MediaAlpha (MAX) Enterprise Value (2019 - 2026)
MediaAlpha (MAX) posted quarterly Enterprise Value of -$57.1 million for Q2 2026, up 58.79% year-over-year from -$36.0 million in Q2 2025, and little changed quarter-over-quarter from -$57.1 million in Q1 2026.
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MediaAlpha (MAX) Enterprise Value (2019 - 2026) Analysis & Trends
MediaAlpha (MAX) has reported Enterprise Value for 8 consecutive years, with -$57.1 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Enterprise Value rose 58.79% year-over-year to -$57.1 million; the TTM figure through Jun 2026 stood at -$57.1 million (up 58.79% YoY), while the FY2025 annual figure was -$80.2 million, up 12.68% from the prior year.
- Enterprise Value steadied at -$57.1 million in Q2 2026 per MAX's latest filing, from -$57.1 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$57.1 million in Q1 2026 and bottomed at -$138.6 million in Q2 2025.
- Historically, Enterprise Value has averaged -$93.7 million across 5 years, with a median of -$96.5 million in 2022.
- Annual changes were most pronounced in 2025 — Enterprise Value slumped 68.5% — and 2026, when it jumped 58.79%.
- MediaAlpha's Enterprise Value stood at -$84.6 million in 2022, then fell by 19.81% to -$101.4 million in 2023, then gained by 9.39% to -$91.9 million in 2024, then rose by 12.68% to -$80.2 million in 2025, then rose by 28.82% to -$57.1 million in 2026.
- Business Quant data shows MAX's Enterprise Value at -$57.1 million in Q2 2026, -$57.1 million in Q1 2026, and -$80.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -429.04 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | -90.26 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -6.92 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -9.10 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | -2.79 Bn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -2.14 Bn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -3.09 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -1.27 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | -583.81 Mn |
| 10 | MediaAlpha | 681.52 Mn | 657.78 Mn | 45.17 Mn | -57.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -57.11 Mn |
| Mar 31, 2026 | -57.06 Mn |
| Dec 31, 2025 | -80.23 Mn |
| Sep 30, 2025 | -108.36 Mn |
| Jun 30, 2025 | -138.56 Mn |
| Mar 31, 2025 | -112.66 Mn |
| Dec 31, 2024 | -91.88 Mn |
| Sep 30, 2024 | -83.56 Mn |
| Jun 30, 2024 | -82.23 Mn |
| Mar 31, 2024 | -84.81 Mn |
| Dec 31, 2023 | -101.40 Mn |
| Sep 30, 2023 | -98.63 Mn |
| Jun 30, 2023 | -98.20 Mn |
| Mar 31, 2023 | -94.96 Mn |
| Dec 31, 2022 | -84.63 Mn |
| Sep 30, 2022 | -99.81 Mn |
| Jun 30, 2022 | -98.10 Mn |
| Mar 31, 2022 | -115.15 Mn |
| Dec 31, 2021 | -107.79 Mn |
| Sep 30, 2021 | -87.94 Mn |