MediaAlpha, Inc.
MAX · NYSE
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 459.07M | 70.06M | -35.39M | -57.67M | -1.37 |
| 2023 FY | 388.15M | 66.71M | -39.92M | -40.42M | -0.89 |
| 2024 FY | 864.70M | 143.57M | 42.73M | 16.63M | 0.31 |
| 2025 FY | 1.11B | 164.56M | 78.22M | 25.62M | 0.46 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 170.08M | 256.17M | 14.54M | 186.29M | -15.99M |
| 2023 FY | 153.93M | 248.35M | 17.27M | 174.30M | -10.29M |
| 2024 FY | 262.45M | 308.68M | 43.27M | 162.45M | 2.38M |
| 2025 FY | 383.83M | 413.03M | 46.88M | 155.20M | 4.16M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 28.27M | -98.00K | 28.18M | -2.13M | -36.02M |
| 2023 FY | 20.23M | -73.00K | 20.16M | -2.85M | 2.73M |
| 2024 FY | 45.87M | -254.00K | 45.62M | -1.22M | 26.00M |
| 2025 FY | 65.60M | -340.00K | 65.26M | — | 3.61M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 417.35M | 589.10M | — | — | — |
| 2023 FY | 506.39M | 663.41M | — | — | — |
| 2024 FY | 605.62M | 724.80M | — | — | — |
| 2025 FY | 728.36M | 836.69M | — | — | — |
| 2026-12-31 | — | — | — | — | — |
| 2027-12-31 | — | — | — | — | — |
| 2028-12-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 251.62M | 37.69M | -20.04M | -18.74M | -0.33 |
| 2025 Q3 | 306.51M | 43.41M | 19.73M | 14.91M | 0.26 |
| 2025 Q4 | 291.16M | 44.81M | 78.41M | 31.41M | 0.56 |
| 2026 Q1 | 310.00M | 46.70M | 22.37M | 11.47M | 0.21 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 249.42M | 306.38M | 85.38M | 158.02M | -3.77M |
| 2025 Q3 | 266.23M | 332.01M | 72.34M | 155.69M | -29.76M |
| 2025 Q4 | 383.83M | 413.03M | 46.88M | 155.20M | 4.16M |
| 2026 Q1 | 367.72M | 396.81M | 26.05M | 163.50M | 1.92M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 25.72M | -175.00K | 25.55M | — | 21.82M |
| 2025 Q3 | 23.62M | -68.00K | 23.56M | — | -13.04M |
| 2025 Q4 | -7.45M | -40.00K | -7.49M | — | -25.47M |
| 2026 Q1 | -1.56M | -42.00K | -1.60M | — | -20.83M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 614.75M | 687.39M | — | — | — |
| 2025 Q3 | 644.31M | 727.66M | — | — | — |
| 2025 Q4 | 728.36M | 836.69M | — | — | — |
| 2026 Q1 | 519.37M | 656.82M | — | — | — |
| 2026-06-30 | — | — | — | — | — |
| 2026-09-30 | — | — | — | — | — |
| 2026-12-31 | — | — | — | — | — |