# Newsmax Inc.: overview NMAX · NYSE · CIK 2026478 · [Communication](/sectors/communication.md) Pages: [Overview](/companies/nmax.md) · [Financials](/companies/nmax/financials.md) · [Filings](/companies/nmax/filings.md) · [Insiders](/companies/nmax/insiders.md) Latest reported revenue: [$54.1m](/filings/0002026478-26-000061.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 13, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0002026478-26-000061). ## Last eight quarters | Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [43.5](/filings/0002026478-25-000042.md) | [47.7 d](/filings/0002026478-26-000026.md) | [45.3](/filings/0002026478-26-000048.md) | [46.4](/filings/0002026478-26-000061.md) | [45.3](/filings/0002026478-25-000042.md) | [52.2 d](/filings/0002026478-26-000026.md) | [51.7](/filings/0002026478-26-000048.md) | [54.1](/filings/0002026478-26-000061.md) | | Gross margin | % | [45.4%](/filings/0002026478-25-000042.md) | [47.4% d](/filings/0002026478-26-000026.md) | [43.0%](/filings/0002026478-26-000048.md) | [38.0%](/filings/0002026478-26-000061.md) | [35.3%](/filings/0002026478-25-000042.md) | [40.9% d](/filings/0002026478-26-000026.md) | [38.6%](/filings/0002026478-26-000048.md) | [43.1%](/filings/0002026478-26-000061.md) | | Operating margin | % | [(20.2%)](/filings/0002026478-25-000042.md) | [(11.4%) d](/filings/0002026478-26-000026.md) | [(25.5%)](/filings/0002026478-26-000048.md) | [(164.5%)](/filings/0002026478-26-000061.md) | [(15.9%)](/filings/0002026478-25-000042.md) | [(9.0%) d](/filings/0002026478-26-000026.md) | [(8.7%)](/filings/0002026478-26-000048.md) | [2.4%](/filings/0002026478-26-000061.md) | | Net margin | % | [(22.5%)](/filings/0002026478-25-000042.md) | [(14.4%) d](/filings/0002026478-26-000026.md) | [(38.0%)](/filings/0002026478-26-000048.md) | [(161.9%)](/filings/0002026478-26-000061.md) | [(9.1%)](/filings/0002026478-25-000042.md) | [(5.7%) d](/filings/0002026478-26-000026.md) | [(4.2%)](/filings/0002026478-26-000048.md) | [5.3%](/filings/0002026478-26-000061.md) | | Diluted EPS | $ per share | [(0.29)](/filings/0002026478-25-000042.md) | not reported | [(0.49)](/filings/0002026478-26-000048.md) | [(0.59)](/filings/0002026478-26-000061.md) | [(0.03)](/filings/0002026478-25-000042.md) | not reported | [(0.02)](/filings/0002026478-26-000048.md) | [0.02](/filings/0002026478-26-000061.md) | | Free cash flow | $m | [(14.0) d](/filings/0002026478-25-000042.md) | [(28.0) d](/filings/0002026478-26-000026.md) | [(15.8)](/filings/0002026478-26-000048.md) | [(23.9) d](/filings/0002026478-26-000061.md) | [(69.2) d](/filings/0002026478-25-000042.md) | [1.8 d](/filings/0002026478-26-000026.md) | [(2.9)](/filings/0002026478-26-000048.md) | [(1.3) d](/filings/0002026478-26-000061.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | | Revenue | $m | [171](/filings/0002026478-26-000026.md) | [189](/filings/0002026478-26-000026.md) | | Gross margin | % | [45.6%](/filings/0002026478-26-000026.md) | [39.3%](/filings/0002026478-26-000026.md) | | Operating margin | % | [(40.8%)](/filings/0002026478-26-000026.md) | [(52.8%)](/filings/0002026478-26-000026.md) | | Net margin | % | [(42.2%)](/filings/0002026478-26-000026.md) | [(52.6%)](/filings/0002026478-26-000026.md) | | Diluted EPS | $ per share | [(1.95)](/filings/0002026478-26-000026.md) | [(0.96)](/filings/0002026478-26-000026.md) | | Free cash flow | $m | [(49.7)](/filings/0002026478-26-000026.md) | [(107)](/filings/0002026478-26-000026.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nmax/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $23.4m | 2,820,412 | | Added +290,463 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $12.1m | 1,464,021 | | New +1,464,021 | | [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $11.1m | 1,342,361 | | Added +910,270 | | [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $6.4m | 775,355 | | Added +97,064 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $5.3m | 640,104 | | Added +53,165 | | [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $4.5m | 549,227 | | Reduced −449,339 | | [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $4.0m | 487,692 | | Added +214,730 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $3.7m | 441,000 | Call | Added +386,500 | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $3.0m | 365,833 | | Added +201,480 | | [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $2.5m | 306,914 | | New +306,914 | ## Recent filings [All 99 filings](/companies/nmax/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-13 | 16:21 ET | [10-Q](/filings/0002026478-26-000061.md) | Quarterly report, period 2026-06-30 | 0002026478-26-000061 | | 2026-08-13 | 16:06 ET | [8-K](/filings/0002026478-26-000060.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002026478-26-000060 | | 2026-05-20 | 16:39 ET | [8-K](/filings/0002026478-26-000056.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0002026478-26-000056 | | 2026-05-14 | 16:31 ET | [10-Q](/filings/0002026478-26-000048.md) | Quarterly report, period 2026-03-31 | 0002026478-26-000048 | | 2026-05-14 | 16:06 ET | [8-K](/filings/0002026478-26-000046.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002026478-26-000046 | | 2026-03-27 | 16:06 ET | [DEF 14A](/filings/0002026478-26-000033.md) | Proxy statement, period 2025-12-31 | 0002026478-26-000033 | | 2026-03-26 | 17:00 ET | [10-K](/filings/0002026478-26-000026.md) | Annual report, period 2025-12-31 | 0002026478-26-000026 | | 2026-03-26 | 16:06 ET | [8-K](/filings/0002026478-26-000024.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002026478-26-000024 | | 2026-03-23 | 17:05 ET | [8-K](/filings/0002026478-26-000012.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002026478-26-000012 | | 2025-11-13 | 16:08 ET | [10-Q](/filings/0002026478-25-000042.md) | Quarterly report, period 2025-09-30 | 0002026478-25-000042 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0002026478-26-000026.md), filed Mar 26, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/3e555526-2add-4ddf-a5c8-7baaf20e6e89) ## About the filer - CIK: 2026478 - Tickers: NMAX - Exchange: NYSE - SIC code: 4833 Television Broadcasting Stations - State of incorporation: FL - Filer category: Non-accelerated filer
Emerging growth company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.