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Side-by-side financial comparison of MARKETWISE, INC. (MKTW) and IMPINJ INC (PI). Click either name above to swap in a different company.

MARKETWISE, INC. is the larger business by last-quarter revenue ($83.4M vs $74.3M, roughly 1.1× IMPINJ INC). IMPINJ INC runs the higher net margin — 11.2% vs 2.3%, a 8.9% gap on every dollar of revenue. On growth, IMPINJ INC posted the faster year-over-year revenue change (-0.0% vs -14.4%). MARKETWISE, INC. produced more free cash flow last quarter ($45.6M vs $2.2M). Over the past eight quarters, MARKETWISE, INC.'s revenue compounded faster (-12.5% CAGR vs -14.9%).

MarketWise Inc. is a leading provider of investment research, financial market data, and wealth management education solutions. It serves both retail and institutional investors across North America, Europe, and the Asia-Pacific region, offering actionable market insights, portfolio analysis tools, and specialized multi-asset research.

Impinj, Inc. is an American manufacturer of radio-frequency identification (RFID) devices and software. The company was founded in 2000 and is headquartered in Seattle, Washington. The company was started based on the research done at the California Institute of Technology by Carver Mead and Chris Diorio. Impinj currently produces EPC Class 1, Gen 2 passive UHF RFID chips, RFID readers, RFID reader chips, and RFID antennas, and software applications for encoding chips, and gathering business ...

