MarketWise, Inc. (NASDAQ: MKTW) reported financial results for Q2 2025. Total net revenue was $80.0 million, with total billings of $58.2 million, a 10% increase year-over-year. Cash from Operating Activities was $17.8 million, and cash and cash equivalents were $69.1 million. A quarterly and special dividend totaling $0.40 per Class A share was announced.

MarketWise CEO Dr. David Eifrig praised the results for the quarter. Cash from Operating Activities exceeded $17 million, with Adjusted CFFO Margins over 30%. While Q2 Billings were down sequentially, they were up over 10% year-over-year. Q3 started strong with July Billings exceeding the Q2 average.

For FY 2025, MarketWise is on track to achieve targets with a strong balance sheet of $69 million in cash and no debt. Paid Subscribers were 394, total net revenue was $80.0 million, and ARPU was $474. Net income was $15.3 million, with Adjusted CFFO of $17.8 million and Free Cash Flow of $17.5 million.

The company’s stock repurchase program repurchased 117,673 shares for $1.9 million. MarketWise’s Class A common stock trades on Nasdaq under “MKTW.” The company had 2,357,128 Class A common shares and 13,612,641 Class B common shares outstanding as of June 30, 2025.

MarketWise’s balance sheet as of June 30, 2025, showed a cash balance of $69.1 million. Interest income earned for the six months ended June 30, 2025, was $1.7 million. The company’s Board of Directors declared a quarterly cash dividend of $0.20 per Class A share and a special dividend of $0.20 per share, payable on September 25, 2025.

MarketWise expects Billings to increase by 20% in FY 2025, with Cash from Operating Activities and Free Cash Flow around $30 million. Dividends to Class A shareholders are estimated to be $1.60 to $1.80 per share, including quarterly dividends and additional dividends for tax distributions.

Founded to empower self-directed investors, MarketWise is a digital subscription platform offering financial research, education, and tools. With over 25 years of experience, MarketWise serves millions of subscribers and aims to become the leading financial solutions platform for investors.

Read more at GlobeNewswire: MarketWise Reports Net Revenue of $80.0 Million for Second