Newsmax Inc. Class B (NMAX)
NYSE:NMAX
Earnings Data
Report Date
May 14, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.38Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlighted solid top-line momentum driven by broadcasting, advertising and affiliate fee growth, expanded distribution (domestic and international), improved liquidity and a positive FY2026 revenue outlook (~13% growth at midpoint). However, meaningful near-term obstacles remain: a widened FY2025 net loss (-$99.5M), negative adjusted EBITDA, a large one-time legal settlement (~$78.6M), digital revenue declines and slower-than-desired Newsmax+ subscription traction. Management plans continued investment in programming and expects operating leverage and reduced legal/transition costs to improve profitability in 2026. Overall, positives around audience growth, distribution and guidance are balanced by substantial profitability and execution headwinds.Company Guidance
Full-Year Revenue Growth
Total revenue for fiscal 2025 was $189.3 million, up 10.7% year-over-year, finishing at the high end of guidance.
Broadcasting Strength
Broadcasting (reportable segment) revenue grew 17.3% to $153.3 million for FY2025; Q4 broadcasting revenue was $42.5 million, up 12.6% year-over-year.
Advertising and Affiliate Momentum
Total advertising revenue rose to $120.3 million (+10.2% YoY). Affiliate revenues increased to $30.6 million (+14.9% YoY); Q4 affiliate revenue was $7.8 million (+17.9% YoY).
Subscriber and Streaming Footprint
Newsmax+ ended the year with over 260,000 paid subscribers; streaming FAST channel Newsmax2 expanded to 64 Diginet markets (added 18 markets in 2025) and is in 14 of the top 20 U.S. markets.
Audience and Social Reach
Newsmax cable reached more than 58 million total viewers in 2025 (Nielsen) and the company reaches roughly 50 million Americans regularly across platforms; social following surpassed 24 million, up ~17% YoY.
International Expansion and Licensing
Available in over 100 countries by year-end with new launches/agreements in France, Israel, Cyprus and planned brand license for Newsmax Ukraine; international licensing revenue contributed to growth in 'other' revenues ($3.6M vs $2.3M prior year).
Improved Balance Sheet and Liquidity
Exited FY2025 with approximately $131.3 million in cash and investments (cash and equivalents $20.4M + $110.9M investments), no debt, up from $82.4M at end of 2024, providing financial flexibility.
FY2026 Growth Guidance
Company guided FY2026 revenue to $212M–$216M (midpoint ~ $214M), implying ~13% year-over-year growth at the midpoint and expects growth to be structural (affiliate fee expansion, advertising, licensing).
NMAX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NMAX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $5.98 | $5.88 | -1.67% |
Nov 13, 2025 | $8.52 | $7.93 | -6.92% |
Aug 19, 2025 | $12.96 | $12.98 | +0.15% |
May 15, 2025 | $23.21 | $23.80 | +2.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Newsmax Inc. Class B (NMAX) report earnings?
Newsmax Inc. Class B (NMAX) is schdueled to report earning on May 14, 2026, After Close (Confirmed).
What is Newsmax Inc. Class B (NMAX) earnings time?
Newsmax Inc. Class B (NMAX) earnings time is at May 14, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is NMAX EPS forecast?
Currently, no data Available