Newsmax, Inc. NMAX R2K
Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments, Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment offers online advertising services, such as online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 18.3% over 5 years.
CONS
- Earnings shrank at -69.1% CAGR over 5 years.
- Trading 56.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NMAX Newsmax, Inc. R2K | 8.51 | - | $1.10B | - | -62.73% | -59.39% | 18.28% | -69.08% |
| 2 | GOOGL Alphabet Inc. NDXSPXAI | 380.34 | 28.99 | $4.61T | 0.23% | 32.40% | 38.88% | 12.51% | 30.14% |
| 3 | META Meta Platforms, Inc. NDXSPXAI | 632.51 | 22.99 | $1.61T | 0.33% | 26.87% | 32.93% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXAI | 86.02 | 27.75 | $362.21B | - | 30.26% | 48.49% | 12.64% | 34.71% |
| 5 | APP AppLovin Corporation NDXSPXAI | 613.09 | 53.17 | $205.96B | - | 70.20% | - | 24.84% | 609.87% |
| 6 | TMUS T-Mobile US, Inc. NDXSPX | 187.53 | 19.93 | $202.95B | 2.18% | 9.27% | 18.02% | 3.53% | 61.90% |
| 7 | VZ Verizon Communications Inc. SPX | 47.81 | 11.66 | $199.63B | 5.92% | 8.59% | 17.20% | 0.33% | -6.86% |
| 8 | DIS The Walt Disney Company SPX | 101.83 | 16.29 | $176.83B | 1.47% | 8.46% | 11.01% | 4.51% | 58.00% |
| 9 | T AT&T Inc. SPX | 24.80 | 8.16 | $172.32B | 4.48% | 9.23% | 18.37% | 1.34% | 119.18% |
Quarterly Results
Figures in USD.
| Metric | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40.60M | 39.23M | - | - | 45.30M | 46.44M | 45.27M | 52.24M | 51.66M |
| Cost of Revenue | - | - | - | - | 25.84M | 28.80M | 29.31M | 30.88M | 31.73M |
| Gross Profit | 20.30M | 16.72M | - | - | 19.46M | 17.64M | 15.96M | 21.36M | 19.93M |
| Operating Expenses | - | - | - | - | 31.03M | 94.05M | 23.16M | 26.04M | 24.40M |
| Operating Income | -50.84M | -4.75M | - | - | -11.57M | -76.41M | -7.20M | -4.68M | -4.47M |
| EBITDA | - | - | - | - | -15.68M | -73.70M | -2.44M | -1.33M | -661.69K |
| Interest Expense | - | - | - | - | 6.05K | 7.46K | 5.46K | 4.20K | 2.95K |
| Pretax Income | - | - | - | - | -17.23M | -75.17M | -4.06M | -3.04M | -2.19M |
| Tax Provision | - | - | - | - | 5.00K | 9.69K | 55.74K | -70.43K | 0 |
| Net Income | -50.68M | -4.83M | - | - | -17.23M | -75.18M | -4.12M | -2.97M | -2.19M |
| Diluted EPS | -1.27 | -0.15 | -0.26 | - | -0.49 | -0.59 | -0.03 | - | -0.02 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Revenue | 135.28M | 171.02M | 189.25M |
| Cost of Revenue | 79.46M | 93.02M | 114.83M |
| Gross Profit | 55.82M | 78.00M | 74.42M |
| Operating Expenses | 76.99M | 147.80M | 174.28M |
| Operating Income | -21.17M | -69.81M | -99.85M |
| EBITDA | -38.05M | -65.91M | -93.14M |
| Interest Expense | 39.46K | 91.54K | 23.17K |
| Pretax Income | -41.76M | -72.17M | -99.50M |
| Tax Provision | 18.55K | 0 | 0 |
| Net Income | -41.78M | -72.17M | -99.50M |
| Diluted EPS | -1.06 | -0.62 | - |
Compounded Sales Growth
| 5 Years: | 18.28% |
| 1 Year: | 14.00% |
Compounded Profit Growth
| 5 Years: | -69.08% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -53.52% |
| 6 Months: | +1.79% |
| 3 Months: | +43.03% |
| 1 Month: | +45.97% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Total Assets | 71.61M | 146.07M | 239.84M |
| Current Assets | 35.42M | 121.35M | 195.46M |
| Cash & Equivalents | 6.04M | 24.05M | 20.43M |
| Inventory | 3.83M | 1.79M | 2.03M |
| Receivables | 21.97M | 28.27M | 33.41M |
| Total Liabilities | 95.19M | 155.14M | 133.79M |
| Current Liabilities | 51.85M | 122.65M | 81.28M |
| Long Term Debt | - | - | - |
| Total Debt | 12.41M | 8.27M | 9.36M |
| Total Equity | -23.58M | -9.07M | 106.05M |
| Shares Outstanding | 128.41M | 128.41M | 129.13M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating Cash Flow | -3.83M | -48.69M | -104.45M |
| Investing Cash Flow | 5.40M | -58.43M | -53.12M |
| Financing Cash Flow | 427.44K | 125.13M | 153.96M |
| Capital Expenditure | -916.99K | -996.29K | -2.65M |
| Free Cash Flow | -4.75M | -49.68M | -107.11M |
| Net Change in Cash | 1.99M | 18.02M | -3.62M |
| Dividends Paid | - | 0 | 915.07K |
Ratios (Annual)
Figures in %.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Gross Margin % | 41.3% | 45.6% | 39.3% |
| Operating Margin % | -15.6% | -40.8% | -52.8% |
| Net Margin % | -30.9% | -42.2% | -52.6% |
| ROE % | 177.1% | 796.0% | -93.8% |
| ROCE % | -107.1% | -298.0% | -63.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Greenwich Wealth Management Llc | 25.35% | 22.80M | $193.99M |
| 2 | Blackrock Inc. | 2.81% | 2.53M | $21.53M |
| 3 | Goldman Sachs Group Inc | 1.11% | 998.57K | $8.50M |
| 4 | State Street Corporation | 0.75% | 678.29K | $5.77M |
| 5 | Geode Capital Management, LLC | 0.65% | 586.94K | $4.99M |
| 6 | AQR Capital Management, LLC | 0.48% | 432.09K | $3.68M |
| 7 | BNP Paribas Financial Markets | 0.33% | 297.93K | $2.54M |
| 8 | Vanguard Portfolio Management LLC | 0.30% | 272.96K | $2.32M |
| 9 | LPL Financial LLC | 0.28% | 252.71K | $2.15M |
| 10 | Northern Trust Corporation | 0.28% | 251.60K | $2.14M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NMAX