Growth Metrics

MediaAlpha (MAX) Net Margin (2019 - 2025)

MediaAlpha (MAX) has disclosed Net Margin for 7 consecutive years, with 11.67% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin rose 924.0% to 11.67% in Q4 2025 year-over-year; TTM through Dec 2025 was 2.4%, a 15.0% decrease, with the full-year FY2025 number at 2.4%, down 15.0% from a year prior.
  • Net Margin was 11.67% for Q4 2025 at MediaAlpha, up from 5.76% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 11.67% in Q4 2025 to a low of 25.07% in Q3 2023.
  • A 5-year average of 6.01% and a median of 2.63% in 2021 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: crashed -2105bps in 2022, then soared 2966bps in 2024.
  • MediaAlpha's Net Margin stood at 2.46% in 2021, then crashed by -828bps to 22.86% in 2022, then soared by 88bps to 2.81% in 2023, then surged by 186bps to 2.43% in 2024, then soared by 381bps to 11.67% in 2025.
  • Per Business Quant, the three most recent readings for MAX's Net Margin are 11.67% (Q4 2025), 5.76% (Q3 2025), and 8.96% (Q2 2025).