Marketwise Inc

MarketWise reported second quarter 2026 billings of $91.2 million, a 57% year-over-year increase and the highest quarterly billings since 2023. Cash from operating activities rose 25.7% to $22.4 million, while total net revenue was $75.8 million and the company posted a net loss of $2.6 million. Paid subscribers grew to 400,000 as of June 30, 2026, up from 381,000 at the end of the prior quarter, and active free subscribers reached 2.1 million. The company raised its full-year 2026 billings guidance by 10% to $330 million, representing a 21.7% increase over fiscal 2025, and affirmed its dividend target of $1.80 per Class A share.

MarketWise announced its Board of Directors declared a quarterly cash dividend of $0.45 per share on Class A common stock on August 4, 2026. A distribution of $0.25 per unit was also approved for holders of MarketWise, LLC units. The company recharacterized a $0.20 portion of the dividend, previously labeled as special, as regular due to the mechanical nature of excess tax distributions and the expectation they will continue. The dividend and distribution will be paid on September 30, 2026, with a record date of August 19, 2026.

MarketWise shares surged 6.4% in extended trading Thursday after the company reported a 56% year-over-year jump in second-quarter billings to approximately 91 million dollars and raised its full-year billings guidance by 10%. Billings for the second quarter was its highest quarterly total since 2023. Paid subscribers reached 400 thousand at June 30, up from 374 thousand at December 31, 2025, while active free subscribers stood at 2.1 million. Dividends paid to Class A shareholders during the quarter were 45 cents per share, with no change to the full-year dividend target of 1.80 dollars per share. CEO David Eifrig cited higher customer acquisition, improved retention, and strong conversion of higher-priced products, and the company now targets full-year 2026 billings of 330 million dollars, a 21.7% increase from fiscal 2025.

MarketWise has entered a multi-year Premier Partnership with USA Field Hockey, placing its brand on the front of U.S. National Team uniforms starting with the 2026 FIH Hockey World Cup and continuing through the Los Angeles 2028 Olympic Games. The deal provides exposure across all national team programs. MarketWise CEO Dr. David Eifrig said the partnership allows the company to invest in athletes who embody discipline, teamwork, and the relentless pursuit of excellence. USA Field Hockey CEO Simon Hoskins called the partnership a powerful statement of belief in the athletes and the organization's mission.