Newsmax Q1 revenue rises on strength in broadcasting segment, miantains 2026 revenue forecast

Newsmax

14/05/2026 21:20

Overview

US news broadcaster's Q1 revenue rose 14% yr/yr, driven by affiliate fees and licensing

Company's Q1 net loss narrowed to $2.2 mln from $17.2 mln a year earlier

Newsmax reaffirmed 2026 revenue guidance, projecting 13% growth at midpoint

Outlook

Newsmax reaffirms 2026 revenue guidance of $212 mln to $216 mln, up 13% at midpoint

Company expects continued investment in content and distribution to drive long-term growth

Newsmax says evolving media landscape presents opportunities to expand reach and strengthen monetization

Result Drivers

AFFILIATE FEES - Revenue growth was primarily driven by a 75% increase in affiliate fee revenue, attributed to new contractual relationships

LICENSING - Expanded international licensing agreements contributed to higher broadcasting revenue

HIGHER PRODUCTION AND PROGRAMMING COSTS - Net loss narrowed but was partially offset by increased production headcount, programming and production costs, and continued investment in OTT initiatives

Company press release: ID:nACSb81F5a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$51.65 mln
$48.94 mln (2 Analysts)
Q1 EPS
-$0.02
Q1 Net Income
-$2.20 mln
Q1 Adjusted EBITDA
-$400,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the broadcasting peer group is "buy"

Wall Street's median 12-month price target for Newsmax Inc is $18.50, about 171.7% above its May 13 closing price of $6.81

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)