Trump Media & Technology Group Corp.
Business
Trump Media & Technology Group Corp. operates Truth Social, a social media platform emphasizing free speech, and Truth+, a streaming service offering live TV and on-demand content. The company has launched Truth.Fi, a financial services and fintech brand offering investment vehicles including separately managed accounts, exchange-traded funds, and digital assets including bitcoin. TMTG also pursues strategic acquisitions and partnerships to expand its integrated media and technology ecosystem.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 4 | 4 | 4 | 1 | — | |
| Cost of revenue | 2 | 619,000 | 164,900 | 54,500 | — | |
| Research and development | 43 | 49 | 10 | 14 | — | |
| Sales and marketing | 3 | 6 | 1 | 625,900 | — | |
| General and administration | 119 | 131 | 9 | 10 | — | |
| Realized and unrealized loss, net, on digital assets and digital assets pledged | 403 | 0 | 0 | — | — | |
| Depreciation and amortization | 7 | 3 | 59,600 | 58,700 | — | |
| Total operating costs and expenses | 577 | 190 | 20 | 25 | — | |
| Loss from operations | −573 | −186 | −16 | −23 | −1 | |
| Interest income | 47 | 15 | 0 | 0 | 7,098 | |
| Interest expense | −27 | −3 | −39 | −2 | — | |
| Investment loss | −183 | 0 | 0 | — | — | |
| Litigation settlements | 25 | 0 | 0 | — | — | |
| Change in fair value of derivative liabilities | 0 | −226 | −3 | 76 | — | |
| Loss on the conversion of convertible debt | 0 | −542,300 | 0 | 0 | — | |
| Loss from operations before income taxes | −712 | −401 | −58 | 51 | −1 | |
| Income tax expense | −560,100 | 0 | −1,100 | 200 | 0 | |
| Net loss | −712 | −401 | −58 | — | — | |
| Less net loss attributable to noncontrolling interest | 278,800 | 0 | 0 | — | — | |
| Net loss available to common stockholders | −712 | −401 | −58 | — | — | |
| Basic (in Dollars per share) | −2.8 | −2.36 | −0.67 | 0.58 | — | |
| Diluted (in Dollars per share) | −2.8 | −2.36 | −0.67 | 0.58 | — | |
| Basic (in Shares) | 255 | 170 | 88 | 88 | — | |
| Diluted (in Shares) | 255 | 170 | 88 | 88 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 135 | 170 | 3 | 989 | 327,731 | |
| Restricted cash | 31 | 0 | — | — | — | |
| Short-term investments | 305 | 607 | 0 | — | — | |
| Equity securities (Note 2) | 722 | 0 | — | — | — | |
| Prepaid expenses and other current assets | 10 | 7 | 327,500 | — | — | |
| Accounts receivable, net | 244,500 | 17,400 | 81,000 | — | — | |
| Total current assets | 1,203 | 784 | 3 | 169,339 | 568,703 | |
| Convertible note receivable | 200 | 0 | — | — | — | |
| Interest receivable | 498,600 | 0 | — | — | — | |
| Property and equipment, net | 3 | 4 | 29,200 | — | — | |
| Goodwill | 121 | 121 | 0 | — | — | |
| Digital assets (Note 5) | 904 | 0 | — | — | — | |
| Digital assets pledged (Note 5) | 175 | 0 | — | — | — | |
| Intangible assets, net | 20 | 25 | 0 | — | — | |
| Right-of-use assets, net | 3 | 3 | 353,200 | — | — | |
| Total assets | 2,630 | 938 | 3 | 300 | 294 | |
| Accounts payable and accrued expenses | 32 | 10 | 2 | — | — | |
| Convertible notes payable (Note 11) | 942 | 0 | — | — | — | |
| Related party payables | 262,000 | 262,000 | 0 | 625,700 | — | |
| Unearned revenue | 30,400 | 1 | 4 | — | — | |
| Current portion of long-term debt | 5 | 5 | — | — | — | |
| Current portion of operating lease liability | 836,200 | 1 | 160,300 | — | — | |
| Total current liabilities | 980 | 17 | 65 | 23 | 683,535 | |
| Long-term operating lease liability | 2 | 3 | 201,600 | — | — | |
| Long-term debt - other | 442,600 | 5 | 0 | — | — | |
| Deferred tax liability | 560,100 | 0 | — | — | — | |
| Total liabilities | 983 | 25 | 70 | 34 | 11 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Preferred Stock $0.0001 par value 1,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2025 and December 31, 2024 | 0 | 0 | 0 | — | — | |
| Common Stock $ 0.0001 par value 999,000,000 shares authorized, 276,724,314 and 220,657,014 shares issued and outstanding at December 31, 2025 and December 31, 2024 | 28,100 | 22,100 | 8,800 | — | — | |
| Paid in Capital | 5,360 | 3,862 | 0 | — | — | |
| Treasury stock, at cost (4,279,691 and 128,138 shares) | −57 | −3 | 0 | — | — | |
| Accumulated Deficit | −3,657 | −2,945 | −67 | −32 | −10 | |
| Total stockholders equity | 1,647 | 914 | −67 | −9 | −59 | |
