Trump Media Reports $405.9 Million Net Loss on Just $871,000 in Q1 Sales
By
Todd Spangler
Summary
Trump Media and Technology Group (TMTG), operator of Truth Social, reported Q1 2026 net sales of just $871,200 (up 6% YoY) alongside a massive $405.9 million net loss. The losses were largely driven by non-cash items including unrealized losses on digital assets and equity securities. The company's adjusted EBITDA loss was $387.8 million for the quarter.
Source
bskyTrump Media Reports $405.9 Million Net Loss on Just $871,000 in Q1 Salesvariety.comKey quotes
· 3 pulledTMTG 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 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.'
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