What is the 13F Pro Quality Score for NMAX?

13F Pro ranks Newsmax Inc. (NMAX) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View NMAX's current score at https://13fpro.ai/research/NMAX (free sign-up required for the full ranking).

Which hedge funds own the most NMAX stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of NMAX include BlackRock,, GOLDMAN SACHS GROUP, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/NMAX as soon as new 13F filings post.

Where does 13F Pro source NMAX data?

All Newsmax Inc. fundamentals and ownership data come directly from SEC EDGAR. Newsmax Inc. files with the SEC under CIK 2026478. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is NMAX in?

Newsmax Inc. (NMAX) is classified in the Communication Services sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/communication-services.

How often is NMAX research updated on 13F Pro?

NMAX's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Newsmax Inc.(NMAX)Stock Analysis

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Communication Services →NYSE

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SEC EDGAR: CIK 2026478 NMAX stock profile & AI dashboard →

13F Pro Quality Score

33.1/100

Rank #2,240 of 2,879 stocks

View Communication Services peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

93.1/100

Profitability

10.3/100

Balance Sheet

4.7/100

Earnings Quality

30.0/100

Free Cash Flow

8.5/100

Institutional Flow

85.1/100

Revenue Scale

23.6/100

Dilution Risk

22.6/100

NMAX Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Newsmax Inc. (NMAX), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores NMAX at 33.1/100 on a 32-signal composite quality model, placing it at rank #2,240 of 2,879 stocks — the bottom half of the AI-ranked universe. NMAX scores in the top quartile across revenue growth (93.1), institutional flow (85.1). Areas of concern include balance sheet strength (4.7) and free cash flow (8.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 22.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Newsmax Inc. reports quarterly revenue of $51.7M, net income of $-2.2M, free cash flow of $-2.9M. Top institutional holders of NMAX by reported 13-F value include BlackRock,, GOLDMAN SACHS GROUP, STATE STREET, based on the most recent SEC filings. NMAX trades on the NYSE exchange and files with the SEC under CIK 2026478. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NMAX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Newsmax Inc. directly from SEC EDGAR.

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Fun facts about Newsmax Inc.

Quirks, history, and lore behind NMAX — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. media company · small-cap · listed on NYSE American · headquartered in Florida.
2
The Numbers
Annual revenue in the low hundreds of millions of dollars, with a subscriber base and digital advertising revenue mix that keeps Wall Street guessing.
3
The History
Founded in the late 1990s as an online news outlet, it grew into a full cable television network and became one of the most-watched conservative news channels in America.
4
The Secret
It went public via a direct listing in early 2025, making its founder one of the more unusual figures to ring a Wall Street bell — he's been a media mogul, author, and political commentator all at once.
5
The Lore
The channel famously faced a defamation lawsuit tied to 2020 election coverage claims, and its prime-time lineup consistently challenges Fox News for right-leaning viewers.
6
The Giveaway
If you've ever seen Christopher Ruddy's name in the credits or caught a pundit say 'tune in to Newsmax tonight,' you already know this one.

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Revenue

Q1 2026

$51.7M

Net Income

Q1 2026

$-2.2M

Free Cash Flow

Q1 2026

$-2.9M

AI Insight: NMAX Financial Trends

Newsmax stabilized revenue near $52M but remains unprofitable with persistent operating losses and negative cash generation.

• Revenue flat at $52M in Q4 2025 and Q1 2026, up from $45M average in Q1–Q3 2025; modest stabilization after earlier volatility.

• Operating losses narrowed sharply: Q2 2025 loss of $76M improved to $4M–$5M in Q4 2025 and Q1 2026.

• Operating cash flow turned positive $3M in Q4 2025 but returned negative $3M in Q1 2026; volatility persists.

⚠ Equity eroded 40% from $177M (Q1 2025) to $106M–$107M (Q3 2025 onwards); indicates cumulative losses consuming capital.

⚠ Net losses sustained across all five quarters despite operational improvement; path to profitability unclear.

AI Insight: NMAX Ratio Trends

Newsmax narrowed losses sharply from Q2 2025's catastrophic quarter, but remains unprofitable across all major metrics through Q1 2026.

• Operating margin improved from -8.9% in Q4 2025 to -8.6% in Q1 2026; net margin from -5.7% to -4.2%.

• ROIC deteriorated from -17.6% in Q4 2025 to -16.7% in Q1 2026, reversing six-quarter trend of losses narrowing.

• Q2 2025 showed extreme distress (-164.5% OpMargin, -161.9% NPM), but company recovered significantly by Q3 2025 onward.

⚠ TTM metrics (OpMargin -47.4%, NPM -43.2%, ROIC -86.7%) reflect cumulative Q2 2025 loss; monitor Q2 2026 for seasonal recurrence.

⚠ Path to profitability remains unclear; all return metrics negative despite apparent quarterly stabilization trend.

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Available Research

13F Pro tracks comprehensive data for Newsmax Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of NMAX

BlackRock, Inc.
$13.2M2,529,949 sh
GOLDMAN SACHS GROUP INC
$5.2M998,566 sh
STATE STREET CORP
$3.5M678,291 sh
GEODE CAPITAL MANAGEMENT, LLC
$3.1M586,939 sh
AQR CAPITAL MANAGEMENT LLC
$2.3M432,091 sh
BNP PARIBAS FINANCIAL MARKETS
$1.6M297,929 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.4M272,962 sh
LPL Financial LLC
$1.3M252,709 sh
NORTHERN TRUST CORP
$1.3M251,602 sh
CITADEL ADVISORS LLC
$857.9K164,353 sh

Fund	Value	Shares
BlackRock, Inc.	$13.2M	2,529,949
GOLDMAN SACHS GROUP INC	$5.2M	998,566
STATE STREET CORP	$3.5M	678,291
GEODE CAPITAL MANAGEMENT, LLC	$3.1M	586,939
AQR CAPITAL MANAGEMENT LLC	$2.3M	432,091
BNP PARIBAS FINANCIAL MARKETS	$1.6M	297,929
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.4M	272,962
LPL Financial LLC	$1.3M	252,709
NORTHERN TRUST CORP	$1.3M	251,602
CITADEL ADVISORS LLC	$857.9K	164,353

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Is NMAX a good stock to buy?

13F Pro's AI-powered analysis of Newsmax Inc. (NMAX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NMAX are available on the NMAX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own NMAX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NMAX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Newsmax Inc.'s investment landscape.