MediaAlpha (MAX) Total Debt (2019 - 2026)
MediaAlpha's Total Debt came in at $174.92 million for Q3 2026, up 12.4% from $155.69 million a year earlier but down 1.0% from the prior quarter.
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Analysis
MediaAlpha (MAX) Total Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, MediaAlpha's Total Debt was $153.41 million, down 5.6% from FY2024.
- Total Debt has declined in each of the last four years, with a five-year compound annual growth rate of -3.4% (FY2020 to FY2025).
- Going back by year, Total Debt was $162.45 million in FY2024 (-6.8%), $174.3 million in FY2023 (-4.8%), $183.07 million in FY2022 (-2.0%) and $186.8 million in FY2021 (+2.3%).
- The five-year range for quarterly Total Debt is $153.41 million (Q4 2025) to $207.44 million (Q2 2022).
- Year-over-year, Total Debt has increased for three consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q2 2022 (growth of 13.1%), and the weakest in Q2 2023 (a decline of 13.9%).
- Business Quant data shows MAX's Total Debt at $176.71 million (Q2 2026), $163.5 million (Q1 2026) and $153.41 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 125.10 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 80.92 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 15.13 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 21.57 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 15.66 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 3.52 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 20.06 Bn |
| 10 | MediaAlpha | 748.77 Mn | 633.42 Mn | 55.33 Mn | 174.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 174.92 Mn |
| Jun 30, 2026 | 176.71 Mn |
| Mar 31, 2026 | 163.50 Mn |
| Dec 31, 2025 | 153.41 Mn |
| Sep 30, 2025 | 155.69 Mn |
| Jun 30, 2025 | 158.02 Mn |
| Mar 31, 2025 | 160.23 Mn |
| Dec 31, 2024 | 162.45 Mn |
| Sep 30, 2024 | 164.65 Mn |
| Jun 30, 2024 | 166.85 Mn |
| Mar 31, 2024 | 172.10 Mn |
| Dec 31, 2023 | 174.30 Mn |
| Sep 30, 2023 | 176.49 Mn |
| Jun 30, 2023 | 178.69 Mn |
| Mar 31, 2023 | 180.88 Mn |
| Dec 31, 2022 | 183.07 Mn |
| Sep 30, 2022 | 190.25 Mn |
| Jun 30, 2022 | 207.44 Mn |
| Mar 31, 2022 | 184.62 Mn |
| Dec 31, 2021 | 186.80 Mn |
API Access
MediaAlpha Total Debt 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=total-debt&ticker=MAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();