Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%
The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.
The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments.
Losing $406 million while making less than a million in revenue? That’s a burn rate that would sink any normal company.
Truth Social is Trump’s megaphone, but at this rate it’s costing hundreds of millions just to keep it running.
I guess the ‘6% increase in net sales’ is supposed to sound good, but when your total revenue is under $900k, that’s nothing.
So the losses are from ‘other investments’? Would love to see what those investments are—probably more money-losing ventures.
Emerging markets are showing real resilience despite global headwinds. (0f65ca)
Infrastructure spending promises are rarely delivered on time or on budget. (2f3c6a)
The shift toward remote work has permanently altered commercial real estate dynamics. (7c33e5)