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Newsmax Announces Third Quarter 2026 Financial Results

NMAX
  • Newsmax Inc. reported record quarterly revenues of $69.0 million for Q3 2026, a 52.5% year-over-year increase.
  • Net income for the quarter was $15.2 million ($0.12 per share), compared to a net loss of $4.1 million in the prior year period.
  • Adjusted EBITDA reached $19.0 million, driven by a $14.0 million one-time termination fee, excluding which the figure was $5.0 million.
  • Total revenues included a non-recurring $14.0 million service revenue termination fee; excluding this item, revenues were a record $55.0 million (21.6% growth).
  • Broadcasting revenues grew 65.9% year-over-year to $60.7 million, fueled by affiliate fee growth & expanded international licensing.
  • The company achieved a third-quarter audience reach of 22.5 million total viewers, including 9.1 million Adults 35-64.
  • Social media followers increased 13% year-over-year to 26.8 million as of September 30, 2026.
  • Newsmax launched on AFN Now, expanded carriage agreements, & grew its Newsmax+ library to over 700 documentaries.
  • International licensing revenues are on track to increase 344% year-over-year to approximately $16 million, with Newsmax Ukraine launching on November 1, 2026.
  • Full-year 2026 revenue guidance remains $212 million to $216 million (excluding one-time items), representing 13% growth at the midpoint.
  • Including the one-time item, the full-year 2026 revenue guidance is $226 million to $230 million.
  • The company ended the quarter with $137.6 million in cash & short-term investments, maintaining a debt-free balance sheet.
  • Christopher Ruddy, CEO, cited the quarter as the strongest in the company's public history, with engagement rising during the midterm campaign.
  • Darryle Burnham, CFO, highlighted operating leverage & a shift toward high-margin affiliate & licensing revenue streams.
  • Newsmax is positioned as the fourth highest-rated cable news channel & #2 in cable news audience engagement among Adults 35-64.
Company
Newsmax Inc.
Keywords
Publishing & Media, Earnings