MediaAlpha, Inc. (MAX) Research & Development (2019 - 2026)

MediaAlpha has disclosed Research & Development across 8 years of filings, most recently posting $5.5 million for Q1 2026.

• In Q1 2026, Research & Development rose 11.65% year-over-year to $5.5 million; the TTM figure through Mar 2026 stood at $22.0 million (up 8.27% YoY), while the FY2025 annual figure was $21.4 million, up 8.26% from the prior year.
• Research & Development grew to $5.5 million in Q1 2026, from $5.3 million in the prior quarter.
• Over the last five years, Research & Development for MAX reached as high as $5.8 million in Q3 2025 and fell as low as $3.9 million in Q4 2023.
• The 5-year median for Research & Development is $5.2 million (2023), against an average of $5.1 million.
• Annual changes were most pronounced in 2022 — Research & Development soared 57.11% — and 2023, when it retreated 19.88%.
• A 5-year view of Research & Development shows it stood at $4.9 million in 2022, then slipped by 19.88% to $3.9 million in 2023, then gained by 27.66% to $5.0 million in 2024, then climbed by 6.11% to $5.3 million in 2025, then advanced by 2.38% to $5.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $5.5 million, $5.3 million, and $5.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.