---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-017408"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:33:27.011334+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MarketWise Q1 revenue down 7.7% to $126.2M; initiates $0.01 quarterly dividend

## Summary
- Revenue $126.2M, down 7.7% YoY; billings $97.2M, down 28.5% YoY.
- Net income $30.6M, up 32.9% YoY; paid subscribers 777K, down 14.5% YoY.
- Board approved quarterly cash dividend of $0.01/share on Class A common stock, first payment July 20, 2023 to holders of record June 1, 2023.
- Total dividend payment to Class A stockholders ~$0.4M; distribution to common unit holders ~$2.9M.
- Company intends to pay quarterly dividends going forward, subject to Board approval.

## SEC filing metadata
- accession: 0001628280-23-017408
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023017408/0001628280-23-017408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023017408/mktw-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-017408
- JSON: https://secwatch.observer/filing/0001628280-23-017408.json
- Plain text: https://secwatch.observer/filing/0001628280-23-017408.txt

## Key facts
- Earnings Releases
  MARKETWISE, INC. reported first quarter ended March 31, 2023 results: revenue $126.2 Million, net income $30.6 Million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $126.2 Million
  - Net income: $30.6 Million
  - Result: reported results
  source text: MarketWise Reports Financial Results for First Quarter 2023 ~ Revenues of $126.2 Million ~ ~ Billings of $97.2 Million ~ ~ Net Income of $30.6 Million ~
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805651/000162828023017408/0001628280-23-017408-index.htm

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