Newsmax (NMAX) Cost of Revenue (2024 - 2026)
Newsmax's (NMAX) quarterly Cost of Revenue came in at $30.0 million in Q2 2026, up 8.1% on a YoY basis from $27.8 million in Q2 2025, and up 1.19% quarter-over-quarter from $29.7 million in Q4 2025.
Analysis
Newsmax (NMAX) Cost of Revenue (2024 - 2026) Analysis & Trends
Newsmax (NMAX) has reported Cost of Revenue for 3 consecutive years, with $30.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 8.1% year-over-year to $30.0 million; the trailing twelve-month figure through Jun 2026 stood at $115.8 million (up 20.11% YoY), and the FY2025 full-year result was $110.4 million, up 25.8% from the prior year.
- Cost of Revenue grew to $30.0 million in Q2 2026 per NMAX's latest filing, from $29.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $30.0 million in Q2 2026 and bottomed at $19.1 million in Q1 2024.
- Historically, Cost of Revenue has averaged $25.0 million across 3 years, with a median of $23.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue soared 31.72% in 2025, then advanced 8.1% in 2026.
- Over 3 years, Cost of Revenue stood at $23.6 million in 2024, then increased by 25.63% to $29.7 million in 2025, then climbed by 1.19% to $30.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $30.0 million, $29.7 million, and $28.4 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.20 Bn | 66.83 Bn | 4.10 Bn | 4.62 Bn |
| 2 | Fox | 24.58 Bn | 20.37 Bn | - | - |
| 3 | Paramount Skydance | 11.36 Bn | 8.09 Bn | -2.08 Bn | -3.82 Bn |
| 4 | Versant Media | 5.24 Bn | 3.76 Bn | 994.00 Mn | 650.00 Mn |
| 5 | Nexstar Media | 5.04 Bn | 4.82 Bn | 1.06 Bn | 929.00 Mn |
| 6 | Newsmax | 1.37 Bn | 1.32 Bn | 23.33 Mn | 30.01 Mn |
| 7 | AMC Global Media | 497.91 Mn | 33.91 Mn | 258.71 Mn | 288.78 Mn |
| 8 | Gray Media | 466.48 Mn | 290.48 Mn | 270.00 Mn | 569.00 Mn |
| 9 | Starz Entertainment | 423.11 Mn | 321.01 Mn | - | - |
| 10 | E.W. Scripps | 289.16 Mn | 276.12 Mn | 196.33 Mn | 294.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.01 Mn |
| Dec 31, 2025 | 29.65 Mn |
| Sep 30, 2025 | 28.36 Mn |
| Jun 30, 2025 | 27.76 Mn |
| Mar 31, 2025 | 22.44 Mn |
| Dec 31, 2024 | 23.60 Mn |
| Sep 30, 2024 | 22.59 Mn |
| Jun 30, 2024 | 21.07 Mn |
| Mar 31, 2024 | 19.11 Mn |