Trump Media & Technology Group Reports Third Quarter 2026 Results
Globe Newswire•09/11/2026•16:05 ET
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Key Highlights
- ➤$2.5 billion total assets, including approximately $2.3 billion in financial assets
- ➤Third-quarter revenue $3.0 million, up 205% year-over-year
- ➤SEC declared TMTG’s S-4 registration statement for the TAE merger effective November 5
- ➤TMTG reported $409.7 million net income, primarily reflecting non-cash gains
- ➤TAE drew the remaining $100.0 million under its convertible promissory note
Expert Statements
Kevin McGurn, Interim CEO of TMTG
“We’ve remained committed to capitalizing on our business fundamentals, and that focus is paying off,” said Kevin McGurn, Interim CEO of TMTG. “Revenue grew 205% year-over-year on recurring subscription revenue, our cost structure is inherently leaner, and our balance sheet gives us real flexibility. With our S-4 effective and our special meeting set for December 14th, we are advancing an exciting new chapter for our shareholders. Our commitment to building independent, uncancellable media technology remains unwavering, while TAE’s groundbreaking innovations represent an extraordinary opportunity to advance American energy independence. Both reflect the power of American innovation and our commitment to creating long-term shareholder value.”
~ Total Assets of $2.5 Billion and Over $2.3 Billion in Financial Assets* ~
~ Form S-4 Registration Statement for Proposed Merger with TAE Technologies Declared Effective by SEC ~
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