MediaAlpha, Inc. (MAX) quarterly income statement — complete revenue, gross profit & net income history
MediaAlpha, Inc. (MAX) annual income statement — 8-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 375.95M | 316.88M | 310M | 291.15M | 306.51M | 251.62M | 264.31M | 300.65M | 259.13M | 178.27M | 126.65M | 117.17M | 74.57M | 84.77M | 111.63M | 124.01M | 89.02M | 103.45M | 142.6M | 161.58M |
| Revenue Growth % | 22.65% | 25.93% | 17.29% | -3.16% | 18.28% | 41.14% | 108.69% | 156.58% | 247.49% | 110.3% | 13.45% | -5.51% | -16.23% | -18.05% | -21.72% | -23.26% | -41.72% | -34.26% | -17.85% | -15.05% |
| Cost of Goods Sold | 320.62M | 271.7M | 263.31M | 246.34M | 263.11M | 213.94M | 222.67M | 251.67M | 219.91M | 146.59M | 102.97M | 94.89M | 62.28M | 71.01M | 93.26M | 103.86M | 76.34M | 87.92M | 120.88M | 136.18M |
| COGS % of Revenue | 85.28% | 85.74% | 84.94% | 84.61% | 85.84% | 85.02% | 84.25% | 83.71% | 84.86% | 82.23% | 81.3% | 80.98% | 83.51% | 83.76% | 83.55% | 83.76% | 85.76% | 84.99% | 84.77% | 84.28% |
| Gross Profit | 55.33M | 45.17M | 46.7M | 44.81M | 43.41M | 37.69M | 41.64M | 48.98M | 39.23M | 31.68M | 23.68M | 22.28M | 12.3M | 13.77M | 18.37M | 20.14M | 12.67M | 15.52M | 21.72M | 25.4M |
| Gross Margin % | 14.72% | 14.26% | 15.06% | 15.39% | 14.16% | 14.98% | 15.75% | 16.29% | 15.14% | 17.77% | 18.7% | 19.02% | 16.49% | 16.24% | 16.45% | 16.24% | 14.24% | 15.01% | 15.23% | 15.72% |
| Gross Profit Growth % | 27.47% | 19.87% | 12.15% | -8.52% | 10.66% | 18.94% | 75.84% | 119.83% | 219.01% | 130.17% | 28.92% | 10.62% | -2.98% | -11.32% | -15.43% | -20.7% | -48.62% | -38.02% | -17.76% | -4.02% |
| Operating Expenses | 26.49M | 25.21M | 24.32M | -33.6M | 23.67M | 57.73M | 41.52M | 30.73M | 23.62M | 25.19M | 21.31M | 21.84M | 27.05M | 29.84M | 27.92M | 26.68M | 23.25M | 25.93M | 29.59M | 27.03M |
| OpEx % of Revenue | 7.05% | 7.96% | 7.85% | -11.54% | 7.72% | 22.94% | 15.71% | 10.22% | 9.11% | 14.13% | 16.82% | 18.64% | 36.27% | 35.2% | 25.01% | 21.51% | 26.12% | 25.07% | 20.75% | 16.73% |
| Selling, General & Admin | 20.28M | 19.17M | 18.87M | 17.17M | 17.84M | 17.11M | 16.34M | 14.62M | 18.29M | 19.43M | 15.87M | 13.6M | 22.75M | 23.67M | 22.42M | 22.18M | 21.6M | 22.97M | 24.37M | 22.75M |
| SG&A % of Revenue | 5.4% | 6.05% | 6.09% | 5.9% | 5.82% | 6.8% | 6.18% | 4.86% | 7.06% | 10.9% | 12.53% | 11.61% | 30.51% | 27.92% | 20.08% | 17.89% | 24.26% | 22.2% | 17.09% | 14.08% |
| Research & Development | 6.21M | 6.04M | 5.46M | 5.33M | 5.83M | 5.35M | 4.89M | 5.02M | 5.33M | 5.05M | 4.36M | 3.93M | 4.3M | 5.06M | 5.17M | 4.91M | 5.29M | 5.66M | 5.22M | 4.28M |
