NYSE$MAX

MediaAlpha Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

MediaAlpha reported Q3 2025 revenue of $306.5M with net income attributable to the company of $14.9M ($0.26 per share).

Revenue increased to $306.5 million as insurance and financial services customer acquisition spend rose. Net income attributable to MediaAlpha was $14.9 million; diluted EPS was $0.26. The performance marketing platform benefits from carrier demand for digital leads while managing traffic quality and compliance.

  • Q3 revenue $306.5M (+18% YoY).
  • Net income to MediaAlpha $14.9M; diluted EPS $0.26.
  • Insurance vertical customer acquisition trends.
  • Cost of revenue and marketing efficiency drive margins.

Headline financials

Total Revenue

$307M

Previous: $259M+18.3%
EPS (adj)

$0.26

Previous: $0.17+52.9%
Transaction Value

$589M

Previous: $452M+30.4%
P&C Transaction Value

$548M

Previous: $387M+41.5%
Health Transaction Value

$33.5M

Previous: $55.6M-39.8%
Life Transaction Value

$7.32M

Previous: $6.26M+16.9%
Other Transaction Value

$278K

Previous: $2.45M-88.6%
Gross Margin

14.2%

Previous: 15.1%-6.0%
Contribution

$45.6M

Previous: $41.5M+10.0%
Contribution Margin

14.9%

Previous: 16.0%-6.9%
Adjusted EBITDA

$29.1M

Previous: $26.3M+10.7%
Capital Expenditures

-$300K

Previous: -$207K-44.9%
Net Income

$14.9M

Previous: $9.48M+57.2%
Operating Income

$19.7M

Previous: $15.6M+26.4%
Gross Profit

$43.4M

Previous: $39.2M+10.7%

Revenue & EPS history

MediaAlpha · Revenue · Quarterly

$307M

Q3 2025+18.3%vs Q3 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+3.4%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+0.5%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+31.8%

Q3 2022

Best reaction

-18.5%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-11.3%-11.8%
Q4 2025+12.3%+27.9%+23.4%
Q3 2025+10.8%+20.1%+14.7%
Q1 2025+14.2%+18.2%+21.4%
Q4 2024-18.5%-18.6%-11.0%
Q3 2024-12.6%-17.9%-35.5%
Q2 2024+15.0%+12.1%+23.4%
Q1 2024+9.0%+9.3%-12.2%
Q4 2023+22.3%+24.2%+26.0%
Q3 2023-4.6%-15.8%+0.1%
Q2 2023-3.0%-6.2%-13.2%
Q1 2023-2.4%-6.4%+50.7%
Q4 2022+12.3%+4.8%+1.0%
Q3 2022+31.8%+26.4%+2.3%
Q2 2022-15.0%-32.8%-28.9%
Q1 2022-9.6%-22.0%-31.2%
Q4 2021+28.9%+31.6%+39.1%
Q3 2021-1.5%+12.7%-2.1%
Q2 2021-6.6%-19.1%-25.2%
Q1 2021-13.1%-4.2%+3.6%
Q4 2020+3.3%+8.2%-30.3%
Q3 2020+1.8%-7.4%+7.2%
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q2 2018
Q1 2018

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