MAX - NYSE
MediaAlpha, Inc.
$8.29
-6.6%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.
At a Glance
Live SnapshotMediaAlpha, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
MediaAlpha, Inc. Income Statement
MAX • NYSE
| MediaAlpha, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
1.1B | 864.7M | 388.1M | 459.1M | 645.3M | 584.8M | 408M | 296.9M | |
GROSS PROFIT | ||||||||
(946.1M) | (721.1M) | (321.4M) | (389M) | (543.8M) | (499.4M) | (342.9M) | (247.7M) | |
164.6M | 143.6M | 66.7M | 70.1M | 101.5M | 85.4M | 65.1M | 49.2M | |
OPERATING INCOME | ||||||||
(86.3M) | (100.8M) | (106.6M) | (105.4M) | (99.4M) | (65.8M) | (40.3M) | (29.9M) | |
(110.6M) | (70M) | (83.9M) | (84.4M) | (84.2M) | (53.4M) | (33.2M) | (19.6M) | |
(21.4M) | (19.8M) | (18.5M) | (21.1M) | (15.2M) | (12.4M) | (7M) | (10.3M) | |
78.2M | 42.7M | -39.9M | -35.4M | 2.1M | 19.5M | 24.8M | 19.3M | |
PRE-TAX INCOME | ||||||||
(11.2M) | (14.4M) | (15.3M) | (9.2M) | (7.8M) | (7.9M) | (7M) | (1.2M) | |
-11.2M | -14.4M | -15.3M | -9.2M | -7.8M | -7.9M | -7M | -1.2M | |
-45.7M | (11.1M) | (4.3M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-189.3M | -19.2M | -17.1M | 65.8M | -11.7M | -10.2M | -7M | -1.2M | |
-111.1M | 23.5M | -57M | 30.5M | -9.5M | 9.3M | 17.8M | 18.1M | |
NET INCOME | ||||||||
-137.8M | (1.4M) | -463K | (102.9M) | -1M | -1.3M | (0.0) | (0.0) | |
25.6M | 16.6M | -40.4M | -57.7M | -5.3M | 14.8M | 17.8M | 18.1M |
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 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 05, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 25, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 23, 2026 | May 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 19, 2026 | March 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 23, 2026 | February 18, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 23, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 16, 2025 | December 10, 2025 | 2025 |
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