The claim
“Last year Trump Media generated $3.7 million in revenue and made a net loss of $712 million.”
Background in coverage of Trump Media's finances.
Our verdict
True
Trump Media's 2025 results show $3.7m revenue and a $712.3m net loss, mostly from bitcoin-related accounting losses.
What we found
The company's fiscal 2025 filings report revenue of about $3.7 million and a consolidated net loss of $712.3 million, including $403.2 million in mark-to-market losses on digital assets. The claim is accurate.
The evidence
- Supports the claim
Trump Media reported a $712.3m consolidated net loss and $3.7m revenue for 2025. [1]
How we checked
We checked the claim against Stock Titan (SEC filing). We reviewed 1 relevant source.
Sources
- [1]Stock Titan (SEC filing) · Trump Media & Technology Group 8-K
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