MediaAlpha annual operating margin
2018
2019
2020
2021
2022
2023
2024
2025
MediaAlpha Operating Margin Growth & History (MAX)
MediaAlpha's operating margin was 1.99% for fiscal 2025.
View full MediaAlpha company overviewMediaAlpha annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 1.99% | −2.95 pp |
| 2024 | 2024-12-31 | 4.94% | +15.23 pp |
| 2023 | 2023-12-31 | −10.29% | −2.58 pp |
| 2022 | 2022-12-31 | −7.71% | −8.04 pp |
| 2021 | 2021-12-31 | 0.33% | −3.01 pp |
| 2020 | 2020-12-31 | 3.34% | −2.75 pp |
| 2019 | 2019-12-31 | 6.09% | −0.42 pp |
| 2018 | 2018-12-31 | 6.51% | — |
MediaAlpha quarterly operating margin
Q1.20
Q2.20
Q3.20
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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.30% | +14.26 pp |
| Q1 2026 | 2026-03-31 | 7.22% | +7.17 pp |
| Q4 2025 | 2025-12-31 | 7.66% | +1.59 pp |
| Q3 2025 | 2025-09-30 | 6.44% | +0.41 pp |
| Q2 2025 | 2025-06-30 | −7.97% | −11.61 pp |
| Q1 2025 | 2025-03-31 | 0.04% | −1.83 pp |
| Q4 2024 | 2024-12-31 | 6.07% | +5.69 pp |
| Q3 2024 | 2024-09-30 | 6.02% | +25.80 pp |
| Q2 2024 | 2024-06-30 | 3.64% | +22.60 pp |
| Q1 2024 | 2024-03-31 | 1.87% | +10.43 pp |
| Q4 2023 | 2023-12-31 | 0.38% | +5.65 pp |
| Q3 2023 | 2023-09-30 | −19.78% | −7.90 pp |
| Q2 2023 | 2023-06-30 | −18.96% | −8.90 pp |
| Q1 2023 | 2023-03-31 | −8.55% | −3.04 pp |
| Q4 2022 | 2022-12-31 | −5.27% | −4.26 pp |
| Q3 2022 | 2022-09-30 | −11.88% | −11.84 pp |
| Q2 2022 | 2022-06-30 | −10.06% | −11.27 pp |
| Q1 2022 | 2022-03-31 | −5.52% | −6.64 pp |
| Q4 2021 | 2021-12-31 | −1.01% | −4.78 pp |
| Q3 2021 | 2021-09-30 | −0.04% | +6.47 pp |
| Q2 2021 | 2021-06-30 | 1.21% | −8.24 pp |
| Q1 2021 | 2021-03-31 | 1.12% | −7.71 pp |
| Q4 2020 | 2020-12-31 | 3.77% | — |
| Q3 2020 | 2020-09-30 | −6.51% | — |
| Q2 2020 | 2020-06-30 | 9.45% | — |
| Q1 2020 | 2020-03-31 | 8.83% | — |
MediaAlpha operating margin trends
Over the last five reported fiscal years, MediaAlpha's operating margin decreased from 3.34% to 1.99%, a change of −1.35 percentage points. The latest reported quarter, Q2 2026, shows 6.30%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MediaAlpha filings at SEC.gov ↗