Newsmax Posts 10.7% Revenue Growth to $189.3M, Sets $212M–$216M 2026 Guide
Newsmax reported record full-year 2025 revenues of $189.3 million, up 10.7%, and Q4 revenues of $52.2 million, up 9.6%, led by a 17.3% jump in broadcasting revenues to $153.3 million. The company narrowed its Q4 net loss to $3.0 million and projects 2026 revenue of $212 million to $216 million.
1. Full-Year and Q4 Financial Results
Newsmax reported full-year 2025 revenues of $189.3 million, a 10.7% increase over 2024, and Q4 revenues of $52.2 million, up 9.6%. The company narrowed its Q4 net loss to $3.0 million from $6.9 million and ended the year with $131.3 million in cash and short-term investments.
2. Segment Performance
Broadcasting revenues rose 17.3% to $153.3 million for the year, driven by higher advertising rates, expanded affiliate fees and subscription growth. Digital revenues declined 10.9% to $35.9 million, reflecting weaker digital advertising and subscription segments despite a 20.7% increase in product sales.
3. Operational Highlights and Expansion
Multiple multi-year carriage renewals, including with YouTube TV, maintained base package placement and extended Newsmax+ to YouTube Prime-time Channels. International distribution agreements launched services in France, Israel and Cyprus, while Newsmax2 expanded across FAST platforms, pushing the channel's reach to more than 100 countries.
4. 2026 Outlook and Guidance
The company projects full-year 2026 revenues of $212 million to $216 million, implying roughly 13% growth at the midpoint as it plans strategic investments in content, distribution and technology to support further expansion and profitability.