MediaAlpha delivered record third quarter results, with revenue increasing by 18% year over year to $306.5 million and transaction value growing by 30% to $589.3 million. The Property & Casualty insurance vertical was a significant driver of this growth, achieving a record transaction value of $548 million. Net income rose to $17.6 million, and Adjusted EBITDA reached $29.1 million, indicating strong operational performance. The company also authorized a new $50 million share repurchase program, demonstrating a commitment to shareholder value.
MediaAlpha delivered record second quarter results, with revenue increasing by 41% year-over-year to $251.6 million and total transaction value growing by 49% to $480.8 million. This growth was primarily driven by a 71% increase in transaction value within the Property & Casualty insurance vertical. However, the company reported a net loss of $(22.5) million, largely due to an additional $33.0 million reserve related to an FTC settlement.
MediaAlpha reported a strong first quarter in 2025, surpassing expectations with a 109% year-over-year increase in revenue to $264.3 million and a 116% increase in Transaction Value to $473.1 million. The Property & Casualty insurance vertical was a key driver, with its Transaction Value growing 200% year over year to $407 million. Despite a net loss of $(2.3) million, Adjusted EBITDA reached $29.4 million, demonstrating strong operational performance.
MediaAlpha reported a strong fourth quarter and full year 2024, exceeding guidance with significant growth in revenue and transaction value, particularly in the Property & Casualty insurance vertical. The company achieved record Adjusted EBITDA and a substantial improvement in net income.
MediaAlpha announced excellent third-quarter results with record performance across key metrics. Revenue increased by 247% year-over-year to $259.1 million, and Transaction Value rose by 314% year-over-year to $451.8 million. The P&C insurance vertical was a significant driver of growth, with Transaction Value up 766% year-over-year.
MediaAlpha announced outstanding second quarter 2024 financial results, demonstrating the strength of its business model and solid execution. The company reported a 110% year-over-year increase in revenue, reaching $178.3 million. Transaction Value increased by 156% year-over-year to $321.8 million, with significant growth in the Property & Casualty insurance vertical.
MediaAlpha reported a 13% increase in revenue year-over-year, reaching $126.6 million in Q1 2024. The company experienced a net loss of $(1.5) million, an improvement from $(14.6) million in the first quarter of 2023. Adjusted EBITDA increased to $14.4 million, compared to $7.3 million in the same period last year.
MediaAlpha's fourth quarter revenue reached $117 million, a 6% decrease year-over-year, while full-year revenue totaled $388 million, down 15% year-over-year. The company's Q4 performance exceeded expectations, driven by improvements in the Property & Casualty insurance sector. They anticipate growth accelerating as auto insurance carriers restore profitability and increase marketing investments.
MediaAlpha reported a revenue of $74.6 million, a decrease of 16% year over year. Despite this, the company grew Adjusted EBITDA year over year, driven by gross margin expansion and disciplined expense management.
MediaAlpha's second quarter results surpassed expectations, primarily due to the strong performance of its Health insurance vertical. However, the Property & Casualty insurance vertical experienced a decline due to low customer acquisition spend by carriers. The company reported revenue of $84.8 million, a net loss of $(20.0) million, and adjusted EBITDA of $3.6 million.
MediaAlpha's Q1 2023 saw a 22% decrease in revenue year-over-year, totaling $111.6 million. Despite this, a surge in marketing spend by a major carrier partner boosted Transaction Value growth in the P&C insurance vertical. However, this momentum was short-lived as the same carrier subsequently reduced advertising spend.
MediaAlpha's fourth quarter revenue was $124 million, a 23% decrease year-over-year. The results exceeded expectations, driven by strong carrier spend in the Health insurance vertical. The Property & Casualty insurance vertical continued to be negatively impacted.
MediaAlpha reported a decrease in revenue and transaction value for Q3 2022 compared to the previous year. The company's performance was impacted by challenges in the property & casualty insurance sector.
MediaAlpha reported a decrease in revenue by 34% year-over-year to $103.4 million and a net loss of $(13.0) million. The company is navigating challenging market conditions, particularly in the property & casualty (P&C) vertical, while maintaining focus on operating efficiencies.
MediaAlpha reported a decrease in revenue by 18% year-over-year to $142.6 million, and a decrease in Transaction Value by 9% year-over-year to $239 million. The Property & Casualty vertical was affected by a cyclical decline, while the Health insurance vertical grew by 20%. The company reported a net loss of $9.8 million and an Adjusted EBITDA of $7.1 million.
MediaAlpha reported a 15% year-over-year decrease in revenue for Q4 2021, totaling $161.6 million. Transaction Value also decreased by 5% year-over-year. However, the Health insurance vertical experienced growth. The company also announced the acquisition of Customer Helper Team LLC (CHT).
MediaAlpha's Q3 2021 revenue was $152.7 million, a 1% increase year-over-year. The company faced headwinds in the P&C insurance vertical due to market challenges, but the Health insurance vertical continued its robust growth.
MediaAlpha reported a strong second quarter with revenue of $157.4 million, up 27% year-over-year, and Transaction Value of $256.5 million, up 46% year-over-year. However, the company reported a net loss of $(0.4) million, compared to net income of $10.1 million in the second quarter of 2020.
MediaAlpha reported a strong start to 2021, with a 45% year-over-year increase in revenue to $173.6 million and a 58% increase in Transaction Value to $262.5 million. The company's growth was driven by the Property & Casualty segment, which saw a 74% increase in revenue. Despite the revenue growth, net income decreased to $0.2 million, while adjusted EBITDA increased to $16.3 million.
MediaAlpha reported a 51% year-over-year increase in revenue for Q4 2020, reaching $190.2 million. The Property & Casualty insurance vertical grew by 97% year-over-year. However, the company experienced a net loss of $13.2 million, compared to a net income of $10.4 million in the same quarter of the previous year.
MediaAlpha announced strong Q3 2020 financial results with revenue of $151.5 million, a 37% increase year-over-year. Transaction Value reached a record $217.6 million, up 44% year-over-year. The company is benefiting from positive trends in the insurance industry.