MarketWise, Inc. (MKTW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 77.03M | 83.39M | 81.27M | 79.95M | 83.51M | 97.48M | 97.19M | 105.05M | 108.99M | 112.16M | 106.15M | 103.64M | 126.23M | 127.66M | 119.93M | 128.01M | 136.8M | 146.67M | 140.67M | 142.13M |
| Revenue Growth % | -7.76% | -14.45% | -16.38% | -23.89% | -23.38% | -13.09% | -8.44% | 1.35% | -13.66% | -12.14% | -11.49% | -19.04% | -7.72% | -12.96% | -14.74% | -9.93% | 14.27% | 37.28% | - | - |
| Cost of Goods Sold | 11.15M | 10.85M | 10.73M | 10.95M | 11.94M | 11.01M | 12.9M | 13.38M | 13.37M | 13.06M | 13.81M | 14.63M | 15.29M | 14.37M | 14.48M | 16.23M | 17.62M | 17.59M | 62.02M | 26.83M |
| COGS % of Revenue | 14.47% | 13.01% | 13.21% | 13.7% | 14.29% | 11.3% | 13.28% | 12.74% | 12.27% | 11.65% | 13.01% | 14.12% | 12.11% | 11.26% | 12.07% | 12.68% | 12.88% | 11.99% | 44.09% | 18.87% |
| Gross Profit | 65.88M | 72.54M | 70.54M | 69M | 71.57M | 86.46M | 84.28M | 91.67M | 95.62M | 99.09M | 92.34M | 89.01M | 110.94M | 113.29M | 105.45M | 111.78M | 119.18M | 129.08M | 78.64M | 115.3M |
| Gross Margin % | 85.53% | 86.99% | 86.79% | 86.3% | 85.71% | 88.7% | 86.72% | 87.26% | 87.73% | 88.35% | 86.99% | 85.88% | 87.89% | 88.74% | 87.92% | 87.32% | 87.12% | 88.01% | 55.91% | 81.13% |
| Gross Profit Growth % | -7.95% | -16.1% | -16.31% | -24.73% | -25.15% | -12.74% | -8.72% | 2.99% | -13.81% | -12.53% | -12.44% | -20.37% | -6.91% | -12.24% | 34.09% | -3.05% | 1009.92% | 510.47% | - | - |
| Operating Expenses | 66.98M | 59.36M | 52.72M | 54.19M | 54.79M | 62.27M | 62.38M | 70.33M | 74.07M | 97.85M | 81.3M | 80.09M | 80.33M | 88.52M | 83.73M | 88.41M | 101.76M | 99.82M | 451.71M | 124.24M |
| OpEx % of Revenue | 86.95% | 71.18% | 64.87% | 67.78% | 65.61% | 63.88% | 64.19% | 66.95% | 67.96% | 87.25% | 76.59% | 77.27% | 63.64% | 69.34% | 69.81% | 69.07% | 74.39% | 68.06% | 321.12% | 87.41% |
| Selling, General & Admin | 63.86M | 57.11M | 49.57M | 51.37M | 51.41M | 54.48M | 59.12M | 67.24M | 71.1M | 93.45M | 77.47M | 76.66M | 76.76M | 85.41M | 80.62M | 85.41M | 98.88M | 97.57M | 448.94M | 121.61M |
| SG&A % of Revenue | 82.91% | 68.48% | 61% | 64.25% | 61.56% | 55.89% | 60.84% | 64.01% | 65.23% | 83.32% | 72.98% | 73.97% | 60.81% | 66.9% | 67.22% | 66.72% | 72.28% | 66.52% | 319.15% | 85.57% |
| Research & Development | 2.33M | 2.19M | 2.53M | 2.14M | 2.35M | 2.97M | 2.61M | 2.17M | 2.15M | 2.05M | 2.08M | 2.23M | 2.46M | 2.08M | 2.17M | 2.29M | 2.28M | 1.65M | 2.14M | 1.93M |
| R&D % of Revenue | 3.02% | 2.62% | 3.11% | 2.68% | 2.81% | 3.05% | 2.69% | 2.07% | 1.97% | 1.83% | 1.96% | 2.15% | 1.95% | 1.63% | 1.81% | 1.79% | 1.67% | 1.12% | 1.52% | 1.36% |
