Mediaalpha (MAX) reported $1.1B in revenue for fiscal 2025, +28.8% year on year. That ranks #1708 by revenue among 2853 SEC filers and #281 in Technology. Net income was $25.6M, a net margin of 2.3%. Revenue has grown 20.8% a year on average since 2018 ($297M then). The fiscal 2025 balance sheet shows $384M in total assets, $46.9M in cash and $132M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $1.1B | +28.8% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeOperatingIncomeLoss | $22.1M | −48.2% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $25.6M | +54.1% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $65.6M | +43.0% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $340,000 | +33.9% | FY20252025-12-31 |
| Total assetsAssets | $384M | +46.3% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $4.2M | +74.9% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $46.9M | +8.3% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $132M | −14.3% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $310M | $11.5M | Open → |
| Q2 20262026-06-30 | $317M | $39.4M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 213 of 298 companies compared | 2.3% | |
| Operating marginRank 225 of 297 companies compared | 2.0% | |
| R&D as share of revenueRank 223 of 253 companies compared | 1.9% | |
| Cash as share of revenueRank 284 of 297 companies compared | 4.2% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Mediaalpha, Inc.
- Ticker
- MAX
- Exchange
- NYSE
- SIC classification
- Services-Business Services, NEC (7389)
- Fiscal year end
- 12-31
- CIK
- 0001818383
Filings
- 10-QJul 29, 2026Open filing →
- 10-QApr 29, 2026Open filing →
- 10-KFeb 23, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Five9FIVN | $1.1B | $39.4M |
| Extreme NetworksEXTR | $1.1B | −$7.5M |
| BlackbaudBLKB | $1.1B | $115M |
| MediaalphaMAX | $1.1B | $25.6M |
| Waystar HoldingWAY | $1.1B | $112M |
| Esco TechnologiesESE | $1.1B | $299M |
| QuinstreetQNST | $1.1B | $4.7M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Mediaalpha — Key figures |url=https://companiesranked.com/en/company/mediaalpha |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Mediaalpha — Key figures. CompaniesRanked. https://companiesranked.com/en/company/mediaalphaBibTeX
@misc{companiesranked-en-company-mediaalpha-2026,
author = {{CompaniesRanked}},
title = {{Mediaalpha — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/mediaalpha}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001818383-26-000049 · February 23, 2026
{{cite web |title=Mediaalpha — Key figures — 10-K (0001818383-26-000049) |url=https://www.sec.gov/Archives/edgar/data/1818383/000181838326000049/max-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-23}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.