Marchex, Inc. Class B (MCHX)

The past six months have seen several events impacting Marchex, Inc.'s stock price. In Q2 2025, Marchex reported GAAP revenue of $11.7 million, a decrease from $12.1 million in Q2 2024, but posted a net income of $0.1 million. In Q3 2025, Marchex reported revenue of $11.5 million, missing analyst expectations, and announced a proposed $10 million acquisition of Arcaneum. Marchex announced a new enhancement within its Engage Platform, enabling businesses to attribute and analyze LLM-driven phone calls from search results. Marchex completed its annual stockholder meeting and approvals. As of January 9, 2026, Marchex, Inc.'s stock price was $1.750, up 0.57% from its previous closing price, but decreased by -0.86% on January 12, 2026, dropping to $1.735.

Marchex's products and services experience demand seasonality, with seasonal call traffic factors impacting its Q1 revenue. Management anticipated that both revenue and Adjusted EBITDA would be sequentially lower in Q4 2025 compared to Q3 2025, partly due to anticipated seasonality.

Marchex, Inc. is a conversation intelligence company providing AI-powered solutions to help businesses connect with, drive, measure, and convert callers into customers, operating in the Technology sector, specifically in industries such as Computer Software: Prepackaged Software, Advertising & Marketing, Customer Relationship Management (CRM), and Digital Marketing & Publishing. Its core business revolves around its Software-as-a-Service (SaaS) products, which leverage artificial intelligence and conversational intelligence to offer prescriptive analytics. Major products and services include Marketing Edge, which identifies campaigns and channels driving inbound conversations; Sonar Business Text Messaging, an AI-powered mobile messaging solution; Marchex Platform Services, an API-based conversation intelligence product; Spotlight, an AI conversation analytics product for multi-location businesses; Engage, a solution providing applications to enhance overall performance for various business locations; Call Summary and Sentiment Suite, generative AI-powered capabilities that analyze and summarize consumer-to-business calls; and AI for Industry Solution, which offers automatic lead qualification and improved attribution using industry-specific indicators. Marchex primarily serves industries such as automotive, travel and hospitality, telecommunications, insurance, digital agencies, legal, home services, healthcare, financial services, real estate, and senior living.

Marchex, Inc. operates in the United States, Canada, the United Kingdom, and Ireland.

Marchex has received positive recognition for its AI-powered conversation intelligence solutions in the past year. Marchex was recognized as a notable vendor in Forrester's Q1 2024 report, "The Real-Time Revenue Execution Platforms." Marchex Engage for Auto Sales and Service won the 2025 AI Agent Product of the Year Award. Marchex received an AI Breakthrough Award for its generative AI capabilities and an AI Excellence Award for Marchex Platform Services. Marchex received a SaaS Customer Success Award for its Sierra Air Conditioning & Plumbing Case Study and a Sales and Marketing “Sammy” Award for its Sentiment Suite.

Marchex, Inc. is owned by a mix of institutional shareholders and insiders. Institutional shareholders hold 48.30% of the stock, while Marchex insiders hold 133.07%. Par Investment Partners LP is the largest individual Marchex shareholder, owning 22.39 million shares, representing 51.00% of the company, followed by Edenbrook Capital LLC, which holds 14.66 million shares, representing 33.40% of the company. Other major holders include Renaissance Technologies Llc, Vanguard Group Inc, Kanen Wealth Management LLC, BlackRock, Inc., Geode Capital Management, Llc, P.a.w. Capital Corp, and Russell Horowitz, Executive Chairman, with 4,660,927 shares.