MediaAlpha, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $316.9M | $310.0M | $291.2M | $306.5M | $251.6M | $264.3M | $300.6M | $259.1M |
| Cost of Revenue | $271.7M | $263.3M | $246.3M | $263.1M | $213.9M | $222.7M | $251.7M | $219.9M |
| Gross Profit | $45.2M | $46.7M | $44.8M | $43.4M | $37.7M | $41.6M | $49.0M | $39.2M |
| Gross Margin | 14.3% | 15.1% | 15.4% | 14.2% | 15.0% | 15.8% | 16.3% | 15.1% |
| Operating Expenses | ||||||||
| Research & Development | $6.0M | $5.5M | $5.3M | $5.8M | $5.4M | $4.9M | $5.0M | $5.3M |
| SG&A Expense | $14.0M | $13.5M | $12.2M | $12.6M | $47.1M | $17.6M | $19.6M | $11.8M |
| Operating Income | $20.0M | $22.4M | $22.3M | $19.7M | $-20.0M | $116.0K | $18.3M | $15.6M |
| Operating Margin | 6.3% | 7.2% | 7.7% | 6.4% | -8.0% | 0.0% | 6.1% | 6.0% |
| Interest Expense | — | $2.2M | $2.5M | $2.6M | $2.6M | $2.7M | $2.9M | $3.3M |
| Pretax Income | $55.1M | $20.5M | $-104.2M | $17.7M | $-22.2M | $-2.4M | $8.2M | $12.2M |
| Income Tax Expense | $13.3M | $6.5M | $-138.1M | $54.0K | $316.0K | $-49.0K | $915.0K | $312.0K |
| Net Income | $39.4M | $11.5M | $31.4M | $14.9M | $-18.7M | $-1.9M | $4.6M | $9.5M |
| Net Margin | 12.4% | 3.7% | 10.8% | 4.9% | -7.4% | -0.7% | 1.5% | 3.7% |
| EPS (Basic) | $0.73 | $0.21 | $0.57 | $0.26 | $-0.33 | $-0.04 | $0.09 | $0.17 |
| EPS (Diluted) | $0.65 | $0.21 | $0.50 | $0.26 | $-0.33 | $-0.04 | $0.09 | $0.17 |
| Shares Outstanding (Basic) | 53.7M | 55.8M | 56.2M | 56.6M | 56.1M | 55.6M | 53.0M | 54.9M |
| Shares Outstanding (Diluted) | 62.1M | 55.8M | 66.8M | 56.6M | 56.1M | 55.6M | 53.0M | 54.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |