Growth Metrics

MediaAlpha (MAX) Research & Development (2019 - 2025)

MediaAlpha has reported Research & Development over the past 7 years, most recently at $5.3 million for Q4 2025.

  • Quarterly results put Research & Development at $5.3 million for Q4 2025, up 6.11% from a year ago — trailing twelve months through Dec 2025 was $21.4 million (up 8.26% YoY), and the annual figure for FY2025 was $21.4 million, up 8.26%.
  • Research & Development for Q4 2025 was $5.3 million at MediaAlpha, down from $5.8 million in the prior quarter.
  • Over the last five years, Research & Development for MAX hit a ceiling of $5.8 million in Q3 2025 and a floor of $3.3 million in Q1 2021.
  • Median Research & Development over the past 5 years was $5.0 million (2024), compared with a mean of $4.8 million.
  • Peak annual rise in Research & Development hit 112.74% in 2021, while the deepest fall reached 38.6% in 2021.
  • MediaAlpha's Research & Development stood at $4.3 million in 2021, then increased by 14.75% to $4.9 million in 2022, then fell by 19.88% to $3.9 million in 2023, then grew by 27.66% to $5.0 million in 2024, then rose by 6.11% to $5.3 million in 2025.
  • The last three reported values for Research & Development were $5.3 million (Q4 2025), $5.8 million (Q3 2025), and $5.4 million (Q2 2025) per Business Quant data.