MCHX on Nasdaq
Marchex
American digital marketing company based in Seattle, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMCHX on Nasdaq1
- Industrydigital marketing1
- HeadquartersSeattle1
- Websitewww.marchex.com
- Incorporated inDE4
- Business address1448 Nw Market St, Suite 500, Seattle, Wa 981074
- Filer categoryNon-accelerated filer, Smaller reporting company4
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References herein to “we” “us” or “our” refer to Marchex, Inc. (“Marchex” or the “Company”) and its wholly-owned subsidiaries unless the context specifically states or implies otherwise.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue37¢$16.7M
- Research and development21¢$9.7M
- Other costs42¢$18.9M
- Income tax0¢$79.0K
Out of $45.4M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $45.4M | $48.1M |
| Cost of revenue | $16.6M | $17.2M |
| Amortization of capitalized software development costs | $89.0K | |
| Total cost of revenue | $16.7M | $17.2M |
| Sales and marketing | $12.5M | $12.1M |
| Product development | $9.7M | $12.4M |
| General and administrative | $10.8M | $10.2M |
| Acquisition settlement | $1.4M | |
| Amortization of intangible assets from acquisitions | $602.0K | |
| Total operating expenses | $51.1M | $52.6M |
| Loss from operations | -$5.7M | -$4.4M |
| Interest income (expense) and other, net | $568.0K | -$120.0K |
| Loss before income tax expense | -$5.2M | -$4.6M |
| Income tax expense | $79.0K | $380.0K |
| Net loss applicable to common stockholders | -$5.2M | -$4.9M |
| Basic net loss per Class A and B share applicable to common stockholders | -$0.12 | -$0.11 |
| Diluted net loss per Class A and B share applicable to common stockholders | -$0.12 | -$0.11 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $9.9M | $12.8M | |
| Accounts receivable, net | $6.7M | $7.1M | $7.4M |
| Prepaid expenses | $1.0M | $695.0K | |
| Other current assets | $1.4M | $1.7M | |
| Total current assets | $19.0M | $22.3M | |
| Property and equipment, net | $1.9M | $1.8M | |
| Other assets, net | $563.0K | $397.0K | |
| Right-of-use lease assets | $668.0K | $1.2M | |
| Goodwill | $17.6M | $17.6M | |
| Total assets | $39.7M | $43.2M | |
| Accounts payable | $3.2M | $1.3M | |
| Accrued benefits and payroll | $1.2M | $2.1M | |
| Other accrued expenses and current liabilities | $2.7M | $4.2M | |
| Deferred revenue and deposits | $598.0K | $1.1M | |
| Operating lease liability, current | $355.0K | $495.0K | |
| Total current liabilities | $8.1M | $9.3M | |
| Deferred tax liabilities | $664.0K | $579.0K | |
| Operating lease liability, non-current | $366.0K | $721.0K | |
| Other non-current | $500.0K | ||
| Total liabilities | $9.6M | $10.6M | |
| Additional paid-in capital | $361.1M | $358.4M | |
| Accumulated deficit | -$331.4M | -$326.2M | |
| Total stockholders equity | $30.1M | $32.6M | $35.9M |
| Total liabilities and stockholders equity | $39.7M | $43.2M | |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares authorized | 137.5M shares | 137.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $9.9M | $12.8M | |
| Accounts receivable, net | $6.7M | $7.1M | $7.4M |
