NYSE$NMAX

Newsmax Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Newsmax Inc reported Q1 2026 total revenues of $51.7 million, up 14% from the prior year, with a net loss of $2.2 million.

Newsmax Inc delivered 14% revenue growth in Q1 2026 driven by strong affiliate fee and licensing increases in its Broadcasting segment. Gross profit rose modestly while operating expenses declined due to lower legal costs. The company ended the quarter with $17.2 million in cash and $111.9 million in investments.

  • Total revenues reached $51.7 million, a 14% increase year-over-year, led by affiliate fees up 75%.
  • Net loss narrowed significantly to $2.2 million from $17.2 million in Q1 2025.
  • Broadcasting segment Adjusted EBITDA improved 24% to $4.0 million.
  • Digital segment revenues declined 13% amid softer advertising and subscription performance.

Headline financials

Total Revenue

$51.7M

Previous: $45.3M+14.0%
EPS (adj)

-$0.02

Previous: -$0.49+95.9%
Monthly U.S. reach

50.0M

No prior period
Capital Expenditures

-$243K

Previous: -$73.1K-232.3%
Free Cash Flow

-$2.89M

Previous: -$17.3M+83.3%
Net Income

-$2.19M

Previous: -$17.2M+87.3%
Operating Income

-$4.47M

Previous: -$11.6M+61.4%
Gross Profit

$19.9M

Previous: $21.7M-8.0%
Cash & Equivalents

$17.2M

Previous: $127M-86.4%
Total Assets

$226M

Previous: $278M-18.7%

Revenue & EPS history

Newsmax Inc · Revenue · Quarterly

$51.7M

Q1 2026+14%vs Q1 2025
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Revenue by segment

Newsmax Inc · $51.7M total across 2 segments · Q1 2026

  • Broadcasting
    $43.7M
  • Digital
    $7.96M

Forward guidance

Company continues international licensing expansion and investment in Newsmax 2 OTT platform while maintaining focus on core U.S. distribution growth.

Tailwinds

  • New international licensing agreements signed in early 2026
  • Affiliate fee revenue momentum from rate increases and new carriage

Headwinds

  • Continued investment in programming increasing cost of revenues
  • Digital segment profitability pressure from lower ad and subscription revenue

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 3 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.2%

Avg return

Earnings day

+3.5%

Avg return

5 days after

-3.5%

Avg return

30 days after

40%

2 / 5 earnings

Positive

+1.5%

Q1 2026

Best reaction

-6.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.0%+12.1%
Q1 2026+1.5%+3.1%+19.8%
Q3 2025-6.9%-11.2%+14.0%
Q2 2025+0.2%+15.0%-0.9%
Q1 2025-0.6%-1.5%-46.8%

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