MediaAlpha, Inc. (MAX)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 150M 300M 450M Q1 '19: 82.3M Q2 '19: 89.1M Q3 '19: 110.4M Q4 '19: 126.1M Q1 '20: 119.4M Q2 '20: 123.6M Q3 '20: 151.5M Q4 '20: 190.2M Q1 '21: 173.6M Q2 '21: 157.4M Q3 '21: 152.7M Q4 '21: 161.6M Q1 '22: 142.6M Q2 '22: 103.4M Q3 '22: 89M Q4 '22: 124M Q1 '23: 111.6M Q2 '23: 84.8M Q3 '23: 74.6M Q4 '23: 117.2M Q1 '24: 126.6M Q2 '24: 178.3M Q3 '24: 259.1M Q4 '24: 300.6M Q1 '25: 264.3M Q2 '25: 251.6M Q3 '25: 306.5M Q4 '25: 291.2M Q1 '26: 310M Q2 '26: 316.9M Q2 '19 Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Gross Profit Quarterly

0 20M 40M 60M Q1 '20: 18.8M Q2 '20: 19.4M Q3 '20: 20.7M Q4 '20: 26.5M Q1 '21: 26.4M Q2 '21: 25M Q3 '21: 24.7M Q4 '21: 25.4M Q1 '22: 21.7M Q2 '22: 15.5M Q3 '22: 12.7M Q4 '22: 20.1M Q1 '23: 18.4M Q2 '23: 13.8M Q3 '23: 12.3M Q4 '23: 22.3M Q1 '24: 23.7M Q2 '24: 31.7M Q3 '24: 39.2M Q4 '24: 49M Q1 '25: 41.6M Q2 '25: 37.7M Q3 '25: 43.4M Q4 '25: 44.8M Q1 '26: 46.7M Q2 '26: 45.2M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Revenue minus cost of sales. This filer tags no gross profit of its own..

Operating Income Quarterly

-24M -16M -8M 0 8M 16M 24M Q1 '19: -4.3M Q2 '19: 7.3M Q3 '19: 9.7M Q4 '19: 12.1M Q1 '20: 10.6M Q2 '20: 11.7M Q3 '20: 8.4M Q3 '20: -9.9M Q4 '20: -11.1M Q1 '21: 1.9M Q2 '21: 1.9M Q3 '21: -65K Q4 '21: -1.6M Q1 '22: -7.9M Q2 '22: -10.4M Q3 '22: -10.6M Q4 '22: -6.5M Q1 '23: -9.5M Q2 '23: -16.1M Q3 '23: -14.7M Q4 '23: 446K Q1 '24: 2.4M Q2 '24: 6.5M Q3 '24: 15.6M Q4 '24: 18.3M Q1 '25: 116K Q2 '25: -20M Q3 '25: 19.7M Q4 '25: 22.3M Q1 '26: 22.4M Q2 '26: 20M Q3 '19 Q3 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Net Income Quarterly

-30M -15M 0 15M 30M 45M Q1 '19: -5.3M Q2 '19: 5M Q3 '19: 7.8M Q4 '19: 10.4M Q1 '20: 8.8M Q2 '20: 0 Q3 '20: 0 Q3 '20: -9.9M Q4 '20: -4.4M Q1 '21: 285K Q2 '21: -207K Q3 '21: -3.5M Q4 '21: -1.8M Q1 '22: -7.1M Q2 '22: -9.1M Q3 '22: -14.5M Q4 '22: -27M Q1 '23: -10.3M Q2 '23: -14.3M Q3 '23: -13.5M Q4 '23: -2.4M Q1 '24: -1.1M Q2 '24: 3.6M Q3 '24: 9.5M Q4 '24: 4.6M Q1 '25: -1.9M Q2 '25: -18.7M Q3 '25: 14.9M Q4 '25: 31.4M Q1 '26: 11.5M Q2 '26: 39.4M Q3 '19 Q3 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Cost of Revenue Quarterly

