Cost of revenue · 2018–2025

Mediaalpha cost of revenue

$946M+31.2% · FY2025

Mediaalpha (MAX) reported $946M in cost of revenue for fiscal 2025, +31.2% year on year.

$248M2018$343M2019$499M2020$544M2021$389M2022$321M2023$721M2024$946M2025
Mediaalpha — Cost of revenue, 2018–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$946M+31.2%Open →
FY20242024-12-31$721M+124.3%Open →
FY20232023-12-31$321M−17.4%Open →
FY20222022-12-31$389M−28.5%Open →
FY20212021-12-31$544M+8.9%Open →
FY20202020-12-31$499M+45.6%Open →
FY20192019-12-31$343M+38.5%Open →
FY20182018-12-31$248M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2018–2025 compound annual growth +21.1%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Mediaalpha cost of revenue |url=https://companiesranked.com/en/company/mediaalpha/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Mediaalpha cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/mediaalpha/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-mediaalpha-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Mediaalpha cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/mediaalpha/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001818383-26-000049 · February 23, 2026

{{cite web |title=Mediaalpha cost of revenue — 10-K (0001818383-26-000049) |url=https://www.sec.gov/Archives/edgar/data/1818383/000181838326000049/max-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-23}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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