Welcome to our dedicated page for NEWSMAX SEC filings (Ticker: NMAX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Newsmax Inc. (NYSE: NMAX) SEC filings page on Stock Titan provides structured access to the company’s official regulatory disclosures. As a Florida-incorporated emerging growth company in the broadcasting and digital media sector, Newsmax files periodic and current reports with the U.S. Securities and Exchange Commission that detail its financial performance, governance decisions and material events.
Investors can review quarterly reports on Form 10-Q, which present service and product revenues, costs of services and products, general and administrative expenses, and net income or loss. These filings also include segment information for the Broadcasting and Digital businesses, along with management’s discussion of results. When a quarterly report cannot be filed by the original deadline, Newsmax may submit a Form 12b-25 to explain the delay and indicate its intention to file within the permitted extension period.
Newsmax also files current reports on Form 8-K to announce events such as quarterly earnings releases and board appointments. For example, the company has used Form 8-K to furnish press releases on financial results and to disclose the appointment of a new director under its omnibus equity incentive plan. These 8-K filings often include exhibits like earnings press releases and investor presentation materials.
On Stock Titan, each filing is accompanied by AI-powered summaries designed to highlight key points, such as revenue trends, segment performance, non-GAAP measures like Adjusted EBITDA, and notable changes in capital structure or governance. Users can quickly scan these summaries, then open the full EDGAR documents for deeper review. The page also surfaces insider-related filings and other relevant forms as they become available, offering a centralized view of Newsmax’s regulatory record.
Newsmax Inc. filed an initial ownership report on Form 3 for director Evans David A.R.. This filing establishes him as a reporting person for the company under SEC rules. The document does not report any stock purchases, sales, or other transactions.
Newsmax Inc. reported fiscal 2025 results after completing its IPO and conversion to a dual-class structure. Revenue grew 10.7% to $189.3 million, with Broadcasting contributing $153.3 million and Digital contributing $35.9 million. Key drivers included 17.3% growth in broadcast revenue, 14.9% growth in affiliate fees, 10.2% growth in advertising and 20.7% growth in product sales. The company ended the year with approximately $131 million in cash and short-term investments and reported no long-term debt; restricted cash fully funds a legal settlement noted in the report.
Newsmax described expanding distribution—available in over 100 countries, new agreements in France, Israel and Cyprus, the launch of Newsmax Ukraine, and domestic distribution gains including Hulu TV—and reported over 263,000 Newsmax+ subscribers and broad social reach. Management projects 2026 revenue of approximately $212–$216 million (midpoint increase ~13%). The filing lists material risks including seasonality tied to election cycles, reliance on a limited number of distributors, evolving privacy and regulatory regimes, and identified material weaknesses in internal control over financial reporting.
Newsmax Inc. is holding its 2026 Annual Meeting of Stockholders as a virtual-only webcast on May 18, 2026 at 1:00 p.m. Eastern Time. Stockholders of record on March 30, 2026 can vote.
Owners are asked to elect seven directors for one-year terms and ratify BDO USA, P.C. as independent auditor for 2026. Class A shares carry ten votes and Class B shares one vote, with all voting together as a single class. The proxy also details director and executive compensation, governance policies, audit committee oversight, and beneficial ownership, including Christopher Ruddy’s controlling stake through a revocable trust.
Newsmax Inc. reports 2025 revenue of $189.3 million, with $153.3 million from Broadcasting and $35.9 million from Digital, up from $41.8 million in 2020. The company completed a large Series B preferred private placement and a March 2025 IPO, raising significant new capital and listing Class B common stock on the NYSE under “NMAX.”
Newsmax operates a dual‑class share structure giving Class A ten votes per share and maintains a multi-platform conservative news and information business spanning cable TV, FAST/OTT streaming, radio, digital, print and nutraceutical/e‑commerce lines. Key growth drivers include expanding U.S. and international carriage, Newsmax+ streaming subscriptions, and a sizable opt‑in digital audience.
