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MediaAlpha MAX Net margin

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-10.7%-17.8pp

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$820.94M+52.3%
Enterprise value$973.9M+59.3%
P/E8.4×
P/S0.7×+0.2×

Profitability

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Gross margin14.7%-0.9pp
Operating margin6.9%+5.6pp
FCF margin7.8%+2.4pp

Returns & leverage

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Return on equity793.8%
Debt / equity6.2×
Current ratio1.3×0.0×

Where this comes from

Calculated from MediaAlpha’s reported figures.

Based on trailing twelve months.

The source filing: MediaAlpha’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001818383-26-000200

FAQ

What is MediaAlpha's net margin?
MediaAlpha (MAX) reported net margin of 7.9% in Q2 2026.
How has MediaAlpha's net margin changed year-over-year?
MediaAlpha's net margin increased by 1400.2% year-over-year, from -0.6% to 7.9%.
What is the long-term trend for MediaAlpha's net margin?
Over 5 years (2020 to 2025), MediaAlpha's net margin has grown at a 20.0% compound annual growth rate (CAGR), from -0.9% to 2.3%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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