MAX (MAX) revenue breakdown

· Market cap $543M

By product, Property & casualty insurance is the largest at 90% of fiscal 2025 revenue, growing 30% a year over 7 years.

Revenue by product

Fiscal years, as MAX reports them in its 10-K filings; fiscal 2025 total $1.1B.

Products20182019202020212022202320242025Share
Property & casualty insurance$162M$219M$398M$418M$224M$164M$658M$1.0B 90%
Health insurance$71M$104M$140M$176M$187M$186M$174M$86M 8%
Life insurance$29M$33M$30M$29M$27M$24M$24M$22M 2%
Other$35M$51M$17M$23M$21M$13M$9M$3M 0%
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Questions

Where does MAX make its money?

In fiscal 2025, by product: Property & casualty insurance $1.0B, Health insurance $86M, Life insurance $22M, Other $3M.

From MAX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.