Filing Flows › Marketwise (MKTW) › Q1 2025
Marketwise (MKTW) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Marketwise (MKTW) reported revenue of $83.5M for the first quarter 2025 (Q1 2025), -23% from a year earlier and -14% from the quarter before. Operating margin was 20.1%, net earnings $890K (1.1% of revenue).
Marketwise, Q1 2025: revenue $83.5M (-23% year over year), operating margin 20.1%, net earnings $890K, operating cash flow $1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $83.5M | -14% | -23% |
| Operating profit | $16.8M | -31% | -22% |
| Net earnings | $890K | -58% | -46% |
| Operating cash flow | $1.7M | -71% | — |
| Free cash flow | $1.7M | -71% | — |
What changed
Revenue was $83.5M in Q1 2025, down 23% year over year and down 14% from the previous quarter.
Operating profit was $16.8M, a 20.1% margin (up 0.3 points year over year). Total costs fell 24% while revenue fell 23%. The fastest-growing cost line was Other operating costs (+27%). Net earnings were $890K, down 46% year over year. The effective tax rate was 5.8%.
Operating cash flow was $1.7M, 10% of net income including minority interests. Non-cash charges added back $531K of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $18.8M. Capital expenditures of $45K left free cash flow of $1.7M.
Questions
What was Marketwise's revenue in the first quarter 2025?
Marketwise (MKTW) reported revenue of $83.5M for the first quarter 2025 (Q1 2025), -23% from a year earlier and -14% from the quarter before.
Was Marketwise profitable in the first quarter 2025?
Operating profit was $16.8M (20.1% of revenue) and net earnings $890K.
Source: Marketwise 10-Q on SEC EDGAR.