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Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss

Variety Todd Spangler 2 переглядів 2 хв читання
May 8, 2026 3:10pm PT Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss

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Todd Spangler

NY Digital Editor

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IN FLIGHT - MARCH 15: U.S. President Donald Trump speaks to members of the media onboard Air Force One on March 15, 2026 while en route to Joint Base Andrews, Maryland from West Palm Beach Florida. President Trump returned to Washington D.C. on Sunday following a weekend trip to Florida. (Photo by Nathan Howard/Getty Images)
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Trump Media and Technology Group, operator of social-media platform Truth Social, reported a massive net loss for the first three months of 2026 and less than $1 million in total sales.

For the first quarter, TMTG generated net sales of $871,200, up 6% year over year. The company reported a $405.9 million net loss and a $387.8 million adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) loss for the first quarter of 2026. The vast bulk of the losses were “non-cash losses including unrealized losses on digital assets, digital assets pledged, and equity securities ($368.7 million), accreted interest ($11.5 million), and stock based compensation ($11.8 million),” the company said in a press release.

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