| Noncontrolling interest | 150,600 | 0 | — | — | — | |
| Total equity | 1,647 | 914 | −67 | −9 | — | |
| Total liabilities and stockholders equity/(deficit) | 2,630 | 938 | 3 | 300 | 294 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Non-cash interest expense on debt | 27 | 3 | 39 | 2 | — | |
| Non-cash interest income | −498,600 | 0 | 0 | — | — | |
| Change in fair value of derivative liabilities | 0 | 226 | 3 | −76 | — | |
| Depreciation and amortization | 7 | 3 | 60,400 | 59,100 | — | |
| Realized and unrealized loss, net, on digital assets and digital assets pledged | 403 | 0 | 0 | — | — | |
| Net unrealized loss on investments | 179 | 0 | 0 | — | — | |
| Premiums received from assigned put options | 44 | 0 | 0 | — | — | |
| Operating lease amortization | 910,800 | 418,900 | 153,800 | 86,800 | — | |
| Deferred taxes | 560,100 | 0 | 0 | — | — | |
| Prepaid expenses and other current assets | −18 | −2 | −1,600 | 105,200 | — | |
| Accounts receivable | −227,200 | 63,600 | 426,900 | −507,800 | — | |
| Unearned revenue | −980,200 | −3 | 4 | 0 | — | |
| Operating lease liabilities | −893,900 | −203,100 | −149,600 | −82,500 | — | |
| Accounts payable and accrued liabilities | 27 | 6 | 1 | −542,700 | — | |
| Net cash provided by/(used in) operating activities | 15 | −61 | −10 | −24 | −1 | |
| Purchases of property and equipment | −573,500 | −5 | −2,200 | −84,500 | — | |
| Purchase of intangible assets | 0 | −7 | 0 | 0 | — | |
| Purchase of short-term investments | −24 | −607 | 0 | 0 | — | |
| Sale of short-term investments | 325 | 0 | 0 | — | — | |
| Purchase of digital assets | −1,436 | 0 | 0 | — | — | |
| Purchase of equity securities | −932 | 0 | 0 | — | — | |
| Sale of equity securities | 92,300 | 0 | 0 | — | — | |
| Investment in convertible note receivable | −200 | 0 | 0 | — | — | |
| Net cash used in investing activities | −2,267 | −619 | −2,200 | −84,500 | −293 | |
| Proceeds of convertible notes | 960 | 47 | 4 | 15 | — | |
| Repurchase of convertible notes | −15 | 0 | 0 | — | — | |
| Repayment of convertible notes | 0 | 0 | −1 | 0 | — | |
| Repayment of long-term debt | −5 | 0 | 0 | — | — | |
| Proceeds from merger | 0 | 233 | 0 | 0 | — | |
| Proceeds from PIPE | 1,395 | 0 | 0 | — | — | |
| Payments of debt and equity offering costs | −34 | 0 | 0 | — | — | |
| Repurchases of common stock | −54 | −3 | 0 | 0 | — | |
| Proceeds from SEPA, net | 0 | 450 | 0 | 0 | 25,000 | |
| Proceeds from the exercise of warrants, net | 299,800 | 120 | 0 | 0 | — | |
| Contribution for non-controlling interest | 429,400 | 0 | 0 | — | — | |
| Net cash provided by financing activities | 2,248 | 847 | 3 | 15 | 295 | |
| Net change in cash, cash equivalents, and restricted cash | −4 | 168 | −7 | −9 | — | |
| Cash paid for interest | 370,400 | 126,500 | 0 | 0 | — | |
| Cash paid for taxes | 975,600 | 2 | 0 | 0 | — | |
| Shares issued for conversion of convertible notes | 0 | 350 | 0 | 0 | — | |
| Operating lease assets obtained in exchange for operating lease obligations | 0 | 3 | 0 | 593,900 | — | |
| Common stock issued for business combination | 0 | 132 | 0 | 0 | — | |
| Common stock issued for digital assets | 47 | 0 | 0 | — | — | |
| Debt and equity offering costs | 41 | 10 | 0 | — | — | |
| Digital asset exchanged for other digital asset | 17 | 0 | 0 | — | — | |
| Digital assets pledged as collateral for call option | 175 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Trump Media & Technology Group Corp.'s CIK number?
Trump Media & Technology Group Corp.'s SEC CIK number is 0001849635 (1849635). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Trump Media & Technology Group Corp.'s SEC filings?
All of Trump Media & Technology Group Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Trump Media & Technology Group Corp. last report earnings?
Trump Media & Technology Group Corp. (DJT) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001140361-26-020117). This is Trump Media & Technology Group Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Trump Media & Technology Group Corp.'s most recent earnings 8-K?
Trump Media & Technology Group Corp.'s latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001140361-26-020117. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Trump Media & Technology Group Corp.'s latest earnings 8-K →
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