Trump’s media company reports $238m loss

Trump Media & Technology Group earns less than $2m in Q2.US President Donald Trump’s media conglomerate has reported a net loss of $238m in the second quarter of 2026, against revenue of $1.7m.In its latest filing with the US Securities and Exchange Commission (SEC) on Monday, Trump Media & Technology Group (TMTG) attributed most of the shortfall to $190.4m in unrealised losses on digital assets, digital assets pledged and equity securities.Recommended Stories list of 4 itemslist 1 of 4Soldiers take cover as Colombia quake flattens military barrackslist 2 of 4Trump orders fewer childhood vaccinations including splitting up MMRlist 3 of 4Trump demands compensation from Iran as talks on Strait of Hormuz continuelist 4 of 4Colombia’s far-right government recognises Israeli claim over Golan Heightsend of listOther losses included $11.7m in “accreted interest” – unpaid interest on a loan that is added to the principal – and $8.1m in “stock-based compensation”.TMTG said revenue for the April-June quarter rose 89 percent compared with the same period last year, though losses continued to outpace earnings.Almost all of TMTG’s revenue came from “media segments”, including $1.43m from advertising and $179,500 from subscriptions, according to the SEC filings.The financial results bring TMTG’s net losses for the first half of 2026 to $644m, against revenue of $2.5m.Shares of TMTG, which trades under the NASDAQ symbol “DJT”, were down 8 percent at market closing on Monday.TMTG’s portfolio includes the social media platform Truth Social, the video streaming service Truth+ and the fintech brand Truth.Fi.Over the past year, the company has also branched into other areas, including cryptocurrency and, as of August 1, market intelligence through the controversial subscription service Truth API.Truth API provides investors faster access to posts on Truth Social, where Trump regularly makes market-moving announcements on policy issues such as tariffs and the US-Israel war on Iran.