Newsmax (NMAX) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for Newsmax.

Research analysts covering Newsmax.

Recent press releases and 8-K filings for NMAX.

Newsmax Reports Q3 2025 Revenue Growth and Improved Net Loss

NMAX

Earnings

Guidance Update

Revenue Acceleration/Inflection

Newsmax reported total revenues of $45.3 million for Q3 2025, marking a 4% increase year-over-year, primarily driven by a 10.1% growth in broadcasting revenues to $36.6 million and a 22.3% rise in affiliate revenues to $8.1 million.
The company significantly improved its profitability, reporting a net loss of $4.1 million, a 58.1% improvement from a $9.8 million net loss in Q3 2024, largely due to reduced legal expenses.
Newsmax's financial position strengthened, with total cash and investments reaching approximately $130.4 million at the end of Q3 2025, up from $82.4 million at the end of 2024, following its successful IPO.
The company reiterated its full-year revenue guidance of $180 million-$190 million and noted strong growth in streaming, with Newsmax Plus subscribers up 8% year-over-year and Newsmax 2 daytime viewership increasing 33%.

Nov 13, 2025, 9:30 PM

Newsmax Announces Third Quarter 2025 Financial Results

NMAX

Earnings

Guidance Update

Board Change

Newsmax Inc. announced total revenues of $45.3 million for the third quarter ended September 30, 2025, representing a 4.0% year-over-year increase, with broadcast revenues growing 10.1% to $36.6 million.
The company reported a net loss of $(4.1) million for Q3 2025, an improvement from a $(9.8) million net loss in the prior year quarter, and Adjusted EBITDA of $(1.8) million.
Newsmax ended the quarter with $130.4 million in cash and short-term investments and reiterated its full-year 2025 revenue guidance of $180 million to $190 million.
Key business highlights include significant distribution expansion through new partnerships and the appointment of David Gandler to the Board of Directors.

Nov 13, 2025, 9:07 PM

Newsmax Reports Strong Q3 FY25 Revenue Growth and Financial Strength

NMAX

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Newsmax reported revenues of $45.3 million for 3Q FY25, an increase of 4.0% year-over-year, with broadcast revenues growing 10.1% to $36.6 million. The company achieved $171 million in diversified revenue for FY2024, representing a 30% Revenue CAGR from 2019-2024.
The company maintains a debt-free balance sheet and reported a strong cash and short-term investments position of $130 million as of 3Q FY25.
Newsmax has a significant reach, available in 60M+ U.S. Homes across Pay TV and a 100M+ footprint including streaming, ranking as the #4 cable news channel.
Significant growth opportunities are identified, particularly in affiliate fees, where current rates trail peers by an average of 7x, and through international expansion, with availability in 100+ countries.