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Trump Media reports $409.7 million net income in third quarter

📅 Published: 10 Nov 2026, 07:44 pm IST• 🔄 Updated: 10 Nov 2026, 07:44 pm IST• 4 min read• 1 views
The headquarters of Trump Media & Technology Group Corp. located in Sarasota, Florida.
Trump Media & Technology Group is headquartered in Sarasota, Florida.
Key Points
  • Trump Media stock closed at $4.06 on November 9, 2026.
  • Q3 revenue reached $3.0 million, up from $0.97 million in the same period last year.
  • Gains on digital assets and equity securities primarily drove the quarterly net income.
  • The company reported a net loss of $234.02 million for the first nine months of 2026.

Trump Media & Technology Group Corp. stock closed at $4.06 on November 9, 2026, marking a 1.75% increase.

Marketscreener reported a net income of $409.83 million for the same period, contrasting with a net loss of $54.81 million during the third quarter of 2025.

The company shifted from a net loss of $54.81 million in the third quarter of 2025 to a net income of $409.83 million in the third quarter of 2026.

Revenue growth and earnings per share improvements

Trump Media reported revenue of $3.0 million for the third quarter of 2026. Marketscreener data shows sales reached $2.97 million, an increase from $0.9729 million during the same period in 2025.

Basic earnings per share from continuing operations reached $1.47 for the third quarter of 2026. This represents a change from the $0.20 loss per share reported for the same quarter a year earlier.

Diluted earnings per share from continuing operations stood at $1.38 for the third quarter of 2026. The company had previously reported a loss of $0.20 per share for the third quarter of 2025.

Non-cash gains and operational expense breakdown

Yahoo Finance reported that the third-quarter net income primarily resulted from non-cash items. These included $496.1 million in realized and unrealized gains on digital assets and equity securities.

Operational expenses partially offset these gains during the quarter. Yahoo Finance listed $54.0 million in derivative losses, $11.9 million in interest expenses, $9.4 million in stock-based compensation, and $4.0 million in investment expenses.

Nine-month financial performance summary

For the nine months ending September 30, 2026, the company recorded sales of USD 5.51 million. This figure represents an increase from the USD 2.68 million reported during the same period in 2025.

The firm reported a net loss of USD 234.02 million for the nine-month period ending September 30, 2026. This compares to a net loss of USD 106.52 million for the corresponding period in 2025.

Basic and diluted loss per share from continuing operations reached USD 0.84 for the nine months ending September 30, 2026. In the same period of 2025, the basic and diluted loss per share was USD 0.43.

Truth Social and streaming platform operations

Trump Media & Technology Group Corp. is headquartered in Sarasota, Florida. The company manages the Truth Social platform, the Truth+ video streaming service, and the Truth.Fi financial brand.

The Truth+ streaming service is accessible on iOS, Android, and the Web. It is supported by a custom-built content delivery network and infrastructure.

Corporate history and ownership structure

The company was established in 2021 and operates as a subsidiary of TAE Technologies, Inc.. Its stock held an initial public offering on March 25, 2024.

The organization aims to counter the influence of Big Tech on free speech by providing an open internet platform.

Frequently Asked Questions

What drove the company's net income in the third quarter of 2026?
The net income was primarily composed of $496.1 million in realized and unrealized gains on digital assets and equity securities.
Who is the majority owner of Trump Media & Technology Group?
The Donald J. Trump Revocable Trust is the majority owner of Trump Media & Technology Group Corp.
How this story was made: written with AI assistance from the published reports and data linked below, then checked by automated filters that compare its facts against those sources. Spotted an error? Tell us and we will correct it. Our editorial policy.

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