Newsmax Q1 revenue $51.7M (+14% YoY); net loss narrows to $2.2M, reaffirms FY26 guidance

Newsmax Inc.

Revenue $51.7M, up 14% YoY; broadcast revenue $43.7M (+20.8%).
Net loss $(2.2)M vs $(17.2)M prior year; adjusted EBITDA $(0.4)M vs $0.4M.
Affiliate fee revenue +75% to $13.0M; licensing +697% to $3.5M.
Reaffirmed FY26 revenue guidance $212M-$216M (+13% YoY midpoint).
Cash and short-term investments $129.1M; no long-term debt.

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