Advertising Revenue was Newsmax’s largest product and service line in fiscal 2025, bringing in $120.29M of $189.25M (64%).
| Product and Service | FY 2024 | FY 2025 |
|---|---|---|
| Advertising Revenue | $109.13M | $120.29M |
| Affiliate Fee Revenue | $26.66M | $30.65M |
| Subscription | $26.91M | $27.52M |
| Product Sales | $6.01M | $7.25M |
| Other | $2.31M | $3.55M |
| Total | $171.02M | $189.25M |
Newsmax brought in $189.25M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 10.7% from $171.02M in fiscal 2024. Advertising Revenue was the largest at $120.29M (63.6%), ahead of Affiliate Fee Revenue at $30.65M (16.2%) and Subscription at $27.52M (14.5%). The other two lines brought in $10.81M combined.
Compared with fiscal 2024, Product Sales grew fastest, up 20.7% to $7.25M. Every line above 2% of revenue grew.
Broadcasting was Newsmax’s largest segment in fiscal 2025, bringing in $153.34M of $189.25M (81%).
| Segment | FY 2024 | FY 2025 |
|---|---|---|
| Broadcasting | $130.71M | $153.34M |
| Digital | $40.31M | $35.92M |
| Total | $171.02M | $189.25M |
Newsmax brought in $189.25M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 10.7% from $171.02M in fiscal 2024. Broadcasting was the largest at $153.34M (81.0%), ahead of Digital at $35.92M (19.0%).
Compared with fiscal 2024, Broadcasting grew 17.3% to $153.34M, while Digital fell 10.9% to $35.92M.
Newsmax (NMAX) reports its revenue by product and service and by segment. In fiscal 2025, Advertising Revenue was its largest product and service line, bringing in $120.29M (63.6% of the total), followed by Affiliate Fee Revenue at $30.65M (16.2%).
Advertising Revenue was Newsmax's largest product and service line in fiscal 2025, bringing in $120.29M, or 63.6% of the $189.25M total across its five product and service lines.
Broadcasting was Newsmax's largest segment in fiscal 2025, bringing in $153.34M, or 81.0% of the $189.25M total across its two segments.
Among Newsmax's product and service lines that make up at least 2% of revenue, Product Sales grew fastest in fiscal 2025, up 20.7% from $6.01M to $7.25M.
Every figure comes from Newsmax's annual financial filings, as reported. Each line keeps the name Newsmax gives it, and years follow its fiscal calendar.
Newsmax's revenue by product and service goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.