Q1 2026 Newsmax Inc Earnings Call Transcript

May 14, 2026 / 08:30 PM GMT

Release Date Price: $6.92 (+1.62%)

Transcript 10-Q8-K

Key Points

Positve

Newsmax Inc (NMAX) reported a 14% year-over-year increase in total revenue, reaching $51.7 million.
Broadcast revenue grew by over 20%, driven by affiliate fee and licensing growth.
The company maintained strong audience engagement, ranking as the fourth highest-rated cable news channel.
Newsmax 2, the free streaming platform, saw a 22% growth in NewsHours and improved viewership across key dayparts.
International expansion efforts are gaining momentum, with new licensing agreements and the launch of Newsmax Poland.

Negative

Digital revenues declined by 12.7% year-over-year, primarily due to decreases in advertising, subscription revenue, and product sales.
Advertising revenues decreased by 5.8% year-over-year, reflecting a tougher comparison following the 2024 election cycle.
Subscription revenues fell by 7.9% year-over-year, with growth in Newsmax+ subscribers offset by lower publication subscription revenue.
The company reported a quarterly net loss of $2.2 million, despite an improvement from the previous year's loss.
Adjusted EBITDA was negative $0.4 million, reflecting higher production, programming, and personnel costs.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NMAX.N - Newsmax Inc
Q1 2026 Newsmax Inc Earnings Call
May 14, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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And good day everyone, and welcome to Newsmax First Quarter 2026 Earnings Conference Call.

At this time, all participants are placed on a listen-only mode, and we'll open the floor for your questions and comments after the presentation.

It is now my pleasure to hand the floor over to your host, Chris O'Day. Sir, the floor is yours.

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Unidentified_2 [2]
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Good afternoon, and welcome to Newsmax's first quarter 2026 earnings conference call. I'm joined today by Chris Ruddy, Chief Executive Officer, and Darrell Burnham, Chief Financial Officer. On this call,

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