0 100M 200M 300M Q1 '20: 100.7M Q2 '20: 104.2M Q3 '20: 130.8M Q4 '20: 163.7M Q1 '21: 147.2M Q2 '21: 132.3M Q3 '21: 128.1M Q4 '21: 136.2M Q1 '22: 120.9M Q2 '22: 87.9M Q3 '22: 76.3M Q4 '22: 103.9M Q1 '23: 93.3M Q2 '23: 71M Q3 '23: 62.3M Q4 '23: 94.9M Q1 '24: 103M Q2 '24: 146.6M Q3 '24: 219.9M Q4 '24: 251.7M Q1 '25: 222.7M Q2 '25: 213.9M Q3 '25: 263.1M Q4 '25: 246.3M Q1 '26: 263.3M Q2 '26: 271.7M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Operating Cash Flow Quarterly

-15M 0 15M 30M 45M Q1 '20: 7.3M Q2 '20: 32M Q3 '20: 0 Q3 '20: 15K Q4 '20: 12.1M Q1 '21: -9.4M Q2 '21: 3.6M Q3 '21: 12.5M Q4 '21: 21.9M Q1 '22: 8.3M Q2 '22: 11.8M Q3 '22: 14.8M Q1 '23: 12.6M Q2 '23: 3.8M Q3 '23: -1.4M Q4 '23: 5.3M Q1 '24: 1.7M Q2 '24: 21.6M Q3 '24: 8.1M Q4 '24: 14.5M Q1 '25: 23.7M Q2 '25: 25.7M Q3 '25: 23.6M Q1 '26: -1.6M Q2 '26: 42.6M Q1 '20 Q4 '20 Q4 '21 Q1 '23 Q1 '24 Q1 '25 Q2 '26

Free Cash Flow Quarterly

-15M 0 15M 30M 45M Q1 '20: 7.3M Q2 '20: 31.9M Q3 '20: -49K Q4 '20: 12M Q1 '21: -9.4M Q2 '21: 3.2M Q3 '21: 12.4M Q4 '21: 21.9M Q1 '22: 8.3M Q2 '22: 11.8M Q3 '22: 14.8M Q1 '23: 12.5M Q2 '23: 3.8M Q3 '23: -1.4M Q4 '23: 5.3M Q1 '24: 1.6M Q2 '24: 21.5M Q3 '24: 8M Q4 '24: 14.5M Q1 '25: 23.6M Q2 '25: 25.5M Q3 '25: 23.6M Q1 '26: -1.6M Q2 '26: 41.8M Q3 '20 Q2 '21 Q1 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 25M 50M 75M Q2 '20: 0 Q3 '20: 0 Q1 '21: 62.2M Q2 '21: 37.7M Q3 '21: 61.2M Q1 '22: 40.8M Q2 '22: 41.7M Q3 '22: 42.2M Q1 '23: 43.9M Q2 '23: 45.2M Q3 '23: 46.2M Q1 '24: 48.6M Q2 '24: 53.4M Q3 '24: 54.9M Q1 '25: 55.6M Q2 '25: 56.1M Q3 '25: 56.6M Q1 '26: 55.8M Q2 '26: 62.1M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-1.80 -1.20 -0.60 0.00 0.60 1.20 1.80 Q4 '20: -0.14 Q1 '21: -0.14 Q2 '21: -0.15 Q3 '21: -0.25 Q4 '21: -0.21 Q1 '22: -0.38 Q2 '22: -0.59 Q3 '22: -0.83 Q4 '22: -1.36 Q1 '23: -1.42 Q2 '23: -1.52 Q3 '23: -1.47 Q4 '23: -0.89 Q1 '24: -0.68 Q2 '24: -0.29 Q3 '24: 0.17 Q4 '24: 0.31 Q1 '25: 0.29 Q2 '25: -0.11 Q3 '25: -0.02 Q4 '25: 0.39 Q1 '26: 0.64 Q2 '26: 1.62 Q1 '21 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.