Newsmax Inc. (NMAX)

Newsmax Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	195.61	189.26	171.02	135.28
Revenue Growth (YoY)	11.32%	10.66%	26.42%	-
Cost of Revenue	120.72	114.83	93.02	79.46
Gross Profit	74.89	74.42	78	55.82
Selling, General & Admin	177.52	171.49	144.69	73.82
Depreciation & Amortization Expenses	2.62	2.79	3.12	3.16
Other Operating Expenses	-	-	-	23.93
Total Operating Expenses	180.14	174.28	147.8	100.92
Operating Income	-92.75	-99.85	-69.81	-45.1
Interest Income	7.33	7.04	0.58	0.14
Interest Expense	-0.02	-0.02	-0.09	-0.04
Other Non-Operating Income (Expense)	0.99	-6.66	-2.85	3.23
Total Non-Operating Income (Expense)	8.3	0.36	-2.36	3.34
Pretax Income	-84.46	-99.5	-72.17	-41.76
Provision for Income Taxes	0.12	-	-	-0.02
Net Income	-84.45	-99.5	-72.17	-41.78
Net Income to Common	-84.45	-99.5	-72.17	-41.78
Shares Outstanding (Basic)	129	108	41	41
Shares Outstanding (Diluted)	129	108	41	41
Shares Change (YoY)	206.56%	163.49%	-	-
EPS (Basic)	-0.60	-0.96	-1.95	-1.16
EPS (Diluted)	-0.60	-0.96	-1.95	-1.16
Shares Outstanding	129.14	129.13	41.07	41.07
Free Cash Flow	-94.19	-107.11	-49.68	-4.75
Free Cash Flow Per Share	-0.73	-0.99	-1.21	-0.12
Gross Margin	38.28%	39.32%	45.61%	41.26%
Operating Margin	-47.42%	-52.76%	-40.82%	-33.34%
Profit Margin	-43.23%	-52.57%	-42.20%	-30.86%
FCF Margin	-48.15%	-56.59%	-29.05%	-3.51%
EBITDA	-86.44	-93.53	-63.64	-41.42
EBITDA Margin	-44.19%	-49.42%	-37.21%	-30.62%
EBIT	-92.75	-99.85	-69.81	-45.1
EBIT Margin	-47.42%	-52.76%	-40.82%	-33.34%
Effective Tax Rate	-0.14%	0.00%	0.00%	0.04%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q