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 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 1,185.69%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 9.21%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 28.74%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 18.55%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 46.90%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 30.94%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 0.06%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 20.14%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 18.71%
10 MediaAlpha 566.84 Mn 509.78 Mn 304.68 Mn -0.52%

Historic Data

Download Data
DateValue
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%