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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›MKTW›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

MARKETWISE, INC. (MKTW) financials

Income statement

MARKETWISE, INC. (MKTW) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$265M$361M$549M$512M$448M$409M$328M
Revenue growth—35.9%52.2%-6.7%-12.5%-8.8%-19.7%
Operating income$25.6M-$539M-$968M$87.3M$51.8M$89.0M$62.6M
Operating margin9.6%-149.3%-176.2%17.0%11.6%21.8%19.1%
Net income$28.0M-$538M-$1.01B$18.0M$1.78M$7.06M$5.62M
Net margin10.5%-149.2%-184.5%3.5%0.4%1.7%1.7%
EPS (diluted)———$0.73$1.07$3.58$2.31

Cash flow

MARKETWISE, INC. (MKTW) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$54.2M$55.9M$63.6M$48.4M$62.4M-$22.1M$46.0M
Capital expenditures$177K$290K$157K$35.0K$65.0K$133K$391K
Free cash flow$54.0M$55.6M$63.5M$48.3M$62.4M-$22.3M$45.6M
Share buybacks$0.00$0.00$3.34M$13.1M$0.00$10.8M$3.38M

Balance sheet

MARKETWISE, INC. (MKTW) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$171M$114M$139M$159M$155M$97.9M$70.1M
Total assets—$285M$422M$443M$397M$260M$218M
Total liabilities—$1.21B$827M$741M$685M$477M$432M
Shareholders' equity—$0.00-$48.5M-$21.2M-$11.1M-$12.5M-$11.7M
Retained earnings—-$140K-$146M-$128M-$126M-$119M-$114M
Shares (wtd avg diluted)—10.3M—24.7M1.67M1.97M2.44M

Every figure is extracted from MARKETWISE, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is MARKETWISE, INC.'s annual revenue?
MARKETWISE, INC. (MKTW) reported $328M of revenue for fiscal year 2025 — down 19.7% from $409M in FY2024, per its annual report filed with the SEC.
Is MARKETWISE, INC. profitable?
Yes — MKTW earned $5.62M of net income in FY2025, a 1.7% net margin, per SEC filings.
What is MARKETWISE, INC.'s free cash flow?
$45.6M in FY2025 (operating cash flow $46.0M minus $391K of capital expenditures), from the SEC cash-flow statement.
Does MKTW pay a dividend?
MARKETWISE, INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full MKTW analysis — verdict, score & filings →Is MKTW a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.