MediaAlpha (MAX) Shares Outstanding (2020 - 2026)
MediaAlpha (MAX) posted quarterly Shares Outstanding (Entity) of $53.0 million for Q2 2026, down 6.0% year-over-year from $56.4 million in Q2 2025, and down 2.93% quarter-over-quarter from $54.6 million in Q1 2026.
Analysis
MediaAlpha (MAX) Shares Outstanding (2020 - 2026) Analysis & Trends
MediaAlpha (MAX) has reported Shares Outstanding (Entity) for 7 consecutive years, with $53.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Shares Outstanding (Entity) fell 6.0% year-over-year to $53.0 million; the TTM figure through Jun 2026 stood at $53.0 million (down 6.0% YoY), while the FY2025 annual figure was $56.2 million, up 1.35% from the prior year.
- Shares Outstanding (Entity) fell to $53.0 million in Q2 2026 per MAX's latest filing, from $54.6 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $56.9 million in Q3 2025 and bottomed at $41.6 million in Q1 2022.
- Historically, Shares Outstanding (Entity) has averaged $50.2 million across 5 years, with a median of $51.9 million in 2024.
- Annual changes were most pronounced in 2024 — Shares Outstanding (Entity) grew 19.35% — and 2026, when it declined 6.0%.
- MediaAlpha's Shares Outstanding (Entity) stood at $43.7 million in 2022, then advanced by 8.5% to $47.4 million in 2023, then climbed by 17.09% to $55.5 million in 2024, then climbed by 1.35% to $56.2 million in 2025, then declined by 5.73% to $53.0 million in 2026.
- Business Quant data shows MAX's Shares Outstanding (Entity) at $53.0 million in Q2 2026, $54.6 million in Q1 2026, and $56.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 12.15 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.54 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 205.41 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 242.53 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 192.35 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 837.83 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 1.53 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 562.91 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 232.50 Mn |
| 10 | MediaAlpha | 681.52 Mn | 657.78 Mn | 45.17 Mn | 53.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.75 Mn |
| Mar 31, 2026 | 55.85 Mn |
| Dec 31, 2025 | 56.24 Mn |
| Sep 30, 2025 | 56.62 Mn |
| Jun 30, 2025 | 56.14 Mn |
| Mar 31, 2025 | 55.63 Mn |
| Dec 31, 2024 | 53.04 Mn |
| Sep 30, 2024 | 54.91 Mn |
| Jun 30, 2024 | 53.37 Mn |
| Mar 31, 2024 | 48.57 Mn |
| Dec 31, 2023 | 45.57 Mn |
| Sep 30, 2023 | 46.23 Mn |
| Jun 30, 2023 | 45.16 Mn |
| Mar 31, 2023 | 43.87 Mn |
| Dec 31, 2022 | 41.94 Mn |
| Sep 30, 2022 | 42.21 Mn |
| Jun 30, 2022 | 41.71 Mn |
| Mar 31, 2022 | 40.85 Mn |
| Dec 31, 2021 | 37.28 Mn |
| Sep 30, 2021 | 38.42 Mn |