
MAX's Q3 earnings beat estimates as insurance ad demand surges, with home insurance growth, rising carrier spending and AI tools fueling marketplace gains.
MediaAlpha, Inc., operates an insurance customer acquisition platform in the United States. The company is headquartered in Los Angeles, California.
| Revenue (TTM) | $1.29B |
| Gross Profit (TTM) | $192.01M |
| EBITDA | $96.28M |
| Operating Margin | 7.75% |
| Return on Equity | 0.00% |
| Return on Assets | 18.40% |
| Revenue/Share (TTM) | $23.61 |
| Book Value | $0.97 |
| Price-to-Book | 16.67 |
| Price-to-Sales (TTM) | 0.65 |
| EV/Revenue | 0.782 |
| EV/EBITDA | 47.11 |
| Quarterly Earnings Growth (YoY) | 75.40% |
| Quarterly Revenue Growth (YoY) | 22.70% |
| Shares Outstanding | $50.90M |
| Float | $23.06M |
| % Insiders | 42.49% |
| % Institutions | 66.10% |
Volatility is currently expanding

MAX's Q3 earnings beat estimates as insurance ad demand surges, with home insurance growth, rising carrier spending and AI tools fueling marketplace gains.

MediaAlpha (MAX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

MediaAlpha, Inc. (MAX) Q3 2026 Earnings Call Transcript

All-Time Record Revenue of $375.9 million, up 23% year over year Third Quarter Net Income of $29.4 million; Record Adjusted EBITDA (1) of $39.5 million LOS ANGELES, Oct. 28, 2026 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX) ("MediaAlpha" or the "Company"), today announced its financial results for the third quarter ended September 30, 2026. “We delivered a milestone third quarter, achieving record results across all of our key metrics as demand continued to broaden in our marketplace,” said Steve Yi, CEO of MediaAlpha.

MediaAlpha is slated to report Q3 earnings on Oct. 28, with strong P&C insurance ad spending, AI adoption & platform expansion expected to drive revenue growth.

From a technical perspective, MediaAlpha, Inc. (MAX) is looking like an interesting pick, as it just reached a key level of support. MAX recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

LOS ANGELES, Oct. 14, 2026 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced that it will release third quarter 2026 financial results on Wednesday, October 28, 2026 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m.

MediaAlpha is rated Buy, with a $12-13 price target, reflecting strong growth and attractive valuation. Q2 revenue grew 26%, Q3 guidance was raised, and MAX targets $90-100M FCF in 2026. Risks include CFO turnover, insider selling, and insurance cycle volatility, but 6.1x 2026E EBITDA offers a compelling risk/reward.

CRD.B, SLG, TFII, KNTK and MAX have been added to the Zacks Rank #1 (Strong Buy) List on September 23rd, 2026.

LCUT, MAX and HMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 23rd, 2026.
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