MediaAlpha (MAX) Operating Income (2019 - 2026)
MediaAlpha's Operating Income was $28.83 million in Q3 2026, up 46.1% from $19.73 million a year earlier and up 44.4% from the prior quarter.
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Analysis
MediaAlpha (MAX) Operating Income (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, MediaAlpha's Operating Income was $93.48 million through Sep 30, 2026, up 417.7% 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%).
- The Q3 2026 figure marks the highest quarterly Operating Income in data going back to Q3 2019.
- Compared with a year earlier, Operating Income was higher in three of the last four quarters, with an average decline of 0.1%.
- Per Business Quant data, MAX's Operating Income in the three quarters before Q3 2026 was $19.96 million (Q2 2026), $22.37 million (Q1 2026) and $22.31 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 40.58 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 12.99 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 4.46 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 2.23 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 568.00 Mn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 1.45 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 1.71 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 773.09 Mn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 3.42 Bn |
| 10 | MediaAlpha | 748.77 Mn | 633.42 Mn | 55.33 Mn | 28.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.83 Mn |
| 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 |
API Access
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_KEYimport 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();