MarketWise, Inc. Reports Preliminary Selected Unaudited First Quarter Results with Paid Subscribers Returning to Growth in First Quarter 2026; Billings Increased Approximately 15% year-over-year to Approximately $81 million; Affirms FY 2026 Guidance, Including Dividend Target to Class A Shareholders of $1.80 per Share
View original at globenewswire.com“As of March 31, 2026, the Company holds cash and cash equivalents of $53 million, compared to $70.1 million at December 31, 2025”
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For FY 2026, we expect tax distributions to decline significantly, at approximately $35 million, or nearly $15 million lower than FY 2025
60% confidenceWe are pleased with the momentum we are seeing in our business with 15% Billings growth to start 2026, which is a continuation of the growth we saw in 2025
60% confidenceWe expect FY 2026 tax distributions to be higher in the first half of the year and lower in the second half
60% confidenceThe 15% year-over-year increase in Billings to approximately $81 million demonstrates real top-of-funnel momentum, and as a leading indicator, gives us increased visibility into future revenue recognition
60% confidenceDue to the timing of tax distribution payments and the higher working capital needs in the first part of each year, we expect overall cash balances to decline in the first half of 2026 before increasing in the second half of 2026
60% confidenceThe return to paid subscriber growth reflects the work our teams have done to sharpen our marketing execution, enhance our product offerings, and re-engage our audience, while maintaining pricing discipline
60% confidence