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

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Variety Entertainment
2026/05/08 - 22:10 508 مشاهدة
Home Digital News May 8, 2026 3:10pm PT Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss By Todd Spangler Plus Icon Todd Spangler NY Digital Editor xpangler Latest Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss 17 minutes ago Opposition Mounts to Paramount-WBD Merger. Will It Make a Difference? 1 hour ago OnlyFans Valued at $3.15 Billion in Deal to Sell Minority Stake to Architect Capital 6 hours ago See All Getty Images 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. Related Stories ‘Devil Wears Prada 2’ Struts to No. 1 at U.K., Ireland Box Office
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