MediaAlpha, Inc.
For the period ended Sep 30, 2026. Filed Oct 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 28, 2026
MAX$14.37+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(Unaudited; in thousands, except share data and per share amounts)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $375,946 | $306,514 | $1,002,825 | $822,445 |
| Costs and operating expenses | ||||
| Cost of revenue | 320,618 | 263,108 | 855,624 | 699,713 |
| Sales and marketing | 5,245 | 5,224 | 15,734 | 16,078 |
| Product development | 6,211 | 5,829 | 17,709 | 16,068 |
| General and administrative | 15,038 | 12,620 | 42,588 | 77,363 |
| Write-off of intangible assets | — | — | — | 13,416 |
| Total costs and operating expenses | 347,112 | 286,781 | 931,655 | 822,638 |
| Income (loss) from operations | 28,834 | 19,733 | 71,170 | (193) |
| Other (income), net | (11,093) | (772) | (49,611) | (1,923) |
| Interest expense | 2,760 | 2,808 | 7,975 | 8,633 |
| Total other (income) expense, net | (8,333) | 2,036 | (41,636) | 6,710 |
| Income (loss) before income taxes | 37,167 | 17,697 | 112,806 | (6,903) |
| Income tax expense | 7,807 | 54 | 27,617 | 321 |
| Net income (loss) | $29,360 | $17,643 | $85,189 | $(7,224) |
| Net income (loss) attributable to non-controlling interests | 3,606 | 2,736 | 8,530 | (1,441) |
| Net income (loss) attributable to MediaAlpha, Inc. | $25,754 | $14,907 | $76,659 | $(5,783) |
| Net income (loss) attributable to MediaAlpha, Inc. per share of Class A common stock | ||||
| -Basic | $0.49 | $0.26 | $1.41 | $(0.10) |
| -Diluted | $0.46 | $0.26 | $1.32 | $(0.11) |
| Weighted average shares of Class A common stock outstanding | ||||
| -Basic | 53,085,522 | 56,617,837 | 54,216,410 | 56,134,035 |
| -Diluted | 62,830,870 | 56,617,837 | 62,540,630 | 67,420,272 |
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