
Originally published byThe Guardian
Parent company of presidentโs Truth Social platform generated only $870,000 even as net sales were up 6%
The parent company of Donald Trumpโs Truth Social platform โ one of the presidentโs preferred communications channels โ lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.
The Trump Media and Technology Groupโs quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments.
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