| Prepaid expenses | $1.0M | $695.0K | |
| Other current assets | $1.4M | $1.7M | |
| Total current assets | $19.0M | $22.3M | |
| Property and equipment, net | $1.9M | $1.8M | |
| Other assets, net | $563.0K | $397.0K | |
| Right-of-use lease assets | $668.0K | $1.2M | |
| Goodwill | $17.6M | $17.6M | |
| Total assets | $39.7M | $43.2M | |
| Accounts payable | $3.2M | $1.3M | |
| Accrued benefits and payroll | $1.2M | $2.1M | |
| Other accrued expenses and current liabilities | $2.7M | $4.2M | |
| Deferred revenue and deposits | $598.0K | $1.1M | |
| Operating lease liability, current | $355.0K | $495.0K | |
| Total current liabilities | $8.1M | $9.3M | |
| Deferred tax liabilities | $664.0K | $579.0K | |
| Operating lease liability, non-current | $366.0K | $721.0K | |
| Other non-current | $500.0K | ||
| Total liabilities | $9.6M | $10.6M | |
| Additional paid-in capital | $361.1M | $358.4M | |
| Accumulated deficit | -$331.4M | -$326.2M | |
| Total stockholders equity | $30.1M | $32.6M | $35.9M |
| Total liabilities and stockholders equity | $39.7M | $43.2M | |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares authorized | 137.5M shares | 137.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss applicable to common stockholders | -$5.2M | -$4.9M |
| Amortization, depreciation, and loss on disposals | $2.7M | $2.6M |
| Gain on domain asset sale | -$632.0K | |
| Provision for doubtful accounts | $93.0K | -$147.0K |
| Deferred income taxes | $86.0K | $330.0K |
| Stock-based compensation | $2.4M | $1.7M |
| Acquisition settlement | $1.4M | |
| Accounts receivable, net | $309.0K | $469.0K |
| Prepaid expenses, other current assets, and other assets | -$427.0K | $280.0K |
| Accounts payable | $1.8M | -$566.0K |
| Accrued compensation, other accrued, and other liabilities | -$3.4M | -$755.0K |
| Deferred revenue and deposits | -$495.0K | -$121.0K |
| Net cash from (used in) operating activities | -$1.4M | -$1.1M |
| Capitalized software development costs | -$1.4M | -$47.0K |
| Purchases of property and equipment | -$36.0K | -$382.0K |
| Proceeds from domain asset sale | $159.0K | |
| Net cash from (used in) investing activities | -$1.3M | -$429.0K |
| Proceeds from exercises of stock options, and issuance and vesting of restricted stock | $300.0K | $3.0K |
| Repayments under finance lease liabilities and related obligations | -$397.0K | -$310.0K |
| Net cash from (used in) financing activities | -$97.0K | -$307.0K |
| Net increase (decrease) in cash and cash equivalents | -$2.8M | -$1.8M |
| Cash paid for income taxes | $46.0K | $63.0K |
| Cash paid for interest | $82.0K | $124.0K |
| Non-cash purchases of property and equipment | $383.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Marchex, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerEdwin A. Miller Feb 6, 2023 to now16
- Chief executive officerEthan A. Caldwell May 25, 2017 to Jun 16, 201717
- Chief executive officerMichael A. Arends Jun 16, 2017 to Jan 26, 202318
- Chief executive officerPeter Christothoulou Jun 23, 2015 to Apr 22, 201619
- Chief executive officerRussell C. Horowitz Feb 13, 2006 to Feb 13, 201520
