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MediaAlpha MAX Total Liabilities

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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+53.9%
Enterprise value$973.9M+60.7%
P/E8.4×
P/S0.7×+0.2×

Profitability

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

Reported directly by MediaAlpha in its filing.

Tagged under the XBRL concept us-gaap:Liabilities.

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

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001818383-26-000200
Line itemJune 30,2026December 31,2025
Long-term debt, net of current portion169,542131,602
Liabilities under tax receivables agreement, net of current portion50,951124,212
Other long-term liabilities11,1939,564
Total liabilities$364,764$413,025
Commitments and contingencies (Note 5)
Stockholders' deficit
Class A common stock, $0.01 par value - 1.0 billion shares authorized; 53.0 million and 56.2 million shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively530562
Class B common stock, $0.01 par value - 100 million shares authorized; 8.3 million and 8.3 million shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively8383

Item 1. Financial Statements.

FAQ

What is MediaAlpha's total liabilities?
MediaAlpha (MAX) reported total liabilities of $364.76M in Q2 2026.
How has MediaAlpha's total liabilities changed year-over-year?
MediaAlpha's total liabilities increased by 19.1% year-over-year, from $306.38M to $364.76M.
What is the long-term trend for MediaAlpha's total liabilities?
Over 5 years (2020 to 2025), MediaAlpha's total liabilities has grown at a 5.5% compound annual growth rate (CAGR), from $315.46M to $413.03M.
What does total liabilities mean?
The sum of all current and non-current obligations — everything the company owes to creditors, employees, governments, and other stakeholders.

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