MediaAlpha (MAX) Shares Outstanding (Diluted Average) (2020 - 2026)
MediaAlpha (MAX) reported Shares Outstanding (Diluted Average) of $55.8 million for Q1 2026, little changed year-over-year from $55.6 million in Q1 2025, and down 16.38% quarter-over-quarter from $66.8 million in Q4 2025.
MediaAlpha (MAX) Shares Outstanding (Diluted Average) (2020 - 2026) Analysis & Trends
MediaAlpha (MAX) has 7 years of Shares Outstanding (Diluted Average) data on file, last reported at $55.8 million in Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $55.8 million, changed 0.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.8 million (changed 0.38% YoY), and the FY2025 annual result was $66.8 million, up 25.91% from the prior year.
- Shares Outstanding (Diluted Average) retreated to $55.8 million in Q1 2026 per MAX's latest filing, from $66.8 million in the prior quarter.
- Over five years, Shares Outstanding (Diluted Average) peaked at $66.8 million in Q4 2025 and troughed at $40.8 million in Q1 2022.
- A 5-year average of $50.5 million and a median of $48.6 million in 2024 frame the typical range for Shares Outstanding (Diluted Average).
- The sharpest annual moves came in 2022 and 2024: Shares Outstanding (Diluted Average) sank 34.29% in 2022, then surged 47.96% in 2024.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $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, then retreated by 16.38% to $55.8 million in 2026.
- Business Quant data shows MAX's Shares Outstanding (Diluted Average) at $55.8 million in Q1 2026, $66.8 million in Q4 2025, and $56.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | - |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 2.56 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 4,039.07 |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 202.52 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 636.59 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 948.09 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.69 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 239.64 Mn |
| 10 | MediaAlpha | 506.52 Mn | 449.46 Mn | 304.68 Mn | 55.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.85 Mn |
| Dec 31, 2025 | 66.79 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 | 65.87 Mn |
| Mar 31, 2024 | 48.57 Mn |
| Dec 31, 2023 | 45.57 Mn |
| Sep 30, 2023 | 45.10 Mn |
| Jun 30, 2023 | 44.52 Mn |
| Mar 31, 2023 | 43.87 Mn |
| Dec 31, 2022 | 41.94 Mn |
| Sep 30, 2022 | 41.59 Mn |
| Jun 30, 2022 | 41.28 Mn |
| Mar 31, 2022 | 40.85 Mn |
| Dec 31, 2021 | 61.26 Mn |
| Sep 30, 2021 | 36.43 Mn |
| Jun 30, 2021 | 37.67 Mn |