MKTW at a glance
MARKETWISE, INC. (MKTW, SEC CIK 1805651) filed its latest 10-K annual report on March 6, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 24, 2026 and Form 4 insider filings as recently as July 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), MARKETWISE, INC. (MKTW) reported revenue of $328.1 million (down 19.7% from FY2024) and net income of $5.6 million. Diluted EPS was $2.31.
- As of March 31, 2025, 14 institutional investment managers tracked by SignalX reported holding MARKETWISE, INC. (MKTW) shares worth $1.6 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Galsim Marco on July 1, 2026 of 3,294 shares at $19.14 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $328.1M
- −19.7% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 14 funds
- $1.6M · +4 vs prior quarter
- Latest 8-K
- Sep 24, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Multi-brand subscription platform offering premium financial research, software, education, and tools for self-directed investors
- New emphasis: Software and analytical tools now 52% of Billings in 2025, including Chaikin Power Gauge, TradeStops, and Altimetry platforms
- Strategic shift: Increasing investment in AI and advanced analytics-driven marketing tools for customer acquisition and engagement
- Quantitative highlight: Approximately 374,000 Paid Subscribers with over 67 editors and analysts supporting broad investment coverage
- Noteworthy: Over 50% of 2025 Billings come from subscribers with more than 4 years tenure, reflecting high customer retention
Risk Factors
- Regulatory risk: FTC and state consumer protection agency inquiries on marketing compliance, including social media promotions, with potential fines or lawsuits
- Geopolitical risk: Exposure to ongoing conflicts in Middle East, Russia-Ukraine, China’s economic concerns, risking reduced subscriber demand from market volatility
- Operational risk: Dependence on email communication facing declining usage and legal restrictions limiting outreach to subscribers
- Competitive risk: Intense competition from Yahoo! Finance, Seeking Alpha, The Motley Fool, Bloomberg, and emerging social media platforms like X and Reddit
- Financial risk: Subscription revenue recognized ratably over term causes delayed reflection of new sales impacting quarterly cash flow and profitability
Management Discussion & Analysis
- Revenue $328.1M in 2025, down 19.7% YoY from $408.7M in 2024, driven by $62.1M lower term subscription and $19.5M lower membership revenue
- Operating margin 19.1% in 2025 vs 21.8% in 2024; net income margin 19.5% in 2025 vs 22.8% in 2024, net income $64.0M vs $93.1M
- Best performing segment: Software-related new marketing billings up 22.3% to $199.1M in 2025; Worst: Legacy Research segment wind-down impacting subscriber count (-26% Paid Subscribers) and revenue
- Operating cash flow positive $46.0M in 2025 vs negative $(22.2)M in 2024; no debt, cash $70.1M end 2025; no explicit capex, buyback, or dividend details disclosed
- Forward outlook focuses on subscriber base growth, optimizing marketing spend for efficient customer acquisition, and managing churn from Legacy Research shutdown risks
AI summary of the MKTW 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Total revenue $75.8M, down 5.2% YoY from $80.0M
- Operating margin (5.6%) vs 18.5% YoY; net loss $2.6M vs net income $15.3M
- Billings $91.2M, up 56.7% YoY; new marketing Billings $73.6M, up 77.0%
- Operating cash flow $22.4M, up 25.7% YoY; free cash flow $21.4M, up 22.3%
- Cash $32.9M, no debt; customer-acquisition investment expected to decline in second half 2026
Risk Factors
- No material changes to risk factors disclosed in the Annual Report
- Newly disclosed settlement agreement dated April 21, 2026, with Mark P. Arnold and Jama 2021, LLC
- Acquisition uncertainty from M&C’s $17.25-per-share proposal, contingent on Tax Receivable Agreement termination
- Share repurchase authorization up to $50 million, potentially affecting capital allocation and liquidity
- New repurchase program authorized May 7, 2026, for 12 months and subject to suspension or termination
AI summary of the MKTW 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Updated investor presentation available on MarketWise’s website as of September 24, 2026
- Exhibit 99.1 contains the related press release
Item EX-99.1: Item EX-99.1
- Updated investor presentation posted, covering strategy, recent financial performance, market position, and growth initiatives
- Presentation availability gives investors refreshed management messaging on outlook and cash-flow generation
Item 5.07: Submission of Matters to a Vote of Security Holders
