Quarterly ResultMay 14, 2026, 04:14 PM
Newsmax Q1 Revenue $51.7M, up 14.0% YoY; Net Loss $(2.2)M
AI Summary
Newsmax Inc. announced its first quarter 2026 financial results, reporting total revenues of $51.7 million, a 14.0% increase year-over-year. The company significantly reduced its net loss to $(2.2) million from $(17.2) million in the prior year, driven by higher revenue and lower legal expenses. However, Adjusted EBITDA decreased to $(0.4) million. Newsmax reaffirmed its full-year 2026 revenue guidance and highlighted strong audience reach and multi-platform growth.
Key Highlights
- Total revenues for Q1 2026 were $51.7 million, a 14.0% year-over-year increase.
- Total broadcasting revenues grew 20.8% year-over-year to $43.7 million.
- Net loss for Q1 2026 was $(2.2) million, significantly improved from $(17.2) million in Q1 2025.
- Adjusted EBITDA was $(0.4) million, a decrease of $(0.8) million year-over-year.
- The company ended the quarter with $129.1 million in cash and short-term investments.
- Newsmax reaffirmed full-year 2026 revenue guidance of $212 million to $216 million, representing 13% year-over-year growth at the midpoint.
- Achieved 30.4 million total viewers and 13.3 million Adults 35-64 in Q1, maintaining its position as the fourth highest-rated cable news channel.
- Social media followers increased to 24.7 million as of March 31, 2026.