MediaAlpha, Inc. (MAX) Shares Outstanding (2020 - 2026)
MediaAlpha (MAX) reported Shares Outstanding of 53.75 million for Q2 2026, down 4.3% from 56.14 million a year earlier and down 3.8% from the prior quarter.
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Analysis
MediaAlpha, Inc. (MAX) Shares Outstanding (2020 - 2026) Analysis & Trends
For FY2025, MediaAlpha posted Shares Outstanding of 56.24 million, up 6.0% from FY2024.
- Shares Outstanding has increased for five consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 53.04 million in FY2024 (+16.4%), 45.57 million in FY2023 (+8.7%), 41.94 million in FY2022 (+12.5%) and 37.28 million in FY2021 (+16.0%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding since Q4 2024.
- Year over year, Shares Outstanding gained in seven of the last eight quarters, with growth averaging 7.5%.
- The high point for year-over-year Shares Outstanding in five years was Q1 2022 (growth of 23.3%); the low point was Q2 2026 (a decline of 4.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 55.85 million (Q1 2026), 56.24 million (Q4 2025) and 56.62 million (Q3 2025).
Peer Set
Peer Comparison
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 |
API Access
MediaAlpha, Inc. Shares Outstanding 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=shares-outstanding&ticker=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();