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Side-by-side financial comparison of Newsmax Inc. (NMAX) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $52.2M, roughly 1.1× Newsmax Inc.). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -5.7%, a 27.5% gap on every dollar of revenue.

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

NMAX vs WASH — Head-to-Head

Bigger by revenue
WASH
WASH
1.1× larger
WASH
$57.8M
$52.2M
NMAX
Higher net margin
WASH
WASH
27.5% more per $
WASH
21.8%
-5.7%
NMAX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NMAX
NMAX
WASH
WASH
Revenue
$52.2M
$57.8M
Net Profit
$-3.0M
$12.6M
Gross Margin
36.7%
Operating Margin
-9.0%
Net Margin
-5.7%
21.8%
Revenue YoY
Net Profit YoY
3.5%
EPS (diluted)
$0.15
$0.66

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
NMAX
NMAX
WASH
WASH
Q1 26
$57.8M
Q4 25
$52.2M
$59.3M
Q3 25
$45.3M
$56.5M
Q2 25
$46.4M
$54.3M
Q1 25
$45.3M
$59.1M
Q4 24
$12.4M
Q3 24
$48.5M
Q2 24
$48.2M
Net Profit
NMAX
NMAX
WASH
WASH
Q1 26
$12.6M
Q4 25
$-3.0M
$16.0M
Q3 25
$-4.1M
$10.8M
Q2 25
$-75.2M
$13.2M
Q1 25
$-17.2M
$12.2M
Q4 24
$-60.8M
Q3 24
$11.0M
Q2 24
$10.8M
Gross Margin
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
36.7%
Q3 25
35.3%
Q2 25
38.0%
Q1 25
47.8%
Q4 24
Q3 24
Q2 24
Operating Margin
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
-9.0%
34.9%
Q3 25
-15.9%
24.7%
Q2 25
-164.5%
31.6%
Q1 25
-25.5%
26.5%
Q4 24
-648.7%
Q3 24
28.5%
Q2 24
28.7%
Net Margin
NMAX
NMAX
WASH
WASH
Q1 26
21.8%
Q4 25
-5.7%
27.0%
Q3 25
-9.1%
19.2%
Q2 25
-161.9%
24.4%
Q1 25
-38.0%
20.6%
Q4 24
-491.4%
Q3 24
22.6%
Q2 24
22.4%
EPS (diluted)
NMAX
NMAX
WASH
WASH
Q1 26
$0.66
Q4 25
$0.15
$0.84
Q3 25
$-0.03
$0.56
Q2 25
$-0.59
$0.68
Q1 25
$-0.49
$0.63
Q4 24
$-3.54
Q3 24
$0.64
Q2 24
$0.63

Balance Sheet & Financial Strength

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

Metric
NMAX
NMAX
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$20.4M
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$106.0M
$546.8M
Total Assets
$239.8M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMAX
NMAX
WASH
WASH
Q1 26
$12.3M
Q4 25
$20.4M
Q3 25
$14.2M
Q2 25
$33.8M
Q1 25
$126.7M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NMAX
NMAX
WASH
WASH
Q1 26
$546.8M
Q4 25
$106.0M
$543.6M
Q3 25
$106.0M
$533.0M
Q2 25
$106.9M
$527.5M
Q1 25
$177.4M
$521.7M
Q4 24
$499.7M
Q3 24
$502.2M
Q2 24
$471.0M
Total Assets
NMAX
NMAX
WASH
WASH
Q1 26
$6.5B
Q4 25
$239.8M
$6.6B
Q3 25
$233.3M
$6.7B
Q2 25
$259.8M
$6.7B
Q1 25
$278.2M
$6.6B
Q4 24
$6.9B
Q3 24
$7.1B
Q2 24
$7.2B

Cash Flow & Capital Efficiency

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

Metric
NMAX
NMAX
WASH
WASH
Operating Cash FlowLast quarter
$2.6M
Free Cash FlowOCF − Capex
$1.8M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-107.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
$2.6M
$80.3M
Q3 25
$-68.1M
$39.6M
Q2 25
$-23.2M
$11.3M
Q1 25
$-15.7M
$8.4M
Q4 24
$57.7M
Q3 24
$25.7M
Q2 24
$11.2M
Free Cash Flow
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
$1.8M
$78.3M
Q3 25
$-69.2M
$39.3M
Q2 25
$-23.8M
$10.9M
Q1 25
$-15.8M
$8.4M
Q4 24
$53.7M
Q3 24
$24.4M
Q2 24
$9.6M
FCF Margin
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
3.4%
132.2%
Q3 25
-152.9%
69.6%
Q2 25
-51.3%
20.2%
Q1 25
-34.9%
14.2%
Q4 24
433.8%
Q3 24
50.4%
Q2 24
19.8%
Capex Intensity
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
1.7%
3.4%
Q3 25
2.4%
0.6%
Q2 25
1.3%
0.7%
Q1 25
0.2%
0.1%
Q4 24
32.3%
Q3 24
2.6%
Q2 24
3.4%
Cash Conversion
NMAX
NMAX
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
0.86×
Q1 25
0.69×
Q4 24
Q3 24
2.34×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NMAX
NMAX

Advertising$33.9M65%
Affiliate Fee$8.3M16%
Subscription And Circulation$6.2M12%
Products$2.6M5%
Supplement Sales$1.1M2%

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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