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

$14.81−0.16 (-1.07%)

Close on Nov 12, 2026Market cap $876.63MP/E 8.2Yield –

MediaAlpha total debt

Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.

MediaAlpha's total debt was $174.92M at Sep 30, 2026. For fiscal 2025 it was $153.41M, down 5.6% from the year before. The highest annual figure on record is $186.80M in fiscal 2021.

Annual total debt

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$153.41M	-5.6%
FY2024	Dec 31, 2024	$162.45M	-6.8%
FY2023	Dec 31, 2023	$174.30M	-4.8%
FY2022	Dec 31, 2022	$183.07M	-2.0%
FY2021	Dec 31, 2021	$186.80M	+2.3%
FY2020	Dec 31, 2020	$182.67M	+87.3%
FY2019	Dec 31, 2019	$97.54M	–

Quarterly total debt

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q3 FY2026	Sep 30, 2026	$174.92M	+12.4%
Q2 FY2026	Jun 30, 2026	$176.71M	+11.8%
Q1 FY2026	Mar 31, 2026	$163.50M	+2.0%
Q4 FY2025	Dec 31, 2025	$153.41M	-5.6%
Q3 FY2025	Sep 30, 2025	$155.69M	-5.4%
Q2 FY2025	Jun 30, 2025	$158.02M	-5.3%
Q1 FY2025	Mar 31, 2025	$160.23M	-6.9%
Q4 FY2024	Dec 31, 2024	$162.45M	-6.8%
Q3 FY2024	Sep 30, 2024	$164.65M	-6.7%
Q2 FY2024	Jun 30, 2024	$166.85M	-6.6%
Q1 FY2024	Mar 31, 2024	$172.10M	-4.9%
Q4 FY2023	Dec 31, 2023	$174.30M	-4.8%
Q3 FY2023	Sep 30, 2023	$176.49M	-7.2%
Q2 FY2023	Jun 30, 2023	$178.69M	-13.9%
Q1 FY2023	Mar 31, 2023	$180.88M	-2.0%
Q4 FY2022	Dec 31, 2022	$183.07M	-2.0%
Q3 FY2022	Sep 30, 2022	$190.25M	+2.0%
Q2 FY2022	Jun 30, 2022	$207.44M	+13.1%
Q1 FY2022	Mar 31, 2022	$184.62M	+0.9%
Q4 FY2021	Dec 31, 2021	$186.80M	+2.3%
Q3 FY2021	Sep 30, 2021	$186.60M	+91.3%
Q2 FY2021	Jun 30, 2021	$183.34M	–
Q1 FY2021	Mar 31, 2021	$183.00M	–
Q4 FY2020	Dec 31, 2020	$182.67M	–
Q4 FY2019	Dec 31, 2019	$97.54M	–