NMAX

Image source: The Motley Fool. Thursday, May 14, 2026 at 4:30 p.m. ET Chief Executive Officer — Christopher Ruddy Chief Financial Officer — Darryle Burnham Christopher Ruddy: Thank you, Chris, and welcome, everyone, to our fourth quarter and full year 2025 earnings call. Fiscal year 2025 was a defining year for Newsmax and marked our first year as a public company. While many legacy television companies faced challenges in a nonelection year when audience levels, engagement and advertising demand typically normalize across the industry, Newsmax delivered strong growth and performed at the high end of our guidance range. This performance reflects the strength of our brand, the loyalty of our audience and the momentum of our multi-platform strategy. During the year, we expanded our distribution and reinforced our position as the fourth highest-rated cable news network while finishing #6 among all cable channels in total day ratings across the hundreds measured by Nielsen. We also exited the year with a strong debt-free balance sheet, providing a solid foundation to invest behind accelerated growth in 2026. For the full year, revenue increased 10.7% to $189.3 million, and broadcast revenue, which is key for us, grew 17.3%, driven by growth across advertising, affiliate fees, subscriptions and licensing. Affiliate fees specifically were up a solid 14.9%. This performance highlights the strength of our diversified revenue model and the sustained demand for independent values-driven journalism across all our platforms. We continue to see Newsmax as a high-growth company. At a time when many media businesses are contracting, our growth stands out, and we expect that momentum to continue into 2026. This performance is driven by our differentiated multi-platform model. We're not just a cable channel. We're not just a streaming FAST channel. We're not just a streaming plus service. We're not just a web digital company. We're all of these things and much more. We figured out how to integrate the digital media with the legacy TV media and how to move our brand across several platforms and do so synergistically, creating a scalable ecosystem poised for growth. This approach allows us to meet audiences wherever they are and leveraging our expanded distribution to further monetize engagement across multiple channels. While this model differs from traditional media business...

Image source: The Motley Fool. May 14, 2026, at 4:30 p.m. ET Chief Executive Officer — Christopher Ruddy Chief Financial Officer — Darryle Burnham Need a quote from a Motley Fool analyst? Email [email protected] Christopher Ruddy: Thank you, Chris, and welcome, everyone, to our first quarter 2026 earnings call. Newsmax delivered a strong start to 2026. In the first quarter, we maintained our strong audience reach across cable, streaming and digital, while continuing to strengthen the scale of our platform. We reported Revenue of $51.7 million, up 14% year-over-year, and Broadcast Revenue of $43.7 million, up over 20%. What stands out to me most is the quality of the quarter. We delivered broad first quarter audience reach with 30.4 million total viewers and 13.3 million adults 35 to 64, reinforcing Newsmax's position as the fourth highest rated cable news channel and a top 15 cable network across key dayparts. We are also maintaining some of the strongest audience engagement with adults 35 to 64, ranking #2 in cable news by a wide margin. In a period when the media industry is seeing declines versus the post-election news consumption and presidential inauguration in early 2025, our first quarter rankings show that Newsmax continues to perform strongly in a more normalized environment. Despite the challenging comparison, we are encouraged by the 29% sequential increase in total viewership during the quarter versus Q4 2025 and by the continued momentum we saw in April. In addition, we continued to strengthen our multi-platform audience ecosystem with social media followers reaching 24.7 million at quarter end and now surpassing 25 million followers in May. We are also encouraged by the continued progress in our business model. As anticipated, cable and pay-TV affiliate fee and licensing momentum helped drive growth in the quarter, while our profitability improved year-over-year as we continue to invest in programming, production and OTT initiatives that we believe support long-term expansion. We ended the quarter with $129 million in cash and short-term investments, giving us the financial flexibility to continue investing behind our growth and from a position of strength. Strategically, this quarter reinforced what we have said for some time. Newsmax is a differentiated multi-platform media company. We are not dependent on any single channel. We continue to integra...

