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

MediaAlpha (MAX) reported Free Cash Flow of -$1.6 million for Q1 2026, down 106.76% year-over-year from $23.6 million in Q1 2025, and up 78.66% quarter-over-quarter from -$7.5 million in Q4 2025.

MediaAlpha (MAX) Free Cash Flow (2019 - 2026) Analysis & Trends

MediaAlpha (MAX) has 8 years of Free Cash Flow data on file, last reported at -$1.6 million in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$1.6 million, down 106.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $40.0 million (down 40.82% YoY), and the FY2025 annual result was $65.3 million, up 43.05% from the prior year.
  • Free Cash Flow climbed to -$1.6 million in Q1 2026 per MAX's latest filing, 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.
  • A 5-year average of $9.3 million and a median of $8.3 million in 2022 frame the typical range for Free Cash Flow.
  • On a YoY basis, Free Cash Flow climbed as much as 1338.2% in 2025 and fell as far as 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 sank by 151.71% to -$7.5 million in 2025, then jumped by 78.66% to -$1.6 million in 2026.
  • Business Quant data shows MAX's Free Cash Flow at -$1.6 million in Q1 2026, -$7.5 million in Q4 2025, and $23.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 4.73 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 10.12 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 16.19 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 984.60 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 311.16 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 311.68 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 171.82 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 286.01 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 166.00 Mn
10 MediaAlpha 506.52 Mn 449.46 Mn 304.68 Mn -1.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.60 Mn
Mar 31, 2026 -1.60 Mn
Dec 31, 2025 -7.49 Mn
Dec 31, 2025 -7.49 Mn
Sep 30, 2025 23.56 Mn
Sep 30, 2025 23.56 Mn
Jun 30, 2025 25.55 Mn
Jun 30, 2025 25.55 Mn
Mar 31, 2025 23.64 Mn
Mar 31, 2025 23.64 Mn
Dec 31, 2024 14.48 Mn
Dec 31, 2024 14.48 Mn
Sep 30, 2024 8.01 Mn
Sep 30, 2024 8.01 Mn
Jun 30, 2024 21.48 Mn
Jun 30, 2024 21.48 Mn
Mar 31, 2024 1.64 Mn
Mar 31, 2024 1.64 Mn
Dec 31, 2023 5.28 Mn
Dec 31, 2023 5.28 Mn