Newsmax (NYSE: NMAX) reported Q3 2025 revenues of $45.3 million, up 4 percent year-over-year, as diversified growth across broadcasting, affiliate fees and global distribution offset typical non-election-year advertising softness. The company expanded its reach through new hospitality and Taxi TV distribution deals, international rollout via Truth+, extended partnerships with Fubo, enhanced newsroom monetization through Veritone’s AI platform and strategic crypto initiatives, while adding industry veteran David Gandler to its Board. Broadcasting revenues rose 10.1 percent to $36.6 million, affiliate revenues increased 22.3 percent to $8.1 million and the quarterly net loss narrowed to $4.1 million from $9.8 million. Management said the company remains on track to achieve its full-year 2025 revenue guidance of $180 million to $190 million.

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About Newsmax

Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation’s leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major cable stations, as well as a major satellite system. Newsmax’s media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax “a news powerhouse.”

For more information about the company, please visit https://ir.newsmax.com/overview/default.aspx

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