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MediaAlpha, Inc. (MAX) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Communication Services · Internet Content & Information · DATA UPDATED 2026-07-09

MediaAlpha, Inc. (MAX) operates in the Internet Content & Information industry and is headquartered in Los Angeles, United States with about 147 employees. Its market capitalization is roughly $725 million. In the fiscal year ended 2025-12-31, MAX reported $1.1B in revenue and $26M in net income.

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States.

Interactive charts & full statements → Open the MAX valuation workbench →

MAX Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$1.1B$865M$388M$459M
Gross Profit$168M$144M$67M$70M
Operating Income (EBIT)$36M$43M($40M)($35M)
Net Income$26M$17M($40M)($58M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$310M$291M$306M$252M$264M
Gross Profit$47M$45M$43M$38M$42M
Operating Income (EBIT)$22M$22M$20M($20M)$14M
Net Income$12M$31M$15M($19M)($2M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAX Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($1M)($1M)($3M)($2M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($0M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MAX Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$384M$262M$154M$170M
Total Liabilities$413M$309M$248M$256M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MAX viewer.

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