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Trump Media and Technology Group lost $406m in first three months of 2026
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๐Ÿ‡ฌ๐Ÿ‡ง United Kingdomโ€ขMay 9, 2026

Trump Media and Technology Group lost $406m in first three months of 2026

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Originally published byThe Guardian

Parent company of presidentโ€™s Truth Social platform generated only $870,000 even as net sales were up 6%

The parent company of Donald Trumpโ€™s Truth Social platform โ€“ one of the presidentโ€™s preferred communications channels โ€“ lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.

The Trump Media and Technology Groupโ€™s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments.

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