Trump Media and Technology Group lost $406m in first three months of 2026
Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%
The parent company of https://www.theguardian.com/us-news/donaldtrump">Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – 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 https://www.9news.com.au/world/truth-social-donald-trump-devin-nunes-massive-losses-bitcoin-investment-usa-news/57ce532d-4fda-4354-b3db-9673a1ead2bc" title="Trump Media and Technology Group">Trump Media and Technology Group’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.
https://www.theguardian.com/us-news/2026/may/09/trump-media-and-technology-group-loses-406m-first-quarter-2026">Continue reading...Truth Social reports $400M loss
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