Newsmax Q3 2026 Results Overview
Newsmax Inc. (NYSE:NMAX) announced its third‑quarter 2026 results, sending the shares up 14% in after‑hours trading. The company posted revenue of $69.0 million for the quarter ended 30 September, representing a 52.5% year‑on‑year increase from $45.3 million in the comparable period. The headline figure includes a $14.0 million non‑recurring service‑revenue termination payment; excluding this one‑time item, revenue was $55.0 million, up 21.6% YoY and ahead of the $49.8 million consensus estimate. Affiliate fee revenue surged 77.4% to $14.3 million, licensing revenue jumped 291.0% to $4.7 million, and broadcasting advertising revenue rose modestly 3.1% to $24.3 million. Adjusted earnings per share were $0.12, beating the analyst estimate of –$0.02 by $0.14, while net income turned to $15.2 million, or $0.12 per share, compared with a net loss of $4.1 million, or –$0.03 per share, a year earlier. Adjusted EBITDA reached $19.0 million versus a loss of $0.9 million in the prior‑year quarter; on a comparable basis excluding the one‑time payment, adjusted EBITDA was $5.0 million. The balance sheet showed cash and short‑term investments of $137.6 million and no debt at quarter‑end. Chief Executive Officer Christopher Ruddy said the quarter was the strongest in the company’s public‑company history and highlighted the fastest revenue growth since listing and a second consecutive profitable quarter. Newsmax reaffirmed its full‑year 2026 revenue guidance of $212 million to $216 million, excluding the one‑time item, representing 13% YoY growth at the midpoint of $214 million, and expects total revenue of $226 million to $230 million when the $14 million payment is included.