MediaAlpha (MAX) Operating Income (2019 - 2026)
MediaAlpha's Operating Income was $19.96 million in Q2 2026, compared with -$20.04 million a year earlier and down 10.8% from the prior quarter.
MediaAlpha (MAX) Operating Income (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, MediaAlpha's Operating Income was $84.38 million through Jun 30, 2026, up 505.6% year-over-year; for FY2025, it came in at $22.12 million, down 48.2% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- In earlier years, Operating Income was $42.73 million in FY2024, -$39.92 million in FY2023, -$35.39 million in FY2022 and $2.15 million in FY2021 (-89.0%).
- Quarterly Operating Income has moved between -$20.04 million (Q2 2025) and $22.37 million (Q1 2026) over five years.
- Per Business Quant data, MAX's Operating Income in the three quarters before Q2 2026 was $22.37 million (Q1 2026), $22.31 million (Q4 2025) and $19.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 4.09 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.49 Bn |
| 10 | MediaAlpha | 488.00 Mn | 319.13 Mn | 45.17 Mn | 19.96 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.96 Mn |
| Mar 31, 2026 | 22.37 Mn |
| Dec 31, 2025 | 22.31 Mn |
| Sep 30, 2025 | 19.73 Mn |
| Jun 30, 2025 | -20.04 Mn |
| Mar 31, 2025 | 116,000.00 |
| Dec 31, 2024 | 18.25 Mn |
| Sep 30, 2024 | 15.61 Mn |
| Jun 30, 2024 | 6.49 Mn |
| Mar 31, 2024 | 2.37 Mn |
| Dec 31, 2023 | 446,000.00 |
| Sep 30, 2023 | -14.75 Mn |
| Jun 30, 2023 | -16.07 Mn |
| Mar 31, 2023 | -9.55 Mn |
| Dec 31, 2022 | -6.54 Mn |
| Sep 30, 2022 | -10.58 Mn |
| Jun 30, 2022 | -10.41 Mn |
| Mar 31, 2022 | -7.87 Mn |
| Dec 31, 2021 | -1.63 Mn |
| Sep 30, 2021 | -65,000.00 |
MediaAlpha Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();