Skip to content
Screener

MediaAlpha MAX Q2 2026 earnings

Reported July 29, 2026 · After market close

Revenue$316.9MBeat by $16.0M
EPS$0.65Beat by $0.42
Revenue estimate$300.9M
EPS estimate$0.23
Quarter after quarter, more of our carrier partners are unlocking advertising spend and leaning further into our marketplace. Looking to the future, the continued shift to digital advertising, ongoing migration of commission dollars to advertising spend, and our industry-leading scale position us well to continue to gain share in an attractive and growing market.
Steve Yi

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$350.3M
EPS estimate$0.28

Financials

Q2 2026

Income statement

See full
Revenue$316.9M+25.9%
Gross profit$45.2M+19.9%
Operating income$20.0M+200%
Net income$39.4M+310%
EPS (diluted)$0.65+297%

Balance sheet

See full
Cash & equivalents$23.7M-72.2%
Total debt$176.7M+11.8%
Total equity$28.4M+853%
Total assets$359.8M+44.3%

Cash flow

See full
Operating cash flow$42.6M+65.6%
CapEx$774.0K+342%
Free cash flow$41.8M+63.7%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$606.57M-12.3%
Enterprise value$759.54M-0.6%
P/E6.2×
P/S0.5×-0.1×

Profitability

See full
Gross margin14.7%-0.9pp
Operating margin6.9%+5.6pp
Net margin7.9%+7.4pp

Returns & leverage

See full
Debt / equity6.2×
Current ratio1.3×0.0×

Segments

By product

See full
Property & casualty insurance$308.8M+35.9%
Life insurance$5.1M-1.9%
Health insurance$2.7M-84.9%
Other$219.0K-81.1%

FAQ

When did MediaAlpha report Q2 2026 earnings?
MediaAlpha (MAX) reported Q2 2026 earnings on July 29, 2026 after market close.
What were MediaAlpha's Q2 2026 revenue and EPS?
MediaAlpha reported revenue of $316.9M and eps of $0.65 for Q2 2026.
Did MediaAlpha beat estimates in Q2 2026?
Revenue beat the consensus estimate of $300.9M by $16.0M. EPS beat the consensus estimate of $0.23 by $0.42.
How did MediaAlpha's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 25.9% from $251.6M a year earlier and eps grew 282.4% from $0.17.
Where can I find MediaAlpha's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001818383-26-000198) and the 10-Q periodic report (0001818383-26-000200) directly on SEC EDGAR. The filing index links above go to sec.gov.