MARKETWISE, INC.

MarketWise, Inc. reported a net loss of $0.6 million for the second quarter of 2026, a significant decline from a net income of $1.3 million in the same period last year. Total net revenue for the quarter decreased by 5.2% to $75.8 million. For the six months ended June 30, 2026, the company recorded a net loss of $1.2 million, compared to a net income of $2.2 million in the prior year period, with cash and cash equivalents decreasing by over 53% since year-end 2025.

MarketWise reported strong Q2 2026 financial results with Billings increasing 57% year-over-year to $91.2 million, marking the highest quarterly Billings since 2023. Cash from Operating Activities rose 25.7% to $22.4 million, though the company posted a net loss of $2.6 million. Paid Subscribers grew to 400 thousand, reflecting successful customer acquisition efforts. The company raised its full-year 2026 Billings guidance by 10% to $330.0 million and maintained its $1.80 per share dividend target, indicating confidence in future performance despite current net losses.

MarketWise, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.45 per share for holders of Class A common stock, payable on September 30, 2026, to shareholders of record on August 19, 2026. A $0.25 per unit distribution was also approved for MarketWise, LLC units. The company recharacterized a $0.20 portion of the dividend, previously considered "special" due to excess tax distributions, as "regular," resulting in the entire $0.45 quarterly dividend now being classified as regular.

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.

MarketWise, Inc. announced a multi-year Premier Partnership with USA Field Hockey. The agreement will see the MarketWise brand prominently displayed on the front of U.S. National Team uniforms, starting with the 2026 FIH Hockey World Cup and extending through the Los Angeles 2028 Olympic Games. Both companies expressed enthusiasm for the collaboration, emphasizing shared values and the potential for significant brand exposure for MarketWise.

MarketWise reported Q1 2026 financial results, including a net loss of $0.6 million on total net revenue of $77.0 million. Billings increased 15% year-over-year to $81.4 million, driven by increased marketing investment and subscriber growth. The Board reauthorized a $50 million Class A common stock repurchase program and declared regular and special dividends totaling $0.45 per Class A share. The company affirmed its FY 2026 guidance for Billings of $300 million and CFFO of $50 million.

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.

MarketWise, Inc. reported a significant decline in its first-quarter 2026 financial performance, with total net revenue decreasing to $77.0 million from $83.5 million in the prior year. The company recorded a net loss of $0.55 million, a sharp contrast to the net income of $16.8 million in Q1 2025, primarily due to increased operating expenses. Additionally, MarketWise resolved an arbitration claim with its former CEO, Mark Arnold, through a settlement agreement in April 2026, which included the redemption of his equity interests.

MarketWise, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.25 per share and a special cash dividend of $0.20 per share for holders of Class A common stock. A comparable distribution of $0.25 per common unit was also approved for MarketWise, LLC common units. These dividends and distributions will be paid on June 25, 2026, to shareholders of record as of May 15, 2026.

MarketWise, Inc. and MarketWise, LLC have entered into a Settlement Agreement and Release with former CEO Mark P. Arnold and JAMA 2021, LLC, effective April 21, 2026. This agreement aims to resolve all known and unknown claims and end ongoing legal disputes, including an arbitration and two actions in the Delaware Court of Chancery. The settlement includes a payment from MarketWise to the Arnold Parties, which collectively own 520,867 MarketWise securities.