Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Marchex, Inc. is an analytical technology and solutions company that assists businesses throughout the United States and Canada in optimizing their customer acquisition journey. The company empowers clients to connect with, engage, measure, and successfully convert callers into customers. Its comprehensive product portfolio includes: Marchex Call Analytics: A platform specifically designed for enterprises that heavily rely on inbound phone calls to generate sales, schedule appointments, and secure reservations.
How they make money
Marchex generates revenue primarily through its AI-powered conversation intelligence platform, which provides actionable insights from business-to-business-to-consumer (B2B2C) communications. The company operates on a subscription and usage-based model, charging customers for access to its software, data analytics, and call-tracking services that help enterprises optimize marketing spend and improve sales outcomes.
Products & services
Marchex offers a suite of AI-driven conversation intelligence solutions, including call tracking, sentiment analysis, AI-generated call summaries, and API-based integrations for CRM and IVR systems.
Brands & revenue mix
Marchex
The primary brand under which all conversation intelligence and AI-powered solutions are marketed.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company discloses that a significant portion of its revenue is derived from a limited number of customers, with specific concentration risks noted in the 2025 annual report.
Suppliers, materials & equipment
Cloud Infrastructure Providers — The company relies on third-party cloud computing and hosting services to support its platform infrastructure; specific supplier names are not disclosed.Source
Competitors
Invoca — Provides call tracking and conversation intelligence software that competes directly with Marchex's core platform offerings.Source
CallRail — Offers call tracking and analytics solutions targeting similar business segments as Marchex.Source
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Opportunity Score is currently unavailable; Wall Street Score remains independently validated.
The unavailable Opportunity Score is a separate model output. It must not be substituted with zero or inferred from the company score.
Quarterly EPS turned negative at -0.01 versus 0.00 a year earlier.
Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.
Quarterly net income turned from a profit to a loss versus the same quarter last year.
Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
27
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
29
Poor
Financial Strength
54
Business Quality / Moat
0
Management
40
Growth Quality
14
Risk / Durability
27
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
What we like
•Balance-sheet / debt profile scores strongly
What to watch
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
•Asset quality is a weaker factor
Company-specific research
Questions worth answering for MCHX
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving MCHX's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can MCHX fund negative free cash flow using its current cash position before it may need more debt or new shares?
•How is MCHX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•What specifically needs to improve for MCHX to reach sustainable profitability?
•What future growth or profitability would be needed to justify MCHX's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on MCHX.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Proprietary conversational data assets.
+Advanced AI and machine learning capabilities.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Advertising Agencies industry.
−Dependence on a limited number of customers.
−Rapid technological changes in the AI and communication sectors.
−Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak27/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Strong
83
Debt Cost—
Debt Reduction YoY40.7%
Debt / Equity0.02x
Tap for breakdown →
Revenue
Poor
7
Revenue YoY-3.2%
Revenue CAGR-4.6%
Net Margin-12.4%
Tap for breakdown →
Asset
Poor
35
Asset Growth YoY-8.1%
Liquidation/Share$0.60
Net Assets/MCap0.62x
Tap for breakdown →
Capital
Poor
0
Earnings Yield-9.1%
Buyback Yield0.0%
Debt Cost—
Tap for breakdown →
Management
Weak
40
ROIC-20.5%
ROE-18.8%
ROA-14.5%
Tap for breakdown →
Moat
Poor
0
EPS Growth—
FCF/Share Growth—
Rev/Share Growth-9.5%
Tap for breakdown →
Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
Tap for breakdown →
Buffett
Poor
33
Revenue7
Moat0
Valuation0
Tap for breakdown →
MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
Tap for breakdown →
Financial
Fair
50
Interest Coverage—
ROIC-20.5%
FCF Yield-2.4%
Tap for breakdown →
Master
Poor
39
Financial50
Valuation0
Debt83
Tap for breakdown →
Resilience
Fair
60
Survival Years6.9 yrs
Current Ratio2.36x
FCF Margin-3.2%
Tap for breakdown →
Was this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
YesNot yetDismiss
Score Changes
3 historical score records available
Previous Score
27
Oct 1, 2026
Change
-0.1
points
Current Score
27
Oct 5, 2026
Category Changes
Revenue-0.4
Debt0
Assets-1.1
Capital0
Management0
Moat0
Valuation0
Buffett-0.3
MCHX decreased 0.1 points because some fundamentals weakened.
Projected Score
Projected Score
22
Projected Change
-5.1 points
Preliminary comparable-period financial changes suggest decline of approximately 5.1 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$1.44
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$44.0M
$45.4M
$48.1M
$49.9M
····
····
····
····
····
····
····
Cost of Revenue
$17.1M
$16.7M
$17.2M
$20.6M
····
····
····
····
····
····
····
Gross Profit
$26.9M
$28.7M
$30.9M
$29.3M
····
····
····
····
····
····
····
Research & Development
$9.0M
$9.7M
$12.4M
$15.4M
····
····
····
····
····
····
····
SG&A Expenses
$21.6M
$23.3M
$22.4M
$21.6M
····
····
····
····
····
····
····
Operating Expenses
$30.6M
$33.1M
$35.4M
$39.0M
····
····
····
····
····
····
····
EBITDA
-$3.4M
-$2.5M
-$1.8M
-$5.8M
····
····
····
····
····
····
····
Operating Income
-$3.7M
-$4.4M
-$4.4M
-$9.6M
····
····
····
····
····
····
····
Interest Expense
$60K
$0.00
$120K
$293K
····
····
····
····
····
····
····
Income Before Tax
-$5.2M
-$5.2M
-$4.6M
-$9.8M
····
····
····
····
····
····
····
Income Tax Expense
$275K
$79K
$380K
$94K
····
····
····
····
····
····
····
Net Income
-$5.5M
-$5.2M
-$4.9M
-$9.9M
····
····
····
····
····
····
····
Basic EPS
$-0.13
$-0.12
$-0.11
$-0.23
····
····
····
····
····
····
····
Basic Shares
43.90M
43.90M
43.16M
42.62M
····
····
····
····
····
····
····
Diluted Shares
48.56M
48.56M
43.16M
42.62M
····
····
····
····
····
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Debt reduced
What Weakened
Margins contracted
Cash position declined
Potential Score Impact
Positive indicators included debt levels. Pressure indicators included revenue growth, EPS growth, cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 5.6%. EPS declined 655.6%. Cash declined 22.3%. Total debt declined 44.6%. Net income margin declined by 4.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.