Trump Media & Technology Group reported third quarter 2026 revenue of $3.0 million, a significant increase from $1.0 million in the prior year, driven by the expansion of subscription services. While the company posted a net income of $409.7 million, this figure was heavily influenced by approximately $496.1 million in non-cash gains related to the revaluation of digital assets and equity securities.
Key Highlights
- Revenue surged 205% year-over-year to $3.0 million, bolstered by $1.8 million in subscription growth from the new Truth API and Truth+ platforms.
- Total financial assets reached $2.3 billion, primarily consisting of cash, short-term investments, and digital assets.
- Legal expenses declined sharply to $2.4 million from $20.3 million in the third quarter of 2025 following the resolution of legacy legal matters.
- The SEC declared the registration statement for the TAE Technologies merger effective, with a definitive shareholder vote scheduled for December 14, 2026.