It’s Pride Month, and we’re seeing Schrodinger’s marketing, as brands try to be each in and out of the closet with their support of the LGBTQ+ community.
It’s no secret that since the 2024 presidential election, corporate support for the 31 million Americans in this community has dropped faster than a disco ball on New Year’s Eve. Gravity Research’s 2025 Pride Pulse Poll reported that 39% of corporations reduced overall Pride Month engagement in 2025, up from just 9% in 2024.
More recently, only 131 Fortune 500 corporations were willing to participate in the Human Rights Campaign’s “2026 Corporate Equality Index,” down 65% from 377 the yr before.
On the ground, Pittsburgh Pride organizers expect to raise only 30%-40% of the sponsorship money they got a couple of years ago. Tampa Pride announced a one-year hiatus after a slew of corporations dropped their sponsorships. Phoenix Pride recently declared bankruptcy, and Tucson Pride went out of business. NYC Pride reported a 25% drop in corporate sponsorships.
Speaking of NYC Pride, Matt Skallerud, president of Pink Media marketing communications, has an in-depth take a look at the major brands that backed out of supporting the event:
- Mastercard — Platinum last yr, out in 2026.
- Target — “silent partner,” no public mention.
- Garnier — Platinum last yr, out in 2026
- Skyy Vodka — Platinum last yr, out in 2026, sponsoring a house party.
- Citi — drastically reduced support.
- Nissan — drastically reduced.
- PepsiCo — drastically reduced.
- PricewaterhouseCoopers — drastically reduced.
“What do those brands have in common?” he wrote. “They were, by and large, in it for the optics — the visibility, the quarterly DEI metrics, the association with a premium cultural moment.”
The rainbow got here down, but the targeting stayed up
And, many of them are still trying to have it each ways, by continuing to goal the LGBTQIA+ community with lower profile marketing.
Mastercard still promotes its True Name program, which says it’s “Empowering LGBTQIA+ Community to be Their True Self.” Target, meanwhile, only has Pride merchandise in a “limited number” of stores, but it surely stays available online, where it may possibly rejoice inclusion from a safer distance.
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To be fair, Mastercard is sort of participating in NYC Pride, paying for a bunch of about 100 employees to carry the company’s banner in the event’s parade. Similarly, in San Francisco, Starbucks will hand out coffee to Pride marchers, but is skipping a company donation for the event. It’s the corporate way of saying, “Some of our greatest friends are gay.”
It’s vital to note Skallerud’s list of the brands that stepped up when others stepped back.
- L’Oréal — sole remaining Platinum sponsor
- Deutsche Bank — increased to Platinum, $100K commitment
- Marriott — #LoveTravels, long-term LGBTQ+ program
- Hilton — LGBTQ+ travel program, continued
- Wegmans — consistent community presence
- Giant Food — continued Pride commitment
- VIDA Fitness — standing by the community
Brands aren’t fooling anyone
The change of support for Pride Month is noticed by consumers, and not only in the LGBTQ+ community. An Omnisend study found that 37% of U.S. consumers are very aware of brands pulling back from Pride initiatives over the last yr. The trend is most pronounced amongst Gen Zs (69%-75%), Millennials (66%-78%), and LGBTQ+ community members (76%-85%).

Being inconsistent on vital issues hurts brands with all consumers, not only the community the company was trying to connect with. Research by Australia’s University of New South Wales found liberal and conservative consumers dislike brands that appear inauthentic or opportunistic in their political stances. That’s true regardless of whether or not they agree or disagree with the brand’s stance, latest or old.
One problem for brands that go whichever way the political wind blows is that the wind changes direction. Frequently.
Mintel’s “U.S. Diversity, Equity, Inclusion and Belonging Consumer Report” found that consumer support for DEI efforts rose from 42% to 56% in a single yr, a striking increase during a period when many brands pulled back. The report also found brands that held firm on their DEI commitments saw their purchase consideration tick upward, while brands that rolled back saw their momentum turn negative.
Furthermore, a GLAAD-commissioned poll of 5,010 U.S. adults found 68% consider brands and corporations should be able to show support for the LGBTQ community during Pride.
Bottom line: Just don’t do it
In the AI era, authenticity is the most significant brand value. Companies that waffle on an external issue would be best served by shutting up about it. As the Bible says, “Even fools are thought clever in the event that they keep silent.”
Marketers are currently modeling “backlash exposure” to avoid controversy, but the data indicate they’re miscalculating the financial risk. Overlooked, highly loyal Gen Z and Millennial audiences are actively tracking who stands firm and who runs away — and they’ve long memories.
The post Brands want to be in and out of the closet for Pride Month appeared first on MarTech.
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