MediaAlpha (MAX) Free Cash Flow (2019 - 2026)
MediaAlpha (MAX) posted quarterly Free Cash Flow of $41.8 million for Q2 2026, up 63.67% year-over-year from $25.5 million in Q2 2025, and up 2716.58% quarter-over-quarter from -$1.6 million in Q1 2026.
MediaAlpha (MAX) Free Cash Flow (2019 - 2026) Analysis & Trends
MediaAlpha (MAX) has reported Free Cash Flow for 8 consecutive years, with $41.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow rose 63.67% year-over-year to $41.8 million; the TTM figure through Jun 2026 stood at $56.3 million (down 21.49% YoY), while the FY2025 annual figure was $65.3 million, up 43.05% from the prior year.
- Free Cash Flow grew to $41.8 million in Q2 2026 per MAX's latest filing, from -$1.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $41.8 million in Q2 2026 and bottomed at -$7.5 million in Q4 2025.
- Historically, Free Cash Flow has averaged $11.1 million across 5 years, with a median of $10.0 million in 2022.
- On a YoY basis, Free Cash Flow climbed as much as 1338.2% in 2025 and fell as far as 151.71% in 2025.
- MediaAlpha's Free Cash Flow stood at -$6.7 million in 2022, then soared by 179.0% to $5.3 million in 2023, then jumped by 174.23% to $14.5 million in 2024, then slumped by 151.71% to -$7.5 million in 2025, then jumped by 658.4% to $41.8 million in 2026.
- Business Quant data shows MAX's Free Cash Flow at $41.8 million in Q2 2026, -$1.6 million in Q1 2026, and -$7.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 1.24 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 984.60 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 290,746.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 4.73 Bn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 260.74 Mn | |
| 10 | MediaAlpha | 703.02 Mn | 679.28 Mn | 45.17 Mn | 41.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.81 Mn |
| Jun 30, 2026 | 41.81 Mn |
| 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 |