MAX - NYSE

MediaAlpha, Inc.

MAX·NYSE

$8.29

-6.6%

Communication ServicesInternet Content & Information

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California. MediaAlpha, Inc. is a subsidiary of White Mountains Insurance Group, Ltd.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$448.18M

EPS0.4600

P/E Ratio18.02

Earnings Date08/05/2026

383.83M

Assets

46%

3Y+126.0%

5Y+82.0%

10Y+339.0%

413.02M

Total Liabilities

34%

3Y+61.0%

5Y+31.0%

10Y+781.0%

-29.19M

Total Equity

-37%

3Y-66.0%

5Y-72.0%

10Y-172.0%

MediaAlpha, Inc. Funding & Solvency Profile

MAX · NYSE

Current Assets

Cash & Cash Equivalents46.88M

Net Receivables123.02M

Inventory0.00

Other Current Assets4.48M

Total Current Assets174 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets51.33M

Long-Term Investments0.00

Other Non-Current Assets8.40M

Total Non-Current Assets8 M

Total Assets

383.83M

Financial Health Analysis

Current Ratio

1.18x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Working Capital

27 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

45% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

MediaAlpha, Inc. Balance Sheet

MAX • NYSE

MediaAlpha, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	46.9M	43.3M	17.3M	14.5M	50.6M	23.6M	10M	5.7M
Cash & Short-Term Investments	46.9M	43.3M	17.3M	14.5M	50.6M	23.6M	10M	5.7M
Net Receivables	123M	142.9M	53.8M	60M	76.1M	96.3M	56M	37.2M
Accounts Receivables	123M	142.9M	53.8M	60M	76.1M	96.3M	56M	37.2M
Prepaids	0.0	0.0	3.5M	5.9M	10.4M	8M	1.4M	1.3M
Other Current Assets	4.5M	3.7M	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	174.4M	189.9M	74.6M	80.4M	137.1M	127.8M	67.5M	44.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	0.0	0.0	0.0	2.8M	3.5M	762K	755K	881K
Goodwill	47.7M	47.7M	47.7M	47.7M	18.4M	18.4M	18.4M	18.4M
Intangible Assets	3.6M	20M	26M	32.9M	12.6M	15.6M	18.8M	24M
Goodwill & Intangible Assets	51.3M	67.7M	73.8M	80.7M	31M	34M	37.2M	42.4M
Long-Term Investments	0.0	0.0	0.0	1.4M	10M	0.0	0.0	0.0
Tax Assets	149.7M	0.0	0.0	0.0	0.0	31.6M	0.0	0.0
Other Non-Current Assets	8.4M	4.8M	5.6M	4.8M	108.2M	16.2M	0.0	0.0
Total Non-Current Assets	209.5M	72.5M	79.4M	89.7M	152.7M	82.5M	37.9M	43.3M
Total Assets	383.8M	262.4M	153.9M	170.1M	289.8M	210.3M	105.4M	87.4M
LIABILITIES
CURRENT LIABILITIES
Total Payables	91.1M	105.6M	56.3M	54M	61.8M	98.2M	40.5M	27M
Accounts Payable	91.1M	105.6M	56.3M	54M	61.8M	98.2M	40.5M	27M
Accrued Expenses	0.0	17.5M	11.6M	13.3M	13M	9.2M	6.6M	3.8M
Short Term Debt	22.8M	8.8M	11.9M	8.8M	8.7M	0.0	873K	1.2M
Capital Lease Obligations (Current)	0.0	0.0	0.0	783K	765K	0.0	0.0	0.0
Other Current Liabilities	33.8M	994K	0.0	0.0	0.0	0.0	0.0	1.4M
Total Current Liabilities	147.6M	133M	79.7M	76.9M	84.2M	107.5M	47.9M	33.5M
NON-CURRENT LIABILITIES
Long Term Debt	132M	153.6M	162.4M	174.3M	178.1M	182.7M	96.7M	13.1M
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	22.5M	0.0	0.0
Other Non-Current Liabilities	132.9M	22.1M	6.2M	2.5M	85.9M	2.8M	74.4M	369K
Total Non-Current Liabilities	265.4M	175.7M	168.6M	179.3M	267.2M	208M	171.1M	13.4M
Capital Lease Obligations	415K	0.0	0.0	3.2M	4M	0.0	0.0	0.0
Total Liabilities	413M	308.7M	248.4M	256.2M	351.4M	315.5M	219M	46.9M
SHAREHOLDERS' EQUITY
Common Stock	645K	671K	655K	626K	606K	589K	79.5M	76M
Additional Paid-In Capital	483.8M	507.6M	511.6M	465.5M	419.5M	384.6M	0.0	0.0
Retained Earnings	-480.3M	-505.9M	-522.6M	-482.1M	-424.5M	-419M	-193.1M	-35.5M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-513K
Total Stockholders' Equity	4.2M	2.4M	-10.3M	-16M	-4.3M	-33.8M	-113.6M	40.5M
Total Equity	-29.2M	-46.2M	-94.4M	-86.1M	-61.6M	-105.1M	-113.6M	40.5M
Minority Interest	-33.4M	-48.6M	-84.1M	-70.1M	-57.2M	-71.3M	0.0	0.0
SUMMARY
Total Liabilities & Equity	383.8M	262.4M	153.9M	170.1M	289.8M	210.3M	105.4M	87.4M
Total Investments	0.0	0.0	0.0	1.4M	10M	0.0	0.0	0.0
Total Debt	155.2M	162.4M	174.3M	186.3M	190.8M	182.7M	97.5M	14.2M
Net Debt	108.3M	119.2M	157M	171.7M	140.2M	159.1M	87.5M	8.6M
Shares Outstanding	65,614,999	65,614,999	65,614,999	65,614,999	65,614,999	65,614,999	65,614,999	65,614,999

SEC Filings

MAX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 18, 2026	May 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 05, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 29, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 25, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 23, 2026	May 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 19, 2026	March 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 23, 2026	February 18, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 23, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 16, 2025	December 10, 2025	2025	View Filing

Showing 1 to 10 of 100 filings

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