MediaAlpha, Inc. (MAX) stock

MAXNYSEServices-Business Services, NECFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 14/3059% below fair value

$14.97+0.60 (+4.18%)

Close on Nov 11, 2026Market cap $886.11MP/E 8.3Yield –

MediaAlpha profit margin

Profit margin (net margin) is net income as a percentage of revenue.

MediaAlpha's profit margin for the twelve months ending Sep 30, 2026 was 8.4%. For fiscal 2025 it was 2.3%, against 1.9% the year before. The highest annual figure on record is 2.3% in fiscal 2025.

Annual profit margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	2.3%	+0.4
FY2024	Dec 31, 2024	1.9%	+12.3
FY2023	Dec 31, 2023	-10.4%	+2.1
FY2022	Dec 31, 2022	-12.6%	−11.7
FY2021	Dec 31, 2021	-0.8%	−0.1
FY2020	Dec 31, 2020	-0.7%	–

Quarterly profit margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	6.9%	+2.0
Q2 FY2026	Jun 30, 2026	12.4%	+19.9
Q1 FY2026	Mar 31, 2026	3.7%	+4.4
Q4 FY2025	Dec 31, 2025	10.8%	+9.2
Q3 FY2025	Sep 30, 2025	4.9%	+1.2
Q2 FY2025	Jun 30, 2025	-7.4%	−9.5
Q1 FY2025	Mar 31, 2025	-0.7%	+0.1
Q4 FY2024	Dec 31, 2024	1.5%	+3.6
Q3 FY2024	Sep 30, 2024	3.7%	+21.8
Q2 FY2024	Jun 30, 2024	2.0%	+18.9
Q1 FY2024	Mar 31, 2024	-0.9%	+8.3
Q4 FY2023	Dec 31, 2023	-2.0%	+19.7
Q3 FY2023	Sep 30, 2023	-18.1%	−1.8
Q2 FY2023	Jun 30, 2023	-16.9%	−8.0
Q1 FY2023	Mar 31, 2023	-9.2%	−4.2
Q4 FY2022	Dec 31, 2022	-21.7%	−20.6
Q3 FY2022	Sep 30, 2022	-16.3%	−14.0
Q2 FY2022	Jun 30, 2022	-8.8%	−8.7
Q1 FY2022	Mar 31, 2022	-5.0%	−5.1
Q4 FY2021	Dec 31, 2021	-1.1%	+1.2
Q3 FY2021	Sep 30, 2021	-2.3%	−2.3
Q2 FY2021	Jun 30, 2021	-0.1%	−0.1
Q1 FY2021	Mar 31, 2021	0.2%	–
Q4 FY2020	Dec 31, 2020	-2.3%	–
Q3 FY2020	Sep 30, 2020	0.0%	–
Q2 FY2020	Jun 30, 2020	0.0%	–