Growth Metrics

MediaAlpha (MAX) Shares Outstanding (Diluted Average) (2020 - 2025)

MediaAlpha has reported Shares Outstanding (Diluted Average) over the past 6 years, most recently at $66.8 million for Q4 2025.

  • Quarterly results put Shares Outstanding (Diluted Average) at $66.8 million for Q4 2025, up 25.91% from a year ago — trailing twelve months through Dec 2025 was $66.8 million (up 25.91% YoY), and the annual figure for FY2025 was $66.8 million, up 25.91%.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $66.8 million at MediaAlpha, down from $67.4 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for MAX hit a ceiling of $67.4 million in Q3 2025 and a floor of $35.4 million in Q2 2021.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $50.8 million (2024), compared with a mean of $51.2 million.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): skyrocketed 90.63% in 2021 and later crashed 34.29% in 2022.
  • MediaAlpha's Shares Outstanding (Diluted Average) stood at $61.3 million in 2021, then tumbled by 31.53% to $41.9 million in 2022, then increased by 8.65% to $45.6 million in 2023, then grew by 16.39% to $53.0 million in 2024, then increased by 25.91% to $66.8 million in 2025.
  • The last three reported values for Shares Outstanding (Diluted Average) were $66.8 million (Q4 2025), $67.4 million (Q3 2025), and $56.1 million (Q2 2025) per Business Quant data.