MediaAlpha/$MAX
1D1W1MYTD1Y5YMAX
Capital at risk
About MediaAlpha
MediaAlpha Inc provides a platform that enables insurance carriers and distributors to target and acquire customers. The company's technology platform brings insurance carriers and consumers together through a real-time, transparent, and results-driven ecosystem. It serves as a customer acquisition channel in property and casualty insurance, health insurance, and life insurance. The company operates in the United States and generates revenue by earning a fee for each consumer referral sold on its platform.
- Ticker
- $MAX
- Sector
- Software & Cloud Services
- Primary listing
- NYSE
- Employees
- 147
- Headquarters
- Los Angeles, United States
- Website
- www.mediaalpha.com
MediaAlpha Metrics
BasicAdvanced
$585M
7.69
$1.43
1.16
-
Price and volume
Market cap
$585M
Beta
1.16
52-week high
$14.70
52-week low
$7.09
Average daily volume
624K
Financial strength
Current ratio
1.288
Quick ratio
1.242
Long term debt to equity
-34.265
Total debt to equity
-35.713
Interest coverage (TTM)
7.98%
Profitability
EBITDA (TTM)
87.105
Gross margin (TTM)
14.71%
Net profit margin (TTM)
7.94%
Operating margin (TTM)
6.93%
Effective tax rate (TTM)
1,092.95%
Revenue per employee (TTM)
$8,330,000
Management effectiveness
Return on assets (TTM)
17.41%
Return on equity (TTM)
-347.17%
Valuation
Price to earnings (TTM)
7.695
Price to revenue (TTM)
0.502
Price to book
20.59
Price to tangible book (TTM)
-26.64
Price to free cash flow (TTM)
10.925
Free cash flow yield (TTM)
9.15%
Free cash flow per share (TTM)
1.011
Growth
Revenue change (TTM)
13.84%
Earnings per share change (TTM)
-1,259.13%
3-year revenue growth (CAGR)
44.08%
3-year earnings per share growth (CAGR)
-1.80%
What the Analysts think about MediaAlpha
Analyst ratings (Buy, Hold, Sell) for MediaAlpha stock.
Analyst projections of the future price of MediaAlpha stock.
Bulls say / Bears say
Record Q2 2026 revenue of $316.9 million, up 26% year-over-year, driven by broadening demand across its insurance advertising marketplace (SEC filing).
Generated net income of $41.8 million and adjusted EBITDA of $29.3 million in Q2 2026, reflecting consistent profitability and operating leverage (SEC filing).
Extended its multi-year publishing partnership with Insurify, enhancing distribution scale and deepening its programmatic ecosystem (MediaAlpha press release).
Over 80% of P&C ad spend growth in its marketplace since 2021 has been driven by just two carriers, exposing MAX to client concentration risk (Earnings call transcript).
Its under-65 health insurance vertical accounts for approximately 1% of revenue and is forecast to reduce Q3 contribution by about $1 million, indicating limited business diversification (SEC filing).
Gross margin contracted to 14.3% in Q2 2026 from 15.0% a year earlier, suggesting mix shifts or pricing pressure are eroding profitability (SEC filing).
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.
MediaAlpha Financial Performance
Revenues and expenses
MediaAlpha Earnings Performance
Company profitability
Upcoming events
No upcoming events
MediaAlpha News
AllArticlesVideos
Funds containing MediaAlpha
AllUSDGBPEUR
Fund name | Fund size | $MAX weighting |
|---|---|---|
iShares Digitalisation$DGTL | $793M | 0.02% |
iShares Digitalisation£DGIT | £585M | 0.02% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.01% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.01% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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