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MarketWise — Q3 2026 Earnings Summary

  • Q3 2026 Billings rose 27% year-over-year to $80.7 million, while Net Revenue declined 1.5% to $80.1 million; operating cash flow surged 261.5% to $7.8 million with a CFFO margin of 9.8%.
  • Management affirmed full-year 2026 targets of ~$330 million in Billings and $50 million in CFFO, projecting Net Revenue stabilization in 2026 with growth resuming in 2027.
  • Strategic pivot focuses on higher-priced products and retention, evidenced by a 52% increase in ARPU to $860 and a shift from acquisition investment to monetization.
  • Capital return includes a $1.80 per share dividend target for FY 2026 and $12.2 million in stock repurchases year-to-date, alongside $27.4 million in cash with no debt.
Company
MARKETWISE INC
Sector
Technology
Industry
Software - Application