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TMTG Q1 2026 Financial Highlights
Comparison of revenue versus reported losses for the first quarter.
Primary Sources
Parent company of Trump's Truth Social site reports $400m loss this ...
Losses driven largely by depreciation of cryptocurrency assets as prices of digital currencies tumble.The parent company of Donald Trump’s social media platform, Truth Social, has reported a loss of more than $400m in the first quarter of 2026, driven largely by the slumping value of cryptocurrency assets.A March 31 company filing shows that Trump Media and Technology Group (TMTG) reported revenue of about $870,000 for the first three months of the year, with a six percent rise in net sales.Recommended Stories list of 3 itemslist 1 of 3Trump announces three-day ceasefire in Russia-Ukraine warlist 2 of 3Trump halts Hormuz operation, cites ‘great progress’ in Iran talkslist 3 of 3Trump sets July 4 deadline for EU tariff hike decisionend of listHowever, it had hefty losses related to some of its investments, notably a significant buy in cryptocurrency.The US president, a prolific social media user who often uses the platform to announce policy changes or lash out at enemies, controls about 41 percent of the company’s shares, via a trust that manages his financial interests while he is in office.Trump launched Truth Social after he was banned by most major social media platforms following his 2020 election loss to US President Joe Biden and the resulting riot by his supporters at the US Capitol on January 6, 2021.TMTG’s Interim chief executive officer Kevin McGurn said in a statement that the company “is using its strong balance sheet and positive operating cash flow to continue growing all our businesses and platform infrastructure”.The company stated last year that it had raised $2.5bn to invest in cryptocurrencies, but the sector has experienced declining prices. That is despite initial optimism within the industry that the Trump administration would boost its prospects with a favourable regulatory environment.The price of Bitcoin dropped from $126,000 in October to $70,000 in March, before rising slightly to about $80,000.TMTG said in the filing that the “vast bulk” of losses were due to digital assets, and that it will continue “to focus on expanding its infrastructure and audience to prepare for future monetised features”.McGurn likewise stated that Truth Social was a “bastion of free speech with innovative enhancements coming soon”.TMTG is pursuing a merger with the US company TAE Technologies, which is focused on the development of nuclear fusion technology.Researchers hope that nuclear fusion could become a source of limitless energy, but it continues...
Truth social parent company reports $400M loss - BOL News
Trump Media & Technology Group (TMTG) the parent company of President Donald Trump’s social media platform Truth Social has reported a steep financial loss of more than $400 million in the first quarter of the year, largely driven by declines in cryptocurrency valuations. According to a company filing released on Friday TMTG generated less than $1 million in revenue for the three-month period ending March 31 highlighting a significant gap between income and expenses. The company in which Donald Trump holds approximately 41% ownership through a trust managing his financial assets during his presidency, has recently expanded into financial services, including a major push into digital currencies. Last year TMTG announced $2.5 billion in funding aimed at cryptocurrency investments an area that has reportedly become a key focus for the former president. However the sharp downturn in crypto markets severely impacted the company’s financial position. Bitcoin prices reportedly fell from above $126,000 in October to below $70,000 in March, before partially recovering to over $80,000. Because publicly traded companies must report the market value of their holdings even without selling them, TMTG recorded a $406 million loss, with the company stating that the “vast majority” of the decline came from its digital asset exposure. Despite the losses, the company reported $900,000 in quarterly revenue, a modest figure for a firm valued at approximately $2.47 billion on the stock market. TMTG said it remains focused on expanding its platform infrastructure and user base in preparation for future monetisation features. Separately the company had announced in December a planned merger with American firm TAE, which is developing nuclear fusion technology. The deal is expected to be completed by mid-2026.
Trump Media Posts $406 Million Q1 Loss as Crypto Crash Hits Truth ...
Washington: The parent company of Truth Social, President Donald Trump's social media platform, reported a net loss on Friday of more than $400 million in the first quarter - mostly from tumbling ...
Trump Media & Technology Group Reports First Quarter 2026 Results
SARASOTA, Fla., May 08, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the ...
