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MediaAlpha (MAX) Revenue & Revenue Breakdown

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MediaAlpha Revenue Highlights

Latest Revenue (Y)

$1.11B

Latest Revenue (Q)

$306.51M

Main Segment (Y)

Property And Casualty Insurance

MediaAlpha Revenue by Period

MediaAlpha Revenue by Year

DateRevenueChange
2025-12-31$1.11B28.78%
2024-12-31$864.70M122.78%
2023-12-31$388.15M-15.45%
2022-12-31$459.07M-28.86%
2021-12-31$645.27M10.34%
2020-12-31$584.81M43.34%
2019-12-31$408.00M37.42%
2018-12-31$296.91M-

MediaAlpha generated $1.11B in revenue during NA 2025, up 28.78% compared to the previous quarter, and up 190.42% compared to the same period a year ago.

MediaAlpha Revenue by Quarter

DateRevenueChange
2025-09-30$306.51M21.82%
2025-06-30$251.62M-4.80%
2025-03-31$264.31M-12.09%
2024-12-31$300.65M16.02%
2024-09-30$259.13M45.36%
2024-06-30$178.27M40.76%
2024-03-31$126.65M8.09%
2023-12-31$117.17M57.13%
2023-09-30$74.57M-12.03%
2023-06-30$84.77M-24.06%
2023-03-31$111.63M-9.98%
2022-12-31$124.01M39.31%
2022-09-30$89.02M-13.95%
2022-06-30$103.45M-27.45%
2022-03-31$142.60M-11.75%
2021-12-31$161.58M5.78%
2021-09-30$152.75M-2.93%
2021-06-30$157.35M-9.35%
2021-03-31$173.59M-8.74%
2020-12-31$190.21M25.51%
2020-09-30$151.55M22.60%
2020-06-30$123.62M3.49%
2020-03-31$119.44M-5.31%
2019-12-31$126.15M14.27%
2019-09-30$110.40M23.89%
2019-06-30$89.11M3.94%
2019-03-31$85.73M15.50%
2018-06-30$74.23M-
2018-03-31$74.23M-

MediaAlpha generated $306.51M in revenue during Q3 2025, up 21.82% compared to the previous quarter, and up 171.93% compared to the same period a year ago.

MediaAlpha Revenue Breakdown

MediaAlpha Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Property And Casualty Insurance$1.00B$658.20M$164.23M$224.37M$417.71M
Other$3.17M$8.60M$13.35M$20.60M$22.51M
Life Insurance$21.70M$24.37M$24.29M$26.71M$28.59M
Health Insurance$85.70M$173.53M$186.28M$187.39M$176.46M

MediaAlpha's latest annual revenue breakdown by segment (product or service), as of Dec 25: Property And Casualty Insurance (90.07%), Health Insurance (7.70%), Life Insurance (1.95%), and Other (0.28%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Health Insurance$20.83M$12.86M$18.07M$33.94M$58.60M$32.88M$34.77M$47.28M$71.08M$33.96M$35.63M$45.60M$78.73M$33.39M$33.16M$42.11M$72.82M$34.05M$33.69M$35.90M
Property And Casualty Insurance$264.79M$287.84M$227.16M$223.25M$235.50M$219.04M$134.42M$69.24M$37.70M$31.93M$39.49M$55.11M$35.50M$43.84M$57.57M$87.45M$77.73M$105.10M$109.34M$125.54M
Other$199.00K$252.00K$1.16M$1.55M$1.49M$1.99M$2.56M$2.56M$2.42M$3.34M$3.76M$3.83M$4.12M$4.80M$5.71M$5.97M$5.36M$6.10M$6.85M$4.20M
Life Insurance$5.33M$5.57M$5.22M$5.57M$5.07M$5.23M$6.52M$7.56M$5.97M$5.34M$5.89M$7.09M$5.66M$6.98M$7.00M$7.07M$5.67M$7.49M$7.48M$7.95M

MediaAlpha's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Property And Casualty Insurance (90.95%), Health Insurance (7.15%), Life Insurance (1.83%), and Other (0.07%).

MediaAlpha Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ATHMAutohome$7.18B$1.61B
MAXMediaAlpha$1.11B$306.51M
QNSTQuinStreet$1.09B$287.85M
SSTKShutterstock$989.92M$260.09M
GETYGetty Images$939.29M$240.04M
TBLATaboola$697.14M$172.69M
EVEREverQuote$692.52M$173.94M
GRPNGroupon$498.42M$125.70M
FVRRFiverr$361.38M$93.52M
NXDRNextdoor$257.65M$54.18M
SMWBSimilarweb$218.02M$58.98M

MAX Revenue FAQ

What is MediaAlpha’s yearly revenue?

MediaAlpha's yearly revenue for 2025 was $1.11B, representing an increase of 28.78% compared to 2024. The company's yearly revenue for 2024 was $864.7M, representing an increase of 122.78% compared to 2023. MAX's yearly revenue for 2023 was $388.15M, representing a decrease of -15.45% compared to 2022.

What is MediaAlpha’s quarterly revenue?

MediaAlpha's quarterly revenue for Q3 2025 was $306.51M, a 21.82% increase from the previous quarter (Q2 2025), and a 18.28% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $251.62M, a -4.80% decrease from the previous quarter (Q1 2025), and a 41.14% increase year-over-year (Q2 2024). MAX's quarterly revenue for Q1 2025 was $264.31M, a -12.09% decrease from the previous quarter (Q4 2024), and a 108.69% increase year-over-year (Q1 2024).

What is MediaAlpha’s revenue growth rate?

MediaAlpha's revenue growth rate for the last 3 years (2023-2025) was 186.90%, and for the last 5 years (2021-2025) was 72.58%.

What are MediaAlpha’s revenue streams?

MediaAlpha's revenue streams in c 25 are Property And Casualty Insurance, Other, Life Insurance, and Health Insurance. Property And Casualty Insurance generated $1B in revenue, accounting 90.07% of the company's total revenue, up 52.39% year-over-year. Other generated $3.17M in revenue, accounting 0.28% of the company's total revenue, down -63.19% year-over-year. Life Insurance generated $21.7M in revenue, accounting 1.95% of the company's total revenue, down -10.97% year-over-year. Health Insurance generated $85.7M in revenue, accounting 7.70% of the company's total revenue, down -50.62% year-over-year.

What is MediaAlpha’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of MediaAlpha was Property And Casualty Insurance. This segment made a revenue of $1B, representing 90.07% of the company's total revenue.