MediaAlpha posts strong Q3 2026 results, beats revenue and EPS estimates and raises guidance

MediaAlpha reported third‑quarter 2026 revenue of $375.9 million, up 22.7% year‑on‑year, and GAAP earnings per share of $0.46, which exceeded analysts’ consensus by 49.5%. The company issued Q4 revenue guidance centered at $365 million, 9.8% above the consensus forecast. Following the release, the stock jumped about 18%.

The higher‑than‑expected earnings and the upbeat guidance suggest stronger near‑term growth, which may support the share price and attract investors. The company also announced a share‑repurchase program, which could improve per‑share metrics.

  • 1Q3 2026 revenue was $375.9 million, up 22.7% YoY.
  • 2GAAP EPS was $0.46, 49.5% above analysts’ consensus.
  • 3Q4 revenue guidance midpoint is $365 million, 9.8% above consensus estimates.
  • 4The stock rose roughly 18% after the results were released.
  • 5MediaAlpha repurchased $21 million of shares in the quarter.
  • 6MediaAlpha repurchased $115 million of shares since September 2025.
  • Share‑repurchase amount differs between $21 million and $115 million.

Sources