The reaffirmed guidance and strong affiliate fee growth suggest core broadcast momentum, but digital revenue declined and the company remains unprofitable. Monitor Q2 results for signs of operating leverage and margin improvement.
Price Chart
Executive Summary
Newsmax reported Q1 2026 revenue of $51.7M, beating the consensus estimate of $48.9M by 5.7%, with EPS of -$0.02 beating the -$0.04 consensus by 50%. Net loss improved to -$2.2M from -$17.2M a year ago, but adjusted EBITDA turned slightly negative. The company reaffirmed its FY2026 revenue guidance of $212-216M.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $51.7M (+14% YoY), beating consensus $48.9M
- Broadcast revenue grew 20.8% YoY to $43.7M, driven by affiliate fee +75.2%
- Net loss narrowed to -$2.2M from -$17.2M in Q1 2025
- Adjusted EBITDA -$0.4M vs +$0.4M a year ago
- Full-year 2026 revenue guidance reaffirmed at $212-216M
- No long-term debt; cash and investments $129.1M
Financial Impact
Revenue beat by ~$2.8M (5.7%); EPS beat by $0.02 (50%); net loss improvement of $15M
Risk Factors
- Sustained net losses and negative adjusted EBITDA
- Digital revenue declining 12.7% YoY
- Legal expense overhang from settlements
- Competitive pressure from larger news networks
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002026478-26-000046 |
| Document: nmax-20260514.htm | 0002026478-26-000046 |
| Document: newsmaxirpresentation511.htm | 0002026478-26-000046 |
| Document: 0002026478-26-000046-index-headers.html | 0002026478-26-000046 |
| Document: 0002026478-26-000046-index.html | 0002026478-26-000046 |
| Document: 0002026478-26-000046.txt | 0002026478-26-000046 |
| 8-K Data (Synthetic) | 0002026478-26-000046 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 19w ago | Institutional Cluster | $8.76 $10.63 | ▲ +21.35% | ▲ +16.95% | $7.98 (−8.90%) |
Jun 11, 2026 19w ago | Institutional Cluster | $8.76 $10.63 | ▲ +21.35% | ▲ +16.95% | $7.98 (−8.90%) |
May 14, 2026 23w ago | 8-K | $7.20 $8.73 | ▲ +21.25% | ▲ +16.73% | $7.98 (+10.83%) |
Mar 27, 2026 30w ago | DEFA14A | $5.16 $6.67 | ▲ +29.26% | ▲ +12.77% | $7.98 (+54.65%) |
US Market Status
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