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Companies $DJT
$6.14 -$0.26 (4.06%) Close
Trump Media & Technology Group Corp logo

Trump Media & Technology Group Corp

tmtgcorp.com

What Do They Do?

Operates Truth Social, a social media platform, and Truth+, a TV streaming service for users and viewers; offers investment products under Truth.Fi to investors.

How Do They Make Money?

For subscriptions, customers typically pay at the time of sale; payments made in advance cover the subscription term.

revenue
SegmentShareRevenue
Media
Recurring

100%
Truth.Fi
0.0%

Who Are Their Customers?

Truth Social is for social media users, Truth+ offers TV programming to viewers, and Truth.Fi is aimed at investors.

Do Revenues Turn Into Profits?

Not on paper. It lost $712.3M in FY2025, but brought in more cash than it spent: $14.2M of free cash flow.

Operating income, FY2025
−15561% of revenue
▲ +208% (Loss) vs FY2024 (−$186M, −5141%)
Net income, FY2025
−19343% of revenue
▲ +78% (Loss) vs FY2024 (−$400.9M, −11077%)
Free cash flow, FY2025
385% of revenue
▲ Now profitable vs FY2024 (−$66M, −1824%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +89%
vs $883.3K in Q2 FY2025
Net income
▲ +1090% (Loss)
vs −$20M in Q2 FY2025
Media share of revenue vs 100.0% in Q2 FY2025
  • Aug 7, 2026 TMTG and partners terminate planned Cronos treasury combination The parties mutually terminated the agreement to form a Cronos-focused digital-asset treasury company, citing market conditions.

From acquisition vehicle to media platforms The older report described a blank-check company seeking a business combination; the latest describes an operating company with Truth Social and Truth+ platforms and a financial-services brand.

Revenue over time
Media Truth.Fi
$5M$2.5M$0

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