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MediaAlpha, Inc. reports developments tied to its programmatic customer acquisition platform for the insurance industry. The company connects insurance carriers with online shoppers through marketplaces serving property and casualty, health, life insurance and related categories, with revenue tied to consumer referrals sold through its platform.

Recurring updates include quarterly and annual results, transaction activity in insurance verticals, carrier participation, the Open Marketplace, AI-powered targeting and conversational insurance-shopping tools, share repurchases, board composition, governance matters and workplace-culture recognition.

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MediaAlpha (NYSE: MAX) reported record second quarter 2026 revenue of $316.9 million, up 26% year over year, with gross margin of 14.3% and Contribution Margin of 14.9%. Net income was $41.8 million, compared with a $22.5 million loss a year earlier, and Adjusted EBITDA reached $29.3 million versus $24.5 million in 2025.

The company repurchased approximately 2.2 million shares for $20 million in Q2, bringing cumulative buybacks under its $100 million program to 5.4 million shares. It also repurchased a portion of its tax receivables agreement (TRA) liability with a $69 million book value for $31 million, contributing to a reduction of TRA liabilities to $51.0 million as of June 30, 2026.

For Q3 2026, MediaAlpha guides revenue of $330–$355 million, Contribution of $51.5–$54.5 million, and Adjusted EBITDA of $32.0–$35.0 million, implying mid-teens percentage growth at guidance midpoints. For full-year 2026, the company expects $90–$100 million in free cash flow and to complete most of the remaining $45 million under its repurchase program by year-end.

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MediaAlpha (NYSE: MAX) will release its second quarter 2026 financial results on Wednesday, July 29, 2026 after market close.

Management will host a Q&A conference call at 2:00 p.m. Pacific / 5:00 p.m. Eastern, with a live webcast and post-call audio replay available on the company’s investor relations website.

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MediaAlpha (NYSE: MAX) announced that Co-Founder and CEO Steve Yi and CFO Pat Thompson will present at the William Blair 46th Annual Growth Stock Conference in Chicago on Tuesday, June 2, 2026, at 2:40 p.m. CDT.

A live webcast and replay will be available on MediaAlpha’s investor relations website.

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MediaAlpha (NYSE: MAX) appointed veteran finance leader Lauren StClair to its Board of Directors, effective May 15, 2026, and to the Audit Committee.

She brings 20+ years of technology and digital commerce finance experience, including CFO roles at Slice Technologies and Nasdaq-listed NerdWallet, plus senior positions at eBay.

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MediaAlpha (NYSE: MAX) reported record first-quarter 2026 results: revenue $310.0 million (+17% YoY), net income $14.0 million versus a $2.3 million loss year-ago, and Adjusted EBITDA $31.4 million. The company repurchased about 2.6 million shares for $25 million year-to-date.

The company refinanced credit facilities (new $150M term loan and $60M revolver maturing March 2031) and provided Q2 2026 guidance: revenue $290M–$310M, Contribution $45.5M–$48.5M, Adjusted EBITDA $28.0M–$30.5M.

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MediaAlpha (NYSE: MAX) earned Great Place To Work Certification for the 10th consecutive year on April 24, 2026, marking a Decade of Great distinction.

Key metrics: 95% of team members say it’s a great place to work, overall engagement scored 88%, and eNPS registered at 95. The company highlights sustained culture, training investments, promote‑from‑within, hybrid work, and Recharge Days as supporting practices.

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MediaAlpha (NYSE: MAX) will release first quarter 2026 financial results on Wednesday, April 29, 2026 after market close.

The company will host a live Q&A conference call at 2:00 p.m. PT / 5:00 p.m. ET the same day with a webcast available on the company Investor Relations website and a phone dial-in option.

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MediaAlpha (NYSE: MAX) launched the insurance industry’s first carrier-approved conversational AI app for auto insurance on April 2, 2026, powered by ChatGPT and integrated with MediaAlpha’s programmatic marketplace.

The app directs consumers to real-time, carrier-approved listings and sends users to each carrier’s official site to complete quotes, using existing carrier workflows with no new integrations required. MediaAlpha reported 1,150 active partners, generated 141 million Consumer Referrals in 2025, and powered $2.2 billion in programmatic spend in 2025.

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MediaAlpha (NYSE: MAX) reported fourth-quarter 2025 revenue of $291M and record transaction value of $613M, with full-year 2025 revenue of $1.1B and transaction value of $2.2B. The Board doubled the share repurchase authorization to $100M.

Full-year net income was $26.8M and Adjusted EBITDA was $113.7M; P&C transaction value showed strong growth while under-65 health declined.

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MediaAlpha (NYSE: MAX) will report fourth quarter and full year 2025 financial results on February 23, 2026 after market close. A Q&A conference call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET the same day, with a live webcast available on the company investor relations website.

Dial-in details and an audio replay will be provided on the investor site following the call.

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FAQ

What is the current stock price of Mediaalpha (MAX)?

The current stock price of Mediaalpha (MAX) is $12.53 as of September 2, 2026.

What is the market cap of Mediaalpha (MAX)?

The market cap of Mediaalpha (MAX) is approximately 663.8M.