US President Donald Trump’s media conglomerate, Trump Media & Technology Group (TMTG), reported a net loss of $238 million in the second quarter of 2026, with revenue totaling only $1.7 million.

In its latest filing with the US Securities and Exchange Commission (SEC) on Monday, August 11th, 2026, TMTG attributed most of the loss to $190.4 million in unrealized losses on digital assets, pledged digital assets, and equity securities. Additional losses included $11.7 million in accreted interest—unpaid interest added to loan principal—and $8.1 million in stock-based compensation.

TMTG stated that revenue for the April-June quarter rose 89 percent compared to the same period last year, although losses continued to exceed earnings. Nearly all revenue came from media segments, including $1.43 million from advertising and $179,500 from subscriptions, according to SEC filings.

During an earnings call on Monday, TMTG interim CEO Kevin McGurn said that 10 companies had already signed up for the service, paying monthly fees ranging from $60,000 to $100,000. This has raised concerns about potential conflicts of interest.

Additional unrelated news items noted in the report included Trump ordering fewer childhood vaccinations by splitting up the MMR vaccine, demands for compensation from Iran amid Strait of Hormuz talks, and Colombia’s far-right government recognizing Israeli claims over the Golan Heights.

Sources