MediaAlpha (MAX) EBITDA Margin (2019 - 2026)
MediaAlpha (MAX) posted EBITDA Margin of 7.86% for Q3 2026, up 1.17 percentage points from 6.69% a year earlier and up 1.34 percentage points from the prior quarter.
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Analysis
MediaAlpha (MAX) EBITDA Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at MediaAlpha was 7.45%, up 5.38 percentage points year-over-year; for FY2025, it came in at 2.34%, down 3.47 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -1.81 percentage points (FY2020 to FY2025).
- In prior years, MediaAlpha's EBITDA Margin was 5.81% in FY2024 (+14.01 pp), -8.21% in FY2023 (-2.03 pp), -6.18% in FY2022 (-7.22 pp) and 1.04% in FY2021 (-3.11 pp).
- Quarterly EBITDA Margin has run from a low of -17.11% in Q3 2023 to a high of 7.92% in Q4 2025 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last four quarters, with an average year-over-year change of +1.61 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2024, with a gain of 23.86 percentage points; the weakest was Q2 2025, with a drop of 12.35 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 6.52% (Q2 2026), 7.45% (Q1 2026) and 7.92% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 38.37% |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 31.18% |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 68.36% |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | - |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 15.37% |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 11.28% |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 79.79% |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 14.77% |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 40.49% |
| 10 | MediaAlpha | 748.77 Mn | 633.42 Mn | 55.33 Mn | 7.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.86% |
| Jun 30, 2026 | 6.52% |
| Mar 31, 2026 | 7.45% |
| Dec 31, 2025 | 7.92% |
| Sep 30, 2025 | 6.69% |
| Jun 30, 2025 | -7.66% |
| Mar 31, 2025 | 0.69% |
| Dec 31, 2024 | 6.69% |
| Sep 30, 2024 | 6.74% |
| Jun 30, 2024 | 4.69% |
| Mar 31, 2024 | 3.35% |
| Dec 31, 2023 | 2.08% |
| Sep 30, 2023 | -17.11% |
| Jun 30, 2023 | -16.61% |
| Mar 31, 2023 | -6.74% |
| Dec 31, 2022 | -3.65% |
| Sep 30, 2022 | -9.64% |
| Jun 30, 2022 | -8.13% |
| Mar 31, 2022 | -4.81% |
| Dec 31, 2021 | -0.36% |
API Access
MediaAlpha EBITDA Margin 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=ebitda-margin&ticker=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();