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Trump Media & Technology Group (DJT) Q3 FY2026 earnings: revenue $3 million, up 205.0% on the year

Trump Media & Technology Group Corp. (DJT) reported revenue of $3 million for Q3 FY2026, the quarter ended 30 September 2026, up 205.0% on the same quarter a year earlier. Net income was $410 million, and diluted earnings per share $1.38. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue
$3 million
+205.0% on the year · +77.7% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
11949.5%
-5926.4% a year earlier
Q4 FY2024Q3 FY2026
Net income
$410 million
Q4 FY2024Q3 FY2026
Diluted EPS
$1.38
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 kept.

  • Revenue rose 205% year over year: Revenue was $3.0 million for the quarter, up 205% from $1.0 million a year earlier. Management attributed the growth to recurring subscription revenue.
  • Net income came from non-cash gains: Net income was $409.7 million, mostly from non-cash gains of $496.1 million on digital assets, pledged digital assets and equity securities.
  • Truth API and Truth+ drove subscription growth: Subscription growth of $1.8 million in the Media segment came from Truth API, the company's first data licensing product, and from Truth+.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue3.01.71.0+77.7%+205.0%
Cost of revenue0.50.50.4+7.6%+20.4%
Gross profit2.41.20.5+107.7%+361.8%
Gross margin81.9%70.1%54.1%
Research and development8.88.28.3+7.0%+5.8%
Selling, general and administrativen/an/a31.1
Operating income355-164-57.7
Operating margin11949.5%-9792.4%-5926.4%
Interest expense11.911.711.5+1.8%+4.1%
Pre-tax income410-238-54.8
Income tax0.10.10.1-25.4%-12.8%
Effective tax rate0.0%n/an/a
Net income410-238-54.8
Net margin13812.4%-14256.2%-5633.5%
Diluted EPS$1.38-$0.86-$0.20
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-14.8-31.610.1
Capital expenditure0.00.00.0+241.9%-24.3%
Free cash flow-14.8-31.610.1
Free cash flow margin-497.6%-1890.8%1034.0%
Cash from investing-14.2-1.8-1,841
Cash from financing-4.00.0-11.0
Depreciation and amortisation1.91.91.9-0.8%-2.6%
Share-based compensation9.48.110.5+16.6%-10.2%
Buybacks0.00.06.4
Diluted shares, weighted306m277m278m+10.5%+10.3%
Shares outstanding at period end278m278m280m+0.2%-0.6%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity1,4421,0232,278+41.0%-36.7%
Non-controlling interest0.20.00.2+4,620.4%+21.7%
Debt977970951+0.7%+2.8%
Operating lease liabilities1.51.81.9-16.4%-21.2%
Other liabilities56.424.134.3+134.3%+64.5%
Total liabilities and equity2,4782,0193,265+22.7%-24.1%
Fixed assets1.62.13.6-21.7%-54.4%
Goodwill1211211210.0%0.0%
Intangible assets15.717.121.2-8.2%-26.1%
Investmentsn/an/a550
Cash and equivalents182215166-15.4%+9.8%
Receivablesn/a0.30.3
Other assets2,1571,6632,403+29.7%-10.2%
Total assets2,4782,0193,265+22.7%-24.1%

Questions

What was Trump Media & Technology Group's revenue in Q3 FY2026?

Trump Media & Technology Group (DJT) reported revenue of $3 million for Q3 FY2026, the quarter ended 30 September 2026, up 205.0% on the same quarter a year earlier.

How much did Trump Media & Technology Group earn in Q3 FY2026?

Net income for Q3 FY2026 was $410 million, and diluted earnings per share $1.38.

When did Trump Media & Technology Group report Q3 FY2026 results?

Trump Media & Technology Group filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 13 quarters

Q2 FY2023Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue1.21.10.80.81.01.00.80.91.01.00.91.73.0
Cost of revenue0.00.00.10.00.10.40.30.30.40.51.50.50.5
Gross profit1.21.00.70.80.90.60.50.50.50.5-0.61.22.4
Gross margin97%96%88%96%88%63%59%61%54%45%-72%70%82%
R&D2.22.233.24.93.97.212.613.08.38.98.48.28.8
SG&A2.31.564.813.417.734.725.228.631.134.337.9n/an/a
Operating income-3.8-3.0-98.4-18.7-23.7-45.4-39.5-43.5-57.7-432-293-164355
Operating margin-316%-283%-12765%-2229%-2340%-4535%-4814%-4926%-5926%-43011%-33688%-9792%11950%
Interest expense20.615.12.8-0.20.20.20.24.111.511.611.511.711.9
Pre-tax income-22.8-26.0-328-16.4-19.2-37.6-31.7-19.7-54.8-606-406-238410
Tax raten/an/an/an/an/an/an/an/an/an/an/an/a0%
Net income-22.8-26.0-328-16.4-19.2-37.6-31.7-20.0-54.8-606-406-238410
Net margin-1910%-2430%-42518%-1956%-1904%-3763%-3863%-2262%-5633%-60241%-46581%-14256%13812%
Diluted EPS-$0.26-$0.30-$3.61-$0.10-$0.10n/a-$0.14-$0.08-$0.20n/a-$1.47-$0.86$1.38
Operating cash flown/a-3.1-9.3-21.4-21.9-8.3-9.72.310.112.117.9-31.6-14.8
Capital expendituren/a0.00.02.12.90.00.00.60.00.00.00.00.0
Free cash flown/a-3.1-9.3-23.6-24.8-8.3-9.71.810.112.117.9-31.6-14.8
Buybacksn/an/a0.00.02.90.08.30.06.438.90.00.00.0
Shares outstanding195m217m221m191m214m221m221m277m280m277m277m278m278m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.