Trump Media’s Q1 Revenue Tiny, $406M Loss Fueled by Non-Cash Write-Downs
TL;DR Summary
Trump Media & Technology Group, operator of Truth Social, reported Q1 2026 net sales of about $871,000 (up 6% YoY) and a $405.9 million net loss, with a $387.8 million adjusted EBITDA loss, driven largely by non-cash charges including unrealized digital-asset losses, asset pledges, accreted interest, and stock-based compensation. The company also posted a $17.9 million positive cash flow from operations and said it is pursuing growth initiatives, including expanding Truth Social and advancing its merger with TAE Technologies.
- Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss Variety
- Trump Media and Technology Group lost $406m in first three months of 2026 The Guardian
- Trump Media Posts $405 Million Loss Driven by Crypto Holdings Bloomberg.com
- Parent company of Trump’s Truth Social reports $400M loss BNN Bloomberg
- Trump's company loses half a billion dollars in three months 9News
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