President Trump
Media Firm Reviews Yuuuuge Losses
Printed
President Trump‘s media firm took an enormous loss within the first quarter … to the tune of over $405 million.
Trump Media and Know-how Group Corp., the guardian firm for Trump’s social media platform Fact Social, reported a $405,900,000 web loss within the first three months of 2026 … in response to an organization earnings report.
For the primary quarter, Trump Media says they’d $871,200 in web gross sales … up 6% 12 months over 12 months.
Within the firm earnings report launched Friday, Trump Media reported a $387.8 Million adjusted EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) loss … claiming the “vast bulk” of the losses have been “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 figures come after a management shakeup at Trump Media … with POTUS changing CEO Devin Nunes, the previous Congressman from California, with Kevin McGurn.
It is not all unhealthy for Trump Media … they are saying they’ve $2.2 Billion in monetary belongings and $17.9 Million in optimistic working money stream.
