MediaAlpha annual net debt
2019
2020
2021
2022
2023
2024
2025
MediaAlpha Net Debt Growth & History (MAX)
MediaAlpha's net debt was $107.9M for fiscal 2025.
View full MediaAlpha company overviewMediaAlpha annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $107.9M | −$13.4M | −11.03% |
| 2024 | 2024-12-31 | $121.3M | −$38.3M | −23.99% |
| 2023 | 2023-12-31 | $159.6M | −$12.2M | −7.08% |
| 2022 | 2022-12-31 | $171.7M | $31.5M | +22.49% |
| 2021 | 2021-12-31 | $140.2M | −$18.9M | −11.88% |
| 2020 | 2020-12-31 | $159.1M | $71.6M | +81.82% |
| 2019 | 2019-12-31 | $87.5M | — | — |
MediaAlpha quarterly net debt
Q4.19
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $153.0M | $80.3M | +110.57% |
| Q1 2026 | 2026-03-31 | $137.5M | $40.8M | +42.18% |
| Q4 2025 | 2025-12-31 | $107.9M | −$13.4M | −11.03% |
| Q3 2025 | 2025-09-30 | $116.8M | −$15.5M | −11.71% |
| Q2 2025 | 2025-06-30 | $72.6M | −$65.6M | −47.43% |
| Q1 2025 | 2025-03-31 | $96.7M | −$61.0M | −38.67% |
| Q4 2024 | 2024-12-31 | $121.3M | −$38.3M | −23.99% |
| Q3 2024 | 2024-09-30 | $132.3M | −$29.0M | −17.95% |
| Q2 2024 | 2024-06-30 | $138.2M | −$20.5M | −12.90% |
| Q1 2024 | 2024-03-31 | $157.6M | −$3.7M | −2.30% |
| Q4 2023 | 2023-12-31 | $159.6M | −$12.2M | −7.08% |
| Q3 2023 | 2023-09-30 | $161.3M | $1.3M | +0.78% |
| Q2 2023 | 2023-06-30 | $158.7M | −$13.6M | −7.89% |
| Q1 2023 | 2023-03-31 | $161.3M | $32.0M | +24.76% |
| Q4 2022 | 2022-12-31 | $171.7M | $31.5M | +22.49% |
| Q3 2022 | 2022-09-30 | $160.0M | $2.7M | +1.75% |
| Q2 2022 | 2022-06-30 | $172.2M | $3.9M | +2.31% |
| Q1 2022 | 2022-03-31 | $129.3M | −$40.8M | −23.99% |
| Q4 2021 | 2021-12-31 | $140.2M | −$18.9M | −11.88% |
| Q3 2021 | 2021-09-30 | $157.3M | — | — |
| Q2 2021 | 2021-06-30 | $168.3M | — | — |
| Q1 2021 | 2021-03-31 | $170.2M | — | — |
| Q4 2020 | 2020-12-31 | $159.1M | $71.6M | +81.82% |
| Q4 2019 | 2019-12-31 | $87.5M | — | — |
MediaAlpha net debt trends
Over the last five fiscal years, MediaAlpha's net debt decreased from $159.1M to $107.9M, a change of −$51.2M. The latest reported quarter, Q2 2026, shows $153.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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