Company research
Newsmax Inc.
CIK 2026478Updated Nov 14, 2026
SecurityNMAX · NYSE · equity
NMAX price & chart
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NYSE:NMAX on TradingView ↗About the company
Newsmax Media is a television broadcaster and multi-platform content publisher with a mixed-revenue model that primarily derives income from (i) digital, linear and over-the-top (“OTT”) television advertising, (ii) online web and digital advertising, (iii) cable license fees and streaming subscriptions, and (iv) subscriptions to online and print publications. Newsmax Media uses original news, syndicated services and editorial content to draw consumers to its media outlets, including through its highly-rated TV channel, digital websites and print publications, and its website, Newsmax.com, in order to sell advertising to third party marketers. Newsmax Media also sells subscriptions to its own streaming, digital and print products through its channels and platforms. Newsmax Media differentiates itself in a crowded media marketplace, among other things, through broad distribution of Newsmax Media’s content across linear cable, OTT streaming, and digital and print platforms, all with a focus on content related to politics, health, finance and lifestyle for an audience primarily comprised of viewers who are 45 years old or older.
In the news
Seeking Alpha
Newsmax: Fading The Questionable Post-Earnings Rally ↗
Newsmax projects $25M annualized licensing revenues next year while maintaining $212M-$216M 2026 underlying revenue guidance ↗
Newsmax Inc. (NMAX) Q3 2026 Earnings Call Transcript ↗
SEC disclosures
Newsmax Inc. files 8-K: Material Event ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| AssetsUSD | 233,331,108Source | — | 230,279,724Source | 259,797,788Source | — | 226,257,855Source | 278,207,316Source | — | 239,843,078Source | 146,072,863Source |
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 14,181,578Source | — | 25,883,741Source | 33,842,039Source | — | 17,198,760Source | 126,718,693Source | — | 20,433,021Source | 24,052,887Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 30,623,417Source | — | 41,380,698Source | 29,553,260Source | — | 38,293,087Source | 28,924,345Source | — | 33,414,435Source | 28,265,721Source |
| Inventory, NetUSD | 1,798,300Source | — | 1,900,448Source | 1,640,952Source | — | 2,010,130Source | 1,883,028Source | — | 2,027,168Source | 1,792,697Source |
| Assets, CurrentUSD | 192,235,681Source | — | 201,682,883Source | 237,298,914Source | — | 200,102,527Source | 252,117,866Source | — | 195,460,807Source | 121,347,554Source |
| Prepaid Expense and Other Assets, CurrentUSD | 9,457,315Source | — | 10,101,943Source | 8,209,833Source | — | 10,704,282Source | 4,790,037Source | — | 8,690,490Source | 8,925,294Source |
| Operating Lease, Right-of-Use AssetUSD | 4,531,107Source | — | — | 5,431,334Source | — | — | 6,330,521Source | — | 8,823,716Source | 7,191,606Source |
| Other Assets, NoncurrentUSD | 9,446,965Source | — | 10,266,246Source | 10,282,124Source | — | 11,359,217Source | 13,489,980Source | — | 8,711,807Source | 10,698,660Source |
| LIABILITIES AND EQUITY | ||||||||||
| LiabilitiesUSD | 127,370,046Source | — | 117,097,271Source | 152,944,892Source | — | 119,233,059Source | 100,826,959Source | — | 133,794,526Source | 155,139,691Source |
| Stockholders’ equity: | ||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | — | — | 0Source | — | — | 0Source | — | 0Source | 86,742,045Source |
| Common Stock, Value, IssuedUSD | 129,124Source | — | 129,161Source | 129,008Source | — | 129,138Source | 128,182Source | — | 129,129Source | 10Source |
| Additional Paid in CapitalUSD | 429,920,419Source | — | 440,150,435Source | 426,631,367Source | — | 436,731,324Source | 422,430,811Source | — | 433,325,830Source | 18,056,702Source |
| Retained Earnings (Accumulated Deficit)USD | -324,899,206Source | — | -327,191,691Source | -320,783,799Source | — | -330,058,982Source | -245,608,178Source | — | -327,870,772Source | -227,767,415Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 810,725Source | — | 94,548Source | 876,320Source | — | 223,316Source | 429,542Source | — | 464,365Source | -52,849Source |
| Stockholders' Equity Attributable to ParentUSD | 105,961,062Source | -181,312,651Source | 113,182,453Source | 106,852,896Source | -200,720,490Source | 107,024,796Source | 177,380,357Source | -200,922,089Source | 106,048,552Source | -137,643,729Source |
