NMAX at a glance
Newsmax Inc. (NMAX, SEC CIK 2026478) filed its latest 10-K annual report on March 26, 2026, a 10-Q quarterly report on August 13, 2026, an 8-K current report on August 13, 2026 and Form 4 insider filings as recently as September 29, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Newsmax Inc. (NMAX) reported revenue of $189.3 million (up 10.7% from FY2024) and a net loss of $99.5 million. Diluted EPS was -$0.96.
- As of June 30, 2026, 24 institutional investment managers tracked by SignalX reported holding Newsmax Inc. (NMAX) shares worth $74.8 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by CONYERS INVESTMENTS LLC on September 25, 2026 of 2,191 shares at $11.05 per share.
- In the last 90 days, NMAX insiders reported 0 open-market purchases ($0) and 13 open-market sales ($6.2M) on Form 4, a net sale of $6.2M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $189.3M
- +10.7% vs prior year
- Insiders · 90 days
- 0 buys · 13 sells
- Net −$6.2M
- 13F holders
- 24 funds
- $74.8M · +4 vs prior quarter
- Latest 8-K
- Aug 13, 2026
- Item 2.02 · Item 7.01
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $54.1M, up 16.5% YoY from $46.4M
- Gross margin 43.1% vs 38.0% YoY
- Broadcasting strongest segment: revenue $45.8M, up 20.5%; Adjusted EBITDA $8.1M vs $1.6M
- Digital weakest segment: revenue $8.3M, down 1.3%; Adjusted EBITDA loss $2.4M
- Cash $25.9M plus investments $102.4M; operating cash use $2.8M vs $38.9M YoY; $20.0M settlement installment due January 15, 2027
Risk Factors
- Newly added filing-status risk: anticipated transition to accelerated filer for December 31, 2026 10-K, triggered by June 30, 2026 public float
- Most material update: shorter filing deadlines and expanded disclosures, requiring accelerated close, consolidation, review, and certification processes
- Compliance risk: increased internal-control obligations, including additional testing, documented procedures, and expanded management monitoring
- Operational risk: added reporting demands may divert management attention and strain accounting, finance, legal, IT, and audit resources
- Financial risk: anticipated transition expected to increase recruitment, systems, advisory, and audit-related expenses beyond expectations
AI summary of the NMAX 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Results cover three and six months ended June 30, 2026
- Press release furnished as Exhibit 99.1 contains the operating results and financial details
Item 7.01: Regulation FD Disclosure
- Management presentation materials available for investor communications starting August 13, 2026
- Exhibit 99.2 contains the substantive investor information and should be reviewed alongside SEC filings
Item 5.07: Submission of Matters to a Vote of Security Holders
- Annual meeting quorum: 85,626,759 shares represented, equal to 90.97% of voting-eligible common stock
- All seven director nominees elected through 2027, with 400.8–402.2 million votes supporting each nominee
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 results covered the three months ended March 31, 2026
- Press release furnished as Exhibit 99.1 contains the detailed operating results
Item 7.01: Regulation FD Disclosure
- Management presentation materials available for use beginning May 14, 2026
- Exhibit 99.2 contains investor-facing company information relevant to evaluating Newsmax’s outlook
AI summaries of NMAX 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for NMAX
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| CONYERS INVESTMENTS LLC | Sell | Sep 25, 2026 | 2,191 | $11.05 |
| CONYERS INVESTMENTS LLC | Sell | Sep 24, 2026 | 441 | $11.02 |
| CONYERS INVESTMENTS LLC | Sell | Sep 23, 2026 | 350 | $11.03 |
| CONYERS INVESTMENTS LLC | Sell | Sep 22, 2026 | 22,000 | $11.07 |
| CONYERS INVESTMENTS LLC | Sell | Sep 21, 2026 | 14,251 | $11.02 |
| CONYERS INVESTMENTS LLC | Sell | Sep 15, 2026 | 49,588 | $11.15 |
