Losses widen for parent company of Trump’s Truth Social in Q3: How has the US President’s businesses fared in 2025?

Many of Donald Trump’s jobs are in trouble after he leaves the Oval Office for the first time in 2021. So how have things gone since then and where are they now as he returns for a second term as President of the United States?

Before becoming President, Trump was primarily a businessman. His empire covers a wide range of areas, from real estate, hotels and golf courses, to media and hotel businesses.

Donald Trump has also ventured into the cryptocurrency business since becoming President earlier this year.

How did Trump’s business progress?

According to a report by Reuters, the Trump Organization earned $802 million from the family’s crypto ventures in the first half of 2025; This resulted in huge revenue from its traditional businesses such as real estate, licensing deals and golf clubs, totaling $62 million during the period.

According to the Reuters report, crypto revenue came from two main sources: $463 million from World Liberty Financial token sales and $336 million from TRUMP meme coin sales.

Other income for the Trump Organization came from golf clubs and hotel businesses.

But the same cannot be said for Truth Social’s parent company, Trump Media and Technology Group, whose business has plummeted.

The company reported a net loss of $54.8 million in a statement filing third-quarter earnings with the Securities and Exchange Commission on Friday. This was larger than the $19.2 million loss reported during the same period last year.

Revenue for the quarter totaled $973,000, according to the filing.

Trump Media and Technology Group’s Bitcoin holdings fell by $48 million. But those losses were partially offset by a $33 million gain in Cronos, another cryptocurrency with which Trump has been associated.

Trump Media, which has consistently posted losses since its founding, faces the challenge of turning its high-profile presence on Donald Trump’s Truth Social platform into a viable revenue stream. The company’s revenue is mainly generated from advertising on the platform.

Revenue for the quarter was $972,900, up 10% from the previous quarter and down 3.8% from the previous year. This was also well below the $4.1 million in revenue the company generated in 2023.

Trump Media also saw legal expenses of $20.3 million in the quarter, mostly from its merger with Digital World Acquisition in 2024 and subsequent IPO.

The company’s shares have been subject to high levels of volatility since its launch.