---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-009785"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:34:49.119475+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MarketWise FY 2022 revenue down 6.7% to $512.4M; billings drop 37%

## Summary
- FY 2022 revenue $512.4M (-6.7% YoY); billings $459.5M (-37% YoY); net income $101.2M vs loss of $953.9M in FY 2021.
- Q4 2022 revenue $127.7M (-13% YoY); net income $27.6M (-23.1% YoY).
- Paid subscribers 841K (-13.5% YoY); ARPU $519 (-30.1% YoY); free subscribers 15.7M (+14.6% YoY).
- Adjusted CFFO $59.3M (-69.9% YoY); deferred revenue $663.5M (-4.4% YoY).

## SEC filing metadata
- accession: 0001628280-23-009785
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023009785/0001628280-23-009785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023009785/mktw-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-009785
- JSON: https://secwatch.observer/filing/0001628280-23-009785.json
- Plain text: https://secwatch.observer/filing/0001628280-23-009785.txt

## Key facts
- Earnings Releases
  MARKETWISE, INC. reported the fourth quarter and year ended December 31, 2022 results: revenue Total net revenue $512.4 million, net income Net income of $101.2 million.
  - Period: the fourth quarter and year ended December 31, 2022
  - Revenue: Total net revenue $512.4 million
  - Net income: Net income of $101.2 million
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- MarketWise Reports Fourth Quarter and Full Year 2022 Financial Results ~ FY 2022 Revenues of $512.4 Million ~ ~ FY 2022 Billings of $459.5 Million ~ ~ FY 2022 Net Income of $101.2 Million ~ ~ FY 2022 Adjusted CFFO of $59.3 Million ~ BALTIMORE, MD -- (GLOBE NEWSWIRE)—MarketWise, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805651/000162828023009785/0001628280-23-009785-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.