MarketWise posts updated investor deck; 2Q 2026 revenue fell 5%, net loss $2.6M
MarketWise furnished a September 24, 2026 press release and an updated investor presentation under Item 7.01, both posted to its website. The presentation shows second-quarter 2026 GAAP net revenue of $75.8 million, down 5% from a year earlier, and a net loss of $2.6 million, compared with net income of $15.3 million in 2Q 2025, while billings rose 57% to $91.2 million. For shareholders, revenue and profit declined even as billings grew, and the company said it intends to scale back marketing investment in the second half of 2026.
Key points
- 2Q 2026 GAAP net revenue was $75.8 million, versus $79.95 million in 2Q 2025 (down 5%)
- 2Q 2026 net loss was $2.6 million, versus net income of $15.3 million in 2Q 2025
- 2Q 2026 billings were $91.2 million, up 57% year over year; operating cash flow (CFFO) was $22.4 million
- As of June 30, 2026, cash and equivalents were $32.9 million and total debt was $0; 2Q 2026 figures are unaudited
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.