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MediaAlpha (MAX) R&D spending by quarter

MediaAlpha's R&D spending was $6.2M in Q3 2026 (third quarter 2026), +3% from Q2 2026. Over the last 7 quarters it ranged from $4.9M (Q1 2025) to $6.2M (Q3 2026).

MediaAlpha R&D spending by quarterMediaAlpha R&D spending by quarter$4.9MQ1 2025$5.4MQ2 2025$5.8MQ3 2025$5.3MQ4 2025$5.5MQ1 2026$6.0MQ2 2026$6.2MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$6.2M+3%+7%
Q2 2026$6.0M+11%+13%
Q1 2026$5.5M+2%+12%
Q4 2025$5.3M-9%—
Q3 2025$5.8M+9%—
Q2 2025$5.4M+10%—
Q1 2025$4.9M——

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 R&D spending?

MediaAlpha's R&D spending was $6.2M in Q3 2026 (third quarter 2026), +3% from Q2 2026.

How has MediaAlpha's R&D spending changed?

Over the last 7 quarters it ranged from $4.9M (Q1 2025) to $6.2M (Q3 2026).

Q3 2026 results → · How MediaAlpha makes money →