Overview
- Trump Media said first‑quarter 2026 sales were $871,200 with a $405.9 million net loss that it attributed largely to unrealized losses and other non‑cash items.
- Total assets were $2.2 billion, including about $2.1 billion in financial assets such as cash, short‑term investments, equity securities, and digital assets.
- Operating activities generated $17.9 million in cash for the quarter, which the company said was its fourth straight period of positive operating cash flow.
- Kevin McGurn is the interim CEO following the recent departure of Devin Nunes, who had led the company since 2022.
- The company is advancing an all‑stock merger with fusion firm TAE Technologies expected to close in mid‑2026 and is weighing a spin‑off of businesses like Truth Social after the deal.