Trump Media reported $409.7 million in Q3 net income, driven largely by non-cash items, alongside $496.1 million in digital asset and equity gains.

Trump Media & Technology Group reported $409.7 million in net income for the third quarter of 2026, saying most of it reflected non-cash items, as gains on digital assets and equity securities drove the result.

The company announced the results for the quarter ended Sept. 30 in its Nov. 9 earnings release, furnished with a Form 8-K. It reported combined net realized and unrealized gains on digital assets and pledged digital assets and equity securities of $496.1 million.

Trump Media reported $3 million in quarterly revenue and a $12.3 million loss in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).

The release's reconciliation and accompanying quarterly filing separately identify $378.1 million in realized and unrealized gains on digital assets and digital assets pledged, namely Bitcoin and Cronos.

Digital assets and pledged digital assets supplied most of the combined gain pool. Equity-security gains made up the rest; reported net income was $409.7 million.

The $378.1M digital-asset line includes pledged-asset revaluation, other digital-asset revaluation and derecognition gains.

Published unrealized and realized equity gains sum to $118.0M, rounded. The company says gains were driven primarily by bitcoin-related securities.

The $496.1M gain pool combines digital assets and securities. It is distinct from $409.7M in net income.

Realized, unrealized and derecognition gains are accounting categories, not equivalent cash proceeds. The gain pool is not a complete net-income bridge; other income and expenses also enter earnings.

Source link