Should you invest in Trump Media?
If you're wondering whether you should buy Trump Media stock, you should first understand that this is a very risky stock. Not only is it newly public, but it's also unprofitable and has barely any revenue. For 2024, Trump Media reported a generally accepted accounting principles (GAAP) loss of $400.8 million, and it has had less than $1 million in revenue in each of the first two quarters of 2025.
The company has made big promises, and it launched its own streaming network, Truth+, last October with its own content delivery network and streaming apps. However, the new streaming service seems to have had trouble breaking through in a crowded entertainment landscape thus far. The company has not released any metrics about users.
Trump Media announced plans to branch out into financial services by launching the Truth.Fi FinTech brand, showing management's aim to make the company a sort of Trump-centric super-app that offers a wide range of services.
Trump Media's current results show that the business is in the development stage, but its market cap of more than $4.5 billion indicates big expectations from investors.