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Trump Media & Technology Group (DJT) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · Trump Media & Technology Group (DJT) Q2 2026 earnings results →

Q2 2026 Revenue up 89% year over year to $1.7M

Trump Media & Technology Group made $1.7M in Q2 2026 (+89% Y/Y). Operating margin n/m, net loss $238M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.

Revenue$1.7M
Year over year+89%
Operating marginn/m
Net earnings−$238M
Operating cash flow−$31.6M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $1.7M in Q2 2026, up 89% year over year and up 92% from the previous quarter.

Operating costs exceeded revenue by $163.5M, an operating margin of -9792.4%. Total costs grew 272% against revenue growth of 89%. The fastest-growing cost line was Other operating costs (+4861%). The quarter ended with a net loss of $238.1M, narrower than the previous quarter's $405.9M loss. Minority interests bore $75K of it: to shareholders the quarter was a loss of $238.0M.

Operating cash flow was −$31.6M. Non-cash charges added back $1.9M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items added $196.6M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$31.6M.

Quarterly history

Trump Media & Technology Group revenue by quarterTrump Media & Technology Group revenue by quarter$1.0MQ4 2024$821KQ1 2025$883KQ2 2025$973KQ3 2025$1.0MQ4 2025$871KQ1 2026$1.7MQ2 2026
Trump Media & Technology Group net earnings by quarterTrump Media & Technology Group net earnings by quarter−$37.6MQ4 2024−$31.7MQ1 2025−$20.0MQ2 2025−$54.8MQ3 2025−$606MQ4 2025−$406MQ1 2026−$238MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 10, 2026$1.7M+89%n/m−$238M−$31.6M
Q1 202610-QMay 8, 2026$871K+6%n/m−$406M$17.9M
Q4 202510-KFeb 27, 2026$1.0M+0.5%n/m−$606M$12.1M
Q3 202510-QNov 7, 2025$973K-4%n/m−$54.8M$10.1M
Q2 202510-QAug 1, 2025$883K+6%n/m−$20.0M$2.3M
Q1 202510-QMay 9, 2025$821K+7%n/m−$31.7M−$9.7M
Q4 202410-KFeb 14, 2025$1.0M+33%n/m−$37.6M−$8.3M

Charts

Trump Media & Technology Group: revenue growth, year over year and quarter over quarterTrump Media & Technology Group: revenue growth, year over year and quarter over quarterY/YQ/Q+33%Q4 2024+7%-18%Q1 2025+6%+8%Q2 2025-4%+10%Q3 2025+0%+3%Q4 2025+6%-13%Q1 2026+89%+92%Q2 2026
Latest (Q2 2026): Y/Y +89%, Q/Q +92%.
Trump Media & Technology Group: where the cash came from (+) and went (−), TTM to Q2 2026Trump Media & Technology Group: where the cash came from (+) and went (−), TTM to Q2 2026Cash drawn (+) / kept (−)$2.1BOther investing−$2.0BShares issued−$1.4BOther financing$1.4BBuybacks−$45.4MOperating cash flow$8.5MPartners$179KCapital spending−$28K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Trump Media & Technology Group: profit against cash, quarter by quarterTrump Media & Technology Group: profit against cash, quarter by quarterNet incomeOperating cash flow−$19.2M−$21.9MQ3 2024−$37.6M−$8.3MQ4 2024−$31.7M−$9.7MQ1 2025−$20.0M$2.3MQ2 2025−$54.8M$10.1MQ3 2025−$606M$12.1MQ4 2025−$406M$17.9MQ1 2026−$238M−$31.6MQ2 2026
Latest (Q2 2026): Net income −$238M, Operating cash flow −$31.6M.
Trump Media & Technology Group: diluted shares by fiscal year (split-adjusted)Trump Media & Technology Group: diluted shares by fiscal year (split-adjusted)175MFY2022175MFY2023170MFY2024255MFY2025
+45.4% since FY2022: more shares outstanding (issuance, stock pay); earlier years scaled for the 2-for-1 split before FY2024.
Trump Media & Technology Group in its industry: growth against margin (51 companies, SIC 7370)Trump Media & Technology Group in its industry: growth against margin (51 companies, SIC 7370)revenue growth, year over year →↑ operating marginmedian +9%median -1%GOOGLMETASPCXFLUTAPPSNAPZMPINSNIQMTCHSABRTTDRXTFDSTBLATRIPPPLITEMDOCNCSQRTEADEVERBMBLDVMGNIGRNDZIPDSPHSTMNXDRPUBMHCATRUMBLNDCDLXSSTCEVAYYAIPODCIPMGOAICSAIIPDNCNETTWAVTRSOMITIRMXIGITSBBLRDJT (+89%, -100%)
Services-Computer Programming, Data Processing, Etc.; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Trump Media & Technology Group

On March 25, 2024, TMTG consummated the transactions contemplated by the Merger Agreement dated October 20, 2021, between Digital World Acquisition Corp. (the “Company,” “Digital World” or “DWAC” or, following the closing on March 25, 2024, “TMTG” or “New Digital World”), DWAC Merger Sub, Private TMTG, ARC Global Investments II (“ARC”), LLC and TMTG’s Chief Legal Officer, as amended on May 11, 2022, August 9, 2023 and September 29, 2023. Pursuant to the Merger Agreement, and subject to the terms and conditions set forth therein, upon the Closing, DWAC Merger Sub merged with and into TMTG, with TMTG surviving as a wholly owned subsidiary of Digital World.

In its own words, from its 10-Q, filed Nov 7, 2025.

Trump Media & Technology Group against its Services-Computer Programming, Data Processing, Etc. peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +89% against the peers' median +25%.

CompanyQuarterRevenueY/YOp. margin
DJT Trump Media & Technology GroupQ2 2026$1.7M+89%n/m
GOOGL AlphabetQ3 2026$127.6B+25%31.8%
META Meta PlatformsQ3 2026$64.6B+26%20.1%
SPCX Space Exploration TechnologiesQ3 2026$14.6B+161%19.1%
FLUT Flutter EntertainmentQ3 2026$3.9B+2%-30.7%
APP AppLovinQ3 2026$2.2B+56%78.2%
SNAP SnapQ3 2026$1.7B+14%4.5%
ZM Zoom CommunicationsQ2 FY27$1.3B+5%24.6%
PINS PinterestQ3 2026$1.2B+12%2.6%

Source: Trump Media & Technology Group 10-Q on SEC EDGAR · CIK 1849635 · Services-Computer Programming, Data Processing, Etc.

13F: who owns DJT and who is buying

Largest holders of DJT (13F)Largest holders of DJT (13F)Vanguard Group$210MBlackRock$102MVanguard Portfolio Management LLC$57.3MVanguard Capital Management LLC$54.3MGeode Capital Management, LLC$34.3MState Street$32.4MCharles Schwab Investment Managem…$24.0MUBS Group AG$16.8MClear Street Group$12.5MNorthern Trust$11.2M
Funds' net buying of DJT by quarter (13F)Funds' net buying of DJT by quarter (13F)−$6.7M2024-09$28.7M2024-12−$20.2M2025-03$469M2025-06$123M2025-09−$140M2025-12−$4.2M2026-03$96.0M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on DJT

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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中文版:Trump Media & Technology Group(DJT)财报

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