Newsmax Q3 revenue rises on higher affiliate fees, rate increases
NMAX•Newsmax's third-quarter revenue rose 52.5% year over year to $69.03 million, and net income was $15.22 million versus a loss a year earlier. Adjusted EBITDA was $19.03 million, including a $14 million one-time fee; the company maintained its 2026 revenue guidance.
1. Quarterly results
Newsmax reported third-quarter revenue of $69.03 million, up 52.5% year over year, and net income of $15.22 million compared with a loss a year earlier. Adjusted EBITDA was $19.03 million, supported by a $14 million non-recurring service revenue termination fee.
2. Revenue drivers and outlook
The company said growth reflected higher affiliate fees from new contracts and rate increases, as well as expanded international licensing agreements. Lower legal and general administrative expenses supported profitability, partly offset by higher programming and production investment. Newsmax maintained full-year 2026 revenue guidance of $212 million to $216 million excluding the one-time item, or $226 million to $230 million including it.
