MediaAlpha financials
$9.38+1.96%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $316.9M | $310.0M | $291.2M | $306.5M | $251.6M | $264.3M | $300.6M | $259.1M | $178.3M | $126.6M | $117.2M | $74.6M |
| Gross profit | $45.2M | $46.7M | $44.8M | $43.4M | $37.7M | $41.6M | $49.0M | $39.2M | $31.7M | $23.7M | $22.3M | $12.3M |
| Gross margin | 14.3% | 15.1% | 15.4% | 14.2% | 15.0% | 15.8% | 16.3% | 15.1% | 17.8% | 18.7% | 19.0% | 16.5% |
| Operating income | $20.0M | $22.4M | $22.3M | $19.7M | -$20.0M | $116.0K | $18.3M | $15.6M | $6.5M | $2.4M | $446.0K | -$14.7M |
| Net income | $39.4M | $11.5M | $31.4M | $14.9M | -$18.7M | -$1.9M | $4.6M | $9.5M | $3.6M | -$1.1M | -$2.4M | -$13.5M |
| Net margin | 12.4% | 3.7% | 10.8% | 4.9% | −7.4% | −0.7% | 1.5% | 3.7% | 2.0% | −0.9% | −2.0% | −18.1% |
| Diluted EPS | $0.65 | $0.21 | $0.32 | $0.26 | $-0.33 | $-0.04 | $0.08 | $0.17 | $0.07 | $-0.02 | $-0.05 | $-0.29 |
| EBITDA | $20.5M | $22.9M | $22.9M | $20.3M | -$19.5M | $15.0M | $19.9M | $17.3M | $8.2M | $4.0M | $446.0K | -$12.9M |
| Operating cash flow | $42.6M | -$1.6M | -$7.4M | $23.6M | $25.7M | $23.7M | $14.5M | $8.1M | $21.6M | $1.7M | $5.3M | -$1.4M |
| Free cash flow | $41.8M | -$1.6M | -$7.5M | $23.6M | $25.5M | $23.6M | $14.5M | $8.0M | $21.5M | $1.6M | $5.3M | -$1.4M |
| Diluted shares | 62.1M | 55.8M | 98.8M | 56.6M | 56.1M | 55.6M | 55.3M | 54.9M | 53.4M | 48.6M | 47.0M | 46.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $23.7M | $26.1M | $46.9M | $38.8M | $85.4M | $63.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $176.7M | $163.5M | $153.4M | $155.7M | $158.0M | $160.2M |
| Total assets | $359.8M | $367.7M | $383.8M | $266.2M | $249.4M | $240.0M |
| Total liabilities | $364.8M | $396.8M | $413.0M | $332.0M | $306.4M | $281.2M |
| Shareholders' equity | -$4.9M | -$29.1M | -$29.2M | -$65.8M | -$57.0M | -$41.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology