Billings increased 15% year-over-year to $81.4 million.
- Paid Subscribers grew to 381 thousand as of March 31, 2026, from 374 thousand.
- Net Loss was $0.6 million in Q1 2026.
- Cash from Operating Activities was $(2.1) million, impacted by $15M marketing investment.
- Affirmed FY 2026 Billings guidance of $300 million.
- Affirmed FY 2026 Cash from Operating Activities guidance of $50 million.
- Declared quarterly regular and special dividends totaling $0.45 per Class A share.
- Repurchased over 3% of total shares outstanding for $12.2 million in April 2026.