- Shareholders favored annual say-on-pay votes: 7,615,818 votes versus 5,879,057 for triennial votes
- Board adopted annual executive-compensation votes through the next frequency vote, expected at the 2032 Annual Meeting
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026 released August 6, 2026
- Earnings press release furnished as Exhibit 99.1, containing the financial results
AI summaries of MKTW 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for MKTW
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Galsim Marco | Sell | Jul 1, 2026 | 3,294 | $19.14 |
| Forney Scott Daniel | Sell | Jul 1, 2026 | 711 | $19.14 |
| Mickels Erik | Sell | Jul 1, 2026 | 3,973 | $19.14 |
| Turner Matthew Joseph | A | Jun 4, 2026 | 8,127 | - |
| Smith Matthew Tate | A | Jun 4, 2026 | 7,525 | - |
| Stansberry Frank Porter | A | Jun 4, 2026 | 7,525 | - |
| Tongue Glenn H | A | Jun 4, 2026 | 8,127 | - |
| SIMMONS VAN D | A | Jun 4, 2026 | 7,525 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $408.7M | $328.1M |
| Operating Income | - | $89.0M | $62.6M |
| Net Income | $1.8M | $7.1M | $5.6M |
| Op. Margin | - | 21.8% | 19.1% |
| Net Margin | - | 1.7% | 1.7% |
| Balance Sheet | |||
| Total Assets | - | $259.5M | $218.4M |
| Equity | -$11.1M | -$12.5M | -$11.7M |
| ROE | -16.1% | -56.3% | -48.1% |
| Per Share | |||
| EPS | $0.05 | $0.18 | $2.31 |
| Cash Flow | |||
| Operating CF | - | -$22.1M | $46.0M |
| CapEx | $65K | $133K | $391K |
Source: XBRL data in MARKETWISE, INC. (MKTW)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q1 2025Aggregate MKTW share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q1 2025 | 14 | $1.6M |
| Q4 2024 | 10 | $1.7M |
| Q3 2024 | 8 | $1.2M |
- AQR Capital Management+91.3K (+300%)
- FMR LLC (Fidelity)+32.6K (+244%)
- Renaissance Technologies LLC+5.4K (+2%)
- Wells Fargo & Co+765 (+3%)
- Invesco Ltd+525 (+4%)
- Citadel Advisors LLC−59.4K (-55%)
- Northern Trust−33.0K (-11%)
- Vanguard Group Inc−6.8K (-0%)
- BNY Mellon−1.2K (-1%)
- Morgan Stanley+91.1K
- JPMorgan Chase & Co+80.1K
- Goldman Sachs Group+63.3K
- Bank of America Corp+20.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 32 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
MKTW filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 24, 2026 | - | Analysis | - |
| 8-K | Aug 12, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| SC 13G | Jul 29, 2026 | - | - | |
| 8-K | Jul 10, 2026 | - | Analysis | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 8-K | Jun 8, 2026 | - | Analysis | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | May 26, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 12, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 8-K | May 7, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 24, 2026 | - | Analysis | - |
| 8-K | Apr 13, 2026 | - | Analysis | - |
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MKTW SEC filings: frequently asked questions
Which institutions hold MKTW stock?
As of March 31, 2025, the largest MARKETWISE, INC. (MKTW) holders among the 13F filers tracked by SignalX were Vanguard Group Inc ($715,000), State Street Corp ($262,000), Renaissance Technologies LLC ($176,000), Northern Trust ($133,000), AQR Capital Management ($60,000). 13F-HR reports are filed up to 45 days after each quarter ends.
What was MKTW's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), MARKETWISE, INC. (MKTW) reported revenue of $328.1 million (down 19.7% from FY2024) and net income of $5.6 million. Diluted EPS was $2.31. The figures come from the XBRL data in the 10-K.
What are the main risks in MKTW's latest 10-K?
In the 10-K filed March 6, 2026, MARKETWISE, INC. (MKTW) flagged: Regulatory risk: FTC and state consumer protection agency inquiries on marketing compliance, including social media promotions, with potential fines or lawsuits. Geopolitical risk: Exposure to ongoing conflicts in Middle East, Russia-Ukraine, China’s economic concerns, risking reduced subscriber demand from market volatility. (AI summary of the Risk Factors section.)
What did MKTW report in its latest 8-K?
MARKETWISE, INC. (MKTW) filed an 8-K on September 24, 2026 reporting Item 7.01 (Regulation FD Disclosure). Updated investor presentation available on MarketWise’s website as of September 24, 2026.
What are the latest MKTW SEC filings?
MARKETWISE, INC. (MKTW) filed its latest 10-K annual report on March 6, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 24, 2026 and a Form 4 insider filing on July 2, 2026.
What is MKTW's SEC CIK number?
MARKETWISE, INC. (MKTW)'s SEC Central Index Key (CIK) is 1805651. EDGAR lists every MKTW filing under that number.
Ask anything about MKTW
The research agent reads MKTW's filings, financials, insider trades and 13F holders, then answers with sources.