Newsmax Reports Strong First Quarter 2025 Results

Newsmax Inc. reported first-quarter 2025 revenues of $45.3 million, an 11.6% increase from the previous year, marking its first financial reporting as a public company. The CEO, Christopher Ruddy, expressed satisfaction with the company's new chapter as a listed entity on the NYSE.

Newsmax remains the fourth highest-rated cable news channel in the US, reaching 33.6 million viewers, a 50% increase year-over-year. The network also maintains its strong position in engagement among viewers aged 35-64.

Advertising revenues rose by 13.5%, driven by higher Nielsen ratings. Subscription and affiliate revenues also showed significant growth due to increased subscribers and new contracts.

Despite a reported net loss of $17.2 million, Newsmax saw a substantial reduction from the previous year's loss. The company ended the quarter with $126.7 million in cash, reflecting a significant increase.