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MediaAlpha Announces Third Quarter 2026 Financial Results

Globe Newswire•28/10/2026•16:05 ET
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Key Highlights

  • ➤Q3 revenue $375.9 million, up 22.7% year over year
  • ➤Q3 net income $29.4 million, up 66.4% year over year
  • ➤Q3 adjusted EBITDA $39.5 million, up 35.8% year over year
  • ➤Q4 revenue guidance $355 million-$375 million, up 25% at midpoint
  • ➤MediaAlpha expects $90 million-$100 million in 2026 free cash flow

Expert Statements

Steve Yi, CEO of MediaAlpha

“We delivered a milestone third quarter, achieving record results across all of our key metrics as demand continued to broaden in our marketplace”

Steve Yi, CEO of MediaAlpha

“Carriers are competing aggressively for new policies and committing meaningful budgets in both home and auto insurance, which is driving stronger outcomes for our partners.”

Steve Yi, CEO of MediaAlpha

“Looking forward, we believe the shift toward digital customer acquisition, combined with our industry-leading scale advantages, will allow us to drive double-digit growth in 2027 and beyond.”

Tigran Sinanyan, CFO of MediaAlpha

“Our strong operating leverage and cash generation continue to give us the flexibility to invest in growth while returning capital to shareholders.”

Tigran Sinanyan, CFO of MediaAlpha

“In September, we repurchased a portion of our TRA liability, which had a book value of $23 million, for $12 million.”

Tigran Sinanyan, CFO of MediaAlpha

“We also repurchased $9 million of our stock during the quarter.”

All-Time Record Revenue of $375.9 million, up 23% year over year

Third Quarter Net Income of $29.4 million; Record Adjusted EBITDA((1)) of $39.5 million

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