vs

Side-by-side financial comparison of MediaAlpha, Inc. (MAX) and SSR MINING INC. (SSRM). Click either name above to swap in a different company.

SSR MINING INC. is the larger business by last-quarter revenue ($521.7M vs $310.0M, roughly 1.7× MediaAlpha, Inc.). SSR MINING INC. runs the higher net margin — 34.8% vs 4.5%, a 30.2% gap on every dollar of revenue. On growth, SSR MINING INC. posted the faster year-over-year revenue change (61.4% vs 17.3%). Over the past eight quarters, SSR MINING INC.'s revenue compounded faster (50.5% CAGR vs 31.9%).

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.

SSR Mining Inc., formerly Silver Standard Resources is a Denver-based gold, silver, copper, lead and zinc producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the Americas and Turkey. In 2020, SSR Mining merged with Alacer Gold. Since the merger, the company has moved headquarters to Denver, Colorado. Rodney P. Antal is now the president and CEO of SSR mining. In February 2021, SSR Mining announced that Alison White would be the ne...

MAX vs SSRM — Head-to-Head

Bigger by revenue
SSRM
SSRM
1.7× larger
SSRM
$521.7M
$310.0M
MAX
Growing faster (revenue YoY)
SSRM
SSRM
+44.1% gap
SSRM
61.4%
17.3%
MAX
Higher net margin
SSRM
SSRM
30.2% more per $
SSRM
34.8%
4.5%
MAX
Faster 2-yr revenue CAGR
SSRM
SSRM
Annualised
SSRM
50.5%
31.9%
MAX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAX
MAX
SSRM
SSRM
Revenue
$310.0M
$521.7M
Net Profit
$14.0M
$181.5M
Gross Margin
15.1%
Operating Margin
7.2%
38.8%
Net Margin
4.5%
34.8%
Revenue YoY
17.3%
61.4%
Net Profit YoY
701.8%
3166.6%
EPS (diluted)
$0.84

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
MAX
MAX
SSRM
SSRM
Q1 26
$310.0M
Q4 25
$291.2M
$521.7M
Q3 25
$306.5M
$385.8M
Q2 25
$251.6M
$405.5M
Q1 25
$264.3M
$316.6M
Q4 24
$300.6M
$323.2M
Q3 24
$259.1M
$257.4M
Q2 24
$178.3M
$184.8M
Net Profit
MAX
MAX
SSRM
SSRM
Q1 26
$14.0M
Q4 25
$31.4M
$181.5M
Q3 25
$14.9M
$65.4M
Q2 25
$-18.7M
$90.1M
Q1 25
$-1.9M
$58.8M
Q4 24
$4.6M
$5.6M
Q3 24
$9.5M
$10.6M
Q2 24
$3.6M
$9.7M
Gross Margin
MAX
MAX
SSRM
SSRM
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
MAX
MAX
SSRM
SSRM
Q1 26
7.2%
Q4 25
7.7%
38.8%
Q3 25
6.4%
21.6%
Q2 25
-8.0%
26.9%
Q1 25
0.0%
21.1%
Q4 24
6.1%
10.6%
Q3 24
6.0%
3.5%
Q2 24
3.6%
5.8%
Net Margin
MAX
MAX
SSRM
SSRM
Q1 26
4.5%
Q4 25
10.8%
34.8%
Q3 25
4.9%
17.0%
Q2 25
-7.4%
22.2%
Q1 25
-0.7%
18.6%
Q4 24
1.5%
1.7%
Q3 24
3.7%
4.1%
Q2 24
2.0%
5.2%
EPS (diluted)
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
$0.50
$0.84
Q3 25
$0.26
$0.31
Q2 25
$-0.33
$0.42
Q1 25
$-0.04
$0.28
Q4 24
$0.09
$0.03
Q3 24
$0.17
$0.05
Q2 24
$0.07
$0.05

