MediaAlpha, Inc. (MAX) Invested Capital (2019 - 2026)

MediaAlpha (MAX) posted quarterly Invested Capital of $165.4 million for Q1 2026, up 38.95% YoY from $119.0 million in Q1 2025, and up 33.17% sequentially from $124.2 million in Q4 2025.

MediaAlpha, Inc. (MAX) Invested Capital (2019 - 2026) Analysis & Trends

MediaAlpha has disclosed Invested Capital across 8 years of filings, most recently posting $165.4 million for Q1 2026.

  • In Q1 2026, Invested Capital rose 38.95% year-over-year to $165.4 million; the TTM figure through Mar 2026 stood at $165.4 million (up 38.95% YoY), while the FY2025 annual figure was $124.2 million, up 6.89% from the prior year.
  • Invested Capital improved to $165.4 million in Q1 2026, from $124.2 million in the prior quarter.
  • Over the last five years, Invested Capital for MAX reached as high as $165.4 million in Q1 2026 and fell as low as $76.8 million in Q3 2023.
  • The 5-year median for Invested Capital is $101.1 million (2025), against an average of $107.0 million.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 241.96% — and 2023, when it tumbled 43.03%.
  • A 5-year view of Invested Capital shows it stood at $97.0 million in 2022, then dropped by 17.64% to $79.9 million in 2023, then soared by 45.5% to $116.2 million in 2024, then advanced by 6.89% to $124.2 million in 2025, then soared by 33.17% to $165.4 million in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $165.4 million, $124.2 million, and $89.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 165.42 Mn
Dec 31, 2025 124.22 Mn
Sep 30, 2025 89.91 Mn
Jun 30, 2025 101.07 Mn
Mar 31, 2025 119.05 Mn
Dec 31, 2024 116.21 Mn
Sep 30, 2024 105.03 Mn
Jun 30, 2024 88.88 Mn
Mar 31, 2024 82.70 Mn
Dec 31, 2023 79.87 Mn
Sep 30, 2023 76.82 Mn
Jun 30, 2023 84.29 Mn
Mar 31, 2023 92.17 Mn
Dec 31, 2022 96.99 Mn
Sep 30, 2022 121.85 Mn
Jun 30, 2022 147.96 Mn
Mar 31, 2022 126.97 Mn
Dec 31, 2021 125.23 Mn
Sep 30, 2021 113.64 Mn
Jun 30, 2021 104.09 Mn