The filing highlights substantial risks: prior losses and uncertain future profitability, heavy dependence on advertising and MVPD distributors, accelerating cord‑cutting, intense competition from major news brands and digital platforms, evolving privacy and data rules, cybersecurity threats, international content licensing and piracy challenges, material weaknesses in internal control over financial reporting, dual‑class and controlled‑company governance, stock price volatility, and the speculative nature of investing in its securities.
Newsmax Inc. reported strong revenue growth but a significant loss for 2025. Full-year revenues reached $189.3 million, up 10.7% year over year, with broadcast revenues rising 17.3% to $153.3 million on higher advertising, affiliate fees and subscription revenue.
The company posted a 2025 net loss of $(99.5) million, largely due to approximately $79 million in legal settlement expenses and higher stock-based compensation and growth investments. Adjusted EBITDA was $(6.5) million, down from a prior-year profit. For the fourth quarter, revenue grew 9.6% to $52.2 million, while the net loss narrowed to $(3.0) million.
Newsmax ended 2025 with $131.3 million in cash and short‑term investments and no long-term debt, and highlighted continued audience growth, remaining the fourth highest-rated U.S. cable news channel and reaching more than 58 million total viewers. For 2026, the company guided to revenues of $212–$216 million, implying about 13% growth at the midpoint, driven mainly by affiliate fee expansion and digital monetization.
Newsmax Inc. reported that its Board of Directors appointed David Evans as a director, effective March 19, 2026, filling an existing vacancy. He was also appointed to the Audit Committee, joining members Rene Alexander Acosta and Paula J. Dobriansky.
The Board determined that Evans is independent under New York Stock Exchange rules and applicable regulations. He will receive standard non-employee director compensation under the company’s Director Compensation Policy and has signed the company’s standard director indemnification agreement. A press release dated March 23, 2026, announcing his appointment is included as an exhibit.
Newsmax Inc. reported Q3 2025 revenue of $45,272,696, up modestly year over year, and a quarterly net loss of $4,115,406. For the nine months ended September 30, 2025, revenue reached $137,014,147 while net loss widened to $96,523,552. Gross profit declined as cost of services increased, and operating expenses reflected higher personnel, advertising, and professional fees.
The balance sheet strengthened after the IPO and recapitalization: total assets were $233,331,108, investments rose to $116,175,071, and stockholders’ equity turned positive at $105,961,062 from a prior deficit. Derivative and warrant liabilities present at year-end were eliminated. The company holds $40,000,000 in escrow tied to a settlement, scheduled for two releases of $20,000,000 on or before January 15, 2026 and January 15, 2027. As of November 10, 2025, shares outstanding were 39,239,297 Class A and 89,889,822 Class B. Segment results showed Broadcasting growth offset by softness in Digital, with Broadcasting revenues at $36,609,048 and Digital at $8,663,648 in Q3.
Newsmax Inc. furnished an 8-K announcing it issued a press release with results of operations for the three months ended September 30, 2025. The press release is furnished as Exhibit 99.1 and incorporated by reference as stated.
Under Regulation FD, the company also furnished investor presentation materials as Exhibit 99.2 for use on and after November 13, 2025. The information in Items 2.02 and 7.01 and Exhibits 99.1 and 99.2 is being furnished, not filed, and is not subject to Section 18 of the Exchange Act, nor incorporated by reference except by specific reference. Newsmax’s Class B Common Stock trades on the NYSE under the symbol NMAX.
Newsmax, Inc. (NMAX) director David Gandler was granted a stock option under the issuer's 2025 Omnibus Equity Incentive Plan. The option covers 11,738 common shares with an exercise price of $14.91 per share, was granted on 08/25/2025, and expires on 08/25/2035. The option becomes exercisable on the 12-month anniversary of the grant provided the reporting person remains in service through that date.
The Form 4 was filed as a one-person filing and signed by an attorney-in-fact on 08/26/2025. The filing discloses the derivative award and the mechanics governing vesting and exercisability but contains no other compensatory terms or additional transactions.
David Gandler, a director of Newsmax Inc. (NMAX), submitted an initial Form 3 reporting an event dated 08/21/2025. The filing states that no securities are beneficially owned by the reporting person. The form was signed by David Gandler on 08/26/2025 and includes an Exhibit 24.1 power of attorney.