Newsmax settled a defamation lawsuit brought by Smartmatic over false 2020 election claims by paying $40 million, but it has not lost the separate Dominion Voting Systems lawsuit, which is still ongoing.
Newsmax loses lawsuit

FactVerify
Source: factverify.com
Key Evidence
Newsmax agreed to pay $40 million to settle the Smartmatic defamation lawsuit over false 2020 election claims in March 2025.
theguardian.comtheguardian.comNewsmax settled defamation suit over false US election claims for $40m
reuters.comreuters.comNewsmax paid $40 million to settle defamation suit over US 2020 election claims Meanwhile, a Delaware judge ruled that Newsmax must face Dominion Voting Systems' $1.6 billion defamation suit, which remains unresolved.
bloomberg.combloomberg.comNewsmax Must Face Dominion’s $1.6 Billion Defamation Suit Over 2020 Election...
What the Evidence Shows
The claim 'Newsmax loses lawsuit' is partially accurate but lacks important context. Newsmax was sued by Smartmatic, a voting machine company, for defamation related to false claims about the 2020 U.S. Presidential election. This lawsuit was settled in March 2025 with Newsmax agreeing to pay $40 million to Smartmatic, effectively resolving that case out of court.theguardian.comtheguardian.comNewsmax settled defamation suit over false US election claims for $40m
reuters.comreuters.comNewsmax paid $40 million to settle defamation suit over US 2020 election claims This settlement can be interpreted as Newsmax conceding to some liability or at least choosing to avoid a trial loss, which supports the notion that Newsmax 'lost' this particular lawsuit in practical terms.
However, Newsmax is also facing a separate and much larger defamation lawsuit from Dominion Voting Systems, another voting machine company. As of mid-2022 and continuing through recent reports, a Delaware judge ruled that Newsmax must face Dominion's $1.6 billion defamation suit, rejecting Newsmax's attempts to dismiss or narrow the case.bloomberg.combloomberg.comNewsmax Must Face Dominion’s $1.6 Billion Defamation Suit Over 2020 Election... This case has not been settled or decided against Newsmax yet and remains active.
Therefore, while Newsmax did settle and effectively lose the Smartmatic defamation suit, it has not lost the Dominion suit. The claim as stated is somewhat vague and could mislead by implying all lawsuits against Newsmax have been lost. The nuance is that one major suit was settled (which can be seen as a loss), while another remains unresolved.
This distinction is important because settlements do not always equate to an admission of guilt but often reflect strategic decisions to avoid prolonged litigation. The ongoing Dominion case means Newsmax's legal challenges related to election coverage are not fully resolved.
In conclusion, the claim is mostly true regarding the Smartmatic suit but misleading if interpreted as encompassing all lawsuits against Newsmax.