Monitor the upcoming 10-Q for detailed segment disclosures and cash flow sustainability. The merger with TAE Technologies remains a key catalyst; any delays could pressure the stock. The massive non-cash loss may be less concerning to investors focused on liquidity, but continued operating cash flow positivity is critical.
Price Chart
Executive Summary
Trump Media & Technology Group reported Q1 2026 revenue of $0.9M and a net loss of $405.9M, driven by $368.7M in non-cash unrealized losses on digital assets and equity securities. The company highlighted $2.1B in financial assets and a fourth consecutive quarter of positive operating cash flow ($17.9M), but the massive net loss increase from $31.7M in Q1 2025 is material and negative.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $0.9 million
- Q1 2026 net loss: $405.9 million (vs $31.7 million in Q1 2025)
- Q1 2026 adjusted EBITDA loss: $387.8 million (vs $19.9 million in Q1 2025)
- Q1 2026 operating cash flow: +$17.9 million (fourth consecutive positive quarter)
- Financial assets as of March 31, 2026: ~$2.1 billion (triple the $759.0 million at Q1 2025 end)
- Non-cash losses of $368.7M from digital assets and equity securities accounted for most of the net loss
- No forward guidance provided in the release
Financial Impact
Net loss widened by 1,179% year-over-year to $405.9M, but largely non-cash; balance sheet remains strong at $2.1B financial assets
Risk Factors
- Unrealized losses on digital assets and equity securities could continue to create large GAAP losses
- Revenue remains very low ($0.9M) with no clear path to material monetization
- Merger with TAE Technologies is subject to regulatory and shareholder approvals
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001140361-26-020117 |
| Document: ef20072756_8k.htm | 0001140361-26-020117 |
| Document: 0001140361-26-020117-index-headers.html | 0001140361-26-020117 |
| Document: 0001140361-26-020117-index.html | 0001140361-26-020117 |
| Document: 0001140361-26-020117.txt | 0001140361-26-020117 |
| 8-K Data (Synthetic) | 0001140361-26-020117 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 10, 2026 19w ago | 425 | $3.64 $4.71 | ▲ +29.57% | ▲ +22.99% | — |
Jun 10, 2026 19w ago | 8-K | $3.64 $4.71 | ▲ +29.57% | ▲ +22.99% | — |
May 26, 2026 21w ago | 425 | $5.20 $3.83 | ▼ −26.28% | ▼ −28.15% | — |
May 8, 2026 24w ago | 425 | $5.20 $3.89 | ▼ −25.12% | ▼ −29.51% | — |
May 8, 2026 24w ago | 8-K | $5.20 $3.89 | ▲ +25.12% | ▲ +29.51% | — |
May 6, 2026 24w ago | 3 | $5.20 $3.82 | ▼ −26.47% | ▼ −30.30% | — |
May 1, 2026 25w ago | 425 | $5.20 $3.64 | ▼ −29.93% | ▼ −31.79% | — |
Apr 23, 2026 26w ago | 144 | $5.20 $3.80 | ▼ −26.85% | ▼ −31.93% | — |
Apr 22, 2026 26w ago | 144 | $5.20 $3.55 | ▼ −31.66% | ▼ −36.68% | — |
Apr 7, 2026 28w ago | 425 | $5.20 $5.20 | · 0.00% | ▼ −10.46% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers