2 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.7% per year over the past 1 years.
Operating margin has contracted, at -52.8% in the latest year.
Financial health
Operating income covered interest expense -4310.2× in the latest year, down from -762.6× 1 years ago.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Shareholder returns
Dividends have been paid for 1 consecutive year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$189M
-$99M
39.3%
-52.8%
-$107M
—
$20M
2024
$171M
-$72M
45.6%
-40.8%
-$50M
—
$24M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$52M
-$2M
38.6%
-8.7%
-$3M
—
$17M
Dec '25
$52M
-$3M
40.9%
-9.0%
$2M
—
$20M
Sep '25
$45M
-$4M
35.3%
-15.9%
-$69M
—
$14M
Jun '25
$46M
-$75M
38.0%
-164.5%
-$24M
—
$34M
Mar '25
$45M
-$17M
43.0%
-25.5%
-$16M
—
$127M
Dec '24
$48M
-$7M
47.4%
-11.4%
-$28M
—
$24M
Sep '24
$44M
-$10M
45.4%
-20.2%
-$14M
—
—
Jun '24
$39M
-$5M
42.6%
-12.1%
-$4M
—
—
Mar '24
$41M
-$51M
50.0%
-125.2%
-$3M
—
—
Valuation over time
How the market has priced NMAX against its own fundamentals since 2025-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 73.3× (Mar '25) to 4.5× (Jun '26).
The dividend yield has risen from 0.1% (Dec '25) to 0.1% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is NMAX growing its revenue and profit?
Over the past 1 years, Newsmax Inc.'s revenue has grown 10.7% per year. These are computed facts, not advice.
How much debt does NMAX have?
As of FY2025, Newsmax Inc. reported — of total debt against $20M of cash; operating income covered interest expense -4310.2×.
What is NMAX's profit margin?
In FY2025, gross margin was 39.3%, operating margin -52.8%, and net margin -52.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.