v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 251,622 $ 178,274 $ 515,931 $ 304,923
Costs and operating expenses        
Cost of revenue 213,935 146,589 436,605 249,558
Sales and marketing 5,228 6,316 10,854 12,112
Product development 5,353 5,052 10,239 9,415
General and administrative 47,148 13,824 64,743 24,973
Write-off of intangible assets 0 0 13,416 0
Total costs and operating expenses 271,664 171,781 535,857 296,058
(Loss) income from operations (20,042) 6,493 (19,926) 8,865
Other (income), net (695) (1,808) (1,151) (1,817)
Interest expense 2,870 3,751 5,825 7,596
Total other expense, net 2,175 1,943 4,674 5,779
(Loss) income before income taxes (22,217) 4,550 (24,600) 3,086
Income tax expense 316 130 267 157
Net (loss) income (22,533) 4,420 (24,867) 2,929
Net (loss) income attributable to non-controlling interest (3,791) 800 (4,177) 422
Net (loss) income attributable to MediaAlpha, Inc. $ (18,742) $ 3,620 $ (20,690) $ 2,507
Net (loss) income per share of Class A common stock        
Basic (in dollars per share) $ (0.33) $ 0.07 $ (0.37) $ 0.05
Diluted (in dollars per share) $ (0.33) $ 0.07 $ (0.37) $ 0.04
Weighted average shares of Class A common stock outstanding        
Basic (in shares) 56,141,117 53,367,896 55,888,125 50,971,172
Diluted (in shares) 56,141,117 53,367,896 55,888,125 65,868,384