Trump Media & Know-how Group earns lower than $2m in Q2.
Printed On 11 Aug 2026
US President Donald Trump’s media conglomerate has reported a internet lack of $238m within the second quarter of 2026, in opposition to income of $1.7m.
In its newest submitting with the US Securities and Trade Fee (SEC) on Monday, Trump Media & Know-how Group (TMTG) attributed a lot of the shortfall to $190.4m in unrealised losses on digital belongings, digital belongings pledged and fairness securities.
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Different losses included $11.7m in “accreted curiosity” – unpaid curiosity on a mortgage that’s added to the principal – and $8.1m in “stock-based compensation”.
TMTG mentioned income for the April-June quarter rose 89 % in contrast with the identical interval final 12 months, although losses continued to outpace earnings.
Virtually all of TMTG’s income got here from “media segments”, together with $1.43m from promoting and $179,500 from subscriptions, based on the SEC filings.
The monetary outcomes deliver TMTG’s internet losses for the primary half of 2026 to $644m, in opposition to income of $2.5m.
Shares of TMTG, which trades underneath the NASDAQ image “DJT”, had been down 8 % at market closing on Monday.
TMTG’s portfolio consists of the social media platform Fact Social, the video streaming service Fact+ and the fintech model Fact.Fi.
Over the previous 12 months, the corporate has additionally branched into different areas, together with cryptocurrency and, as of August 1, market intelligence via the controversial subscription service Fact API.
Fact API gives buyers quicker entry to posts on Fact Social, the place Trump often makes market-moving bulletins on coverage points comparable to tariffs and the US-Israel struggle on Iran.
TMTG interim CEO Kevin McGurn mentioned throughout an earnings name on Monday that 10 corporations had already signed up for the service, which has raised battle of curiosity issues, paying $60,000 to $100,000 per thirty days in charges.
Regardless of the affect of Trump’s posts, Fact Social has lagged behind rival platforms comparable to X and Fb by way of customers since its launch in 2022.
The New York Instances reported on Monday that guests to Fact Social in July had been down by greater than a 3rd in contrast with the identical interval final 12 months, citing information from the net monitoring agency Similarweb.
