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MediaAlpha (MAX) Stock News, Aug 2025-Feb 2026

MAX NYSE

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 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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MediaAlpha (NYSE: MAX) appointed Ramon Jones to its Board of Directors, effective November 10, 2025. Jones brings more than two decades of P&C insurance and digital marketing experience, including service as Executive Vice President and Chief Marketing Officer of Nationwide from 2019 to 2025, and 25 years at Nationwide overall. The company highlighted his background in customer acquisition strategy, digital-first marketing transformation, and marketing technology. Jones previously worked in Accenture’s Financial Services Strategy Practice and holds a BS in Business Administration from Villanova and an MBA from Wharton.

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MediaAlpha (NYSE: MAX) reported third quarter 2025 results with revenue of $306.5M (up 18% YoY) and transaction value of $589.3M (up 30% YoY). P&C transaction value rose 41% to $548M, while Health transaction value declined 40% to $33M. Net income was $17.6M and Adjusted EBITDA was $29.1M. Gross margin and Contribution Margin eased to 14.2% and 14.9%, respectively. The Board authorized a $50M share repurchase program; the company repurchased ~3.2M shares for $32.9M to date. Q4 2025 guidance points to TXV $620M–$645M and revenue $280M–$300M, reflecting headwinds in under-65 health.

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MediaAlpha (NYSE: MAX) will release third quarter 2025 financial results on Wednesday, October 29, 2025 after market close. The company will host a live Q&A conference call the same day at 2:00 p.m. PT / 5:00 p.m. ET and stream a webcast on its Investor Relations website.

Investors can register and listen at https://investors.mediaalpha.com, join via toll‑free dial‑in ((888) 596‑4144 or (646) 968‑2525) using conference ID 9710473, and access an audio replay after the call on the same IR site.

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MediaAlpha (NYSE: MAX), the leading insurance industry programmatic customer acquisition platform, has achieved SOC 2 Type II attestation with zero deficiencies. This milestone validates the company's robust security controls and data protection practices, positioning it for enhanced partnerships with insurance carriers.

The attestation has already yielded results, with a major insurance company proceeding with deeper conversion data integration. MediaAlpha's platform processed 119 million Consumer Referrals in 2024 and powered $1.9 billion in advertising spend across various insurance sectors for the twelve months ended June 30, 2025.

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MediaAlpha (NYSE: MAX), a leading insurance marketing technology platform, has announced a significant private stock repurchase of 3,234,894 shares of its Class A common stock from Insignia Capital Group at $10.17 per share, totaling approximately $32.9 million.

The purchase price represents a 5.5% discount to the closing price on September 2, 2025. The repurchased shares will be canceled and retired. The transaction involved Insignia exchanging Class B common stock and Class B-1 units of QL Holdings LLC for Class A common stock. The repurchase was approved by a Special Committee of independent directors.

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MediaAlpha (NYSE: MAX) announced that CFO Pat Thompson will participate in a fireside chat at Canaccord Genuity's 45th Annual Growth Conference in Boston, MA. The presentation is scheduled for August 12th at 11:30am ET.

Investors can access the live webcast through MediaAlpha's Investor Relations website at investors.mediaalpha.com. A replay will be available after the conference.

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MediaAlpha (NYSE:MAX) reported strong Q2 2025 financial results, with revenue increasing 41% year-over-year to $251.6 million. The company achieved record Transaction Value of $480.8 million, up 49% year-over-year, driven by exceptional growth in the Property & Casualty insurance vertical, which grew 71% to $435 million.

However, the company recorded a net loss of $(22.5) million compared to net income of $4.4 million in Q2 2024, partly due to a $33 million FTC settlement reserve. Adjusted EBITDA improved to $24.5 million, up from $18.7 million year-over-year.

For Q3 2025, MediaAlpha expects Transaction Value between $545-570 million and revenue of $270-290 million, with P&C insurance vertical projected to grow 35% while Health insurance vertical is expected to decline 40-45% year-over-year.

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MediaAlpha (NYSE: MAX) has reached a settlement with the Federal Trade Commission (FTC) regarding its under-65 health insurance business. The company will pay $45 million ($0.61 per diluted share) and implement enhanced compliance measures, with $33.5 million due within 7 days and $11.5 million within 90 days of court approval.

The settlement's impact on under-65 health business is significant, expected to reduce 2025 Transaction Value by $80-85 million (6% of 2024 consolidated results) and Contribution by $18-20 million (12% of 2024 consolidated results). The company maintains $85.4 million in cash as of June 30, 2025, and expects to remain compliant with its credit agreement terms.

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FAQ

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

MediaAlpha (MAX) last closed at $11.5.

What is the market cap of MediaAlpha (MAX)?

The market cap of MediaAlpha (MAX) is approximately $609.2M.