Flagship explainer

How MARCHEX INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$45.4M · 100%Cost of revenue$16.6M · 37%Gross profit$28.8M · 63%Operating income−$5.7M · −13%Income before tax−$5.2M · −11%Income tax$79000 · 0%Net income−$5.2M · −12%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$45.4M100%
Cost of revenue$16.6M37%
$28.8M63%
−$5.7M−13%
Income before tax−$5.2M−11%
Income tax$790000%
−$5.2M−12%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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