MediaAlpha

MAX

Market cap $559M

MediaAlpha, Inc. (MAX) Q4 2025 Earnings Call Transcript

Although the revenue and EPS for MediaAlpha (MAX) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

MediaAlpha, Inc. (MAX) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.08 per share a year ago.

Fourth Quarter Revenue of $291 million and Record Transaction Value of $613 million;  Record Transaction Value of $552 million in Property & Casualty Insurance Vertical Record Full-Year 2025 Revenue of $1.1 billion and Transaction Value of $2.2 billion Record Full-Year 2025 Net Income of $26.8 million and Adjusted EBITDA (1) of $113.7 million Board of Directors Doubles Share Repurchase Authorization to $100 million LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX) ("MediaAlpha" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2025. “2025 was a record year for MediaAlpha, driven by strong momentum in P&C and continued market share gains, reinforcing our role as the leading customer acquisition infrastructure for insurance carriers.

LOS ANGELES, Feb. 02, 2026 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced that it will release fourth quarter and full year 2025 financial results on Monday, February 23, 2026 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m.

PHILADELPHIA, Jan. 20, 2026 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating MediaAlpha, Inc. (NYSE: MAX) on behalf of the company's long-term investors. Click here for additional information: https://kaskelalaw.com/case/mediaalpha-max/ Since February 2024, shares of MediaAlpha's stock have declined in value from over $21.00 per share to a current trading price of less than $12.00 per share, a decline of over $9.00 per share, or over 42% in value.

Here is how MediaAlpha, Inc. (MAX) and Veritone, Inc. (VERI) have performed compared to their sector so far this year.

MediaAlpha is a high-growth, business-to-business financial marketplace distinct from consumer-facing peers like EverQuote, NerdWallet, and LendingTree. MAX delivered 122% YoY revenue growth in 2024, with positive operating cash flow and rapid net income growth when adjusted for one-time legal expenses. Q3 2025 EPS reached $0.26 versus $0.17 YoY, driven by strong auto insurance demand; Q4 guidance: $280–$300M revenue, $27.5–$29.5M adjusted EBITDA.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

MediaAlpha, Inc. (MAX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, MAX crossed above the 20-day moving average, suggesting a short-term bullish trend.