# MediaAlpha, Inc.
Operating through subsidiaries, MediaAlpha runs a digital insurance customer acquisition platform serving the United States market. The company's technology infrastructure connects insurance carriers, agents, distributors, and other clients with prospective customers across multiple insurance categories. Its platform facilitates customer acquisition in property and casualty insurance, health insurance, and life insurance verticals, functioning as an intermediary that matches supply and demand in the insurance distribution channel.
The company generates revenue primarily through commissions and fees tied to customer acquisitions facilitated on its platform. Its client base includes insurance carriers seeking direct customer access, agents and brokers using the platform to source leads, and other distribution partners. MediaAlpha was established in 2014 and maintains headquarters in Los Angeles, California. The company is incorporated in Delaware and trades on the New York Stock Exchange under the ticker MAX, with a current market capitalization of approximately $0.6 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.39 | $0.46 | +25.8% | |
| 2024 | $0.31 | $0.31 | +134.8% | |
| 2023 | $-0.89 | $-0.89 | +35.0% | |
| 2022 | $-1.37 | $-1.37 | -621.1% | |
| 2021 | $-0.19 | $-0.14 | — | |
| 2020 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-23 | 0001818383-26-000049 | SEC ↗ |
| 2024-12-31 | 2025-02-24 | 0001818383-25-000022 | SEC ↗ |
| 2023-12-31 | 2024-02-22 | 0001818383-24-000011 | SEC ↗ |
| 2022-12-31 | 2023-02-27 | 0001818383-23-000033 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0001818383-22-000023 | SEC ↗ |
| 2020-12-31 | 2021-03-15 | 0001564590-21-013026 | SEC ↗ |