Exchange: NYSE·Updated 08:16 AM EDT

MAX Earnings

Latest Earnings Results: Q3 '26

Reported: Oct 28

Estimated EPS

$0.28

Reported EPS

$0.46

Surprise

+63.19%

Estimated Rev

$347.93M

Reported Rev

$375.95M

Surprise

+8.05%

• Reported GAAP EPS of $0.46 up 76.92% YoY • Reported revenue of $375.95M up 22.66% YoY • MediaAlpha expects Q4 2026 revenue of $355M-$375M, Contribution of $54M-$57M, and Adjusted EBITDA of $36M-$39M; FY2026 free cash flow is expected at $90M-$100M.

Bullish Takeaway

MediaAlpha cited broadening marketplace demand and digital customer acquisition, reported record revenue and higher gross margin, and forecast Q4 2026 revenue of $355 million-$375 million and Adjusted EBITDA of $36.0 million-$39.0 million.

Bearish Takeaway

MediaAlpha reported lower cash than in December 2025 and higher long-term debt, while Health is expected to represent approximately 4% of Q4 2026 revenue during its seasonal enrollment peak.

Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.

10-Q

Historical Earnings

Quarterly

Annual

EPS

Revenue

Fiscal PeriodEstimatedReportedSurpriseResult
Q4 '26
$0.30
--
--
N/A
Q3 '26
$0.28
$0.46
63.19%
BEAT
Q2 '26
$0.23
$0.65
183.77%
BEAT
Q1 '26
$0.26
$0.21
-17.91%
MISSED
Q4 '25
$0.24
$0.50
109.11%
BEAT

Advertisement|Remove ads.