MarketWise, Inc. filed its quarterly report on Form 10-Q with the SEC on November 5, 2026, covering the fiscal quarter ended September 30, 2026, disclosing condensed consolidated financial statements including a balance sheet showing total assets of $185,423 thousand.

Key Highlights

  • Total assets of $185,423 thousand as of September 30, 2026, down from $218,379 thousand as of December 31, 2025, according to the filing.
  • Cash and cash equivalents of $27,388 thousand as of September 30, 2026, compared to $70,140 thousand as of December 31, 2025.
  • Total liabilities of $449,093 thousand as of September 30, 2026, up from $432,004 thousand as of December 31, 2025.
  • Deferred revenue and other contract liabilities totaled $187,034 thousand (current) and $199,585 thousand (noncurrent) as of September 30, 2026.
  • Class A common stock shares outstanding: 2,763,856 as of September 30, 2026, up from 2,445,010 as of December 31, 2025; Class B shares outstanding were 12,981,774, down from 13,612,641.
  • As of November 2, 2026, the registrant reported 2,708,788 shares of Class A common stock and 12,976,774 shares of Class B common stock outstanding.

MarketWise Balance Sheet Shows Declining Assets and Rising Liabilities Through September 2026

MarketWise, Inc. (NASDAQ:MKTW), a Delaware-incorporated financial media and subscription services company headquartered in Baltimore, Maryland, submitted its Form 10-Q for the quarterly period ended September 30, 2026. The filing identifies the company as a non-accelerated filer and smaller reporting company. It is not classified as a shell company or an emerging growth company, according to the filing.

The condensed consolidated balance sheet reported total current assets of $82,932 thousand as of September 30, 2026, a decrease from $131,701 thousand at December 31, 2025. The decline in current assets was driven in part by a reduction in cash and cash equivalents from $70,140 thousand to $27,388 thousand. Accounts receivable fell to $3,101 thousand from $5,722 thousand over the same period. Deferred contract acquisition costs, noncurrent, rose to $51,059 thousand from $34,678 thousand, partially offsetting declines elsewhere on the asset side. Goodwill remained unchanged at $30,043 thousand.

On the liabilities side, total current liabilities were $239,625 thousand as of September 30, 2026, compared to $234,204 thousand at December 31, 2025. Trade and other payables increased to $9,657 thousand from $3,868 thousand. Accrued expenses declined to $26,931 thousand from $33,221 thousand. The filing also disclosed the emergence of a related party Tax Receivable Agreement (TRA) liability, current, of $577 thousand as of September 30, 2026, where none was recorded at December 31, 2025. Additional paid-in capital stood at $78,807 thousand as of September 30, 2026, down from $101,945 thousand at December 31, 2025. The filing notes that forward-looking statements contained in the report are the company's own and are subject to its cautionary language regarding risks and uncertainties.

What Was Disclosed

MarketWise filed a Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited condensed consolidated balance sheet data showing total assets of $185,423 thousand, total liabilities of $449,093 thousand, and share counts for both Class A and Class B common stock.