Donald Trump’s business empire is facing another financial blow, with his media venture reporting a staggering quarterly deficit despite bringing in more money than it did a year earlier. The company’s latest figures show just how sharply its investment losses have overshadowed the relatively small income generated by its media operations.
Trump Media & Technology Group reported a $238.1 million net loss in Q2 of 2026
Trump Media & Technology Group, the company behind Truth Social, recorded a $238 million net loss for the April-to-June period, according to a Monday filing with the U.S. Securities and Exchange Commission. TMTG generated only $1.7 million in revenue during the quarter, leaving a huge gap between what it earned and what it lost (via Al Jazeera).
Digital assets and securities accounted for the biggest chunk of the damage. TMTG reported roughly $190.4 million in unrealized losses tied to digital assets, assets pledged as collateral, and equity investments. The company also recorded $11.7 million in accrued interest and another $8.1 million in stock-based compensation. Revenue itself climbed 89% from the same quarter last year, but that increase barely moved the needle against the losses.
The numbers look even rougher when viewed across the first six months of 2026. TMTG has now accumulated about $644 million in total losses, compared with only $2.5 million in revenue. Investors reacted sharply as well, sending shares traded under the DJT ticker down 8% by Monday’s close.
TMTG has expanded far beyond its flagship social network. Its portfolio includes Truth+, a streaming service, and Truth.Fi, a financial-services brand, while the company has also moved into cryptocurrency and launched Truth API, a subscription data service built around posts from Truth Social. Interim CEO Kevin McGurn said 10 companies are already onboard, paying between $60,000 and $100,000 a month.
Trump’s wider business interests remain separate from TMTG and include properties and hospitality ventures associated with The Trump Organization, such as hotels, resorts, golf courses, commercial real estate and licensing businesses.
Originally reported by Rishabh Shandilya on Mandatory.com.
