Quarterly ResultMay 8, 2026, 05:07 PM
Trump Media Q1 Net Loss $(405.9M); EPS $(1.47)
AI Summary
Trump Media & Technology Group Corp. reported a substantial increase in net loss for the first quarter of 2026, reaching $(405.9) million, primarily driven by significant unrealized losses on digital assets and investment losses. Despite a slight increase in net sales to $871.2 thousand, total operating costs and expenses surged to $294.4 million. The company's loss per share widened to $(1.47), reflecting the increased losses and higher weighted average shares outstanding.
Key Highlights
- Net sales increased to $871.2K for Q1 2026, up from $821.2K in Q1 2025.
- Net loss significantly widened to $(405.9M) in Q1 2026, compared to $(31.7M) in Q1 2025.
- Basic and diluted loss per share was $(1.47) for Q1 2026, versus $(0.14) for Q1 2025.
- Total operating costs and expenses surged to $294.4M in Q1 2026 from $40.4M in Q1 2025.
- Unrealized loss on digital assets and digital assets pledged was $244.0M in Q1 2026.
- Investment loss amounted to $108.2M in Q1 2026.
- Net cash provided by operating activities was $17.9M in Q1 2026, compared to $(9.7M) used in Q1 2025.
- Total assets decreased to $2.24B as of March 31, 2026, from $2.63B at December 31, 2025.
Price Impact
More from DJT