Archive · 7 Nov 2025
Truth Social Parent Company's Losses Widen in Q3, Trump Businesses Show Mixed Results
Imagine a businessman named Donald Trump who owns many companies.
Some of his companies are doing really well, especially ones that deal with digital money like special tokens and online coins.
These digital money companies made a lot of money, more than his older businesses like hotels and golf courses.
However, one of his companies, the one that runs a social media app called Truth Social, is not doing so well.
This company lost more money in the last three months than it did last year.
It's hard for them to make enough money from people using the app, and they also had to pay a lot for lawyers.
So, while some parts of his business empire are booming, others are facing big money problems.
Trump Media and Technology Group, parent of Truth Social, reported a Q3 net loss of $54.8 million, wider than the previous year's loss.
The company's Q3 revenue was $973,000, a slight increase from the previous quarter but down from the prior year.
The Trump Organization reportedly earned $802 million from crypto ventures in the first half of 2025, surpassing traditional business income.
Traditional businesses like real estate and golf clubs generated $62 million in the first half of 2025.
Trump Media incurred $20.3 million in legal expenses in the quarter related to its merger and going public.
- Who
- Donald Trump, Trump Organization, Trump Media and Technology Group (Truth Social parent company)
- What
- Report on financial performance of Trump's businesses, with widening losses for Truth Social's parent company and significant earnings from crypto ventures for the Trump Organization.
- When
- Third quarter earnings filing (Friday), First half of 2025 (for crypto earnings), Recent period (since becoming President again).
- Where
- United States (implied for business operations and filings).
- Why
- To report on the financial status of Donald Trump's diverse business ventures, highlighting a contrast between crypto and traditional businesses versus the struggles of Trump Media.
Trump's Businesses Show Growth
Challenges for Truth Social Parent Company
Revenue Sources
Trump's Businesses Show Growth
Trump Organization reportedly earned $802 million from crypto ventures in H1 2025, far exceeding traditional businesses.
Challenges for Truth Social Parent Company
Trump Media and Technology Group's revenue for Q3 was $973,000, down 3.8% from the previous year.
Financial Performance
Trump's Businesses Show Growth
Crypto income from World Liberty Financial token sales and $TRUMP meme coin sales significantly boosted earnings.
Challenges for Truth Social Parent Company
Trump Media and Technology Group reported a net loss of $54.8 million in Q3, a wider loss than the previous year.
Overall Business Health
Trump's Businesses Show Growth
Traditional businesses like real estate, licensing, and golf clubs generated $62 million in H1 2025.
Challenges for Truth Social Parent Company
Trump Media faces challenges converting Trump's high-profile presence into a viable revenue stream, with losses since inception.
- Trump Organization Crypto Earnings (H1 2025)
- $802 million
- Trump Organization Traditional Business Earnings (H1 2025)
- $62 million
- Trump Media Q3 Net Loss
- $54.8 million
- Trump Media Q3 Revenue
- $973,000
- Trump Media Legal Expenses (Q3)
- $20.3 million
- Trump Media Bitcoin Holdings Reduction
- $48 million