MediaAlpha (MAX) Cash & Equivalents (2019 - 2026)
MediaAlpha (MAX) reported Cash & Equivalents of $18.68 million for Q3 2026, down 51.9% from $38.84 million a year earlier and down 21.3% from the prior quarter.
MediaAlpha (MAX) Cash & Equivalents (2019 - 2026) Analysis & Trends
At the end of FY2025, MediaAlpha posted Cash & Equivalents of $46.88 million, up 8.3% from FY2024.
- Cash & Equivalents has increased for three consecutive years, with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- By year, Cash & Equivalents came in at $43.27 million in FY2024 (+150.5%), $17.27 million in FY2023 (+18.8%), $14.54 million in FY2022 (-71.2%) and $50.56 million in FY2021 (+114.7%).
- The Q3 2026 figure ranks as the lowest quarterly Cash & Equivalents since Q1 2024.
- Year over year, Cash & Equivalents has now declined in each of the last three quarters, with growth averaging 66.6% over the last eight quarters.
- The high point for year-over-year Cash & Equivalents in five years was Q1 2025 (growth of 339.2%); the low point was Q2 2026 (a decline of 72.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $23.75 million (Q2 2026), $26.05 million (Q1 2026) and $46.88 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 56.33 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 11.22 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 8.19 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 21.06 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 1.87 Bn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 9.56 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 3.17 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 6.84 Bn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 15.81 Bn |
| 10 | MediaAlpha | 748.77 Mn | 633.42 Mn | 55.33 Mn | 18.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.68 Mn |
| Jun 30, 2026 | 23.75 Mn |
| Mar 31, 2026 | 26.05 Mn |
| Dec 31, 2025 | 46.88 Mn |
| Sep 30, 2025 | 38.84 Mn |
| Jun 30, 2025 | 85.38 Mn |
| Mar 31, 2025 | 63.56 Mn |
| Dec 31, 2024 | 43.27 Mn |
| Sep 30, 2024 | 32.30 Mn |
| Jun 30, 2024 | 28.66 Mn |
| Mar 31, 2024 | 14.47 Mn |
| Dec 31, 2023 | 17.27 Mn |
| Sep 30, 2023 | 15.20 Mn |
| Jun 30, 2023 | 20.03 Mn |
| Mar 31, 2023 | 19.53 Mn |
| Dec 31, 2022 | 14.54 Mn |
| Sep 30, 2022 | 30.21 Mn |
| Jun 30, 2022 | 35.19 Mn |
| Mar 31, 2022 | 55.29 Mn |
| Dec 31, 2021 | 50.56 Mn |
MediaAlpha Cash & Equivalents 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=cash-and-equivalents&ticker=MAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();