| Liabilities and EquityUSD | 233,331,108Source | — | 230,279,724Source | 259,797,788Source | — | 226,257,855Source | 278,207,316Source | — | 239,843,078Source | 146,072,863Source |
| Current liabilities: | ||||||||||
| Liabilities, CurrentUSD | 70,217,257Source | — | 84,541,536Source | 94,858,118Source | — | 86,122,902Source | 70,678,835Source | — | 81,276,164Source | 122,647,346Source |
| Operating Lease, Liability, CurrentUSD | 3,320,703Source | — | — | 3,555,150Source | — | — | 3,678,084Source | — | 3,938,001Source | 3,894,102Source |
| Accounts Payable, CurrentUSD | 15,844,429Source | — | 18,120,197Source | 15,729,014Source | — | 16,277,687Source | 15,781,198Source | — | 16,770,777Source | 14,670,846Source |
| Operating Lease, Liability, NoncurrentUSD | 1,710,473Source | — | — | 2,494,520Source | — | — | 3,287,889Source | — | 5,287,134Source | 4,049,256Source |
| Other Liabilities, NoncurrentUSD | 937,500Source | — | 3,641,667Source | 1,000,000Source | — | 3,879,167Source | — | — | 925,000Source | 0Source |
| Additional Financial Items | ||||||||||
| Accrued Liabilities, CurrentUSD | 9,824,063Source | — | 16,203,731Source | 7,772,710Source | — | 20,008,943Source | 13,191,197Source | — | 11,837,167Source | 9,882,720Source |
| Dividends Payable, CurrentUSD | 935,380Source | — | — | 895,071Source | — | — | 1,097,223Source | — | 231,187Source | 1,068,366Source |
| Dividends PayableUSD | — | — | — | — | — | — | 610,139Source | 0Source | — | 33,729,540Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 1,523,571Source | 1,540,440Source | 6,327,229Source | 6,172,395Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 3,355,369Source | 1,577,109Source | 11,955,882Source | 0Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 5,210,412Source | 540,358Source | 4,971,013Source | 6,553,234Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -17,038Source | 90,331Source | 234,471Source | -2,042,009Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -1,407,567Source | 577,173Source | 1,921,304Source | -5,087,528Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -2,642,837Source | -15,725,959Source | -104,454,878Source | -48,687,432Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -594,203Source | -29,463,622Source | -53,123,819Source | -58,428,592Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 242,854Source | 40,786Source | 2,650,515Source | 996,291Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 2,779Source | 147,855,388Source | 153,958,832Source | 125,131,700Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -3,234,261Source | 102,665,806Source | -3,619,865Source | 18,015,676Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 14,181,578Source | 35,006,359Source | 25,883,741Source | 33,842,039Source | 17,198,760Source | 126,718,693Source | 20,433,022Source | 24,052,887Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 0Source | 586Source | 1,829Source | 42,300Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 28,160Source | 16,374Source |
| Additional Financial Items | ||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 3,547,340Source | 0Source | 3,318,835Source | 3,417,686Source | 3,355,369Source | 1,577,109Source | 11,955,881Source | 0Source |
| DepreciationUSD | — | — | 690,320Source | 746,206Source | 525,142Source | 734,590Source | 566,819Source | 736,875Source | 2,789,875Source | 3,115,635Source |
| Dividends Payable, CurrentUSD | — | — | 935,380Source | — | — | 895,071Source | — | 1,097,223Source | 231,187Source | 1,068,366Source |
| Dividends PayableUSD | — | — | — | — | — | — | — | 610,139Source | — | 33,729,540Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 957,795Source | 136,355Source | 271,965Source | -500,736Source | 978,911Source | 1,585,580Source | 1,594,221Source | -290,081Source |
| Income Tax Expense (Benefit)USD | — | — | 55,736Source | -162Source | 0Source | 9,693Source | 0Source | 5,000Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | — | — | 5,455Source | 25,067Source | 1,664Source | 7,456Source | 2,950Source | 6,055Source | 23,167Source | 91,540Source |
| Investment Income, InterestUSD | — | — | — | — | — | — | 800,000Source | — | 600,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -4,115,406Source | -9,770,287Source | 2,867,291Source | -75,175,622Source | -2,188,210Source | -17,232,525Source | -99,495,119Source | -72,171,928Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -4,115,406Source | -11,850,753Source | 2,867,291Source | -75,175,622Source | -2,188,210Source | -21,900,328Source | -104,162,922Source | -80,177,687Source |
