---
schema_version: "secwatch.filing_event.v1"
accession: "0001818383-22-000116"
form_type: "8-K"
ticker: "MAX"
cik: "0001818383"
company_name: "MediaAlpha, Inc."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:26:37.663217+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MediaAlpha Q2 revenue falls 34% to $103.4M; net loss widens to $13.0M

## Summary
- Revenue of $103.4M, down 34% YoY; Transaction Value of $182.9M, down 29%.
- P&C Transaction Value dropped 37% to $112M; Health fell 2% to $46M.
- Gross margin contracted to 15.0% vs 15.9%; Contribution Margin improved to 18.1% from 16.9%.
- Net loss of $(13.0)M vs $(0.4)M loss a year ago; Adjusted EBITDA of $4.5M, down 69% YoY.

## SEC filing metadata
- accession: 0001818383-22-000116
- form_type: 8-K
- ticker: MAX
- cik: 0001818383
- company_name: MediaAlpha, Inc.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000116/0001818383-22-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000116/max-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-22-000116
- JSON: https://secwatch.observer/filing/0001818383-22-000116.json
- Plain text: https://secwatch.observer/filing/0001818383-22-000116.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.