MKTW · XBRL financial data

MarketWise financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MKTW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Revenue	364	549	512	—	—	—
Revenue from contracts with customers	361	548	510	448	409	328
Cost of revenue	155	239	63	57	51	44
Research and development	5	7	9	9	10	9
General and administrative	527	960	115	125	91	78
Operating income (loss)	(539)	(968)	87	52	89	63
Other income (expense)	(3)	16	16	(1)	2	1
Income tax expense (benefit)	0	2	1	2	3	3
Net income (loss)	(538)	(1,013)	18	2	7	6
Earnings per share, basic USD per share	—	—	0.73	0.06	0.18	2.41
Earnings per share, diluted USD per share	—	—	0.73	0.05	0.18	2.31
Weighted average shares, basic millions of shares	—	—	25	32	38	2
Weighted average shares, diluted millions of shares	—	—	25	33	39	2

† Share count changed about 1/16 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (MKTW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Cash and cash equivalents	1	139	159	155	98	70
Accounts receivable	12	8	4	5	2	6
Total current assets	1	246	279	268	169	132
Property and equipment, net	1	1	1	1	1	0
Right-of-use asset	12	11	9	7	3	7
Goodwill	18	23	31	31	30	30
Total assets	415	422	443	397	260	218
Accounts payable	0	—	—	—	—	—
Accrued liabilities	0	46	46	55	23	33
Total current liabilities	0	395	386	374	260	234
Long-term debt	—	—	—	0	—	—
Lease liability, non-current	8	7	6	4	3	5
Total liabilities	68	827	741	685	477	432
Accumulated deficit	(30)	(146)	(128)	(126)	(119)	(114)
Total stockholders' equity	5	(49)	(21)	(11)	(13)	(12)
Total liabilities and equity	415	422	443	397	260	218

† Share count changed about 1/16 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (MKTW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Net income (loss)	(538)	(1,013)	18	2	7	6
Stock-based compensation	19	211	9	23	12	11
Depreciation and amortization	3	3	3	4	3	2
Net cash from operating activities	56	64	48	62	(22)	46
Purchases of property and equipment	0	0	0	0	0	0
Net cash from investing activities	(10)	(8)	(13)	(2)	(1)	(2)
Proceeds from issuing common stock	0	0	1	1	0	0
Share repurchases	0	3	13	0	11	3
Net cash from financing activities	(103)	(31)	(16)	(64)	(34)	(72)
Net change in cash	(57)	25	19	(3)	(57)	(28)

† Share count changed about 1/16 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Marketwise	33	76	22*	not reported	—	Q2 FY26 10-QJun 30, 2026
Dirtt Environmental Solutions	19	45	not reported	196.1M	—	Q3 FY26 10-QSep 30, 2026
BioScience Health Innovations	0.7	1	(0.5)*	11.8M	1.3 quarters	Q2 FY26 10-QJun 30, 2026
Upland Software	29	48	not reported	2.8M	—	Q3 FY26 10-QSep 30, 2026
Neutron Holdings	278	304	not reported	65.0M	—	Q2 FY26 10-QJun 30, 2026
Airwa	11	21	28	4.6M	—	Q1 FY26 10-QJul 31, 2026
Nixxy	0.3	16	(1)*	28.9M	1.8 quarters	Q2 FY26 10-QJun 30, 2026
Stem	38	34	0.3*	9.6M	—	Q2 FY26 10-QJun 30, 2026
Healthcare Triangle	1.9	9.2	(0.8)*	15.0M	2.3 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.