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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 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| Date | Value |
|---|---|
| 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 |