MarketWise Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	321.64	328.12	408.7	448.18	512.4	549.18
Revenue Growth (YoY)	-16.07%	-19.72%	-8.81%	-12.53%	-6.70%	50.80%
Cost of Revenue	43.55	44.34	50.66	56.8	62.7	239.25
Gross Profit	278.1	283.79	358.04	391.38	449.71	309.93
Selling, General & Admin	221.7	209.25	251.42	323.77	350.14	1,257
Depreciation & Amortization Expenses	2.17	2.19	2.75	3.82	3.09	2.68
Research & Development	8.79	8.81	9.91	8.83	8.82	7.49
Other Operating Expenses	0.71	0.94	4.97	3.16	0.38	10.25
Total Operating Expenses	233.38	221.19	269.05	339.58	362.42	1,278
Operating Income	44.72	62.6	88.99	51.81	87.28	-967.59
Interest Income	2.53	2.96	5.29	4.9	-0.3	-0.11
Other Non-Operating Income (Expense)	0.98	1.04	2.09	-0.61	15.67	-16.18
Total Non-Operating Income (Expense)	3.51	4	7.37	4.29	15.38	-16.29
Pretax Income	48.23	66.6	96.36	56.1	102.66	-983.88
Provision for Income Taxes	1.58	2.56	3.25	1.8	1.49	2.36
Net Income	4.16	5.62	7.06	1.78	17.99	-1,013
Minority Interest in Earnings	42.49	58.42	86.05	52.51	83.18	59.43
Net Income to Common	4.16	5.62	7.06	1.78	17.99	-1,013
Net Income Growth	-33.93%	-20.39%	296.13%	-90.09%	-	-
Shares Outstanding (Basic)	2	2	2	2	1	1
Shares Outstanding (Diluted)	3	2	2	2	1	1
Shares Change (YoY)	25.10%	23.59%	18.38%	35.13%	-1.23%	-
EPS (Basic)	1.71	2.41	3.67	1.12	14.60	4.40
EPS (Diluted)	1.64	2.31	3.58	1.07	14.60	4.20
EPS Growth	-48.10%	-35.48%	234.58%	-92.67%	247.62%	-
Shares Outstanding	2.53	2.45	1.98	1.82	1.45	1.24
Free Cash Flow	41.33	45.57	-22.28	62.36	48.34	63.48
Free Cash Flow Growth	-9.30%	-	-	29.01%	-23.85%	14.19%
Free Cash Flow Per Share	16.36	18.71	-11.31	37.46	39.23	50.88
Dividends Per Share	0.850	0.800	0.800	0.600	-	-
Dividend Growth	6.25%	-	33.33%	-	-	-
Gross Margin	86.46%	86.49%	87.60%	87.33%	87.76%	56.44%
Operating Margin	13.90%	19.08%	21.77%	11.56%	17.03%	-176.19%
Profit Margin	14.50%	19.52%	22.78%	12.11%	19.74%	-173.69%
FCF Margin	12.85%	13.89%	-5.45%	13.91%	9.43%	11.56%
EBITDA	46.89	64.78	91.74	55.63	90.37	-964.92
EBITDA Margin	14.58%	19.74%	22.45%	12.41%	17.64%	-175.70%
EBIT	44.72	62.6	88.99	51.81	87.28	-967.59
EBIT Margin	13.90%	19.08%	21.77%	11.56%	17.03%	-176.19%
Effective Tax Rate	3.28%	3.84%	3.38%	3.21%	1.45%	-0.24%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q