Trump Media & Technology Group Corp. income statement
In fiscal 2025, Trump Media & Technology Group Corp. reported revenue of $3.7m, up 1.8% on the year before, operating income of −$573m (a -15560.8% margin) and net income of −$712m, or −$2.80 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 4 | 4 | 4 | 5 |
| Cost of revenue | 0 | 0 | 1 | 2 | — |
| Gross profit | 1 | 4 | 3 | 2 | — |
| Research and development | 14 | 10 | 49 | 43 | 34 |
| Selling, general and administrative | 10 | 9 | 131 | 119 | — |
| Selling and marketing | — | — | — | — | 4 |
| Operating income | −23 | −16 | −186 | −573 | −947 |
| Interest expense | 2 | 39 | 3 | 27 | 46 |
| Income before tax | 51 | −58 | −401 | −712 | −1,304 |
| Income tax | 0 | 0 | 0 | 1 | 0 |
| Net income | 51 | −58 | −401 | −712 | −1,304 |
| Diluted EPS | $0.29 | −$0.34 | −$2.36 | −$2.80 | −$4.70 |
| Diluted shares (average) | 175m | 175m | 170m | 255m | 278m |
| EBITDA | −23 | −16 | −183 | −566 | −939 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 1 | 2 | — |
| Gross profit | 1 | 1 | 0 | 1 | 1 | 0 | −1 | — |
| Research and development | 4 | 7 | 13 | 13 | 8 | 9 | 8 | 8 |
| Selling, general and administrative | 18 | 35 | 25 | 29 | 31 | 34 | 38 | — |
| Selling and marketing | — | — | — | — | — | — | — | 2 |
| General and administrative | — | — | — | — | — | — | — | 36 |
| Operating income | −24 | −45 | −40 | −44 | −58 | −432 | −293 | −164 |
| Interest expense | 0 | 0 | 0 | 4 | 11 | 12 | 11 | 12 |
| Income before tax | −19 | −38 | −32 | −20 | −55 | −606 | −406 | −238 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −19 | −38 | −32 | −20 | −55 | −606 | −406 | −238 |
| Diluted EPS | −$0.10 | $0.01 | −$0.14 | −$0.08 | −$0.20 | −$2.37 | −$1.47 | −$0.86 |
| EBITDA | −23 | −43 | −38 | −42 | −56 | −430 | −292 | −162 |
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