Company Reports Quarterly Revenues of $51.7 million, a 14.0% Year-Over-Year Increase Broadcast Revenues Increase to $43.7 million, a 20.8% Increase Year-Over-Year Company Reaffirms Full-Year 2026 Revenue Guidance, Representing Accelerated Year-Over-Year Growth of 13% at the Midpoint BOCA RATON, FL / ACCESS Newswire / May 14, 2026 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced its financial results for the first quarter ended March 31, 2026. First Quarter 2026 Business and Operational Highlights Delivered broad first quarter audience reach, with 30.4 million total viewers and 13.3 million Adults 35-64, reinforcing Newsmax's position as the fourth highest-rated cable news channel and a top fifteen cable network across key dayparts. Continued to strengthen the Company's multi-platform audience ecosystem, with social media followers rising to 24.7 million as of March 31, 2026. Increased content offering through continued investment in Newsmax+ and in premium programming, including the expansion of World at War / War & Warriors, where available titles increased more than 200%. Continued to advance our international growth strategy by expanding our licensing agreement with Telecom Serbia and Newsmax Poland. Management Commentary "Newsmax delivered a strong start to 2026, with broad audience reach across cable, streaming and digital while continuing to strengthen the scale of our platform," said Christopher Ruddy, Chief Executive Officer of Newsmax. "In the first quarter, we increased viewership, gained traction with younger demographics and saw continued momentum across Newsmax2, Newsmax+ and social media. While the industry is lapping unusually high election-driven news consumption from early 2025, our first quarter rankings demonstrate that Newsmax continues to perform strongly in a more normalized environment. We are also making further strides as a global news brand and continuing to attract unique viewers that reinforce the significant opportunity we see in the under-served center-right market. These results reflect the strength of our brand, the loyalty of our audience and the value of our multi-platform strategy." "Looking ahead, we see meaningful opportunity to build on this momentum through continued investment in content, broader distribution and deeper audience engagement across all of our platforms," Ruddy continued. "As the me...

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — Newsmax Inc. (NMAX) on Thursday reported a loss of $2.2 million in its first quarter. The Boca Raton, Florida-based company said it had a loss of 2 cents per share. Losses, adjusted for non-recurring gains, were 3 cents per share. The media outlet known for its conservative following and views posted revenue of $51.7 million in the period. Newsmax expects full-year revenue in the range of $212 million to $216 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NMAX at https://www.zacks.com/ap/NMAX

Interested in Newsmax Inc.? Here are five stocks we like better. Newsmax posted first-quarter 2026 revenue of $51.7 million, up 14% year over year, while its net loss narrowed sharply to $2.2 million from $17.2 million a year ago. Management said the improvement was driven by higher revenue, lower legal expenses and better other income. Broadcast revenue rose 20.8% to $43.7 million, led by a 75.2% jump in affiliate fees and a surge in licensing revenue. Digital revenue fell 12.7% and advertising declined overall, reflecting tougher comparisons with the election-driven ad environment in 2024. The company reiterated full-year 2026 revenue guidance of $212 million to $216 million and said its strong cash position of $129 million gives it flexibility to keep investing in streaming, digital monetization and international expansion. Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? Newsmax (NYSE:NMAX) reported higher first-quarter 2026 revenue and a sharply narrower net loss, as growth in affiliate fees and licensing helped offset weaker digital advertising, subscription and product sales revenue. Chief Executive Officer Chris Ruddy said the company delivered “a strong start to 2026,” citing continued audience reach across cable, streaming and digital platforms. Newsmax reported total revenue of $51.7 million, up 14% from the prior-year quarter. Broadcast revenue rose more than 20% to $43.7 million. → Micron Investors Face a High-Stakes Moment After the Latest Rally Ruddy said the quarter showed the strength of the company’s audience base in a more normalized news environment following elevated post-election and inauguration-related news consumption in early 2025. He said Newsmax had 30.4 million total viewers in the quarter and 13.3 million adults ages 35 to 64, positioning the company as the fourth-highest-rated cable news channel and a top 15 cable network across key dayparts. “What stands out to me most is the quality of the quarter,” Ruddy said. “We delivered broad first quarter audience reach.” → How Bad Could Tesla’s Cybertruck Recall Be for Shares? Chief Financial Officer Darryle Burnham said total broadcasting revenue increased 20.8% year over year to $43.7 million, driven by affiliate fee revenue growth and licensing growth. Affiliate revenue rose 75.2% to $13 million, supported by new contractual relationships and rate increases that took eff...

This article first appeared on GuruFocus. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Newsmax Inc (NYSE:NMAX) reported a 14% year-over-year increase in total revenue, reaching $51.7 million. Broadcast revenue grew by over 20%, driven by affiliate fee and licensing growth. The company maintained strong audience engagement, ranking as the fourth highest-rated cable news channel. Newsmax 2, the free streaming platform, saw a 22% growth in NewsHours and improved viewership across key dayparts. International expansion efforts are gaining momentum, with new licensing agreements and the launch of Newsmax Poland. Digital revenues declined by 12.7% year-over-year, primarily due to decreases in advertising, subscription revenue, and product sales. Advertising revenues decreased by 5.8% year-over-year, reflecting a tougher comparison following the 2024 election cycle. Subscription revenues fell by 7.9% year-over-year, with growth in Newsmax+ subscribers offset by lower publication subscription revenue. The company reported a quarterly net loss of $2.2 million, despite an improvement from the previous year's loss. Adjusted EBITDA was negative $0.4 million, reflecting higher production, programming, and personnel costs. Warning! GuruFocus has detected 3 Warning Signs with NMAX. Is NMAX fairly valued? Test your thesis with our free DCF calculator. Q: How much of the ratings improvement is tied to expanded distribution, content investments, or news flow and geopolitical events? How sustainable are these ratings? A: Chris Ruddy, CEO: It's a combination of factors, including expanded distribution, content investments, and geopolitical events like the Iran conflict. Social media engagement and strategic programming changes also contribute. Sustained interest in upcoming political events, such as primaries and elections, suggests continued strong engagement. Q: Are there ancillary benefits from affiliate fee negotiations, such as improved channel placement or broader packaging inclusion? A: Chris Ruddy, CEO: Our packages remain strong, typically in basic distribution. We've resisted moves to tiered packages. Recent renewals, like with Optimum, add subscribers. While pay TV is declining, streaming is increasing, and platforms like Pluto TV have improved our positioning. Q: Are advertisers more w...

