Newsmax Inc. ($NMAX) reported third-quarter 2026 revenue of $69.0 million, up 52.5% from a year earlier and well ahead of analyst expectations of $50.8 million. Gross profit climbed to $38.2 million, reflecting a sharp improvement in profitability at the top line.
The company posted operating profit of $14.3 million, while net income attributable to common shareholders came in at $15.2 million. Diluted earnings per share were $0.12, compared with the estimate for a loss of $0.01 per share.
Cash generation also remained positive, with operating cash flow of $10.4 million. Newsmax ended the period with $26.7 million in cash and cash equivalents, and total liabilities stood at $104.5 million.
- Revenue: $69.0 million
- Gross profit: $38.2 million
- Net income: $15.2 million
- Diluted EPS: $0.12
- Cash and cash equivalents: $26.7 million
The stock rose 12.89% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Newsmax Inc. Insider Trading Activity
Newsmax Inc. insiders have traded $NMAX stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $NMAX stock by insiders over the last 6 months:
- INVESTMENTS LLC CONYERS has made 0 purchases and 13 sales selling 544,486 shares for an estimated $6,161,431.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Newsmax Inc. Hedge Fund Activity
We have seen 99 institutional investors add shares of Newsmax Inc. stock to their portfolio, and 78 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 910,270 shares (+210.7%) to their portfolio in Q2 2026, for an estimated $7,537,035
- GREENWICH WEALTH MANAGEMENT LLC removed 832,695 shares (-3.7%) from their portfolio in Q3 2026, for an estimated $9,001,432
- GEODE CAPITAL MANAGEMENT, LLC added 552,782 shares (+86.4%) to their portfolio in Q3 2026, for an estimated $5,975,573
- GOLDMAN SACHS GROUP INC removed 449,339 shares (-45.0%) from their portfolio in Q2 2026, for an estimated $3,720,526
- UBS GROUP AG added 397,530 shares (+371.3%) to their portfolio in Q3 2026, for an estimated $4,297,299
- HRT FINANCIAL LP added 394,748 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,268,513
- MILLENNIUM MANAGEMENT LLC added 306,914 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,541,247
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
