MediaAlpha (MAX) Accumulated Expenses (2019 - 2026)
MediaAlpha (MAX) reported Accumulated Expenses of $12.51 million for Q2 2026, down 80.5% from $63.98 million a year earlier and down 14.4% from the prior quarter.
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Analysis
MediaAlpha (MAX) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, MediaAlpha posted Accumulated Expenses of $34.75 million, up 87.4% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of 30.4% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $18.54 million in FY2024 (+60.0%), $11.59 million in FY2023 (-18.0%), $14.13 million in FY2022 (+3.0%) and $13.72 million in FY2021 (+49.0%).
- The Q2 2026 figure ranks as the lowest quarterly Accumulated Expenses since Q2 2024.
- Year over year, Accumulated Expenses gained in six of the last eight quarters, with growth averaging 115.8%.
- The high point for year-over-year Accumulated Expenses in five years was Q2 2025 (growth of 441.8%); the low point was Q2 2026 (a decline of 80.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $14.6 million (Q1 2026), $34.75 million (Q4 2025) and $65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | MediaAlpha | 506.55 Mn | 337.68 Mn | 45.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.51 Mn |
| Mar 31, 2026 | 14.60 Mn |
| Dec 31, 2025 | 34.75 Mn |
| Sep 30, 2025 | 65.00 Mn |
| Jun 30, 2025 | 63.98 Mn |
| Mar 31, 2025 | 18.20 Mn |
| Dec 31, 2024 | 18.54 Mn |
| Sep 30, 2024 | 14.20 Mn |
| Jun 30, 2024 | 11.81 Mn |
| Mar 31, 2024 | 10.83 Mn |
| Dec 31, 2023 | 11.59 Mn |
| Sep 30, 2023 | 12.71 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 10.07 Mn |
| Dec 31, 2022 | 14.13 Mn |
| Sep 30, 2022 | 12.72 Mn |
| Jun 30, 2022 | 13.20 Mn |
| Mar 31, 2022 | 10.01 Mn |
| Dec 31, 2021 | 13.72 Mn |
| Sep 30, 2021 | 7.44 Mn |
API Access
MediaAlpha Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();