Newsmax Maintains 2026 Underlying Revenue Guidance at $212M to $216M

Newsmax Inc. (NMAX) maintained its underlying 2026 revenue guidance at $212 million to $216 million, excluding a nonrecurring $14 million item, while projecting a $25 million annualized licensing pace in 2027.

For the third quarter, revenue rose 21.6% to a record $55 million after excluding a one-time item. Adjusted EBITDA was $5 million. CEO Christopher Ruddy called it “the strongest in our history as a public company.”

Management attributed growth to affiliate fee repricing and licensing expansion. Digital revenue declined 4.1%, and the company said streaming requires investment in programming, talent and content.