MKTW vs PI — Head-to-Head

Bigger by revenue
MKTW
MKTW
1.1× larger
MKTW
$83.4M
$74.3M
PI
Growing faster (revenue YoY)
PI
PI
+14.4% gap
PI
-0.0%
-14.4%
MKTW
Higher net margin
PI
PI
8.9% more per $
PI
11.2%
2.3%
MKTW
More free cash flow
MKTW
MKTW
$43.3M more FCF
MKTW
$45.6M
$2.2M
PI
Faster 2-yr revenue CAGR
MKTW
MKTW
Annualised
MKTW
-12.5%
-14.9%
PI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MKTW
MKTW
PI
PI
Revenue
$83.4M
$74.3M
Net Profit
$1.9M
$8.3M
Gross Margin
87.0%
49.1%
Operating Margin
15.8%
30.5%
Net Margin
2.3%
11.2%
Revenue YoY
-14.4%
-0.0%
Net Profit YoY
-9.8%
EPS (diluted)
$0.79
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MKTW
MKTW
PI
PI
Q1 26
$74.3M
Q4 25
$83.4M
$92.8M
Q3 25
$81.3M
$96.1M
Q2 25
$80.0M
$97.9M
Q1 25
$83.5M
$74.3M
Q4 24
$97.5M
$91.6M
Q3 24
$97.2M
$95.2M
Q2 24
$105.0M
$102.5M
Net Profit
MKTW
MKTW
PI
PI
Q1 26
$8.3M
Q4 25
$1.9M
$-1.1M
Q3 25
$1.5M
$-12.8M
Q2 25
$1.3M
$11.6M
Q1 25
$890.0K
$-8.5M
Q4 24
$2.1M
$-2.7M
Q3 24
$1.7M
$221.0K
Q2 24
$1.5M
$10.0M
Gross Margin
MKTW
MKTW
PI
PI
Q1 26
49.1%
Q4 25
87.0%
51.8%
Q3 25
87.0%
50.3%
Q2 25
86.3%
57.8%
Q1 25
85.7%
49.4%
Q4 24
88.7%
50.5%
Q3 24
86.7%
50.0%
Q2 24
87.3%
56.1%
Operating Margin
MKTW
MKTW
PI
PI
Q1 26
30.5%
Q4 25
15.8%
-2.9%
Q3 25
21.9%
0.7%
Q2 25
18.5%
11.1%
Q1 25
20.1%
-12.9%
Q4 24
24.8%
-3.9%
Q3 24
22.5%
-0.8%
Q2 24
20.3%
8.8%
Net Margin
MKTW
MKTW
PI
PI
Q1 26
11.2%
Q4 25
2.3%
-1.2%
Q3 25
1.9%
-13.3%
Q2 25
1.6%
11.8%
Q1 25
1.1%
-11.4%
Q4 24
2.2%
-2.9%
Q3 24
1.8%
0.2%
Q2 24
1.5%
9.7%
EPS (diluted)
MKTW
MKTW
PI
PI
Q1 26
$0.14
Q4 25
$0.79
$-0.02
Q3 25
$0.58
$-0.44
Q2 25
$0.53
$0.39
Q1 25
$0.41
$-0.30
Q4 24
$1.06
$-0.06
Q3 24
$0.87
$0.01
Q2 24
$0.80
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MKTW
MKTW
PI
PI
Cash + ST InvestmentsLiquidity on hand
$70.1M
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$-11.7M
Total Assets
$218.4M
$502.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKTW
MKTW
PI
PI
Q1 26
$131.8M
Q4 25
$70.1M
$175.3M
Q3 25
$50.5M
$190.1M
Q2 25
$69.1M
$193.2M
Q1 25
$79.2M
$147.9M
Q4 24
$97.9M
$164.7M
Q3 24
$94.1M
$170.3M
Q2 24
$109.3M
$220.2M
Total Debt
MKTW
MKTW
PI
PI
Q1 26
$241.5M
Q4 25
$280.9M
Q3 25
$280.4M
Q2 25
Q1 25
Q4 24
$283.5M
Q3 24
Q2 24
Stockholders' Equity
MKTW
MKTW
PI
PI
Q1 26
Q4 25
$-11.7M
$209.2M
Q3 25
$-14.5M
$195.0M
Q2 25
$-15.8M
$187.7M
Q1 25
$-15.8M
$160.6M
Q4 24
$-12.5M
$149.9M
Q3 24
$-19.5M
$136.1M
Q2 24
$-23.7M
$117.0M
Total Assets
MKTW
MKTW
PI
PI
Q1 26
$502.5M
Q4 25
$218.4M
$545.2M
Q3 25
$201.7M
$516.5M
Q2 25
$211.8M
$508.8M
Q1 25
$239.6M
$479.8M
Q4 24
$259.5M
$489.1M
Q3 24
$278.4M
$476.4M
Q2 24
$315.3M
$446.1M
Debt / Equity
MKTW
MKTW
PI
PI
Q1 26
Q4 25
1.34×
Q3 25
1.44×
Q2 25
Q1 25
Q4 24
1.89×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MKTW
MKTW
PI
PI
Operating Cash FlowLast quarter
$46.0M
Free Cash FlowOCF − Capex
$45.6M
$2.2M
FCF MarginFCF / Revenue
54.6%
3.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
23.84×
TTM Free Cash FlowTrailing 4 quarters
$67.1M
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MKTW
MKTW
PI
PI
Q1 26
Q4 25
$46.0M
$15.1M
Q3 25
$2.2M
$20.9M
Q2 25
$17.8M
$33.9M
Q1 25
$1.7M
$-11.1M
Q4 24
$-22.1M
$12.6M
Q3 24
$-5.8M
$10.1M
Q2 24
$-3.8M
$45.5M
Free Cash Flow
MKTW
MKTW
PI
PI
Q1 26
$2.2M
Q4 25
$45.6M
$13.6M
Q3 25
$2.2M
$18.0M
Q2 25
$17.7M
$27.3M
Q1 25
$1.7M
$-13.0M
Q4 24
$-22.3M
$8.5M
Q3 24
$-5.9M
$4.7M
Q2 24
$-3.8M
$44.1M
FCF Margin
MKTW
MKTW
PI
PI
Q1 26
3.0%
Q4 25
54.6%
14.7%
Q3 25
2.7%
18.7%
Q2 25
22.2%
27.9%
Q1 25
2.0%
-17.5%
Q4 24
-22.9%
9.3%
Q3 24
-6.0%
4.9%
Q2 24
-3.6%
43.0%
Capex Intensity
MKTW
MKTW
PI
PI
Q1 26
Q4 25
0.5%
1.6%
Q3 25
0.0%
3.1%
Q2 25
0.1%
6.7%
Q1 25
0.1%
2.5%
Q4 24
0.1%
4.5%
Q3 24
0.0%
5.7%
Q2 24
0.0%
1.3%
Cash Conversion
MKTW
MKTW
PI
PI
Q1 26
Q4 25
23.84×
Q3 25
1.44×
Q2 25
13.76×
2.93×
Q1 25
1.95×
Q4 24
-10.36×
Q3 24
-3.39×
45.56×
Q2 24
-2.46×
4.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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