Filing Flows › Newsmax (NMAX) › Q2 2026
Newsmax (NMAX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Newsmax (NMAX) reported revenue of $54.1M for the second quarter 2026 (Q2 2026), +17% from a year earlier and +5% from the quarter before. Operating margin was 2.4%, net earnings $2.9M (5.3% of revenue).
Newsmax, Q2 2026: revenue $54.1M (+16% year over year), operating margin 2.4%, net earnings $2.9M, operating cash flow −$124K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.1M | +5% | +17% |
| Gross profit | $23.3M | +17% | +32% |
| Operating profit | $1.3M | — | — |
| Net earnings | $2.9M | — | — |
| Operating cash flow | −$124K | — | — |
What changed
Revenue was $54.1M in Q2 2026, up 17% year over year and up 5% from the previous quarter. Advertising was the largest line at 53% of revenue. Affiliate fee added $6.0M year over year (up 82%), 78% of the total change. Books, Media and Other Product Sales declined 73%.
Gross margin was 43.1%, up 5.1 points from Q2 2025. Operating profit was $1.3M, a 2.4% margin (up 166.9 points year over year). Operating expenses fell 77% while revenue rose 17%. Net earnings were $2.9M. The effective tax rate was 0.0%. Non-operating items added $1.6M, 54% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$124K. Non-cash charges added back $1.5M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $7.8M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$1.3M.
Questions
What was Newsmax's revenue in the second quarter 2026?
Newsmax (NMAX) reported revenue of $54.1M for the second quarter 2026 (Q2 2026), +17% from a year earlier and +5% from the quarter before.
Was Newsmax profitable in the second quarter 2026?
Operating profit was $1.3M (2.4% of revenue) and net earnings $2.9M.
Source: Newsmax 10-Q on SEC EDGAR.