Trump’s media company reports $238m loss

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.

Other 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.