Newsmax Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $69.0 million, up 52.5% year-over-year, including $14.0 million termination payment
- ➤Excluding termination payment, record revenue $55.0 million, up 21.6% year-over-year
- ➤Net income $15.2 million, or $0.12 per share, versus prior-year net loss
- ➤Adjusted EBITDA $19.0 million, or $5.0 million excluding one-time revenue
- ➤Full-year 2026 revenue guidance maintained at $212 million-$216 million excluding payment
Expert Statements
Christopher Ruddy, Chief Executive Officer of Newsmax
“The third quarter was the strongest in our history as a public company. Setting aside the one-time revenue item, we delivered our fastest revenue growth since our listing and a second consecutive profitable quarter.”
Christopher Ruddy, Chief Executive Officer of Newsmax
“Engagement rose through the midterm campaign and that is an early indicator of what is ahead. We have positioned Newsmax on all platforms for all people, from cable and free streaming to Newsmax+, social and now AI, heading into what we expect to be the largest presidential cycle on record.”
Christopher Ruddy, Chief Executive Officer of Newsmax
“We are using this period to invest in programming, talent and content, while our affiliate agreements come up for renewal and our licensing partners carry the Newsmax brand into new markets in a capital-efficient way. The center-right audience remains under-served, with very few true alternatives, and we remain focused on delivering independent journalism and sustainable, long-term growth for our shareholders.”
Darryle Burnham, Chief Financial Officer of Newsmax
“Our third quarter results reflect the operating leverage we are building across the business, with affiliate and licensing growth continuing to shift our revenue mix toward our highest-margin streams. Excluding the one-time revenue item, revenue grew 21.6% and Adjusted EBITDA was positive for a second consecutive quarter.”
Darryle Burnham, Chief Financial Officer of Newsmax
“With a strong balance sheet, no debt and a disciplined approach to capital allocation, we will continue to invest in content, distribution and OTT initiatives that support long-term growth and sustainable, long-term shareholder value.”
BOCA RATON, FL / ACCESS Newswire / November 12, 2026 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced its financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Business and Operational Highlights * Delivered third quarter audience reach of 22.5 million total viewers, including 9.1 million Adults 35-64, reinforcing Newsmax's position as the fourth highest-rated cable news channel and #2 in cable news audience engagement among Adults 35-64. * Grew total social media followers 13% year-over-year to 26.8 million as of September 30, 2026, further strengthening the Company's multi-platform audience ecosystem. * Broadened the availability of Newsmax with the launch on AFN Now, the streaming service of the American Forces Network, and additional carriage agreements with independent cable operators, while the Newsmax+ library grew to more than 700 licensed and original documentaries and specials. * Advanced previously signed international brand license agreements toward launch, with Newsmax Ukraine going live on November 1, 2026 and Newsmax en Español expanding its streaming distribution in the United States, while 2026 international licensing revenues remain on track to increase 344% year-over-year to approximately $16 million, strengthening the Newsmax brand, which is available in more than 100 countries worldwide. Management Commentary
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