This article first appeared on GuruFocus. Newsmax Inc (NYSE:NMAX) is set to release its Q1 2026 earnings on May 14, 2026. The consensus estimate for Q1 2026 revenue is $48.94 million, and the earnings are expected to come in at -$0.03 per share. The full-year 2026 revenue is expected to be $213.03 million, and the earnings are expected to be -$0.11 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 3 Warning Signs with NMAX. Is NMAX fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Newsmax Inc (NYSE:NMAX) have increased from $206.03 million to $213.03 million for the full year 2026, while estimates for 2027 have declined from $231.50 million to $231.27 million. Earnings estimates have declined from -$0.06 per share to -$0.11 per share for 2026, while for 2027, they have increased from $0.04 per share to $0.07 per share. In the previous quarter ending on December 31, 2025, Newsmax Inc's (NYSE:NMAX) actual revenue was $52.24 million, which beat analysts' revenue expectations of $43.99 million by 18.75%. Newsmax Inc's (NYSE:NMAX) actual earnings were -$0.02 per share, which beat analysts' earnings expectations of -$0.09 per share by 77.78%. After releasing the results, Newsmax Inc (NYSE:NMAX) was down by 1.67% in one day. Based on the one-year price targets offered by two analysts, the average target price for Newsmax Inc (NYSE:NMAX) is $18.50, with a high estimate of $20.00 and a low estimate of $17.00. The average target implies an upside of 182.87% from the current price of $6.54. Based on GuruFocus estimates, the estimated GF Value for Newsmax Inc (NYSE:NMAX) in one year is $0, suggesting a downside of -100% from the current price of $6.54. Based on the consensus recommendation from two brokerage firms, Newsmax Inc's (NYSE:NMAX) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

BOCA RATON, FL / ACCESS Newswire / April 23, 2026 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that the Company will report financial results for the first quarter ended March 31, 2026 on Thursday, May 14, 2026, after the U.S. stock market closes. Management will host a conference call at 4:30 PM ET the same day to discuss the results. The live webcast and replay will be available on the Newsmax Investor Relations website at ir.newsmax.com. About Newsmax Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation's leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major pay TV providers. Newsmax's media properties reach more than 50 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches over 24 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax "a news powerhouse." For more information, please visit Investor Relations | Newsmax Inc. Investor Contacts Newsmax Investor Relations [email protected] SOURCE: Newsmax Inc. View the original press release on ACCESS Newswire

Company Reports Record Full-Year Revenues of $189.3 million, a 10.7% Year-Over-Year Increase, Outpacing Election-Year Comparison Broadcast Revenues Increase to $153.3 million, a 17.3% Increase Year-Over-Year Newsmax Remains the Fourth Highest-Rated Cable News Channel, Reaching More Than 58 Million Total Viewers Company Projects Accelerated Revenue Growth in 2026 BOCA RATON, FL / ACCESS Newswire / March 26, 2026 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced its financial results for the fourth quarter and full-year ended December 31, 2025. 2025 Business and Operational Highlights Delivered record full-year 2025 revenues of $189.3 million, representing a 10.7% year-over-year increase and achieving results at the high end of the Company's full-year guidance range, despite a challenging post-election year comparison. Expanded domestic distribution through new and renewed multi-year carriage agreements, including a multi-year renewal with YouTube TV, maintaining Newsmax's placement in the platform's base package and extending Newsmax+ availability through YouTube Prime-time Channels beginning in 2026. Advanced the Company's international expansion strategy through new multi-year distribution agreements across Europe and the Middle East, including launches in France, Israel and Cyprus, and a brand license agreement to launch Newsmax Ukraine, extending the Company's reach to more than 100 countries worldwide. Continued to scale the Company's streaming and digital platforms through the expansion of Newsmax2 across major FAST and connected TV platforms and ongoing investment in exclusive content for the Newsmax+ subscription service. Maintained Newsmax's position as the fourth highest-rated cable news channel in the United States while expanding total audience reach across cable, streaming, digital and social media platforms, reaching more than 58 million total viewers in 2025 and finishing #6 among all cable channels in total day ratings, according to Nielsen. Management Commentary "Fiscal year 2025 was a defining year for Newsmax," said Christopher Ruddy, Chief Executive Officer of Newsmax. "In our first year as a public company, we delivered double digit revenue growth and expanded our audience reach across cable, FAST and digital platforms, even in a non-election year when industry-wide viewership and advertising demand typically normali...

