MarketWise Q2 FY26 net loss widens to $2.6 million; revenue falls 5.2% to $75.8 million
MKTW•Q2 FY26 financial results
MarketWise posted a net loss of USD 2.6 million in Q2 2026, swinging from net income of USD 15.31 million a year earlier.
Total net revenue fell 5.2% year over year to USD 75.81 million, while total Billings rose 56.7% to USD 91.16 million.
Operating loss was USD 4.26 million, swinging from operating income of USD 14.81 million.
Cash flow and subscriber trends
Cash from operating activities increased 25.7% to USD 22.42 million, lifting free cash flow 22.3% to USD 21.4 million.
Paid subscribers rose 1.5% to 399,866; ARPU jumped 73.3% to USD 822, while active free subscribers fell 6.1% to 2,113,005.
