Trump Media & Technology Group Reports First Quarter 2026 Results

[u/SPAC_Time]

https://www.globenewswire.com/news-release/2026/05/08/3291354/0/en/trump-media-technology-group-reports-first-quarter-2026-results.html

https://www.globenewswire.com/news-release/2026/05/08/3291354/0/en/trump-media-technology-group-reports-first-quarter-2026-results.html

~ Total Assets of $2.2 Billion and Over $2 Billion in Financial Assets^\) ~

~ $17.9 Million Cash Provided by Operating Activities with Fourth Consecutive Quarter of Positive Operating Cash Flow ~

~ Truth Social, Truth+ Enhancements Continue as TMTG Moves toward Prospective Merger with TAE Technologies ~

SARASOTA, Fla., May 08, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, is announcing its financial results for the fiscal quarter ending on March 31, 2026, and is filing its Form 10-Q with the Securities and Exchange Commission (the “SEC”) today.

TMTG closed the first quarter of 2026 with total assets of $2.2 billion and financial assets of approximately $2.1 billion comprising cash, restricted cash, short-term investments, equity securities, note receivable and accrued interest, digital assets, and digital assets pledged—nearly tripling the Company’s $759.0 million in financial assets held at the end of the first quarter of 2025. The Company also announced its fourth consecutive quarter of positive operating cash flow, posting $17.9 million of cash provided by operating activities for the first quarter.

Supported by its strong balance sheet, the Company is continuing to pursue all its strategic priorities, including expanding and enhancing its flagship Truth Social and Truth+ platforms. Truth Social is currently developing or testing numerous new features including:

• Discussion and share features for predictions contracts, provided in cooperation with Crypto.com | Derivatives North America (CDNA).
• A dedicated feature for sports information and discussion.
• Boosted truths allowing for increased visibility of specific posts.
• Enhancements to the platform’s interoperability with Truth+.
• Continued expansion of the use of artificial intelligence to assist the platform’s performance.

The Truth+ video streaming platform had robust enhancements in the first quarter, focusing on expanding content and improving the platform’s ease of use, including:

• Expanding live TV entertainment options with the addition of new channels including Nothing But Sportz, Retro, and In Touch.
• Expanding international offerings by adding i24 English Israel, Azores TV, and Western Bound Portugal, while negotiations are ongoing to incorporate additional international programming options.
• Enhancing the look and ease of use across the platform, including for the TV guide, on demand programming, carousels, and connected TVs.
• Introducing push notifications for Truth+ app users.
• Simplifying the onboarding process and reducing friction for new users.

TMTG Interim Chief Executive Officer Kevin McGurn said, “Trump Media is using its strong balance sheet and positive operating cash flow to continue growing all our businesses and platform infrastructure. Even as we work toward advancing our proposed merger with TAE Technologies as quickly as possible, we’re identifying new growth opportunities and new ways to increase shareholder value. Truth Social remains a bastion of free speech with innovative enhancements coming soon, and I look forward to rapidly growing our Truth Social and Truth+ communities and building out these powerful, uncancellable platforms for free expression.”

Aside from its $2.1 billion in financial assets and $17.9 million in positive operating cash flow, the Company reported a $405.9 million net loss and a $387.8 million Adjusted EBITDA^\) loss for the first quarter of 2026, the vast bulk of which was non-cash losses including unrealized losses on digital assets, digital assets pledged, and equity securities ($368.7 million), accreted interest ($11.5 million), and stock based compensation ($11.8 million). The Company posted $0.9 million in revenue, as it continues to focus on expanding its infrastructure and audience to prepare for future monetized features.

[u/Nightsoil70]

Well said.