---
schema_version: "secwatch.filing_event.v1"
accession: "0001818383-22-000144"
form_type: "8-K"
ticker: "MAX"
cik: "0001818383"
company_name: "MediaAlpha, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:46:22.045664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MediaAlpha Q3 revenue $89M (-42% YoY); net loss widens to $21.2M

## Summary
- Revenue $89.0M, down 42% YoY; Transaction Value $146.7M, down 42%.
- Property & Casualty TV $83M (-53% YoY); Health TV $46M (-5% YoY).
- Net loss $(21.2)M vs $(4.3)M prior year; Adjusted EBITDA $2.2M vs $13.8M (-84%).
- Gross margin 14.2% (down from 16.1%); Contribution margin 17.4% (up from 17.1%).
- CEO cites P&C carrier loss-cost inflation; expects improvement when profitability recovers.

## SEC filing metadata
- accession: 0001818383-22-000144
- form_type: 8-K
- ticker: MAX
- cik: 0001818383
- company_name: MediaAlpha, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000144/0001818383-22-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000144/max-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-22-000144
- JSON: https://secwatch.observer/filing/0001818383-22-000144.json
- Plain text: https://secwatch.observer/filing/0001818383-22-000144.txt

## Key facts
- Earnings Releases
  MediaAlpha, Inc. reported third quarter ended September 30, 2022 results: revenue $89.0 million, net income $(21.2) million.
  - Period: third quarter ended September 30, 2022
  - Revenue: $89.0 million
  - Net income: $(21.2) million
  - Result: reported results
  source text: to the comparable GAAP financial measures is contained in each document. --- EX-99.1 (EX-99.1) --- MEDIAALPHA ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS • Revenue of $89 million, down 42% year over year • Transaction Value of $147 million, down 42% year over year • Transaction Value from Property & Casualty down 53% year over year to $83 million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000144/0001818383-22-000144-index.htm

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