Filing Flows › Marketwise (MKTW) › Q4 2025
Marketwise (MKTW) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 6, 2026
Marketwise (MKTW) reported revenue of $83.4M for the fourth quarter 2025 (Q4 2025), -14% from a year earlier and +3% from the quarter before. Operating margin was 15.8%, net earnings $1.9M (2.3% of revenue).
Marketwise, Q4 2025: revenue $83.4M (-14% year over year), operating margin 15.8%, net earnings $1.9M, operating cash flow $24.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $83.4M | +3% | -14% |
| Operating profit | $13.2M | -26% | -46% |
| Net earnings | $1.9M | +28% | -10% |
| Operating cash flow | $24.2M | 11× | +305% |
| Free cash flow | $24.0M | 11× | +307% |
What changed
Revenue was $83.4M in Q4 2025, down 14% year over year and up 3% from the previous quarter.
Operating profit was $13.2M, a 15.8% margin (down 9.0 points year over year). Total costs fell 4% while revenue fell 14%. The fastest-growing cost line was General & admin (+13%). Net earnings were $1.9M, down 10% year over year. The effective tax rate was -1.2%.
Operating cash flow was $24.2M (up 305% year over year), 173% of net income including minority interests. Non-cash charges added back $504K of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $7.1M. Capital expenditures of $213K left free cash flow of $24.0M.
Questions
What was Marketwise's revenue in the fourth quarter 2025?
Marketwise (MKTW) reported revenue of $83.4M for the fourth quarter 2025 (Q4 2025), -14% from a year earlier and +3% from the quarter before.
Was Marketwise profitable in the fourth quarter 2025?
Operating profit was $13.2M (15.8% of revenue) and net earnings $1.9M.
Source: Marketwise 10-K on SEC EDGAR.