Company / R&D Expense
MediaAlpha, Inc. R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$21.4M
FY2025
5-year range
$7.0M / $21.4M
FY2021-FY2025
Trend
+8.3%
vs FY2024
Sector context
#137 of 174
Industrials
What the data says
MediaAlpha, Inc.'s r&d expense of $21M is lower than 79% of companies in the Industrials sector (FY2025). R&D Expense has increased for 4 consecutive years, from $7M in FY2021 to $21M in FY2025.
Based on SEC 10-K filings.
$21M in FY2025 with a 5-year CAGR of +15.7%.
Improved from $15M to $21M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +19.8%
- 5-Year CAGR
- +15.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 21% in IndustrialsTop 79% of 174This company $21.4M Sector average $273.7M
▼
-92.2% below sector average
Key checks
Key Insights
- MediaAlpha, Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +15.7%, indicating consistent growth.
- In FY2025, r&d expense increased 8.3% year-over-year.
- Ranks #137 out of 174 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $21.4M | +8.3% |
| FY2024 | $19.8M | +30.1% |
| FY2023 | $15.2M | +22.1% |
| FY2022 | $12.4M | +76.8% |
| FY2021 | $7.0M | -31.9% |
| FY2020 | $10.3M | +46.8% |
| FY2019 | $7.0M | -31.9% |
| FY2018 | $10.3M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026