Newsmax Past Earnings Performance
Past criteria checks 0/6
Newsmax's earnings have been declining at an average annual rate of -30.3%, while the Media industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 11.3% per year.
Key information
-30.27%
Earnings growth rate
44.97%
EPS growth rate
| Media Industry Growth | 13.17% |
| Revenue growth rate | 11.32% |
| Return on equity | -78.91% |
| Net Margin | -43.17% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Newsmax: The Market Is Treating This Like The Next Fox News
Summary Newsmax Inc. is rated Sell due to excessive valuation relative to its negative earnings and cash flow profile. NMAX trades at a 6.1x trailing P/S despite $99.5 million in net losses and negative free cash flow, requiring aggressive future performance. While affiliate and licensing revenues are growing, gross margins are declining, and profitability remains elusive even after adjusting for one-time costs. Balance sheet strength buys time, but the current market cap assumes a blue-sky scenario with significant execution risk and little margin for error. Read the full article on Seeking Alpha
NMAX: Higher Margin Outlook Will Drive Future Upside Despite Lowered Expectations
Analysts have trimmed their price target on Newsmax from $21.00 to $18.50, citing updated assumptions for revenue growth, profit margins, discount rates, and future P/E levels as reflected in recent research such as Noble Capital's lowered target. What's in the News for Newsmax Newsmax reiterated its revenue guidance for the full year 2026, indicating expected revenue in a range of $212 million to $216 million.The Price Is Right For Newsmax Inc. (NYSE:NMAX) Even After Diving 29%
The Newsmax Inc. ( NYSE:NMAX ) share price has fared very poorly over the last month, falling by a substantial 29%. To...What You Can Learn From Newsmax Inc.'s (NYSE:NMAX) P/S
Newsmax Inc.'s ( NYSE:NMAX ) price-to-sales (or "P/S") ratio of 6x may look like a poor investment opportunity when you...Revenue & Expenses Breakdown
How Newsmax makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 196 | -84 | 165 | 0 |
| 31 Dec 25 | 189 | -104 | 171 | 0 |
| 30 Sep 25 | 185 | -111 | 173 | 0 |
| 30 Jun 25 | 183 | -119 | 179 | 0 |
| 31 Mar 25 | 176 | -50 | 105 | 0 |
| 31 Dec 24 | 171 | -80 | 145 | 0 |
| 30 Sep 24 | 161 | -73 | 137 | 0 |
| 30 Jun 24 | 156 | -64 | 129 | 0 |
| 31 Mar 24 | 146 | -79 | 127 | 0 |
| 31 Dec 23 | 135 | -48 | 74 | 0 |
| 31 Dec 22 | 135 | -26 | 76 | 0 |
Quality Earnings: NMAX is currently unprofitable.
Growing Profit Margin: NMAX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMAX is unprofitable, and losses have increased over the past 5 years at a rate of 30.3% per year.
Accelerating Growth: Unable to compare NMAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NMAX is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (5%).
Return on Equity
High ROE: NMAX has a negative Return on Equity (-78.91%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 21:48 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Newsmax Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Forte | Maxim Group |
| Michael Kupinski | NOBLE Capital Markets, Inc. |