Trump Media & Technology Group Corp. reported Q2 sales of $1.67M, up 89% y/y, but remains unprofitable with ballooning losses and minimal operational improvement. I maintain a Strong Sell rating on DJT, citing persistent cash burn, unsustainable business model, and repeated pivots with no viable path to profitability. Despite $215M in cash and a long runway, DJT's core operations are stagnant, and reliance on capital markets is unsustainable without dramatic improvement.
Trump Media & Technology Group reported Q2 revenues of $1.67 million, a notable yearly increase but still very small. Operating losses were $48.5 million in Q2, worsening year over year, with 1H 2026 GAAP losses nearly $644 million due to bad investments. DJT's valuation remains extremely high relative to revenues, trading at a significant premium to comparable social media peers.
Losses at the company behind Donald Trump's social media platform - Truth Social, have ballooned, new figures reveal.
Trump Media & Technology Group , founded by U.S. President Donald Trump and known for its Truth Social platform, reported a wider second-quarter loss, largely due to unrealized losses tied to its cryptocurrency assets.
Trump Media stock (NASDAQ: DJT) dropped 8.03% to $9.39 on Monday before slipping slightly further after hours, as investors confronted another quarter of heavy losses and little revenue. The Truth Social owner reported a $238.1 million second-quarter net loss, compared with about $20 million a year earlier, while revenue rose 89% to $1.7 million.
Trump Media & Technology Group Corp. (DJT) Q2 2026 Earnings Call Transcript
We estimate President Donald Trump's net worth at $6.4 billion, falling nearly $100 million Monday. Trump's stake in the company is worth about $1 billion.
Trump Media & Technology Group reported a net loss of more than $238 million in its fiscal second quarter on revenue of less than $2 million. TMTG said its loss was largely due to declines in "digital assets, digital assets pledged, and equity securities.
The company reported a loss of $238.1 million for the second quarter, compared with a loss of $20 million in the same quarter a year earlier.
We estimate President Donald Trump's net worth at $6.4 billion, falling nearly $100 million Monday. Trump's stake in the company is worth about $1 billion.
Shares of Trump Media & Technology Group (NASDAQ:DJT) are sliding again, falling 7.83% in the most recent trading session to $9.41.
For up to $100,000 a month, a hedge fund can buy a licensed, low-latency pipe into Donald Trump's Truth Social account, sold by Trump Media & Technology Group (NASDAQ:DJT), where Trump is the largest shareholder through a trust controlled by his son, Donald Trump Jr.