Trump Media & Technology Group reports a $405.9M net loss for Q1 2026, driven largely by non-cash unrealized losses.
Trump Media & Technology Group (DJT) reported a net loss of $405.9M for the first quarter of 2026, alongside an Adjusted EBITDA loss of $387.8M. The losses were primarily attributed to non-cash charges, including $368.7M in unrealized losses on digital assets, digital assets pledged, and equity securities, as well as $11.5M in accreted interest.
The company’s results reflect significant unrealized losses, contrasting with prior periods where similar non-cash adjustments were noted. No prior quarter or consensus estimates were provided for comparison.
Market reaction to the results was not detailed in the release.