MediaAlpha, Inc. revenue by segment MAX

Annual Quarterly

MediaAlpha, Inc. splits its revenue into 4 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Property And Casualty Insurance at $365.9 million, 97% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2026	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2024 Dec 31, 2024
Revenue	1,294	376	317	310	291	307	252	264	301
Property And Casualty Insurance	1,232 +26.6% share 95.2%	366 +27.1% share 97.3%	309 +35.9% share 97.5%	293 +31.2% share 94.4%	265 +12.4% share 90.9%	288 share 93.9%	227 share 90.3%	223 share 84.5%	235 share 78.3%
Life Insurance	23 +7.8% share 1.8%	7 +22.2% share 1.8%	5 -1.9% share 1.6%	6 +4.8% share 1.9%	5 +5.3% share 1.8%	6 share 1.8%	5 share 2.1%	6 share 2.1%	5 share 1.7%
Health Insurance	38 -69.5% share 2.9%	3 -77.3% share 0.8%	3 -84.9% share 0.9%	11 -67.1% share 3.6%	21 -64.5% share 7.2%	13 share 4.2%	18 share 7.2%	34 share 12.8%	59 share 19.5%
Other	1 -79.1% share 0.1%	0 +19.8% share 0.1%	0 -81.1% share 0.1%	0 -86.5% share 0.1%	0 -86.6% share 0.1%	0 share 0.1%	1 share 0.5%	2 share 0.6%	1 share 0.5%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: MAX (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Los Angeles, CA
SEC filer status: Accelerated filer
SEC CIK: 1818383
Former names: MediaAlpha, Inc. (until Nov 5, 2026)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.