MediaAlpha, Inc. (MAX) Shares Outstanding (Entity) (2020 - 2026)
MediaAlpha's Shares Outstanding (Entity) was 52.99 million in Q2 2026, down 22.0% from 67.94 million a year earlier and down 2.9% from the prior quarter.
MediaAlpha, Inc. (MAX) Shares Outstanding (Entity) (2020 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at MediaAlpha came in at 56.21 million, down 16.1% from FY2024.
- Shares Outstanding (Entity) shows a five-year compound annual growth rate of -0.9% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 67.03 million in FY2024 (+2.4%), 65.47 million in FY2023 (+4.7%), 62.55 million in FY2022 (+2.6%) and 60.96 million in FY2021 (+3.5%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Entity) in data going back to Q4 2020.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for four straight quarters, with an average decline of 7.7% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q4 2023 (growth of 4.7%); the worst was Q2 2026 (a decline of 22.0%).
- Per Business Quant data, MAX's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 54.58 million (Q1 2026), 56.21 million (Q4 2025) and 56.87 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.99 Mn |
| Mar 31, 2026 | 54.58 Mn |
| Dec 31, 2025 | 56.21 Mn |
| Sep 30, 2025 | 56.87 Mn |
| Jun 30, 2025 | 67.94 Mn |
| Mar 31, 2025 | 67.47 Mn |
| Dec 31, 2024 | 67.03 Mn |
| Sep 30, 2024 | 66.66 Mn |
| Jun 30, 2024 | 66.27 Mn |
| Mar 31, 2024 | 65.84 Mn |
| Dec 31, 2023 | 65.47 Mn |
| Sep 30, 2023 | 64.70 Mn |
| Jun 30, 2023 | 63.98 Mn |
| Mar 31, 2023 | 63.53 Mn |
| Dec 31, 2022 | 62.55 Mn |
| Sep 30, 2022 | 61.91 Mn |
| Jun 30, 2022 | 61.41 Mn |
| Mar 31, 2022 | 61.20 Mn |
| Dec 31, 2021 | 60.96 Mn |
| Sep 30, 2021 | 60.22 Mn |
MediaAlpha, Inc. Shares Outstanding (Entity) 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-entity&ticker=MAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();