Newsmax Inc. reported third-quarter revenue of $69 million, up 52.5% from a year earlier, including a one-time $14 million payment tied to ending an advertising purchase agreement, while keeping its 2026 revenue forecast unchanged.
The broadcasting segment brought in $60.7 million, a 65.9% increase from the year-earlier quarter. Without the agreement-related payment, the segment recorded $46.7 million, up 27.6%. Newsmax cited new affiliate contracts, higher rates and expanded international licensing as contributors.
Across the company, revenue excluding the payment totaled a record $55 million, 21.6% higher than a year earlier. The $14 million payment was nonrecurring and connected to the termination of an advertising purchase agreement.
Net income reached $15.2 million, compared with a $4.1 million loss in the same quarter a year earlier. Newsmax said the improvement mainly reflected higher revenue, increased affiliate fees and licensing income, and lower legal expenses. Continued spending on programming and production partly offset those gains.
Chief Executive Christopher Ruddy said audience engagement rose during the U.S. midterm campaign, calling the increase “an early indicator of what is ahead.”
The company maintained its 2026 revenue outlook at $212 million to $216 million excluding the payment, or $226 million to $230 million including it.
