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Side-by-side financial comparison of JACK IN THE BOX INC (JACK) and MediaAlpha, Inc. (MAX). Click either name above to swap in a different company.

JACK IN THE BOX INC is the larger business by last-quarter revenue ($349.5M vs $310.0M, roughly 1.1× MediaAlpha, Inc.). MediaAlpha, Inc. runs the higher net margin — 4.5% vs -0.7%, a 5.2% gap on every dollar of revenue. On growth, MediaAlpha, Inc. posted the faster year-over-year revenue change (17.3% vs -25.5%). Over the past eight quarters, MediaAlpha, Inc.'s revenue compounded faster (31.9% CAGR vs -18.6%).

Jack in the Box, Inc. is an American fast food restaurant chain founded on February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered. The chain has over 2,200 locations, primarily serving the West Coast of the United States. Restaurants are also found in large urban areas outside the West Coast, as well as two in Guam. The company also formerly operated the Qdoba Mexican Grill chain until Apollo Global Management bought the chain in December 2017.

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

JACK vs MAX — Head-to-Head

Bigger by revenue
JACK
JACK
1.1× larger
JACK
$349.5M
$310.0M
MAX
Growing faster (revenue YoY)
MAX
MAX
+42.8% gap
MAX
17.3%
-25.5%
JACK
Higher net margin
MAX
MAX
5.2% more per $
MAX
4.5%
-0.7%
JACK
Faster 2-yr revenue CAGR
MAX
MAX
Annualised
MAX
31.9%
-18.6%
JACK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
JACK
JACK
MAX
MAX
Revenue
$349.5M
$310.0M
Net Profit
$-2.5M
$14.0M
Gross Margin
15.1%
Operating Margin
13.3%
7.2%
Net Margin
-0.7%
4.5%
Revenue YoY
-25.5%
17.3%
Net Profit YoY
-107.3%
701.8%
EPS (diluted)
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JACK
JACK
MAX
MAX
Q1 26
$349.5M
$310.0M
Q4 25
$291.2M
Q3 25
$306.5M
Q2 25
$336.7M
$251.6M
Q1 25
$371.1M
$264.3M
Q4 24
$300.6M
Q3 24
$259.1M
Q2 24
$365.3M
$178.3M
Net Profit
JACK
JACK
MAX
MAX
Q1 26
$-2.5M
$14.0M
Q4 25
$31.4M
Q3 25
$14.9M
Q2 25
$-142.2M
$-18.7M
Q1 25
$33.7M
$-1.9M
Q4 24
$4.6M
Q3 24
$9.5M
Q2 24
$25.0M
$3.6M
Gross Margin
JACK
JACK
MAX
MAX
Q1 26
15.1%
Q4 25
15.4%
Q3 25
14.2%
Q2 25
15.0%
Q1 25
15.8%
Q4 24
16.3%
Q3 24
15.1%
Q2 24
17.8%
Operating Margin
JACK
JACK
MAX
MAX
Q1 26
13.3%
7.2%
Q4 25
7.7%
Q3 25
6.4%
Q2 25
-46.7%
-8.0%
Q1 25
19.0%
0.0%
Q4 24
6.1%
Q3 24
6.0%
Q2 24
14.8%
3.6%
Net Margin
JACK
JACK
MAX
MAX
Q1 26
-0.7%
4.5%
Q4 25
10.8%
Q3 25
4.9%
Q2 25
-42.2%
-7.4%
Q1 25
9.1%
-0.7%
Q4 24
1.5%
Q3 24
3.7%
Q2 24
6.8%
2.0%
EPS (diluted)
JACK
JACK
MAX
MAX
Q1 26
$-0.13
Q4 25
$0.50
Q3 25
$0.26
Q2 25
$-7.47
$-0.33
Q1 25
$1.75
$-0.04
Q4 24
$0.09
Q3 24
$0.17
Q2 24
$1.26
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JACK
JACK
MAX
MAX
Cash + ST InvestmentsLiquidity on hand
$26.1M
Total DebtLower is stronger
$1.6B
$163.5M
Stockholders' EquityBook value
$-936.0M
Total Assets
$2.0B
$367.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JACK
JACK
MAX
MAX
Q1 26
$26.1M
Q4 25
$46.9M
Q3 25
$38.8M
Q2 25
$85.4M
Q1 25
$63.6M
Q4 24
$43.3M
Q3 24
$32.3M
Q2 24
$28.7M
Total Debt
JACK
JACK
MAX
MAX
Q1 26
$1.6B
$163.5M
Q4 25
$153.4M
Q3 25
$155.7M
Q2 25
$1.7B
$158.0M
Q1 25
$1.7B
$160.2M
Q4 24
$162.4M
Q3 24
$164.7M
Q2 24
$1.7B
$166.9M
Stockholders' Equity
JACK
JACK
MAX
MAX
Q1 26
$-936.0M
Q4 25
$4.2M
Q3 25
$-29.8M
Q2 25
$-976.2M
$-3.8M
Q1 25
$-827.1M
$7.9M
Q4 24
$2.4M
Q3 24
$-8.4M
Q2 24
$-702.6M
$-24.4M
Total Assets
JACK
JACK
MAX
MAX
Q1 26
$2.0B
$367.7M
Q4 25
$383.8M
Q3 25
$266.2M
Q2 25
$2.6B
$249.4M
Q1 25
$2.8B
$240.0M
Q4 24
$262.4M
Q3 24
$236.1M
Q2 24
$2.9B
$198.2M
Debt / Equity
JACK
JACK
MAX
MAX
Q1 26
Q4 25
36.88×
Q3 25
Q2 25
Q1 25
20.23×
Q4 24
68.31×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JACK
JACK
MAX
MAX
Operating Cash FlowLast quarter
$30.5M
Free Cash FlowOCF − Capex
$7.3M
FCF MarginFCF / Revenue
2.1%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JACK
JACK
MAX
MAX
Q1 26
$30.5M
Q4 25
$-7.4M
Q3 25
$23.6M
Q2 25
$-36.8M
$25.7M
Q1 25
$105.7M
$23.7M
Q4 24
$14.5M
Q3 24
$8.1M
Q2 24
$16.7M
$21.6M
Free Cash Flow
JACK
JACK
MAX
MAX
Q1 26
$7.3M
Q4 25
$-7.5M
Q3 25
$23.6M
Q2 25
$-63.2M
$25.5M
Q1 25
$84.4M
$23.6M
Q4 24
$14.5M
Q3 24
$8.0M
Q2 24
$6.4M
$21.5M
FCF Margin
JACK
JACK
MAX
MAX
Q1 26
2.1%
Q4 25
-2.6%
Q3 25
7.7%
Q2 25
-18.8%
10.2%
Q1 25
22.7%
8.9%
Q4 24
4.8%
Q3 24
3.1%
Q2 24
1.8%
12.0%
Capex Intensity
JACK
JACK
MAX
MAX
Q1 26
6.6%
Q4 25
0.0%
Q3 25
0.0%
Q2 25
7.9%
0.1%
Q1 25
5.7%
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
2.8%
0.1%
Cash Conversion
JACK
JACK
MAX
MAX
Q1 26
Q4 25
-0.24×
Q3 25
1.58×
Q2 25
Q1 25
3.14×
Q4 24
3.13×
Q3 24
0.85×
Q2 24
0.67×
5.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

JACK
JACK

Restaurant Sales$131.9M38%
Franchise$97.4M28%
Royaltyand Other$58.9M17%
Advertising$56.6M16%
Technology Service$4.7M1%
Franchise Fees$1.7M0%

MAX
MAX

Segment breakdown not available.

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