Growth Metrics

MediaAlpha (MAX) Free Cash Flow (2019 - 2026)

MediaAlpha has reported Free Cash Flow over the past 8 years, most recently at -$1.6 million for Q1 2026.

  • Quarterly Free Cash Flow fell 106.76% to -$1.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $40.0 million through Mar 2026, down 40.82% year-over-year, with the annual reading at $65.3 million for FY2025, 43.05% up from the prior year.
  • Free Cash Flow was -$1.6 million for Q1 2026 at MediaAlpha, up from -$7.5 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $25.5 million in Q2 2025 and troughed at -$7.5 million in Q4 2025.
  • The 5-year median for Free Cash Flow is $8.3 million (2022), against an average of $9.3 million.
  • The largest YoY upside for Free Cash Flow was 1338.2% in 2025 against a maximum downside of 151.71% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$6.7 million in 2022, then surged by 179.0% to $5.3 million in 2023, then soared by 174.23% to $14.5 million in 2024, then tumbled by 151.71% to -$7.5 million in 2025, then skyrocketed by 78.66% to -$1.6 million in 2026.
  • Per Business Quant, the three most recent readings for MAX's Free Cash Flow are -$1.6 million (Q1 2026), -$7.5 million (Q4 2025), and $23.6 million (Q3 2025).