Accessibility Menu
MediaAlpha logo

MediaAlpha(NYSE) MAX

Market Cap$678.09MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)-60%
5 Year-45%
1 Year+23%
1 Month-3%
Premium Feature
Moneyball Superscore
62/100
$12.87
+0.55%
+0.07Today
After hours$12.86-$0.02 (-0.12%)
MediaAlpha last closing stock price
MetricPriceDate
Last closeUSD 12.802026-08-24
MediaAlpha stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.87%USD 12.692026-08-17
1 month-2.51%USD 13.132026-07-24
3 month+48.66%USD 8.612026-05-26
Year to date-1.16%USD 12.952025-12-31
1 year+23.08%USD 10.402025-08-22
3 year+51.3%USD 8.462023-08-25
5 year-45.3%USD 23.402021-08-25
Since inception-59.82%USD 31.862020-10-28

MediaAlpha Financials at a Glance

Market Cap

$678.09MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.22B

Net Income (TTM)

$97.22M

EPS (TTM)

$1.61

P/E Ratio

7.97

Dividend

$0.00

Beta (Volatility)

1.19 (Average)

Price

$12.87

Volume

851,065.471

Open

$12.85

Previous Close

$12.85

Daily Range

$12.26 - $13.05

52-Week Range

$7.09 - $14.70

Estimated Earnings Date

Nov 4, 2026

MAX News

MAX: Motley Fool Moneyball Superscore

62

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About MediaAlpha

MediaAlpha, Inc. helps people find insurance policies online. It connects insurance companies with shoppers looking for coverage. The platform makes buying and selling insurance leads faster.

Connecting Carriers and Shoppers

  • Property and Casualty: Leads for auto and home insurance; accounted for 97.4% of revenue in the three months ended June 30, 2026.
  • Health Insurance: Marketplace for Medicare and under-65 health plans; comprised 0.9% of revenue in the three months ended June 30, 2026.
  • Life Insurance: Marketplace for life insurance policies; represented 1.6% of revenue in the three months ended June 30, 2026.

Recent Strategic Moves

  • Purchased the interest of a partner in the Tax Receivables Agreement for $31.0 million in June 2026.
  • Increased the total share repurchase program authorization to $100.0 million in Feb. 2026.
  • Entered new five-year senior secured credit facilities totaling $210 million in March 2026.
  • Finished exiting the travel insurance vertical during the second quarter of 2025.

What Makes the Platform Different?

The technology helps partners find value from nonconverting consumers through automated referral systems. These multifaceted integrations allow insurance carriers to manage acquisition strategies across more than 35 consumer attributes.

Performance by the Numbers

  • Revenue was $316.9 million in the three months ended June 30, 2026, up 25.9% year over year.
  • Net income reached $41.8 million in the three months ended June 30, 2026, aided by a $37.7 million settlement gain.
  • Non-GAAP Adjusted EBITDA reached $29.3 million in the three months ended June 30, 2026, up 19.5% year over year.
  • Property and casualty revenue hit $308.8 million in the three months ended June 30, 2026, up 35.9% year over year.

Bottom Line

MediaAlpha has transitioned to focus almost exclusively on the property and casualty insurance market. Its technology-driven approach and simplified financial structure position the company as a specialized digital marketplace for insurance acquisition.

AI Generated • Aug 4, 2026

Industry

Interactive Media and Services

Employees

147

CEO

Steven M Yi

Headquarters

Los Angeles, CA 90017, US

MAX Financials

Key Financial Metrics (TTM)

Gross Margin

14.71%

Operating Margin

11.47%

Net Income Margin

7.94%

Return on Equity

8214.45%

Return on Capital

49.08%

Return on Assets

27.02%

Earnings Yield

12.55%

Dividend Yield

0.00%

Payout Ratio

5.32%

Stock Overview

Market Cap

$678.09MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

52.98M

Volume

851.07K

Avg. Volume

824.31K

Financials (TTM)

Gross Profit

$180.09M

Operating Income

$140.48M

EBITDA

$977.00K

Operating Cash Flow

$57.21M

Capital Expenditure

-$924.00K

Free Cash Flow

$56.28M

Cash & ST Invst.

$23.75M

Total Debt

$176.71M

MediaAlpha Performance Analysis

MediaAlpha annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 459,072,000-28.9%
20232023-12-31USD 388,149,000-15.4%
20242024-12-31USD 864,704,000122.8%
20252025-12-31USD 1,113,600,00028.8%
MediaAlpha sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3021.8%
Q42025-12-31-5.0%
Q12026-03-316.5%
Q22026-06-302.2%
MediaAlpha annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -1.37640.3%
20232023-12-31USD -0.89-35.5%
20242024-12-31USD 0.31N/A
20252025-12-31USD 0.3923.0%
MediaAlpha sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30178.8%
Q42025-12-3192.3%
Q12026-03-31-58.0%
Q22026-06-30209.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$316.88M

+25.9%

Gross Profit

$45.17M

+19.9%

Gross Margin

14.26%

N/A

Market Cap

$678.09MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$4.61M

N/A

Employees

147

N/A

Net Income

$39.44M

+310.4%

EBITDA

$57.31M

+262.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$23.75M

-72.2%

Total Debt

$176.71M

+11.8%

Accounts Receivable

$141.57M

+37.7%

Inventory

$0.00

N/A

Long Term Debt

$169.54M

+13.7%

Short Term Debt

$7.17M

-19.2%

Return on Assets

27.02%

N/A

Return on Invested Capital

61.96%

N/A

Free Cash Flow

$41.81M

+63.7%

Operating Cash Flow

$42.59M

+65.6%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
ATHMAutohome Inc.
$21.72-0.59%
GRPNGroupon, Inc.
$19.59-0.20%
SMWBSimilarweb Ltd.
$8.93-0.67%
NXDRNextdoor Holdings, Inc.
$2.39+0.84%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDANvidia
$213.05+0.02%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x ETF
$9.09+0.01%
INTCIntel
$87.48+0.00%
BITOProShares Trust - ProShares Bitcoin ETF
$10.66+0.00%

Questions About MAX

What is the current price of MediaAlpha?

MediaAlpha is trading at $12.85 per share.

What is the 52-week range for MediaAlpha?

Over the past 52 weeks, MediaAlpha has traded between $7.09 and $14.70.

How much debt does MediaAlpha have?

As of the most recent reporting period, MediaAlpha reported total debt of $176.71M.

How much cash does MediaAlpha have on hand?

MediaAlpha reported $23.75M in cash and cash equivalents in its most recent financial results.

What is MediaAlpha’s dividend yield?

MediaAlpha does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.