Delivered 10.7% revenue growth in a non-election year by successfully integrating digital media with legacy TV to create a synergistic, scalable ecosystem. Achieved a 17.3% increase in broadcast revenue, driven by the strength of the brand as the fourth highest-rated cable news network and sixth overall in total day ratings. Expanded the global footprint to over 100 countries, utilizing a two-pronged international strategy of direct channel distribution and high-margin brand licensing. Leveraged a 'digital-first' backbone to navigate the evolving media landscape, positioning the company to capture audiences shifting toward streaming and on-demand platforms. Maintained a disciplined cost structure and debt-free balance sheet, providing the financial flexibility to invest in talent and technology for 2026. Attributed domestic growth to serving a 'blue ocean' market of conservative-leaning viewers where management perceives only one major legacy competitor. Acknowledged short-term headwinds in Newsmax+ subscription growth, prompting a strategic pivot toward enhanced premium content and exclusive programming to drive retention. Projected 2026 revenue between $212 million and $216 million, representing an accelerated 13% growth rate driven by structural fundamentals rather than political cycles. Anticipates significant affiliate fee expansion as legacy contracts from 2023 undergo multi-year repricing at higher rates during renewal cycles. Plans to scale Newsmax2 to become the leading free news streaming channel, targeting white space left by legacy broadcasters lacking strategic focus in FAST platforms. Expects improved operating leverage and profitability as one-time IPO transition costs and specific legal settlement expenses are now largely concluded. Assumes increased audience engagement from upcoming midterm elections will boost advertising demand, even without significant direct political ad spend. Recorded a $78.6 million legal settlement expense in 2025, which management views as a necessary step to remove a long-term valuation overhang. Transitioned to a public company structure, absorbing significant upfront costs in legal, consulting, and compliance infrastructure that impacted 2025 EBITDA. Flagged ongoing antitrust litigation against Fox, alleging anticompetitive 'drag-down rights' that historically blocked Newsmax from basic cable tiers. Noted a 10.9%...

FY2025 revenue was $189.3 million, up 10.7% driven by broadcasting (+17.3%), but the company posted a net loss of $99.5 million largely due to a $78.6 million legal settlement and reported adjusted EBITDA of a $6.5 million loss. Management emphasized distribution gains — launches on Hulu TV, a multi‑year renewal with YouTube TV, availability in 100+ countries, and Newsmax2 expansion into 14 of the top 20 U.S. markets — while Newsmax Plus finished the year with just over 260,000 paid subscribers, which management said is a short‑term headwind. Newsmax guided 2026 revenue to $212–$216 million (~13% growth at midpoint), saying growth will be structural and driven by affiliate fee expansion and distribution rather than political advertising, and noted ongoing litigation with Fox that could produce significant damages if successful. Interested in Newsmax Inc.? Here are five stocks we like better. Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? Newsmax (NYSE:NMAX) executives said fiscal 2025 marked a “defining year” as the company completed its first year as a public company, expanded distribution, and delivered revenue growth near the top end of guidance despite a non-election-year advertising environment that often pressures media peers. Chief Executive Officer Chris Ruddy said Newsmax strengthened its standing as the “fourth highest rated cable news network” and finished “6 among all cable channels in total day ratings” as measured by Nielsen. Ruddy emphasized that Newsmax’s strategy is built around operating across cable, free ad-supported streaming (FAST), paid streaming, and digital platforms, which he described as a “scalable ecosystem poised for growth.” → Quiet BNY and Northern Trust Reward Patient Investors Ruddy said the company expanded its domestic distribution footprint and accelerated international growth, ending the year available in more than 100 countries. He highlighted new international agreements announced in the fourth quarter, including launches in France, Israel, and Cyprus, and a brand license agreement to launch “Newsmax Ukraine” in the first half of 2026. On U.S. distribution, Ruddy said Newsmax launched on Hulu TV and renewed a multi-year agreement with YouTube TV, keeping Newsmax in YouTube TV’s base package. He also said the company plans to expand Newsmax Plus distribution through YouTube Primetime Channels beginning in...