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

Marketwise has disclosed Cost of Revenue across 7 years of filings, most recently posting $11.1 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $11.1 million, down 67.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $87.3 million (down 13.27% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $34.1 million (2025), against an average of $40.4 million.
• Across the five-year window, Cost of Revenue tumbled 92.89% in 2024 and surged 209.64% in 2025, its largest moves.
• Marketwise's Cost of Revenue stood at $50.4 million in 2022, then soared by 207.23% to $154.9 million in 2023, then sank by 92.89% to $11.0 million in 2024, then soared by 209.64% to $34.1 million in 2025, then tumbled by 67.31% to $11.1 million in 2026.
• The last three Cost of Revenue figures came in at $11.1 million (Q1 2026), $34.1 million (Q4 2025), and $31.1 million (Q3 2025), per Business Quant data.