Filing Flows › MediaAlpha (MAX) › Operating margin
MediaAlpha (MAX) operating margin by quarter
MediaAlpha's operating margin was 7.7% in Q3 2026 (third quarter 2026), +1.4 pts from Q2 2026. Over the last 4 quarters it ranged from 6.3% (Q2 2026) to 7.7% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.7% | +1.4 pts | +1.2 pts |
| Q2 2026 | 6.3% | -0.9 pts | — |
| Q1 2026 | 7.2% | +0.8 pts | — |
| Q3 2025 | 6.4% | — | — |
Q3 2026 at a glance
MediaAlpha, Q3 2026: revenue $376M (+23% year over year), operating margin 7.7%, net earnings $25.8M, operating cash flow $21.6M. The chart follows the revenue to costs, profit and cash.
Questions
What is MediaAlpha's operating margin?
MediaAlpha's operating margin was 7.7% in Q3 2026 (third quarter 2026), +1.4 pts from Q2 2026.
How has MediaAlpha's operating margin changed?
Over the last 4 quarters it ranged from 6.3% (Q2 2026) to 7.7% (Q3 2026).