Trumps media company reports $238m loss

Image for article Trumps media company reports $238m loss
News Source : Al Jazeera English

News Summary

  • US President Donald Trump’s media conglomerate has reported a net loss of $238m in the second quarter of 2026, against revenue of $1.7m.
  • Trump Media & Technology Group (TMTG) attributed most of the shortfall to $190.4m in unrealised losses on digital assets, digital assets pledged and equity securities.
  • TMTG said revenue for the April-June quarter rose 89 percent compared with the same period last year, though losses continued to outpace earnings.
US President Donald Trumps media conglomerate has reported a net loss of $238m in the second quarter of 2026, against revenue of $1.7m.

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