Quarterly UpdatesJul 9, 2026, 06:39 PM
MarketWise Raises FY26 Billings Guidance to $330M; Q2 Billings $91M
AI Summary
MarketWise, Inc. reported strong preliminary unaudited financial and operational updates for Q2 2026, with Billings reaching approximately $91 million, a 56% year-over-year increase. The company raised its full-year 2026 Billings guidance by 10% to $330 million, citing continued operational momentum, higher customer acquisition, and improved retention. Paid Subscribers increased to 400 thousand, and ARPU saw a significant 73% year-over-year rise.
Key Highlights
- MarketWise raised its FY 2026 Billings guidance by 10% to $330 million, representing a 21.7% increase over FY 2025.
- Preliminary Q2 2026 Billings totaled approximately $91 million, a 56% year-over-year increase.
- Paid Subscribers reached 400 thousand at June 30, 2026, up from 374 thousand at December 31, 2025.
- Cash and cash equivalents stood at $33 million at June 30, 2026.
- Dividends paid to Class A Shareholders during the quarter were $0.45 per share.
- Preliminary Average Revenue Per User (ARPU) at June 30, 2026, was $821, a 73% increase year-over-year.
- Full year 2026 tax distributions are now expected to be approximately $40 million.
Price Impact
More from MKTW