---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-109986"
form_type: "8-K"
ticker: "NMAX"
cik: "0002026478"
company_name: "Newsmax Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:39:41.936201+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Newsmax Q3 revenue $45.3M (+4% YoY); net loss narrows; FY guidance reaffirmed

## Summary
- Revenue $45.3M, +4% YoY; broadcast revenue $36.6M, +10.1% YoY.
- Net loss $(4.1)M vs $(9.8)M prior year; adjusted EBITDA $(1.8)M (decrease of $4.4M).
- Ended quarter with $130.4M cash/short-term investments; no long-term debt.
- Affiliate fees up 22.3% to $8.1M; advertising down 1.6% to $27.6M.
- Reaffirms FY2025 revenue guidance $180M-$190M.

## SEC filing metadata
- accession: 0001213900-25-109986
- form_type: 8-K
- ticker: NMAX
- cik: 0002026478
- company_name: Newsmax Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2026478/000121390025109986/0001213900-25-109986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2026478/000121390025109986/ea0265466-8k_newsmax.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-109986
- JSON: https://secwatch.observer/filing/0001213900-25-109986.json
- Plain text: https://secwatch.observer/filing/0001213900-25-109986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.