- ChairClark M. Kokich Feb 25, 2015 to Aug 26, 201621
- ChairRussell C. Horowitz Feb 13, 2006 to Feb 25, 201520
- PresidentTroy Hartless Oct 17, 2025 to now22
- PresidentPeter Christothoulou Dec 22, 2011 to Dec 22, 201423
- PresidentJohn Keister Feb 13, 2006 to Apr 23, 201024
- Chief financial officerBrian Nagle Oct 17, 2025 to now25
- Chief financial officerHolly A. Aglio Oct 31, 2023 to Oct 31, 202326
- Chief financial officerLeila Kirske Apr 8, 2021 to Apr 8, 202127
- Chief financial officerMichael A. Arends Jan 9, 2006 to Jan 4, 202128
- Chief operating officerFrancis J. Feeney Sep 24, 2025 to now29
- Chief operating officerRyan Polley Aug 17, 2021 to Jan 26, 202330
- Chief operating officerPeter Christothoulou May 12, 2009 to May 27, 201131
- Chief operating officerJohn Keister Feb 13, 2006 to Oct 31, 200824
Board members and other officers (24)
- PRINCIPAL FINANCIAL OFFICERBrian Nagle Mar 11, 2025 to now32
- Chief Revenue OfficerTroy Hartless Apr 4, 2023 to now33
- Vice chairMichael A. Arends Oct 2, 2023 to now34
- Chief Product/Strategy OfficerRyan Polley Mar 3, 2020 to Jan 4, 202135
- Chief Revenue OfficerJohn Roswech Dec 18, 2019 to Jan 3, 202236
- Chief Product OfficerZiad Ismail Apr 22, 2016 to Apr 22, 201637
- Executive DirectorRussell C. Horowitz Jun 23, 2015 to Sep 28, 201838
- Chief Revenue OfficerGary Nafus Sep 15, 2015 to Sep 16, 201639
- Vice chairJohn Keister May 11, 2010 to May 7, 201340
- EVP of Product EngineeringMatthew Berk May 12, 2009 to Feb 2, 201141
- Chief Technology OfficerCameron Ferroni Jan 3, 2007 to Jul 3, 200842
- Chief Strategy OfficerPeter Christothoulou Mar 1, 2006 to Jan 6, 200943
- Board memberMichael A. Arends Oct 2, 2023 to now34
- Board memberDon Cogsville Apr 11, 2019 to now44
- Board memberIan H. Morris Feb 25, 2015 to May 16, 201645
- Board memberManuel W. Wisehart Nov 18, 2008 to now46
- Board memberRussell C. Horowitz Jan 3, 2007 to Sep 28, 201847
- Board memberNicolas J. Hanauer Oct 25, 2007 to May 16, 201648
- Board memberDennis Cline Feb 13, 2006 to now49
- Board memberJohn Keister Feb 13, 2006 to May 7, 201324
- Board memberJonathan Fram May 16, 2006 to Jun 15, 200950
- Board memberAnne B. Devereux Oct 20, 2006 to May 16, 201651
- General counselFrancis J. Feeney Oct 17, 2025 to now52
- General counselEthan A. Caldwell Jan 3, 2007 to Mar 13, 201753
Timeline
- Feb 6, 2023New chief executive Edwin A. Miller becomes CEO16
- Jun 16, 2017New chief executive Michael A. Arends becomes CEO18
- May 25, 2017New chief executive Ethan A. Caldwell becomes CEO17
- Jun 23, 2015New chief executive Peter Christothoulou becomes CEO19
- Feb 13, 2006New chief executive Russell C. Horowitz becomes CEO20
- Mar 31, 2004Went public Listed on NASDAQ1
- 2003Founded Founded1
Filings
218 filings to the SEC since October 2021: 10 annual reports, 19 quarterly reports, 54 major events, 96 insider forms, 14 large holders, 25 other. The latest 20:
- Aug 13, 202610-Q EDGAR
- Aug 12, 20268-K EDGAR
- Jul 7, 2026SCHEDULE 13D EDGAR
- Jul 1, 20264 EDGAR
- Jul 1, 20264 EDGAR
- Jul 1, 20268-K EDGAR
- Jun 5, 2026DEFM14A PROXY STATEMENT EDGAR
- May 26, 2026PREM14A PROXY STATEMENT EDGAR
- May 14, 202610-Q EDGAR
