MKTW (MarketWise, Inc.) Stock Financials & Earnings | Market Cap Arena

MKTW (MarketWise, Inc.) Stock Financials & Earnings | Market Cap Arena

MKTWMarketWise, Inc.

Mkt Cap$38M

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$328M

Net Income (TTM)$6M

EPS (TTM)$2.31

Free Cash Flow (TTM)$47M

Gross Margin86.3%

Op. Margin19.2%

Net Margin1.7%

FCF Margin14.3%

P/S Ratio (TTM)0.1x

P/E Ratio (TTM)6.7x

YoY Rev Growth-19.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$126M	$111M	$31M
Q2 23	$104M	$89M	$9M
Q3 23	$106M	$92M	$11M
Q4 23	$112M	$99M	$1M
Q1 24	$109M	$96M	$22M
Q2 24	$105M	$92M	$21M
Q3 24	$97M	$84M	$22M
Q4 24	$97M	$86M	$24M
Q1 25	$84M	$72M	$17M
Q2 25	$80M	$69M	$15M
Q3 25	$81M	$71M	$18M
Q4 25	$83M	$72M	$14M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.1x	2.8x
Q2 23	0.1x	21.1x
Q3 23	0.1x	6.3x
Q4 23	0.1x	21.1x
Q1 24	0.1x	19.1x
Q2 24	0.1x	10.8x
Q3 24	0.1x	7.4x
Q4 24	0.1x	5.3x
Q1 25	0.1x	6.0x
Q2 25	0.1x	6.2x
Q3 25	0.1x	6.5x
Q4 25	0.1x	6.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$4M	$4M
Q2 23	$29M	$29M
Q3 23	$12M	$12M
Q4 23	$18M	$17M
Q1 24	-$19M	-$19M
Q2 24	-$4M	-$4M
Q3 24	-$6M	-$6M
Q4 24	$6M	$6M
Q1 25	$2M	$2M
Q2 25	$18M	$18M
Q3 25	$2M	$2M
Q4 25	$24M	$25M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$13K
Q2 23	$33K
Q3 23	$529K
Q4 23	$239K
Q1 24	$252K
Q2 24	$496K
Q3 24	$40K
Q4 24	$81K
Q1 25	$45K
Q2 25	$118K
Q3 25	$15K
Q4 25	$1M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-7.7%	-19.9%
Q2 23	-19.0%	-9.5%
Q3 23	-11.5%	-3.2%
Q4 23	-12.1%	+7.8%
Q1 24	-13.7%	-8.6%
Q2 24	+1.4%	-11.6%
Q3 24	-8.4%	-20.8%
Q4 24	-13.1%	-33.9%
Q1 25	-23.4%	-23.7%
Q2 25	-23.9%	-22.2%
Q3 25	-16.4%	-15.7%
Q4 25	-14.4%	-4.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$4M	2.9%
Q2 23	$4M	3.5%
Q3 23	$3M	2.8%
Q4 23	$13M	11.7%
Q1 24	$4M	3.5%
Q2 24	$2M	1.6%
Q3 24	$3M	3.3%
Q4 24	$0	0.0%
Q1 25	$3M	3.8%
Q2 25	$3M	3.2%
Q3 25	$3M	3.4%
Q4 25	$17M	20.2%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$2M	$28M	$49M
Q2 23	$2M	$28M	$49M
Q3 23	$2M	$25M	$52M
Q4 23	$2M	$45M	$48M
Q1 24	$2M	$24M	$47M
Q2 24	$2M	$25M	$43M
Q3 24	$3M	$22M	$37M
Q4 24	$3M	$20M	$34M
Q1 25	$2M	$17M	$34M
Q2 25	$2M	$20M	$32M
Q3 25	$3M	$18M	$31M
Q4 25	$4M	$23M	$34M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	-7.7%	24.9%	17.2
Q2 23	-19.0%	9.4%	-9.6
Q3 23	-11.5%	11.9%	0.4
Q4 23	-12.1%	3.6%	-8.5
Q1 24	-13.7%	20.4%	6.8
Q2 24	1.4%	20.9%	22.3
Q3 24	-8.4%	23.2%	14.7
Q4 24	-13.1%	30.2%	17.1
Q1 25	-23.4%	21.2%	-2.2
Q2 25	-23.9%	19.2%	-4.7
Q3 25	-16.4%	23.7%	7.3
Q4 25	-14.4%	19.8%	5.4

Revenue Segments

Quarter	Advertising	Subscription and Circulation
Q3 23	$192K	$106M
Q1 24	$319K	$108M
Q2 24	$358K	$104M
Q3 24	$111K	$97M
Q4 24	—	$96M
Q1 25	$12K	$83M
Q2 25	$11K	$79M
Q3 25	$7K	$81M
Q4 25	$15K	$80M

Revenue by Geography

Quarter	Non-US	United States
Q1 23	$91K	$126M
Q2 23	—	$104M
Q3 23	—	$106M
Q4 23	—	$112M
Q1 24	—	$109M
Q2 24	—	$105M
Q3 24	—	$97M
Q4 24	—	$97M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$161M	$0	$161M
Q2 23	$187M	$0	$187M
Q3 23	$194M	$0	$194M
Q4 23	$155M	$0	$155M
Q1 24	$131M	$0	$131M
Q2 24	$109M	$0	$109M
Q3 24	$94M	$0	$94M
Q4 24	$98M	$0	$98M
Q1 25	$79M	$0	$79M
Q2 25	$69M	$0	$69M
Q3 25	$51M	$0	$51M
Q4 25	$70M	$0	$70M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	2M	+5.0%
Q2 23	2M	+4.4%
Q3 23	2M	+5.6%
Q4 23	2M	+8.2%
Q1 24	2M	+8.4%
Q2 24	2M	-1.5%
Q3 24	2M	+2.1%
Q4 24	2M	+0.2%
Q1 25	2M	+8.7%
Q2 25	2M	+13.2%
Q3 25	3M	+6.3%
Q4 25	2M	-6.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 18	—	—
FY 19	—	—
FY 20	$121M	3
FY 21	$686K	800
FY 22	$700K	732
FY 23	$767K	584
FY 24	$931K	439
FY 25	$728K	451