MediaAlpha Q4 revenue falls 3%

MediaAlpha

23/02/2026 21:19

Overview

Insurance customer acquisition platform's Q4 revenue fell 3% yr/yr

Adjusted EBITDA for 2025 beat analyst expectations

Company doubled share repurchase authorization to $100 mln

Outlook

MediaAlpha expects Q1 2026 transaction value between $570 mln and $595 mln

Company anticipates Q1 2026 revenue between $285 mln and $305 mln

MediaAlpha forecasts Q1 2026 adjusted EBITDA between $29.5 mln and $31.5 mln

Result Drivers

P&C GROWTH - Transaction Value in P&C insurance increased 38% yr/yr, driving overall transaction growth

HEALTH DECLINE - Health insurance Transaction Value decreased 40% yr/yr, impacting overall results

AI OPPORTUNITY - Co sees AI as a key driver for future customer acquisition efficiency, per CEO Steve Yi

Company press release: ID:nGNX7tbBcK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
$1.11 bln
$1.12 bln (7 Analysts)
FY Net Income
$26.76 mln
FY Adjusted EBITDA
Beat
$113.70 mln
$111.90 mln (6 Analysts)
FY Gross Margin
15.00%
FY Operating Income
$22.12 mln
FY Pretax Profit
-$111.06 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 $15.00, about 91.3% above its February 20 closing price of $7.84

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 15 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.)