- May 13, 20268-K EDGAR
- May 13, 2026DEFA14A EDGAR
- May 12, 2026DEFA14A EDGAR
- May 12, 20268-K EDGAR
- May 1, 20268-K EDGAR
- Apr 17, 202610-K/A EDGAR
- Apr 15, 20268-K EDGAR
- Apr 9, 2026S-8 EDGAR
- Mar 26, 202610-K EDGAR
- Mar 25, 20268-K EDGAR
- Mar 20, 20264 EDGAR
The 218 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
44 open-market trades by officers, directors and large owners since October 2021: 44 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 27, 2025 | EDENBROOK LONG ONLY VALUE FUND, LP10% owner | Buy | 2,316 | $1.69 | $3.9K | Form 4 |
| Mar 26, 2025 | EDENBROOK LONG ONLY VALUE FUND, LP10% owner | Buy | 30,962 | $1.71 | $52.9K | Form 4 |
| Mar 25, 2025 | EDENBROOK LONG ONLY VALUE FUND, LP10% owner | Buy | 69,197 | $1.75 | $121.1K | Form 4 |
| Nov 18, 2024 | Miller Edwin AChief Executive Officer | Buy | 4,980 | $1.73 | $8.6K | Form 4 |
| Nov 15, 2024 | Miller Edwin AChief Executive Officer | Buy | 807 | $1.70 | $1.4K | Form 4 |
| Nov 14, 2024 | Miller Edwin AChief Executive Officer | Buy | 100,000 | $1.73 | $173.0K | Form 4 |
| Nov 13, 2024 | Miller Edwin AChief Executive Officer | Buy | 5,571 | $1.76 | $9.8K | Form 4 |
| Aug 19, 2024 | Miller Edwin AChief Executive Officer | Buy | 1,452 | $2.06 | $3.0K | Form 4 |
| Aug 16, 2024 | Miller Edwin AChief Executive Officer | Buy | 550 | $2.04 | $1.1K | Form 4 |
| Aug 15, 2024 | Miller Edwin AChief Executive Officer | Buy | 5,335 | $2.04 | $10.9K | Form 4 |
| Jun 4, 2024 | Miller Edwin AChief Executive Officer | Buy | 200,000 | $1.36 | $272.0K | Form 4 |
| May 20, 2024 | Miller Edwin AChief Executive Officer | Buy | 620 | $1.35 | $835 | Form 4 |
| May 17, 2024 | Miller Edwin AChief Executive Officer | Buy | 2,000 | $1.37 | $2.7K | Form 4 |
| May 16, 2024 | Miller Edwin AChief Executive Officer | Buy | 7,723 | $1.38 | $10.6K | Form 4 |
| May 15, 2024 | Miller Edwin AChief Executive Officer | Buy | 7,723 | $1.40 | $10.8K | Form 4 |
| Nov 10, 2023 | EDENBROOK LONG ONLY VALUE FUND, LP10% owner | Buy | 15,200 | $1.41 | $21.4K | Form 4 |
| Nov 9, 2023 | EDENBROOK LONG ONLY VALUE FUND, LP10% owner | Buy | 11,775 | $1.39 | $16.4K | Form 4 |
| Dec 8, 2022 | ARENDS MICHAEL AVice Chairman | Buy | 125 | $1.78 | $222 | Form 4 |
| Dec 6, 2022 | ARENDS MICHAEL AVice Chairman | Buy | 125 | $1.67 | $209 | Form 4 |
| Dec 1, 2022 | ARENDS MICHAEL AVice Chairman | Buy | 125 | $1.74 | $218 | Form 4 |
All 44 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Russell C. HorowitzSCHEDULE 13D, 4 filings Feb 11, 2022 to Jul 7, 202654
- Koller Capital LLCSC 13G/A, 2 filings Feb 8, 2023 to Feb 9, 202455
- Edenbrook Capital, LLCSC 13D/A, 2 filings Nov 23, 2021 to Nov 13, 202356
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 2 filings Feb 11, 2022 to Feb 13, 202357
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 29. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Edenbrook Capital, LLC | 14,664,380 | $23.6M | 8.3% | No change |
| Renaissance Technologies LLC | 1,576,464 | $2.5M | 0.0% | −29,440 |
| Kanen Wealth Management LLC | 1,300,388 | $2.2M | 0.5% | No change |
| Vanguard Capital Management LLC | 1,079,881 | $1.7M | 0.0% | −1,455 |