| Other Operating Expenses | 791K | 64K | 620K | 678K | 1000K | 1000K | 644K | 926K | 820K | 1000K | 1000K | 1000K | 1000K | 1000K | 932K | 710K | 604K | 600K | 629K | 696K |
| Operating Income | -1.1M | 13.19M | 17.82M | 14.81M | 16.78M | 24.2M | 21.9M | 21.33M | 21.55M | 1.24M | 11.04M | 8.92M | 30.61M | 24.77M | 21.73M | 23.37M | 17.42M | 29.27M | -373.06M | -8.93M |
| Operating Margin % | -1.42% | 15.81% | 21.93% | 18.53% | 20.09% | 24.82% | 22.54% | 20.31% | 19.78% | 1.1% | 10.4% | 8.61% | 24.25% | 19.4% | 18.12% | 18.26% | 12.73% | 19.95% | -265.21% | -6.29% |
| Operating Income Growth % | -106.53% | -45.51% | -18.64% | -30.58% | -22.15% | 1857.69% | 98.35% | 139.2% | -29.58% | -95.01% | -49.18% | -61.84% | 75.71% | -15.38% | 105.82% | 361.64% | 102.83% | 107.82% | - | - |
| EBITDA | -578K | 13.69M | 18.09M | 15.31M | 17.31M | 24.95M | 22.54M | 22M | 22.25M | 2.08M | 12.04M | 9.77M | 31.45M | 25.8M | 22.43M | 23.85M | 18.5M | 29.86M | -372.44M | -8.34M |
| EBITDA Margin % | -0.75% | 16.41% | 22.25% | 19.15% | 20.73% | 25.6% | 23.19% | 20.95% | 20.41% | 1.85% | 11.35% | 9.42% | 24.91% | 20.21% | 18.7% | 18.63% | 13.53% | 20.36% | -264.76% | -5.87% |
| EBITDA Growth % | -103.34% | -45.14% | -19.75% | -30.41% | -22.19% | 1100.82% | 87.14% | 125.28% | -29.26% | -91.95% | -46.31% | -59.06% | 69.98% | -13.6% | 106.02% | 386.05% | 103.01% | 107.99% | - | - |
| D&A (Non-Cash Add-back) | 518K | 504K | 266K | 500K | 531K | 756K | 635K | 669K | 693K | 842K | 1M | 848K | 841K | 1.04M | 703K | 482K | 1.08M | 600K | 629K | 594K |
| EBIT | -1.1M | 13.19M | 18.98M | 14.81M | 17.16M | 28.64M | 21.9M | 21.33M | 21.55M | 3.23M | 11.63M | 8.92M | 30.61M | 24.77M | 21.73M | 23.37M | 24.72M | 45.44M | -373.06M | -8.93M |
| Net Interest Income | 510K | 0 | 0 | 769K | 941K | 1.1M | 1.19M | 1.34M | 1.66M | 1.84M | 1.51M | 1.01M | 538K | 277K | -183K | -218K | -171K | -127K | 5K | 7K |
| Interest Income | 510K | 0 | 0 | 769K | 941K | 1.1M | 1.19M | 1.34M | 1.66M | 1.84M | 1.51M | 1.01M | 538K | 277K | 0 | 0 | 0 | 0 | 5K | 7K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 183K | 218K | 171K | 127K | 0 | 0 |
| Other Income/Expense | 604K | 629K | 1.16M | 1.11M | 1.1M | 2.98M | 1.82M | 685K | 1.89M | 424K | 1.69M | 1.25M | 925K | 381K | -3.83M | 11.71M | 7.13M | 5.89M | 9.86M | 537K |
| Pretax Income | -492K | 13.81M | 18.98M | 15.92M | 17.88M | 27.18M | 23.72M | 22.02M | 23.45M | 1.66M | 12.73M | 10.17M | 31.53M | 25.15M | 17.89M | 35.08M | 24.55M | 35.15M | -363.2M | -8.4M |
