Newsmax Inc.NMAXEarnings & Financial Report
Newsmax Inc. is a U.S.-headquartered media and broadcasting company that offers news coverage, political commentary, opinion pieces, and lifestyle programming across cable TV, official websites, mobile apps, and streaming platforms. It mainly caters to U.S. domestic audiences, with a core focus on conservative-oriented current affairs content segments.
NMAX Q4 2025 Key Financial Metrics
Revenue
$52.2M
Gross Profit
$19.2M
Operating Profit
$-4.7M
Net Profit
$-3.0M
Gross Margin
36.7%
Operating Margin
-9.0%
Net Margin
-5.7%
YoY Growth
N/A
EPS
$0.15
Financial Flow
Newsmax Inc. Q4 2025 Financial Summary
Newsmax Inc. reported revenue of $52.2M for Q4 2025, with a net profit of $-3.0M (-5.7% margin). Cost of goods sold was $33.1M, operating expenses totaled $23.8M.
Key Financial Metrics
| Total Revenue | $52.2M |
|---|---|
| Net Profit | $-3.0M |
| Gross Margin | 36.7% |
| Operating Margin | -9.0% |
| Report Period | Q4 2025 |
Revenue Breakdown
Newsmax Inc. Q4 2025 revenue of $52.2M breaks down across 5 segments, led by Advertising at $33.9M (65.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advertising | $33.9M | 65.0% |
| Affiliate Fee | $8.3M | 15.8% |
| Subscription And Circulation | $6.2M | 11.9% |
| Products | $2.6M | 4.9% |
| Supplement Sales | $1.1M | 2.1% |
Newsmax Inc. Revenue by Segment — Quarterly Trend
Newsmax Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Advertising and Affiliate Fee) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Advertising | $33.9M | $27.6M | $29.9M | $28.9M |
| Affiliate Fee | $8.3M | $8.1M | — | — |
| Subscription And Circulation | $6.2M | $6.9M | — | — |
| Products | $2.6M | $1.5M | $1.6M | $1.6M |
| Supplement Sales | $1.1M | $1.2M | $1.2M | $1.1M |
Newsmax Inc. Annual Revenue by Year
Newsmax Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $189.3M). Click any linked year to see what changed vs the prior annual report.
Newsmax Inc. Quarterly Revenue & Net Profit History
Newsmax Inc. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $52.2M | — | $-3.0M | -5.7% |
| Q3 2025 | $45.3M | — | $-4.1M | -9.1% |
| Q2 2025 | $46.4M | — | $-75.2M | -161.9% |
| Q1 2025 | $45.3M | — | $-17.2M | -38.0% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Revenue | $45.3M | $46.4M | $45.3M | $52.2M |
| YoY Growth | N/A | N/A | N/A | N/A |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Assets | $278.2M | $259.8M | $233.3M | $239.8M |
| Liabilities | $100.8M | $152.9M | $127.4M | $133.8M |
| Equity | $177.4M | $106.9M | $106.0M | $106.0M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Operating CF | $-15.7M | $-23.2M | $-68.1M | $2.6M |