| Nonoperating Income (Expense)USD | — | — | 3,138,889Source | -975,674Source | 1,562,347Source | 1,239,520Source | 2,280,874Source | -5,654,745Source | 359,450Source | -2,363,688Source |
| Operating ExpensesUSD | — | — | 23,159,295Source | 28,557,438Source | 22,028,760Source | 94,047,210Source | 24,397,812Source | 31,034,916Source | 174,276,942Source | 147,803,414Source |
| Other Nonoperating Income (Expense)USD | — | — | -17,062Source | -1,253,656Source | -345,758Source | -54,342Source | -38,899Source | -8,288,556Source | -8,250,335Source | -2,562,569Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 88,500Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 50,134Source | 0Source | 7,882,962Source | 0Source |
| Amortization | — | — | — | — | —Source | —Source | —Source | —Source | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | —Source | —Source | — | — | — | — |
| General and Administrative Expense | — | — | — | — | — | — | — | —Source | — | — |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | — | —Source | — | — |
| Payments to Acquire Investments | — | — | — | — | — | — | — | —Source | — | — |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | —Source | —Source | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 45,272,696Source | 43,513,952Source | 54,115,485Source | 46,439,744Source | 51,658,491Source | 45,301,707Source | 189,254,921Source | 171,016,455Source |
| Operating Income (Loss)USD | — | — | -7,198,559Source | -8,794,775Source | 1,304,944Source | -76,405,449Source | -4,469,084Source | -11,572,780Source | -99,854,569Source | -69,808,240Source |
| Other Nonoperating Income (Expense)USD | — | — | -17,062Source | -1,253,656Source | -345,758Source | -54,342Source | -38,899Source | -8,288,556Source | -8,250,335Source | -2,562,569Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -4,059,670Source | -9,770,449Source | 2,867,291Source | -75,165,929Source | -2,188,210Source | -17,227,525Source | -99,495,119Source | -72,171,928Source |
| Income Tax Expense (Benefit)USD | — | — | 55,736Source | -162Source | 0Source | 9,693Source | 0Source | 5,000Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -4,115,406Source | -9,770,287Source | 2,867,291Source | -75,175,622Source | -2,188,210Source | -17,232,525Source | -99,495,119Source | -72,171,928Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.03Source | -0.29Source | 0.02Source | -0.59Source | -0.02Source | -0.49Source | -0.96Source | -1.95Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.03Source | -0.29Source | 0.02Source | -0.59Source | -0.02Source | -0.49Source | -0.96Source | -1.95Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 128,480,258Source | 41,065,954Source | 128,508,173Source | 128,333,356Source | 128,491,597Source | 44,895,546Source | 108,205,893Source | 41,065,954Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 128,480,258Source | 41,065,954Source | 129,285,724Source | 128,333,356Source | 128,491,597Source | 44,895,546Source | 108,205,893Source | 41,065,954Source |
| Interest Expense (non-operating)USD | — | — | 5,455Source | 25,067Source | 1,664Source | 7,456Source | 2,950Source | 6,055Source | 23,167Source | 91,540Source |
| Additional Financial Items | ||||||||||
| Gross ProfitUSD | — | — | 15,960,736Source | 19,762,663Source | 23,333,704Source | 17,641,761Source | 19,928,728Source | 19,462,136Source | 74,422,373Source | 77,995,174Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | 2,198,156Source | 141,627Source | 1,308,664Source | 1,794,598Source | 1,340,862Source | 1,048,231Source | 7,015,564Source | 488,962Source |
| Investment Income, InterestUSD | — | — | — | — | — | — | 800,000Source | — | 600,000Source | — |
| Labor and Related ExpenseUSD | — | — | 8,202,407Source | 6,557,029Source | 8,873,996Source | 8,614,761Source | 9,048,634Source | 8,013,416Source | 32,937,356Source | 25,564,977Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -4,115,406Source | -11,850,753Source | 2,867,291Source | -75,175,622Source | -2,188,210Source | -21,900,328Source | -104,162,922Source | -80,177,687Source |
| Nonoperating Income (Expense)USD | — | — | 3,138,889Source | -975,674Source | 1,562,347Source | 1,239,520Source | 2,280,874Source | -5,654,745Source | 359,450Source | -2,363,688Source |
