Newsmax Reports Strong Revenue Growth Amid Legal Settlement Impact

Newsmax Inc. announced a robust 18.4% year-over-year increase in revenues, totaling $46.4 million for the second quarter of 2025. This growth was primarily fueled by broadcasting revenues which surged by 28.5% to $38.0 million. Despite these gains, Newsmax reported a net loss of $75.2 million, largely due to settling a defamation lawsuit with Dominion Voting Systems.

The company celebrated numerous achievements this quarter, expanding its reach to over 60 million U.S. homes and establishing international partnerships. Social media presence grew to 20 million followers, and the Newsmax App saw over 16 million downloads.

Newsmax remains the fourth highest-rated cable news channel, with quarterly viewer numbers surpassing 26 million. CEO Christopher Ruddy emphasized the company’s position for long-term growth supported by diverse revenue streams across subscription services and advertising.