Stocks›Communication Services›NMAX

NMAX Newsmax Inc.

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Newsmax Inc. operates in the Television Broadcasting Stations industry.

$8.74−6.12%

Oct 16 close · 1D EOD · Databento

Communication ServicesTelevision Broadcasting StationsSmall-capSEC EDGAR FY 2025-12-31

On the WireNo stories on NMAX yet. Follow the company and the next one lands in Following.

What happened

Daily closes · dots are Wire stories

What’s next

Expected around mid November, going by its own filing history. The company has not announced a date yet. Its matching report came Nov 13, 2025, after the close.

Last report

Aug 13, 2026+14.54%

after the close

Last 4, next close

median 5.48% either way

up 2 of 4

Every report since 2025 →Earnings calendar →

DateEventSourceNext close

Aug 13Earnings release, after the close · 8-KSEC EDGARSEC EDGAR ↗+14.54%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

20 big days in a year, and what we hold on each

A big day is a close more than 7.66% from the one before, three times NMAX’s median day (2.55%). On 0 of the 20, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±7.66%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayNMAXWhat we hold that dayGroup (median of 4) · each

1 Nov 24, 2025+15.02%
Before our storiesgroup −1.4%, did not move with it
1Nov 24, 2025+15.02%
Before our stories
−1.4% did not move with itFWONA −0.8 · NXST −1.4 · FOXA −2.1
2 Feb 5, 2026−9.13%
Before our storiesgroup −1.1%, did not move with it
2Feb 5, 2026−9.13%
Before our stories
−1.1% did not move with itFOXA −2.7 · VSNT −2.2 · FWONA −0.0 · NXST +2.1
3 Feb 12, 2026−10.17%
Before our storiesgroup −2.8%, did not move with it
3Feb 12, 2026−10.17%
Before our stories
−2.8% did not move with itFOXA −7.7 · VSNT −3.5 · NXST −2.1 · FWONA −0.4
4 Mar 2, 2026+8.74%
Before our storiesgroup −1.0%, did not move with it
4Mar 2, 2026+8.74%
Before our stories
−1.0% did not move with itFOXA +0.8 · FWONA −0.5 · NXST −1.5 · VSNT −1.7
5 Mar 4, 2026+9.08%
Before our storiesgroup +1.3%, did not move with it
5Mar 4, 2026+9.08%
Before our stories
+1.3% did not move with itVSNT +5.9 · FOXA +1.9 · NXST +0.8 · FWONA −3.3
6 Mar 30, 2026−12.24%
Before our storiesgroup +0.2%, did not move with it
6Mar 30, 2026−12.24%
Before our stories
+0.2% did not move with itNXST −13.1 · FOXA +0.0 · VSNT +0.5 · FWONA +1.4
7 Apr 8, 2026+7.92%
Before our storiesgroup +1.1%, did not move with it
7Apr 8, 2026+7.92%
Before our stories
+1.1% did not move with itFWONA +2.1 · VSNT +1.3 · FOXA +1.0 · NXST −2.8
8 Apr 15, 2026+8.39%
Before our storiesgroup +0.0%, did not move with it
8Apr 15, 2026+8.39%
Before our stories
+0.0% did not move with itNXST +1.3 · FOXA +0.4 · VSNT −0.4 · FWONA −0.6
9 Apr 22, 2026+26.92%
Before our storiesgroup +1.8%, did not move with it
9Apr 22, 2026+26.92%
Before our stories
+1.8% did not move with itNXST +2.0 · FOXA +1.9 · VSNT +1.7 · FWONA −0.0
10 Apr 23, 2026−27.38%
Before our storiesgroup −0.6%, did not move with it
10Apr 23, 2026−27.38%
Before our stories
−0.6% did not move with itNXST −2.6 · FOXA −1.6 · VSNT +0.4 · FWONA +0.5
11 Apr 30, 2026+8.06%
Before our storiesgroup +1.2%, did not move with it
11Apr 30, 2026+8.06%
Before our stories
+1.2% did not move with itNXST +2.6 · VSNT +1.4 · FWONA +1.1 · FOXA +0.9
12 May 28, 2026+12.20%
Before our storiesgroup +0.5%, did not move with it
12May 28, 2026+12.20%
Before our stories
+0.5% did not move with itFWONA +0.8 · FOXA +0.5 · NXST +0.4 · VSNT −0.2
13 Jun 4, 2026+11.80%
Before our storiesgroup −0.1%, did not move with it
13Jun 4, 2026+11.80%
Before our stories
−0.1% did not move with itFOXA +2.0 · VSNT +0.0 · NXST −0.3 · FWONA −0.7
14 Jun 22, 2026−9.38%
Nothing on NMAXgroup −1.1%, did not move with it
14Jun 22, 2026−9.38%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
−1.1% did not move with itFOXA −5.4 · FWONA −2.0 · NXST −0.1 · VSNT +0.8
15 Jun 26, 2026+12.29%
Nothing on NMAXgroup +2.4%, did not move with it
15Jun 26, 2026+12.29%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
+2.4% did not move with itNXST +6.0 · FOXA +2.5 · FWONA +2.3 · VSNT +0.8
16 Jul 1, 2026+13.16%
Nothing on NMAXgroup +2.4%, did not move with it
16Jul 1, 2026+13.16%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
+2.4% did not move with itFOXA +3.8 · FWONA +3.3 · NXST +1.6 · VSNT +1.0
17 Aug 14, 2026+14.54%
Resultsgroup +1.3%, did not move with it
17Aug 14, 2026+14.54%
ResultsFirst close after the Aug 13 results filing
+1.3% did not move with itFOXA +5.5 · VSNT +1.9 · FWONA +0.6 · NXST +0.5
18 Aug 18, 2026+10.33%
Nothing on NMAXgroup −0.2%, did not move with it
18Aug 18, 2026+10.33%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
−0.2% did not move with itVSNT +0.7 · FOXA −0.2 · FWONA −0.3 · NXST −1.2
19 Oct 1, 2026−8.70%
Nothing on NMAXgroup −2.0%, did not move with it
19Oct 1, 2026−8.70%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
−2.0% did not move with itVSNT −2.7 · FOXA −2.2 · NXST −1.8 · FWONA −1.1
20 Oct 14, 2026−7.76%
Nothing on NMAXgroup −0.4%, did not move with it
20Oct 14, 2026−7.76%
Nothing on NMAXNo NMAX story, brief or results filing in our record that day
−0.4% did not move with itFWONA −2.5 · FOXA −0.5 · VSNT −0.3 · NXST −0.2

