NASDAQ$DJT

Trump Media & Technology Group · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Trump Media reported Q3 2025 net sales of $0.97M with a net loss attributable to common stockholders of $54.8M.

Net sales were under $1 million; operating loss reflected high SG&A and R&D on Truth Social and related initiatives. Fair-value marks on digital assets and interest expense contributed to the loss. The company holds substantial cash and short-term investments from prior financing.

  • Minimal Q3 net sales; platform monetization still early.
  • Operating loss driven by corporate and development spend.
  • Digital asset fair-value gains partially offset expenses.
  • Cash and investments provide multi-year liquidity.

Headline financials

Total Revenue

$973K

Previous: $1.01M-3.8%
EPS (adj)

-$0.20

Previous: -$0.10-100.0%
Capital Expenditures

-$570K

Previous: -$5.03M+88.7%
Free Cash Flow

-$55.4M

Previous: -$24.3M-128.3%
Net Income

-$54.8M

Previous: -$19.2M-185.0%
Operating Income

-$57.7M

Previous: -$23.7M-143.8%
Gross Profit

$526K

Previous: $888K-40.7%

Revenue & EPS history

TMTG · Revenue · Quarterly

$973K

Q3 2025-3.8%vs Q3 2024

Forward guidance

Turnaround and integration stories focus on synergy, attendance, and path to profitability.

Tailwinds

  • Liquidity and asset base.
  • Operational initiatives.
  • Strategic transactions or portfolio actions.

Headwinds

  • GAAP volatility from impairments.
  • Leverage and execution risk.
  • Cyclical demand.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.5%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-0.0%

Avg return

30 days after

25%

3 / 12 earnings

Positive

+4.7%

Q3 2024

Best reaction

-13.2%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-0.8%-8.3%
Q4 2025+3.5%+0.3%-18.6%
Q3 2025-1.7%-5.2%-14.8%
Q4 2024+0.0%+1.2%+3.6%
Q1 2025-1.0%+3.5%-16.9%
Q3 2024+4.7%-7.1%-1.7%
Q2 2024-5.5%-9.0%-35.1%
Q1 2024-13.2%-10.0%-38.5%
Q4 2023+0.0%-1.5%+116.0%
Q3 2023-1.8%+4.0%-2.4%
Q2 2023+0.3%+6.9%+18.6%
Q4 2022-2.2%-2.4%-2.5%

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