Growth Metrics

Marketwise (MKTW) Operating Expenses (2020 - 2026)

Marketwise recorded quarterly Operating Expenses of $78.1 million in Q1 2026, up 11.27% quarter-over-quarter from $70.2 million in Q4 2025, and up 17.08% year-over-year from $66.7 million in Q1 2025.

Marketwise's Operating Expenses history runs 7 years deep, the most recent figure standing at $78.1 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 17.08% year-over-year to $78.1 million; the TTM figure through Mar 2026 stood at $276.9 million (down 7.38% YoY), while the FY2025 annual figure was $265.5 million, down 16.95% from the prior year.
  • Operating Expenses came in at $78.1 million for Q1 2026 at Marketwise, up from $70.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $119.4 million in Q1 2022 to a low of $63.5 million in Q3 2025.
  • A 5-year average of $87.3 million and a median of $87.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 83.75% in 2022 and gained 17.08% in 2026, its largest moves.
  • Marketwise's Operating Expenses stood at $102.9 million in 2022, then increased by 7.8% to $110.9 million in 2023, then slumped by 33.93% to $73.3 million in 2024, then declined by 4.19% to $70.2 million in 2025, then climbed by 11.27% to $78.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $78.1 million, $70.2 million, and $63.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 2.34 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 570.40 Mn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 1.31 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 1.16 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 750.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 1.43 Bn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 393.90 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 223.30 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 1.00 Bn
10 Marketwise 42.94 Mn -224.38 Mn 65.88 Mn 78.13 Mn

Historic Data

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DateValue
Mar 31, 2026 78.13 Mn
Dec 31, 2025 70.21 Mn
Sep 30, 2025 63.45 Mn
Jun 30, 2025 65.14 Mn
Mar 31, 2025 66.73 Mn
Dec 31, 2024 73.28 Mn
Sep 30, 2024 75.28 Mn
Jun 30, 2024 83.71 Mn
Mar 31, 2024 87.44 Mn
Dec 31, 2023 110.92 Mn
Sep 30, 2023 95.11 Mn
Jun 30, 2023 94.73 Mn
Mar 31, 2023 95.63 Mn
Dec 31, 2022 102.89 Mn
Sep 30, 2022 98.21 Mn
Jun 30, 2022 104.64 Mn
Mar 31, 2022 119.38 Mn
Dec 31, 2021 117.41 Mn
Sep 30, 2021 513.73 Mn
Jun 30, 2021 151.06 Mn
Mar 31, 2021 734.58 Mn
Dec 31, 2020 481.19 Mn
Sep 30, 2020 165.48 Mn