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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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MediaAlpha (MAX) Operating Expenses (2019 - 2025)

MediaAlpha (MAX) has disclosed Operating Expenses for 7 consecutive years, with $268.8 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 4.8% to $268.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.1 billion, a 32.79% increase, with the full-year FY2025 number at $1.1 billion, up 32.79% from a year prior.
  • Operating Expenses was $268.8 million for Q4 2025 at MediaAlpha, down from $286.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $286.8 million in Q3 2025 to a low of $89.3 million in Q3 2023.
  • A 5-year average of $174.0 million and a median of $154.1 million in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: tumbled 34.83% in 2022, then surged 172.64% in 2024.
  • MediaAlpha's Operating Expenses stood at $163.3 million in 2021, then fell by 20.04% to $130.5 million in 2022, then dropped by 10.58% to $116.7 million in 2023, then skyrocketed by 141.93% to $282.4 million in 2024, then fell by 4.8% to $268.8 million in 2025.
  • Per Business Quant, the three most recent readings for MAX's Operating Expenses are $268.8 million (Q4 2025), $286.8 million (Q3 2025), and $271.7 million (Q2 2025).