MediaAlpha, Inc. (MAX)
NYSE: MAX · Real-Time Price · USD
14.71
-0.10 (-0.68%)
Nov 13, 2026, 4:00 PM EST - Market closed
MediaAlpha Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 1,294 | 1,114 | 864.7 | 388.15 | 459.07 | 645.27 | |
Revenue Growth | 15.22% | 28.78% | 122.78% | -15.45% | -28.86% | 10.34% |
Cost of Revenue | 1,102 | 946.06 | 721.13 | 321.44 | 389.01 | 543.75 |
Gross Profit | 192.01 | 167.54 | 143.57 | 66.71 | 70.06 | 101.52 |
Selling, General & Admin | 74.94 | 68.23 | 69.99 | 88.18 | 84.37 | 84.18 |
Research & Development | 23.04 | 21.4 | 19.76 | 18.46 | 21.08 | 15.2 |
Operating Expenses | 97.98 | 89.63 | 89.76 | 106.64 | 105.45 | 99.38 |
Operating Income | 94.04 | 77.91 | 53.82 | -39.92 | -35.39 | 2.15 |
Interest Expense | -10.59 | -11.24 | -14.35 | -15.32 | -9.25 | -7.83 |
Other Non Operating Income (Expenses) | -122.65 | -121.94 | -6.6 | -1.78 | 75.09 | -3.84 |
EBT Excluding Unusual Items | -39.2 | -55.27 | 32.87 | -57.02 | 30.46 | -9.52 |
Asset Writedown | - | -13.42 | - | - | - | - |
Legal Settlements | -0.55 | -42.38 | -11.09 | - | - | - |
Other Unusual Items | 48.4 | - | 1.73 | - | - | - |
Pretax Income | 8.65 | -111.06 | 23.5 | -57.02 | 30.46 | -9.52 |
Income Tax Expense | -110.53 | -137.82 | 1.38 | -0.46 | 102.91 | -1.05 |
Earnings From Continuing Operations | 119.17 | 26.76 | 22.12 | -56.56 | -72.45 | -8.48 |
Minority Interest in Earnings | -11.11 | -1.14 | -5.49 | 16.14 | 14.78 | 3.2 |
Net Income | 108.07 | 25.62 | 16.63 | -40.42 | -57.67 | -5.28 |
Net Income to Common | 108.07 | 25.62 | 16.63 | -40.42 | -57.67 | -5.28 |
Net Income Growth | - | 54.09% | - | - | - | - |
Shares Outstanding (Basic) | 55 | 56 | 53 | 46 | 42 | 37 |
Shares Outstanding (Diluted) | 63 | 67 | 53 | 46 | 42 | 61 |
Shares Change | 12.88% | 25.91% | 16.39% | 8.65% | -31.52% | 90.63% |
EPS (Basic) | 1.97 | 0.46 | 0.31 | -0.89 | -1.37 | -0.14 |
EPS (Diluted) | 1.84 | 0.39 | 0.31 | -0.89 | -1.37 | -0.19 |
EPS Growth | - | 25.81% | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 54.2 | 65.26 | 45.62 | 20.16 | 28.18 | 27.97 |
Free Cash Flow Per Share | 0.86 | 0.98 | 0.86 | 0.44 | 0.67 | 0.46 |
Gross Margin | 14.84% | 15.04% | 16.60% | 17.19% | 15.26% | 15.73% |
Operating Margin | 7.27% | 7.00% | 6.22% | -10.29% | -7.71% | 0.33% |
Profit Margin | 8.35% | 2.30% | 1.92% | -10.41% | -12.56% | -0.82% |
Free Cash Flow Margin | 4.19% | 5.86% | 5.28% | 5.19% | 6.14% | 4.33% |
EBITDA | 96.28 | 81.17 | 60.5 | -32.65 | -29.24 | 5.5 |
EBITDA Margin | 7.44% | 7.29% | 7.00% | -8.41% | -6.37% | 0.85% |
D&A For EBITDA | 2.24 | 3.25 | 6.68 | 7.27 | 6.15 | 3.35 |
EBIT | 94.04 | 77.91 | 53.82 | -39.92 | -35.39 | 2.15 |
EBIT Margin | 7.27% | 7.00% | 6.22% | -10.29% | -7.71% | 0.33% |
Effective Tax Rate | - | - | 5.89% | - | 337.85% | - |