Trump Media Posts $410 Million Profit in Q3 on Crypto Gains
Nov 10, 2026
Trump Media swung from a loss to a $409.7 million profit in Q3, with gains from its crypto holdings driving most of the turnaround.
From Loss to Big Profit
Trump Media and Technology Group just posted a massive turnaround in its latest earnings. The company reported a net income of $409.7 million in the third quarter, compared with a net loss of $54.8 million during the same period last year.
The swing wasn't driven by subscriptions or ad revenue picking up overnight. Instead, gains tied to the company's crypto holdings did most of the heavy lifting, showing just how much crypto exposure can move the needle on a balance sheet.
A Growing Trend
More public companies have been adding crypto to their treasuries over the past couple of years, and the results can swing wildly depending on market conditions. Trump Media's latest numbers are a pretty clear example of that volatility working in a company's favor for once.
Whether this kind of profit holds up next quarter will depend a lot on where crypto prices go from here.