| Pretax Margin % | -0.64% | 16.56% | 23.36% | 19.92% | 21.41% | 27.88% | 24.41% | 20.96% | 21.51% | 1.48% | 12% | 9.81% | 24.98% | 19.7% | 14.92% | 27.4% | 17.94% | 23.97% | -258.2% | -5.91% |
| Income Tax | 62K | -161K | 1.07M | 613K | 1.04M | 766K | 973K | 779K | 735K | -243K | 691K | 427K | 928K | -2.46M | 1.38M | 1.04M | 1.52M | -727K | 3.08M | 0 |
| Effective Tax Rate % | -12.6% | -1.17% | 5.63% | 3.85% | 5.81% | 2.82% | 4.1% | 3.54% | 3.13% | -14.64% | 5.43% | 4.2% | 2.94% | -9.76% | 7.73% | 2.96% | 6.2% | -2.07% | -0.85% | 0% |
| Net Income | -573K | 1.93M | 1.5M | 1.3M | 890K | 2.14M | 1.72M | 1.54M | 1.66M | 139K | 140K | 36K | 1.47M | 4.3M | -4.01M | 11.88M | 5.83M | 8.57M | -399.53M | -7.89M |
| Net Margin % | -0.74% | 2.31% | 1.85% | 1.62% | 1.07% | 2.19% | 1.77% | 1.47% | 1.52% | 0.12% | 0.13% | 0.03% | 1.16% | 3.37% | -3.35% | 9.28% | 4.26% | 5.84% | -284.03% | -5.55% |
| Net Income Growth % | -164.38% | -9.82% | -12.5% | -16% | -46.29% | 1438.13% | 1128.57% | 4188.89% | 12.95% | -96.76% | 103.49% | -99.7% | -74.82% | -49.88% | 99% | 250.49% | 100.95% | 102.29% | - | - |
| Net Income (Continuing) | -554K | 13.97M | 17.91M | 15.31M | 16.84M | 26.41M | 22.75M | 21.24M | 22.71M | 1.9M | 12.04M | 9.74M | 30.61M | 27.6M | 16.51M | 34.04M | 23.02M | 35.88M | -366.29M | -8.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -214.65M | -201.94M | -211.43M | -211.26M | -201.93M | -205.39M | -227.64M | -240.29M | -260.02M | -277.86M | -233.34M | -242.84M | -248.03M | -277.19M | -300.36M | -321.16M | -342.37M | -356.72M | -383.57M | -7.02M |
| EPS (Diluted) | -0.23 | 0.79 | 0.58 | 0.53 | 0.41 | 1.08 | 0.87 | 0.80 | 0.84 | 0.08 | 0.08 | 0.02 | 0.96 | 2.96 | -3.41 | 10.60 | 4.80 | 4.54 | -211.39 | -3.05 |
| EPS Growth % | -156.1% | -26.85% | -33.33% | -33.75% | -51.19% | 1313.61% | 945.67% | 3439.82% | -12.68% | -97.42% | 102.44% | -99.79% | -79.96% | -34.8% | 98.39% | 447.54% | 102.02% | 103.14% | - | - |
| EPS (Basic) | -0.23 | 0.83 | 0.60 | 0.55 | 0.43 | 1.08 | 0.88 | 0.81 | 0.90 | 0.08 | 0.09 | 0.02 | 1.01 | 2.96 | -3.41 | 10.66 | 4.88 | 4.54 | -211.39 | -3.05 |
| Diluted Shares Outstanding | 2.49M | 2.44M | 2.6M | 2.44M | 2.16M | 1.99M | 1.98M | 1.94M | 1.97M | 1.82M | 1.68M | 1.59M | 1.52M | 1.45M | 1.18M | 1.11M | 1.19M | 1.89M | 1.89M | 2.59M |
| Basic Shares Outstanding | 2.49M | 2.33M | 2.49M | 2.36M | 2.05M | 1.98M | 1.95M | 1.91M | 1.84M | 1.82M | 1.65M | 1.53M | 1.46M | 1.45M | 1.18M | 1.11M | 1.19M | 1.89M | 1.89M | 2.59M |
| Dividend Payout Ratio | - | 50.52% | 69.37% | 59.52% | 223.15% | 18.38% | 22.62% | 24.68% | 20.7% | 3917.27% | 213.57% | - | - | - | - | - | - | - | - | - |