| CONYERS INVESTMENTS LLC | Sell | Sep 14, 2026 | 282,063 | $11.55 |
| CONYERS INVESTMENTS LLC | Sell | Sep 11, 2026 | 288.5 | $11.70 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $171.0M | $189.3M |
| Gross Profit | - | $78.0M | $74.4M |
| Operating Income | - | -$69.8M | -$99.9M |
| Net Income | - | -$72.2M | -$99.5M |
| Gross Margin | - | 45.6% | 39.3% |
| Op. Margin | - | -40.8% | -52.8% |
| Net Margin | - | -42.2% | -52.6% |
| Balance Sheet | |||
| Total Assets | - | $146.1M | $239.8M |
| Equity | -$149.6M | -$137.6M | $106.0M |
| ROE | - | 52.4% | -93.8% |
| Per Share | |||
| EPS | - | $-1.95 | $-0.96 |
| Cash Flow | |||
| Operating CF | - | -$48.7M | -$104.5M |
| CapEx | - | $996K | $2.7M |
Source: XBRL data in Newsmax Inc. (NMAX)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate NMAX share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 24 | $74.8M |
| Q1 2026 | 20 | $30.8M |
| Q4 2025 | 21 | $38.3M |
| Q3 2025 | 17 | $21.3M |
| Q2 2025 | 18 | $21.6M |
| Q1 2025 | 4 | $537,000 |
- AQR Capital Management+910.3K (+211%)
- BlackRock+290.5K (+11%)
- Vanguard Portfolio Management LLC+214.7K (+79%)
- Citadel Advisors LLC+201.5K (+123%)
- State Street Corp+97.1K (+14%)
- Goldman Sachs Group−449.3K (-45%)
- Invesco Ltd−41.4K (-61%)
- Raymond James Financial−14.8K (-17%)
- Bank of America Corp−12.6K (-20%)
- BNY Mellon−12.4K (-11%)
- Vanguard Capital Management LLC+1.46M
- Millennium Management+306.9K
- M&T Bank+13.7K
- NICOLET BANKSHARES INC+10.3K
Source: 13F-HR filings on SEC EDGAR (aggregated from 104 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
NMAX filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 29, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Aug 31, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 8-K | Aug 13, 2026 | - | Analysis | - |
| 10-Q | Aug 13, 2026 | Jun 30, 2026 | Analysis | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 8-K | May 20, 2026 | - | Analysis | |
| 10-Q | May 14, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 14, 2026 | - | Analysis | |
| 4 | May 1, 2026 | - | - | - |
| 10-K | Mar 26, 2026 | Dec 31, 2025 | - | |
| 8-K | Mar 26, 2026 | - | - | - |
| 8-K | Mar 23, 2026 | - | - | - |
| 10-Q | Nov 13, 2025 | Sep 30, 2025 | Analysis |
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NMAX SEC filings: frequently asked questions
Are NMAX insiders buying or selling?
In the last 90 days, Newsmax Inc. (NMAX) officers, directors and 10% owners reported no open-market purchases and 13 open-market sales worth $6.2 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold NMAX stock?
As of June 30, 2026, the largest Newsmax Inc. (NMAX) holders among the 13F filers tracked by SignalX were BlackRock ($23.4 million), Vanguard Capital Management LLC ($12.1 million), AQR Capital Management ($11.1 million), State Street Corp ($6.4 million), Goldman Sachs Group ($4.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was NMAX's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Newsmax Inc. (NMAX) reported revenue of $189.3 million (up 10.7% from FY2024) and a net loss of $99.5 million. Diluted EPS was -$0.96. The figures come from the XBRL data in the 10-K.
What did NMAX report in its latest 8-K?
Newsmax Inc. (NMAX) filed an 8-K on August 13, 2026 reporting Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). Results cover three and six months ended June 30, 2026.
What are the latest NMAX SEC filings?
Newsmax Inc. (NMAX) filed its latest 10-K annual report on March 26, 2026, a 10-Q quarterly report on August 13, 2026, an 8-K current report on August 13, 2026 and a Form 4 insider filing on September 29, 2026.
What is NMAX's SEC CIK number?
Newsmax Inc. (NMAX)'s SEC Central Index Key (CIK) is 2026478. EDGAR lists every NMAX filing under that number.
Ask anything about NMAX
The research agent reads NMAX's filings, financials, insider trades and 13F holders, then answers with sources.