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NMAX Newsmax Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-13, not restated
Communication Svcs

Scale

Market cap
$1.4bn
Revenue TTM
$203m
Net income TTM
$-6m
Free cash flow
$-72m
Composite score
34.9
Sector rank
#1831

Valuation

P / E
EV / EBITDA
EV / sales
6.8
FCF yield
-5.08%
Earnings yield vs 10-yr
-5.18pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-3.1%
EBITDA margin
-4.3%
ROE
-5.7%
ROIC
-17.2%
Revenue growth
11.1%

Insider activity, last 90 days

Net open-market
$-0.36m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Revenues are up 17% and 15% comparing the three and six months ended June 30, 2026, respectively compared to the same period in 2025. Affiliate fee revenues increased by $6.0 million due to new contractual relationships as well as rate increases which took effect in late 2025 and 2026. Licensing revenue increased by $3.9 million due to an amendment of one of our licensing agreements that increased the rate and duration of the arrangement in February 2026. Advertising revenue decreased by $(1.1) million due to reductions in digital advertising revenue and a decline in linear cable and satellite advertising, as the same quarter last year benefited from election-related demand. …Newsmax Inc., 10-Q, period ended 2026-06-30, filed 2026-08-13

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