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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 311.16 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |