MediaAlpha (MAX) Debt to Equity (2019 - 2026)

MediaAlpha (MAX) reported Debt to Equity of $85.29 for Q1 2026, up 2292.19% year-over-year from $3.57 in Q1 2025, and up 1723.1% quarter-over-quarter from -$5.25 in Q4 2025.

MediaAlpha (MAX) Debt to Equity (2019 - 2026) Analysis & Trends

MediaAlpha (MAX) has 8 years of Debt to Equity data on file, last reported at $85.29 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $85.29, up 2292.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $85.29 (up 2292.19% YoY), and the FY2025 annual result was -$5.25, down 49.55% from the prior year.
  • Debt to Equity rose to $85.29 in Q1 2026 per MAX's latest filing, from -$5.25 in the prior quarter.
  • Over five years, Debt to Equity peaked at $85.29 in Q1 2026 and troughed at -$5.25 in Q4 2025.
  • A 5-year average of $2.44 and a median of -$2.37 in 2025 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2025 and 2026: Debt to Equity slumped 102.11% in 2025, then soared 2292.19% in 2026.
  • A 5-year view of Debt to Equity shows it stood at -$2.13 in 2022, then climbed by 13.2% to -$1.85 in 2023, then tumbled by 90.35% to -$3.51 in 2024, then tumbled by 49.55% to -$5.25 in 2025, then jumped by 1723.1% to $85.29 in 2026.
  • Business Quant data shows MAX's Debt to Equity at $85.29 in Q1 2026, -$5.25 in Q4 2025, and -$2.37 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 1.17
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.16
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.24
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.70
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.08
10 MediaAlpha 506.52 Mn 449.46 Mn 304.68 Mn 85.29

Historic Data

Download Data
DateValue
Mar 31, 2026 85.29
Dec 31, 2025 -5.25
Sep 30, 2025 -2.37
Jun 30, 2025 -2.77
Mar 31, 2025 -3.89
Dec 31, 2024 -3.51
Sep 30, 2024 -2.76
Jun 30, 2024 -2.14
Mar 31, 2024 -1.92
Dec 31, 2023 -1.85
Sep 30, 2023 -1.77
Jun 30, 2023 -1.89
Mar 31, 2023 -2.04
Dec 31, 2022 -2.13
Sep 30, 2022 -2.78
Jun 30, 2022 -3.49
Mar 31, 2022 -3.20
Dec 31, 2021 -3.03
Sep 30, 2021 -2.56
Jun 30, 2021 -2.31