MediaAlpha (MAX) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 14.3%
EBITDA Margin: 6.5%
Op. Margin: 6.3%
Net Margin: 12.4%

Op. margin of 6.3% is up 14.3% YoY — cost efficiency is improving. Net margin at 12.4% and gross margin of 14.3% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit