Marketwise (MKTW) Cost of Revenue (2020 - 2026)

Marketwise's Cost of Revenue history runs 7 years deep, the most recent figure standing at $11.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 67.29% year-over-year to $11.1 million; the TTM figure through Mar 2026 stood at $87.3 million (down 13.27% YoY), while the FY2025 annual figure was $131.0 million, up 158.48% from the prior year.
• Cost of Revenue came in at $11.1 million for Q1 2026 at Marketwise, down from $34.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $154.9 million in Q4 2023 to a low of $11.0 million in Q2 2025.
• A 5-year average of $40.4 million and a median of $34.1 million in 2025 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slumped 92.89% in 2024 and soared 209.64% in 2025, its largest moves.
• Marketwise's Cost of Revenue stood at $50.4 million in 2022, then jumped by 207.23% to $154.9 million in 2023, then plunged by 92.89% to $11.0 million in 2024, then jumped by 209.64% to $34.1 million in 2025, then slumped by 67.31% to $11.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $11.1 million, $34.1 million, and $31.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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