MediaAlpha beats Q1 revenue estimates boosted by robust auto insurance ad spend

MediaAlpha

29/04/2026 21:53

Overview

US insurance ad platform's Q1 revenue rose 17%, beating analyst expectations

Adjusted EBITDA for Q1 beat analyst expectations

Company repurchased over $25 mln of stock during Q1

Outlook

MediaAlpha sees Q2 revenue between $290 mln and $310 mln, up 19% year over year at midpoint

Company expects Q2 adjusted EBITDA of $28 mln to $30.5 mln, up 19% year over year at midpoint

MediaAlpha expects Q2 contribution of $45.5 mln to $48.5 mln, up 18% year over year at midpoint

Result Drivers

AUTO INSURANCE ADVERTISING - Co said strong auto insurance advertising spend drove record Q1 results

CARRIER PARTICIPATION - Co cited broader carrier participation and deeper engagement with carriers as drivers of Q1 performance

Company press release: ID:nGNX7xHB5L

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$310.004 mln
$296.62 mln (7 Analysts)
Q1 Net Income
$14.05 mln
Q1 Adjusted EBITDA
Beat
$31.40 mln
$30.79 mln (6 Analysts)
Q1 Gross Margin
15.10%
Q1 Operating Income
$22.37 mln
Q1 Pretax Profit
$20.55 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Mediaalpha Inc is $13.00, about 29.9% above its April 28 closing price of $10.01

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)