Trump Media Q3: $409.7M profit fueled by gains on digital assets, vs. a Q3 2025 $54.8M loss, and sales of $3M, $1.8M from subscriptions like Truth API, Truth+ (Elias Schisgall/Wall Street Journal)
The company returned to profitability with a third-quarter net income of $409.7 million, reversing a $54.8 million loss reported in the prior-year period. Operational revenue remained modest, with total sales reaching $3 million for the quarter. More than half of this top-line total, or $1.8 million, was generated by subscriber offerings including Truth API and Truth+.
Key points
Digital asset performance served as the primary growth engine for third-quarter net profi…: Digital asset performance served as the primary growth engine for third-quarter net profit.
Overall revenue remained relatively low despite the massive headline earnings figure.: Overall revenue remained relatively low despite the massive headline earnings figure.
Subscription services generated the majority of the firm's $3 million in total quarterly…: Subscription services generated the majority of the firm's $3 million in total quarterly sales.
Sources checked by our analysis pipeline: 1
New York Times: |
Lauren Goode / Wired: |
Associated Press: |
Demetri Sevastopulo / Financial Times: |
Semafor: |
Sarah Perez / TechCrunch: |
Financial Times: |
Mark Anderson / Bloomberg: |
Anthropic: |
Jay Peters / The Verge: |
Russell Brandom / TechCrunch: |
Ryan Christoffel / 9to5Mac: |
Anna Tong / Forbes: |
Dina Bass / Bloomberg: |
Emily Nicolle / Bloomberg: |
Reuters: |
Echo Wang / Reuters: |
Jess Weatherbed / The Verge: |
Jess Weatherbed / The Verge: |
Elias Schisgall / Wall Street Journal: |
Bloomberg: |
Jason Schreier / Bloomberg: |
Andrew J. Hawkins / The Verge: |
Jennifer Hiller / Wall Street Journal: |
Stevie Bonifield / The Verge: |
CBS News: |
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