| BlackRock, Inc. | 656,221 | $1.1M | 0.0% | +16,226 |
| Geode Capital Management, LLC | 400,627 | $645.2K | 0.0% | −4,179 |
| P.a.w. Capital Corp | 400,000 | $644.0K | 0.5% | No change |
| Vanguard Fiduciary Trust Co | 203,633 | $327.8K | 0.0% | +1,455 |
| Arax Advisory Partners | 145,908 | $234.9K | 0.0% | New |
| State Street Corp | 140,696 | $226.5K | 0.0% | No change |
| Acuitas Investments, LLC | 102,734 | $167.5K | 11.7% | −30,968 |
| Northern Trust Corp | 70,345 | $113.3K | 0.0% | −5,684 |
| Dimensional Fund Advisors LP | 66,241 | $106.7K | 0.0% | −35 |
| Marathon Capital Management | 64,000 | $103.0K | 0.0% | +2,500 |
| Goldman Sachs Group Inc | 44,593 | $71.8K | 0.0% | −2,835 |
| Bridgeway Capital Management, LLC | 42,328 | $68.1K | 0.0% | −14,500 |
| Morgan Stanley | 33,136 | $53.3K | 0.0% | No change |
| LPL Financial LLC | 31,190 | $50.2K | 0.0% | No change |
| Charles Schwab Investment Management Inc | 24,313 | $39.1K | 0.0% | No change |
| Citadel Advisors LLC | 17,360 | $27.9K | 0.0% | +731 |
| Vanguard Global Advisers, LLC | 11,241 | $18.1K | 0.0% | No change |
| Independent Advisor Alliance | 10,000 | $16.1K | 0.0% | No change |
| Tower Research Capital LLC (TRC) | 2,930 | $4.7K | 0.0% | +839 |
| Acadian Asset Management LLC | 185,448 | $297 | 0.0% | −26,171 |
| Barclays PLC | 63 | $101 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitewww.marchex.com1
- WikidataQ17078915
- SEC EDGARCIK 1224133
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataMarchex on Wikidata
- 2SEC EDGARMarchex filings on SEC EDGAR
- 3SEC EDGARMarchex 10-K for fiscal 2025
- 4SEC EDGARMarchex filings on SEC EDGAR
- 5
- 6SEC EDGARMarchex 10-K for fiscal 2018
- 7SEC EDGARMarchex 10-K for fiscal 2019
- 8SEC EDGARMarchex 10-K for fiscal 2020
- 9SEC EDGARMarchex 10-K for fiscal 2021
- 10SEC EDGARMarchex 10-K for fiscal 2022
- 11SEC EDGARMarchex 10-K for fiscal 2023
- 12SEC EDGARMarchex 10-Q for fiscal 2025
- 13SEC EDGARMarchex 10-Q for fiscal 2025
- 14SEC EDGARMarchex 10-Q for fiscal 2026
- 15SEC EDGARMarchex 10-Q for fiscal 2025
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARClark M. Kokich, Chair
- 22SEC EDGARTroy Hartless, President
- 23SEC EDGARPeter Christothoulou, President
- 24SEC EDGARJohn Keister, President
- 25SEC EDGARBrian Nagle, Chief financial officer
- 26
- 27
- 28
- 29
- 30SEC EDGARRyan Polley, Chief operating officer
- 31
- 32
- 33SEC EDGARTroy Hartless, Chief Revenue Officer
- 34SEC EDGARMichael A. Arends, Vice chair
- 35
- 36SEC EDGARJohn Roswech, Chief Revenue Officer
- 37SEC EDGARZiad Ismail, Chief Product Officer
- 38
- 39SEC EDGARGary Nafus, Chief Revenue Officer
- 40SEC EDGARJohn Keister, Vice chair
- 41
- 42
- 43
- 44SEC EDGARDon Cogsville, Board member
- 45SEC EDGARIan H. Morris, Board member
- 46SEC EDGARManuel W. Wisehart, Board member
- 47SEC EDGARRussell C. Horowitz, Board member
- 48SEC EDGARNicolas J. Hanauer, Board member
- 49SEC EDGARDennis Cline, Board member
- 50SEC EDGARJonathan Fram, Board member
- 51SEC EDGARAnne B. Devereux, Board member
- 52SEC EDGARFrancis J. Feeney, General counsel
- 53SEC EDGAREthan A. Caldwell, General counsel
- 54
- 55
- 56
- 57