MarketWise delivered a strong second quarter in 2025, with net revenue reaching $80.0 million and net income at $15.3 million. The company demonstrated robust cash generation, with cash from operating activities significantly improving to $17.8 million. Adjusted billings saw a 10% year-over-year increase, indicating healthy demand for its products.
MarketWise, Inc. experienced a decline in total net revenue to $83.5 million in Q1 2025 from $109.0 million in Q1 2024, primarily due to decreases in term and membership subscription revenue. Net income also fell to $16.8 million from $22.7 million year-over-year. However, cash from operating activities showed a significant improvement, moving from a negative $18.5 million in Q1 2024 to a positive $1.7 million in Q1 2025.
MarketWise reported a net income of $26.4 million for Q4 2024, a significant increase from $1.9 million in Q4 2023, despite a decrease in total net revenue to $97.5 million from $112.2 million in the prior year's quarter. Full year 2024 net income was $93.1 million on $408.7 million in revenue.