Newsmax Reports Q3 2025 Growth Driven by Expanded Distribution and Strong Broadcasting Performance

Newsmax Inc. (NYSE: NMAX) reported third quarter 2025 revenues of $45.3 million, representing a 4 percent increase compared to the same period last year. The company's diversified growth strategy successfully offset typical non-election-year advertising softness through expansion across multiple revenue streams including broadcasting, affiliate fees and global distribution. Broadcasting revenues showed particularly strong performance, rising 10.1 percent to $36.6 million, while affiliate revenues increased 22.3 percent to $8.1 million during the quarter.

The company's growth was supported by strategic expansion initiatives including new hospitality and Taxi TV distribution deals that extended Newsmax's reach into additional markets. International expansion through the Truth+ platform and enhanced partnerships with streaming service Fubo contributed to the positive results. Newsmax also implemented advanced newsroom monetization through Veritone's AI platform and pursued strategic cryptocurrency initiatives as part of its broader digital transformation strategy.

Financial performance showed significant improvement with the quarterly net loss narrowing to $4.1 million from $9.8 million in the comparable period. This improvement reflects the company's successful cost management and revenue diversification efforts. Management confirmed that Newsmax remains on track to achieve its full-year 2025 revenue guidance of $180 million to $190 million, indicating confidence in the company's strategic direction and operational execution.

Corporate governance was strengthened with the addition of industry veteran David Gandler to the Board of Directors, bringing additional media and business expertise to guide the company's continued growth. The company's performance demonstrates resilience in a challenging media landscape, particularly given the cyclical nature of political advertising revenues that typically decline during non-election years. Newsmax's ability to grow despite these headwinds suggests successful execution of its diversification strategy across multiple distribution channels and revenue sources.

For comprehensive financial details and additional corporate information, investors can access the complete report through the company's investor relations portal at https://ir.newsmax.com. The quarterly results position Newsmax favorably within the competitive media landscape as the company continues to expand its audience reach and monetization capabilities through both traditional and emerging distribution platforms.