# MediaAlpha, Inc. (MAX)

> Communication Services · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/MAX/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 626.88M | $ 50.91M | $ 40.22M | $ 176.71M | $ 28.41M |
| 2025 | $ 1.14B | $ 26.24M | $ 66.82M | $ 155.20M | $ 4.16M |
| 2024 | $ 908.87M | $ 17.48M | $ 47.53M | $ 162.45M | $ 2.38M |
| 2023 | $ 419.69M | $ -43.70M | $ 21.80M | $ 174.30M | $ -10.29M |
| 2022 | $ 512.83M | $ -64.42M | $ 31.72M | $ 186.29M | $ -15.99M |
| 2021 | $ 767.01M | $ -6.27M | $ 33.25M | $ 190.78M | $ -4.34M |
| 2020 | $ 745.01M | $ 18.85M | $ 65.12M | $ 182.67M | $ -33.77M |
| 2019 | $ 531.00M | $ 29.61M | $ 28.20M | $ 97.54M | $ -113.60M |
| 2018 | $ 196.06M | $ 11.97M | $ 14.53M | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 6.22 |
| Liabilities / Eq | 12.84 |
| Current Ratio | 1.29 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 34.77 |
| Gross Debt / FCF | 4.05 |

## Other views

- [Metrics](https://sponda.capital/en/MAX.md)
- [Charts](https://sponda.capital/en/MAX/charts.md)
- [Compare](https://sponda.capital/en/MAX/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.