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<\/a><\/p>\nPublished On 11 Aug 202611 Aug 2026<\/p>\n
US President Donald Trump\u2019s media conglomerate has reported a net loss of $238m in the second quarter of 2026, against revenue of $1.7m.<\/p>\n
In its latest filing with the US Securities and Exchange Commission (SEC) on Monday, Trump Media & Technology Group (TMTG) attributed most of the shortfall to $190.4m in unrealised losses on digital assets, digital assets pledged and equity securities.<\/p>\n
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Other losses included $11.7m in \u201caccreted interest\u201d \u2013 unpaid interest on a loan that is added to the principal \u2013 and $8.1m in \u201cstock-based compensation\u201d.<\/p>\n
TMTG said revenue for the April-June quarter rose 89 percent compared with the same period last year, though losses continued to outpace earnings.<\/p>\n
Almost all of TMTG\u2019s revenue came from \u201cmedia segments\u201d, including $1.43m from advertising and $179,500 from subscriptions, according to the SEC filings.<\/p>\n
The financial results bring TMTG\u2019s net losses for the first half of 2026 to $644m, against revenue of $2.5m.<\/p>\n
Shares of TMTG, which trades under the NASDAQ symbol \u201cDJT\u201d, were down 8 percent at market closing on Monday.<\/p>\n
TMTG\u2019s portfolio includes the social media platform Truth Social, the video streaming service Truth+ and the fintech brand Truth.Fi.<\/p>\n
Over the past year, the company has also branched into other areas, including cryptocurrency and, as of August 1, market intelligence through the controversial subscription service Truth API.<\/p>\n
Truth API provides investors faster access to posts on Truth Social, where Trump regularly makes market-moving announcements on policy issues such as tariffs and the US-Israel war on Iran.<\/p>\n
TMTG interim CEO Kevin McGurn said during an earnings call on Monday that 10 companies had already signed up for the service, which has raised conflict of interest concerns, paying $60,000 to $100,000 per month in fees.<\/p>\n
Despite the influence of Trump\u2019s posts, Truth Social has lagged behind rival platforms such as X and Facebook in terms of users since its launch in 2022.<\/p>\n
The New York Times reported on Monday that visitors to Truth Social in July were down by more than a third compared with the same period last year, citing data from the online tracking firm Similarweb.<\/p>\n","protected":false},"excerpt":{"rendered":"Trump Media & Technology Group earns less than $2m in Q2. Published On 11 Aug 202611 Aug 2026…\n","protected":false},"author":2,"featured_media":734270,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,2411,141,1294,59,50,224,56,54,158,55,3544],"class_list":["post-734269","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-business-and-economy","tag-donald-trump","tag-economy","tag-gb","tag-news","tag-social-media","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom","tag-us-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/734269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=734269"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/734269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/734270"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=734269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=734269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=734269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}