Balance Sheet & Financial Strength

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

Metric
MAX
MAX
SSRM
SSRM
Cash + ST InvestmentsLiquidity on hand
$26.1M
$575.6M
Total DebtLower is stronger
$163.5M
Stockholders' EquityBook value
$3.5B
Total Assets
$367.7M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAX
MAX
SSRM
SSRM
Q1 26
$26.1M
Q4 25
$46.9M
$575.6M
Q3 25
$38.8M
$445.4M
Q2 25
$85.4M
$438.5M
Q1 25
$63.6M
$341.3M
Q4 24
$43.3M
$417.3M
Q3 24
$32.3M
$365.8M
Q2 24
$28.7M
$384.4M
Total Debt
MAX
MAX
SSRM
SSRM
Q1 26
$163.5M
Q4 25
$153.4M
Q3 25
$155.7M
Q2 25
$158.0M
Q1 25
$160.2M
Q4 24
$162.4M
$228.6M
Q3 24
$164.7M
$228.3M
Q2 24
$166.9M
$228.0M
Stockholders' Equity
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
$4.2M
$3.5B
Q3 25
$-29.8M
$3.3B
Q2 25
$-3.8M
$3.3B
Q1 25
$7.9M
$3.2B
Q4 24
$2.4M
$3.1B
Q3 24
$-8.4M
$3.1B
Q2 24
$-24.4M
$3.1B
Total Assets
MAX
MAX
SSRM
SSRM
Q1 26
$367.7M
Q4 25
$383.8M
$6.1B
Q3 25
$266.2M
$5.9B
Q2 25
$249.4M
$5.8B
Q1 25
$240.0M
$5.6B
Q4 24
$262.4M
$5.2B
Q3 24
$236.1M
$5.1B
Q2 24
$198.2M
$5.2B
Debt / Equity
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
36.88×
Q3 25
Q2 25
Q1 25
20.23×
Q4 24
68.31×
0.07×
Q3 24
0.07×
Q2 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
MAX
MAX
SSRM
SSRM
Operating Cash FlowLast quarter
$172.1M
Free Cash FlowOCF − Capex
$106.4M
FCF MarginFCF / Revenue
20.4%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$241.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
$-7.4M
$172.1M
Q3 25
$23.6M
$57.2M
Q2 25
$25.7M
$157.8M
Q1 25
$23.7M
$84.8M
Q4 24
$14.5M
$95.0M
Q3 24
$8.1M
$-1.3M
Q2 24
$21.6M
$-78.1M
Free Cash Flow
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
$-7.5M
$106.4M
Q3 25
$23.6M
$-2.4M
Q2 25
$25.5M
$98.4M
Q1 25
$23.6M
$39.3M
Q4 24
$14.5M
$56.4M
Q3 24
$8.0M
$-34.1M
Q2 24
$21.5M
$-116.3M
FCF Margin
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
-2.6%
20.4%
Q3 25
7.7%
-0.6%
Q2 25
10.2%
24.3%
Q1 25
8.9%
12.4%
Q4 24
4.8%
17.5%
Q3 24
3.1%
-13.2%
Q2 24
12.0%
-62.9%
Capex Intensity
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
0.0%
12.6%
Q3 25
0.0%
15.4%
Q2 25
0.1%
14.7%
Q1 25
0.0%
14.4%
Q4 24
0.0%
11.9%
Q3 24
0.0%
12.7%
Q2 24
0.1%
20.7%
Cash Conversion
MAX
MAX
SSRM
SSRM
Q1 26
Q4 25
-0.24×
0.95×
Q3 25
1.58×
0.87×
Q2 25
1.75×
Q1 25
1.44×
Q4 24
3.13×
17.10×
Q3 24
0.85×
-0.13×
Q2 24
5.97×
-8.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAX
MAX

Segment breakdown not available.

SSRM
SSRM

Gold$369.3M71%
Concentrate Sales$124.4M24%
Other$19.1M4%
Lead$9.0M2%

Related Comparisons