MediaAlpha (MAX) FCF Margin (2019 - 2026)
MediaAlpha (MAX) reported FCF Margin of 0.52% for Q1 2026, down 946.0% year-over-year from 0.06% in Q1 2025, and up 79.96% quarter-over-quarter from 2.57% in Q4 2025.
MediaAlpha (MAX) FCF Margin (2019 - 2026) Analysis & Trends
MediaAlpha (MAX) has 8 years of FCF Margin data on file, last reported at 0.52% in Q1 2026.
- FCF Margin for Q1 2026 came in at 0.52%, down 946.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.45% (down 329.0% YoY), and the FY2025 annual result was 5.86%, up 58.0% from the prior year.
- FCF Margin improved to 0.52% in Q1 2026 per MAX's latest filing, from 2.57% in the prior quarter.
- Over five years, FCF Margin peaked at 16.66% in Q3 2022 and troughed at 5.39% in Q4 2022.
- A 5-year average of 5.39% and a median of 4.82% in 2024 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 1123 bps in 2022 and fell as far as 1892 bps in 2022.
- A 5-year view of FCF Margin shows it stood at 5.39% in 2022, then soared by 184 bps to 4.51% in 2023, then increased by 7 bps to 4.82% in 2024, then slumped by 153 bps to 2.57% in 2025, then soared by 80 bps to 0.52% in 2026.
- Business Quant data shows MAX's FCF Margin at 0.52% in Q1 2026, 2.57% in Q4 2025, and 7.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 1,185.69% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 9.21% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 28.74% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 18.55% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 46.90% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 30.94% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 0.06% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 18.71% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 23.45% |
| 10 | MediaAlpha | 506.52 Mn | 449.46 Mn | 304.68 Mn | -0.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.52% |
| Dec 31, 2025 | -2.57% |
| Sep 30, 2025 | 7.68% |
| Jun 30, 2025 | 10.15% |
| Mar 31, 2025 | 8.95% |
| Dec 31, 2024 | 4.82% |
| Sep 30, 2024 | 3.09% |
| Jun 30, 2024 | 12.05% |
| Mar 31, 2024 | 1.30% |
| Dec 31, 2023 | 4.51% |
| Sep 30, 2023 | -1.90% |
| Jun 30, 2023 | 4.44% |
| Mar 31, 2023 | 11.22% |
| Dec 31, 2022 | -5.39% |
| Sep 30, 2022 | 16.66% |
| Jun 30, 2022 | 11.37% |
| Mar 31, 2022 | 5.80% |
| Dec 31, 2021 | 13.53% |
| Sep 30, 2021 | 8.10% |
| Jun 30, 2021 | 2.01% |