MediaAlpha (MAX) Payables (2019 - 2026)
MediaAlpha's Payables came in at $113.4 million for Q2 2026, up 49.5% from $75.84 million a year earlier and up 24.1% from the prior quarter.
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Analysis
MediaAlpha (MAX) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, MediaAlpha's Payables was $91.09 million, down 13.7% from FY2024.
- Payables carries a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Going back by year, Payables was $105.56 million in FY2024 (+87.6%), $56.28 million in FY2023 (+4.2%), $53.99 million in FY2022 (-12.6%) and $61.77 million in FY2021 (-37.1%).
- The Q2 2026 figure represents the highest quarterly Payables in data going back to Q4 2019.
- Year-over-year, Payables increased in five of the last eight quarters, with growth averaging 43.5%.
- The fastest year-over-year change in Payables over five years came in Q3 2024 (growth of 182.8%), and the weakest in Q4 2021 (a decline of 37.1%).
- Business Quant data shows MAX's Payables at $91.4 million (Q1 2026), $91.09 million (Q4 2025) and $102.68 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 3.30 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 11.29 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 778.94 Mn |
| 10 | MediaAlpha | 488.00 Mn | 319.13 Mn | 45.17 Mn | 113.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.40 Mn |
| Mar 31, 2026 | 91.40 Mn |
| Dec 31, 2025 | 91.09 Mn |
| Sep 30, 2025 | 102.68 Mn |
| Jun 30, 2025 | 75.84 Mn |
| Mar 31, 2025 | 82.35 Mn |
| Dec 31, 2024 | 105.56 Mn |
| Sep 30, 2024 | 109.58 Mn |
| Jun 30, 2024 | 90.60 Mn |
| Mar 31, 2024 | 53.59 Mn |
| Dec 31, 2023 | 56.28 Mn |
| Sep 30, 2023 | 38.75 Mn |
| Jun 30, 2023 | 37.82 Mn |
| Mar 31, 2023 | 46.31 Mn |
| Dec 31, 2022 | 53.99 Mn |
| Sep 30, 2022 | 42.34 Mn |
| Jun 30, 2022 | 33.43 Mn |
| Mar 31, 2022 | 51.51 Mn |
| Dec 31, 2021 | 61.77 Mn |
| Sep 30, 2021 | 44.21 Mn |
API Access
MediaAlpha Payables 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=payables&ticker=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();