Newsmax Inc. (NMAX) Financial Statements
Industry: Television Broadcasting Stations
In fiscal 2025, Newsmax reported revenue of $189.3M. Net income was -$99.5M (a -52.6% net margin), or -$0.96 per diluted share. Gross margin was 39.3% and operating margin was -52.8%. Operating activities generated -$104.5M of cash, leaving -$107.1M of free cash flow. At fiscal year end, Newsmax held $239.8M in total assets against $133.8M in total liabilities, including $20.4M of cash and equivalents.
Open the full interactive Newsmax financials → Quarterly statements, key ratios, valuation history and price charts.
Newsmax Key Stats
| Share Price | $10.05 |
|---|---|
| Market Cap | $1.30B |
| Dividend Yield | 0.00% |
| 52-Week Range | $5.16 – $11.62 |
| Shares Outstanding | 128.5 million (basic, 2026 Q2) |
Newsmax Income Statement
| FY 2025 | |
|---|---|
| Revenue | $189.3M |
| Cost of Goods Sold | $4.4M |
| Gross Profit | $74.4M |
| Operating Income | -$99.9M |
| Pre-Tax Income | -$99.5M |
| Income Tax | $0 |
| Net Income | -$99.5M |
| Diluted EPS | -$0.96 |
Newsmax Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $45.3M | $52.2M | $51.7M | $54.1M |
| Net Income | -$4.1M | -$3.0M | -$2.2M | $2.9M |
| Diluted EPS | -$0.03 | -$0.03 | -$0.02 | $0.02 |
Newsmax Balance Sheet
| FY 2025 | |
|---|---|
| Cash & Equivalents | $20.4M |
| Current Assets | $195.5M |
| Total Assets | $239.8M |
| Current Liabilities | $81.3M |
| Total Liabilities | $133.8M |
| Shareholders' Equity | $106.0M |
Newsmax Cash Flow Statement
| FY 2025 | |
|---|---|
| Cash From Operations | -$104.5M |
| Cash From Investing | -$53.1M |
| Cash From Financing | $154.0M |
| Free Cash Flow | -$107.1M |
| Dividends Paid | $915,069 |
Figures from Newsmax's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Newsmax financials page for every line item.
Newsmax Company Profile
| Ticker | NMAX |
|---|---|
| Exchange | NYSE |
| Industry | Television Broadcasting Stations |
| Headquarters | Boca Raton, Florida |
| Incorporated in | Florida |
| SEC Filer Category | Non-accelerated filer, emerging growth company |
| SEC CIK | 0002026478 |
Frequently Asked Questions
What was Newsmax's revenue in fiscal 2025?
Newsmax (NMAX) reported revenue of $189.3M for fiscal 2025.
What was Newsmax's net income in fiscal 2025?
Newsmax reported net income of -$99.5M for fiscal 2025.
What was Newsmax's earnings per share (EPS) in fiscal 2025?
Newsmax's diluted EPS was -$0.96 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Newsmax generate in fiscal 2025?
Newsmax generated -$107.1M of free cash flow in fiscal 2025.
What was Newsmax's revenue last quarter?
In its most recent reported quarter (2026 Q2), Newsmax reported revenue of $54.1M.
How many shares of Newsmax are outstanding?
Newsmax reported a weighted average of 128.5 million basic shares outstanding in 2026 Q2.
What is Newsmax's market cap?
Based on its latest closing price, Newsmax (NMAX) has a market capitalization of about $1.30B.
Where is Newsmax headquartered?
Newsmax lists its business address in Boca Raton, Florida in its SEC filings.