| R&D % of Revenue | 1.65% | 1.91% | 1.76% | 1.83% | 1.9% | 2.13% | 1.85% | 1.67% | 2.06% | 2.83% | 3.45% | 3.36% | 5.76% | 5.97% | 4.63% | 3.96% | 5.94% | 5.47% | 3.66% | 2.65% |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | 1000K | 1000K | 1000K | 0 | 711K | 1000K | 1000K | 0 | 1000K | 333K | -416K | -1000K | -1000K | 0 | 0 |
| Operating Income | 28.83M | 19.96M | 22.37M | 78.41M | 19.73M | -20.04M | 116K | 18.25M | 15.61M | 6.49M | 2.37M | 446K | -14.75M | -16.07M | -9.55M | -6.54M | -10.57M | -10.41M | -7.87M | -1.63M |
| Operating Margin % | 7.67% | 6.3% | 7.22% | 26.93% | 6.44% | -7.97% | 0.04% | 6.07% | 6.02% | 3.64% | 1.87% | 0.38% | -19.78% | -18.96% | -8.55% | -5.27% | -11.88% | -10.06% | -5.52% | -1.01% |
| Operating Income Growth % | 46.12% | 199.6% | 19187.93% | 329.6% | 26.43% | -408.67% | -95.11% | 3992.38% | 205.82% | 140.4% | 124.84% | 106.82% | -39.47% | -54.38% | -21.35% | -300.18% | -16169.23% | -648.24% | -503.95% | 85.32% |
| EBITDA | 29.39M | 20.52M | 22.93M | 78.99M | 20.32M | -19.46M | 1.62M | 19.92M | 17.28M | 8.17M | 4.04M | 2.25M | -12.93M | -14.25M | -7.72M | -4.75M | -8.77M | -8.63M | -7.09M | -790K |
| EBITDA Margin % | 7.82% | 6.47% | 7.4% | 27.13% | 6.63% | -7.73% | 0.61% | 6.62% | 6.67% | 4.58% | 3.19% | 1.92% | -17.34% | -16.81% | -6.92% | -3.83% | -9.86% | -8.35% | -4.97% | -0.49% |
| EBITDA Growth % | 44.66% | 205.42% | 1313.38% | 296.64% | 17.55% | -338.3% | -59.87% | 783.98% | 233.64% | 157.31% | 152.33% | 147.46% | -47.41% | -65.04% | -8.97% | -500.89% | -1224.74% | -415.61% | -355.33% | 92.29% |
| D&A (Non-Cash Add-back) | 553K | 554K | 551K | 584K | 582K | 580K | 1.51M | 1.66M | 1.67M | 1.67M | 1.67M | 1.81M | 1.82M | 1.82M | 1.82M | 1.79M | 1.8M | 1.78M | 781K | 843K |
| EBIT | 39.93M | 57.87M | 22.99M | -101.55M | 20.5M | 15.22M | 20.41M | 29.34M | 15.76M | 7.2M | 3.45M | 4.75M | -14.65M | -14.97M | -9.22M | -6.95M | -14.21M | -13.11M | -7.35M | -5.14M |
| Net Interest Income | -2.76M | -2.77M | -2.44M | -2.61M | -2.81M | -2.87M | -2.96M | -3.19M | -3.56M | -3.75M | -3.85M | -3.92M | -3.95M | -3.87M | -3.58M | -3.34M | -2.59M | -1.96M | -1.36M | -1.53M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.76M | 2.77M | 2.44M | 2.61M | 2.81M | 2.87M | 2.96M | 3.19M | 3.56M | 3.75M | 3.85M | 3.92M | 3.95M | 3.87M | 3.58M | 3.34M | 2.59M | 1.96M | 1.36M | 1.53M |
| Other Income/Expense | 8.33M | 35.13M | -1.83M | -182.57M | -2.04M | -2.17M | -2.5M | -10.04M | -3.41M | -1.94M | -3.84M | -4.53M | -3.85M | -3.76M | -4.96M | 79.88M | -11.2M | -2M | -836K | -5.03M |
| Pretax Income | 37.17M | 55.09M | 20.55M | -104.16M | 17.7M | -22.22M | -2.38M | 8.22M | 12.2M | 4.55M | -1.46M | -4.09M | -18.6M | -19.83M | -14.51M | 73.34M | -21.77M | -12.41M | -8.71M | -6.66M |
