---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-023472"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:14:39.153348+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MarketWise Q1 net revenue down 23% YoY to $83.5M; provides FY2025 targets

## Summary
- Net revenue $83.5M (down 23% YoY); net income $16.8M vs $22.7M; paid subs 473k (down from 683k).
- Total billings $70.5M, up 27% sequentially from Q4 2024; cash from operations improved to $1.7M from -$18.5M.
- FY2025 targets: billings ~$250M (+20% vs annualized 2H24); FCF ~$30M; dividends $1.60-$1.80 per share.
- Quarterly and special dividend totaling $0.30 per Class A share announced; $0.2M in share repurchases to date.

## SEC filing metadata
- accession: 0001628280-25-023472
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1805651/000162828025023472/0001628280-25-023472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828025023472/mktw-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-023472
- JSON: https://secwatch.observer/filing/0001628280-25-023472.json
- Plain text: https://secwatch.observer/filing/0001628280-25-023472.txt

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