Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media losses
Covered by 8 sources
- Sky News Home·8h agoLosses balloon at Trump Media the company behind Truth Social
Losses at the company behind Donald Trump's social media platform - Truth Social, have ballooned, new figures reveal.
Read at Sky News Home → - Express Tribune Biz·12h agoTrump Media's quarterly loss widens to $238 million from $20 million a year earlier
Company signs over 10 customer agreements for licensed data feed launched on August 1, says continues to add partners
Read at Express Tribune Biz → - TOI India·16h agoTrump Media Q2 results: US president led media ventrue posts $238 million loss as crypto holdings tumble
In the second quarter, Trump Media faced a dramatic loss of $238 million despite seeing its revenue more than double. However, operating losses expanded significantly, prompting the company to abandon new ventures like online betting and cryptocurrency. Their focus has shifted…
Read at TOI India → - BBC Business·17h agoTrump Media reports $238m loss as crypto falls
The firm says it will refocus on its social media mission, which includes a controversial service that sells faster access to Trump's market-moving posts.
Read at BBC Business → - Guardian World·18h agoTrump’s media company, which also owns Truth Social, reports $238m loss
Company also announced a paid service for early access to president’s posts on policies to the social media site Donald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter. Trump Media & Technology…
Read at Guardian World → - CNBC Top News·20h agoTrump Media posts $238 million second-quarter loss as crypto declines
TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump's posts.
Read at CNBC Top News → - Variety·22h agoTrump Media, Operator of Truth Social, Reports Q2 Net Loss of $238.1 Million and Revenue of $1.7 Million
Trump Media & Technology Group posted another large net loss for the second quarter of 2026, of $238.1 million, while the company generated $1.7 million in sales for the period. Donald Trump is the largest shareholder in TMTG, holding more than 40% of its shares through a…
Read at Variety →