| Pretax Margin % | 9.89% | 17.39% | 6.63% | -35.77% | 5.77% | -8.83% | -0.9% | 2.73% | 4.71% | 2.55% | -1.16% | -3.49% | -24.94% | -23.39% | -12.99% | 59.15% | -24.46% | -12% | -6.1% | -4.12% |
| Income Tax | 7.81M | 13.31M | 6.5M | -138.14M | 54K | 316K | -49K | 915K | 312K | 130K | 27K | -793K | 102K | 150K | 78K | 101.69M | -544K | 611K | 1.14M | -2.68M |
| Effective Tax Rate % | 21.01% | 24.16% | 31.64% | 132.63% | 0.31% | -1.42% | 2.06% | 11.14% | 2.56% | 2.86% | -1.84% | 19.41% | -0.55% | -0.76% | -0.54% | 138.65% | 2.5% | -4.92% | -13.13% | 40.26% |
| Net Income | 25.75M | 39.44M | 11.47M | 31.41M | 14.91M | -18.74M | -1.95M | 4.64M | 9.48M | 3.62M | -1.11M | -2.37M | -13.5M | -14.29M | -10.27M | -26.96M | -14.49M | -9.14M | -7.08M | -1.82M |
| Net Margin % | 6.85% | 12.45% | 3.7% | 10.79% | 4.86% | -7.45% | -0.74% | 1.54% | 3.66% | 2.03% | -0.88% | -2.02% | -18.11% | -16.85% | -9.2% | -21.74% | -16.27% | -8.83% | -4.96% | -1.13% |
| Net Income Growth % | 72.76% | 310.43% | 688.65% | 576.85% | 57.21% | -617.73% | -75.02% | 296.11% | 170.23% | 125.34% | 89.16% | 91.23% | 6.79% | -56.32% | -45.08% | -1382.41% | -309.9% | -4314.98% | -2582.81% | 79.79% |
| Net Income (Continuing) | 29.36M | 41.78M | 14.05M | 33.98M | 17.64M | -22.53M | -2.33M | 7.3M | 11.89M | 4.42M | -1.49M | -3.29M | -18.7M | -19.98M | -14.58M | -28.35M | -21.23M | -13.02M | -9.85M | -3.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -31.57M | -33.36M | -31.01M | -33.35M | -36.02M | -53.18M | -49.1M | -48.61M | -51.26M | -53.57M | -70.33M | -84.13M | -83.43M | -78.17M | -75.43M | -70.09M | -69.6M | -62.91M | -59.87M | -57.23M |
| EPS (Diluted) | 0.46 | 0.65 | 0.21 | 0.50 | 0.26 | -0.33 | -0.04 | 0.08 | 0.17 | 0.07 | -0.02 | -0.05 | -0.29 | -0.32 | -0.23 | -0.63 | -0.34 | -0.22 | -0.17 | -0.05 |
| EPS Growth % | 76.92% | 296.97% | 700% | 495.95% | 52.94% | -586.73% | -52.84% | 266.47% | 158.62% | 121.19% | 90.04% | 92% | 14.71% | -45.45% | -35.29% | -1300% | -240% | - | - | 94.64% |
| EPS (Basic) | 0.49 | 0.72 | 0.21 | 0.56 | 0.26 | -0.33 | -0.04 | 0.08 | 0.17 | 0.07 | -0.02 | -0.05 | -0.29 | -0.32 | -0.23 | -0.63 | -0.34 | -0.22 | -0.17 | -0.05 |
| Diluted Shares Outstanding | 62.83M | 63.12M | 55.85M | 66.79M | 56.62M | 56.14M | 55.63M | 55.28M | 54.91M | 53.37M | 48.57M | 46.99M | 46.23M | 45.16M | 43.87M | 42.99M | 42.21M | 41.71M | 40.85M | 39.84M |
| Basic Shares Outstanding | 53.09M | 54.79M | 55.85M | 56.24M | 56.62M | 56.14M | 48.7M | 55.28M | 54.91M | 53.37M | 48.58M | 41.48M | 46.23M | 44.64M | 43.87M | 42.99M | 42.21M | 41.71M | 40.85M | 29.53M |
| Dividend Payout Ratio | - | 13.12% | - | - | - | - | - | 2.39% | 0.99% | - | - | - | - | - | - | - | - | - | - | - |