2026-03-25 20:23:16
Marchex, Inc. Reports Q4 and Full Year 2025 Results; Announces Archenia Acquisition Update
Expected Stock impact: Slightly Positive
Marchex, Inc. (NASDAQ: MCHX) announced its financial results for the fourth quarter and full year ended December 31, 2025, revealing a GAAP revenue of $10.8 million for Q4 2025, down from $11.9 million in Q4 2024. For the full year, GAAP revenue totaled $45.4 million, compared to $48.1 million in 2024. The company reported a net loss of $2.3 million for Q4 2025, or $(0.05) per diluted share, compared to a net loss of $1.9 million, or $(0.04) per diluted share, in the same quarter of the previous year. For the full year, the net loss was $5.2 million, or $(0.12) per diluted share, compared to a net loss of $4.9 million, or $(0.11) per diluted share, in 2024. Adjusted EBITDA for Q4 2025 was a loss of $1.2 million, which included $1.6 million in reorganization costs. The company also provided an update on its proposed acquisition of Archenia, Inc., stating that a special committee of independent directors has approved the agreement in principle to acquire 100% of Archenia's stock. The transaction is expected to close in June 2026, pending approval from Marchex's disinterested stockholders. Marchex's leadership expressed optimism about leveraging AI capabilities and the potential for revenue growth following the acquisition. The company anticipates that revenue for Q1 2026 will reflect the migration revenue dilution from the platform switch, but expects to see sequential revenue increases throughout the year.
