Newsmax Inc. (NMAX)

Newsmax Income Statement

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

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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q