A story on the same day is not a cause, and a group move is not proof either. Group: the median of FOXA, FWONA, NXST and VSNT that day, the largest companies in NMAX’s SEC industry; “moved with NMAX” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). NMAX reports after the close, so day 1 is the next close. Each time, day 6 ended on the same side as day 1.

Reported Nov 13, 2025

day 1−6.92%day 6−13.26%

Reported Mar 26, 2026

day 1−1.67%day 6−8.19%

Reported May 14, 2026

day 1+4.05%day 6+9.25%

Reported Aug 13, 2026

day 1+14.54%day 6+13.28%

Next report: expected mid NovemberEstimated from the dates of its last four results filings. Not announced. Since the Aug 13 report: −7.90%. Four reports is a small sample.

Every report since 2025 →

Each line is NMAX’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$946M

Revenue$189.3M+10.70%

Net income$-99.5M

EPS, diluted$-0.96+50.80%

Gross margin39.3%

Operating margin-52.8%

Return on equity-93.8%

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorCommunication Services

Market Cap$945.7M

Enterprise Value$925.3M

Income$-99.5M

Sales$189.3M

Book/sh—

Cash/sh—

Dividend TTM—

Payout-1%

Employees—

IPO—

Quick Ratio2.38

Current Ratio2.40

Debt/Eq—

EPS (ttm)$-0.96

EPS this Y50.8%

EPS past 3/5Y—

Sales past 3/5Y—

EPS Y/Y TTM50.8%

Sales Y/Y TTM10.7%

Shs Outstand—

ROA-41.5%

ROE-93.8%

ROIC-116.6%

Gross Margin39.3%

Oper. Margin-52.8%

Profit Margin-52.6%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$171.0M

FY24

$189.3M

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 2 FY · tap a row to explain it

USD	FY2024	FY2025
Revenue	$171.0M	$189.3M
Gross Profit	$78.0M	$74.4M
Operating Income	$-69.8M	$-99.9M
Net Income	$-72.2M	$-99.5M
Diluted EPS	$-1.95	$-0.96
Operating Cash Flow	$-48.7M	$-104.5M
Free Cash Flow	$-49.7M	$-107.1M

Same industry

NMAX against four same-industry peers, a year at 100

NMAX is down 21.3% in a year. Fox is up 10.5%, Sinclair is down 1.7%, Liberty Media 8.7% and Nexstar Media 13.4%. All four did more. Weekly closes, Oct 17, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.

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NMAX −21.3%. Fox +10.5%, Sinclair −1.7%, Liberty Media −8.7%, Nexstar Media −13.4%. Weekly closes, Oct 17, 2025 = 100, log scale.

Share this chart

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in NMAX’s SEC industry (Television Broadcasting Stations) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

FOXA$29.6B FWONA$22.4B NXST$5.1B VSNT$4.5B SBGI$865M EVC$575M GTN$425M SSP$237M

Build basket with NMAX Screener

Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.