Trump Media & Technology Group reported net income of $409.7 million for the third quarter of 2026, with most of the result coming from non-cash gains on digital assets and securities. Combined realized and unrealized gains totaled $496.1 million, partially offset by $54 million in derivative losses. Quarterly revenue rose 205% from approximately $972,900 to $3 million, but adjusted EBITDA remained negative at $12.3 million. As of September 30, the company reported $2.5 billion in total assets and approximately $2.3 billion in financial assets, a category it said should not be treated as a liquidity measure. Despite the quarterly profit, Trump Media recorded a consolidated net loss of approximately $234.2 million for the first nine months of 2026 and used $28.4 million in operating activities.
Source: Read the original article