| Operating ExpensesUSD | — | — | 23,159,295Source | 28,557,438Source | 22,028,760Source | 94,047,210Source | 24,397,812Source | 31,034,916Source | 174,276,942Source | 147,803,414Source |
| Other General and Administrative ExpenseUSD | — | — | 4,364,669Source | 3,335,633Source | 8,701,407Source | 10,319,344Source | 9,420,361Source | 8,198,568Source | 18,817,975Source | 12,617,313Source |
| Other General ExpenseUSD | — | — | 1,192,312Source | 10,718,880Source | 0Source | 68,437,098Source | 0Source | 9,667,603Source | 78,612,413Source | 76,940,693Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 0Source | 2,080,466Source | 0Source | 0Source | 0Source | 4,667,803Source | 4,667,803Source | 8,005,759Source |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | —Source | —Source | — | — | — | — |
| General and Administrative Expense | — | — | — | — | — | — | — | —Source | — | — |
| Income (Loss) Attributable to Parent, before Tax | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — |
Offerings
Registration 333-286582
Registration 333-286405
Filing attachments
ea026546601ex99-1_newsmax.htm · 8-K · 2025-11-13
EX-99.1 2 ea026546601ex99-1_newsmax.htm PRESS RELEASE, DATED SEPTEMBER 13, 2025 Exhibit 99.1 Newsmax Announces Third Quarter 2025 Financial Results Company Reports Revenues of $45.3 million, a 4.0% Year-Over-Year Increase, Outpacing Election-Year Comparison Broadcast Revenues Increase to $36.6 Million, a 10.1% Increase Year-Over-Year Newsmax Remains the Fourth Highest-Rated Cable News Channel With Over 28 Million Quarterly Viewers BOCA RATON, FL - November 13, 2025 - Newsmax Inc. (NYSE:…
Read attachment ↗ea026546601ex99-2_newsmax.htm · 8-K · 2025-11-13
EX-99.2 3 ea026546601ex99-2_newsmax.htm PRESENTATION MATERIALS Exhibit 99.2 November 2025 Investor Presentation Investment Highlights Rapidly Expanding News Network with Strong Growth Trajectory Highly Loyal Audience with Significant Reach Diverse Platform Model with Multi - Faceted Revenue Streams Platform and Reach Unlocks Monetization Upside World - Class Leadership with Strategic Access Debt - Free Balance Sheet with Capital Strength to Support Growth 2 On all platforms, for all peopl…
Read attachment ↗ea025049201ex99-1_newsmax.htm · 8-K · 2025-08-22
EX-99.1 2 ea025049201ex99-1_newsmax.htm PRESS RELEASE DATED AUGUST 21, 2025 Exhibit 99.1 Newsmax Adds David Gandler to Board of Directors BOCA RATON, FL / ACCESS Newswire / August 21, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced the appointment of David Gandler, Co-Founder and Chief Executive Officer of FuboTV Inc. (FUBO) ("Fubo"), as a Director to the Company's Board of Directors, effective immediately. "We are excited to add David Gandler to the Newsmax B…
Read attachment ↗ea025399101ex99-1_newsmax.htm · 8-K · 2025-08-20
EX-99.1 2 ea025399101ex99-1_newsmax.htm PRESS RELEASE, DATED AUGUST 19, 2025 Exhibit 99.1 Newsmax Announces Second Quarter 2025 Financial Results Company Reports Revenues of $46.4 million, an 18.4% Increase Year-Over-Year Broadcast Revenues Soar to $38.0 Million, a 28.5% Increase Year-Over-Year Newsmax Remains the Fourth Highest-Rated Cable News Channel With Over 26 Million Quarterly Viewers BOCA RATON, FL - August 19, 2025 - Newsmax Inc. (NYSE: NMAX) (“Newsmax” or the “Company”) today…
Read attachment ↗ea0245399ex99-1_newsmax.htm · 8-K · 2025-06-11
EX-99.1 2 ea0245399ex99-1_newsmax.htm PRESS RELEASE DATED JUNE [?], 2025 Exhibit 99.1 Newsmax Inc. Names Paula Dobriansky, Alex Acosta to Board of Directors Distinguished Diplomat Joins Former Labor Secretary Alex Acosta on Public Company Board Boca Raton, Fla., June 11, 2025 - Newsmax Inc. (NYSE: NMAX) (“Newsmax” or the “Company”) today announced the appointment of Ambassador Paula J. Dobriansky to the Company’s Board of Directors, effective immediately. Dobriansky will serve as a member…
Read attachment ↗ea0243925ex99-1_newsmax.htm · 8-K · 2025-05-29
EX-99.1 2 ea0243925ex99-1_newsmax.htm PRESS RELEASE Exhibit 99.1 Newsmax Inc. (NYSE: NMAX) (“Newsmax” or the “Company”) Thursday announced the filing of an 8-K with the Securities and Exchange Commission (“SEC”). The Company informed the SEC of the following: Newsmax Inc. has entered into a multi-year renewal for distribution with Verizon Fios for its cable channel, Newsmax. Newsmax, which is available on channel 616 (116 in SD) on Fios, will retain its current distribution on the Verizo…
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