Newsmax Inc. reported third quarter 2025 revenues of $45.3 million, representing a 4 percent increase compared to the same period last year. The company's diversified growth strategy helped offset typical non-election-year advertising softness through expansion across multiple business segments. Broadcasting revenues showed particular strength, rising 10.1 percent to $36.6 million, while affiliate revenues increased 22.3 percent to $8.1 million.
The company's growth was driven by several strategic initiatives including expanded distribution through new hospitality and Taxi TV partnerships. Newsmax also continued its international rollout through the Truth+ platform and extended existing partnerships with streaming services such as Fubo. These distribution expansions contributed significantly to the company's ability to maintain growth momentum during a period that typically sees reduced advertising revenue for news organizations.
Newsmax has enhanced its newsroom monetization through integration with Veritone's AI platform, which helps optimize content distribution and advertising performance. The company has also pursued strategic cryptocurrency initiatives, though specific details about these programs were not disclosed in the quarterly report. Additional corporate governance developments included the appointment of industry veteran David Gandler to the company's Board of Directors.
Financial performance showed improvement beyond the top-line revenue growth, with the quarterly net loss narrowing substantially to $4.1 million from $9.8 million in the comparable period. This improvement reflects the company's ongoing efforts to optimize operations and control costs while expanding revenue streams. Management indicated that the company remains on track to achieve its full-year 2025 revenue guidance of $180 million to $190 million, suggesting confidence in the sustainability of current growth trends.
The complete financial details and management commentary are available in the official press release at https://ibn.fm/uuSxk. Newsmax operates one of the nation's leading news outlets through Newsmax Broadcasting LLC, with the Newsmax channel ranking as the fourth highest-rated network carried on all major cable stations and a major satellite system. The company's media properties reach more than 40 million Americans regularly through multiple platforms including Newsmax TV, the Newsmax App, and the popular website Newsmax.com. Additional corporate information for investors is available through the company's investor relations portal at https://ir.newsmax.com/overview/default.aspx.
