Trump Media & Technology (DJT) Operating Expenses (2021 - 2026)

Trump Media & Technology (DJT) reported Operating Expenses of $294.4 million for Q1 2026, up 629.4% year-over-year from $40.4 million in Q1 2025, and down 32.07% quarter-over-quarter from $433.3 million in Q4 2025.

Trump Media & Technology (DJT) Operating Expenses (2021 - 2026) Analysis & Trends

Trump Media & Technology (DJT) has 6 years of Operating Expenses data on file, last reported at $294.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $294.4 million, up 629.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $830.7 million (up 534.67% YoY), and the FY2025 annual result was $576.7 million, up 204.09% from the prior year.
  • Operating Expenses declined to $294.4 million in Q1 2026 per DJT's latest filing, from $433.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $433.3 million in Q4 2025 and troughed at $397734.0 in Q1 2022.
  • A 5-year average of $65.0 million and a median of $21.2 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 116737.03% in 2022, then slumped 71.35% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $21.2 million in 2022, then tumbled by 71.35% to $6.1 million in 2023, then soared by 663.97% to $46.4 million in 2024, then surged by 834.47% to $433.3 million in 2025, then tumbled by 32.07% to $294.4 million in 2026.
  • Business Quant data shows DJT's Operating Expenses at $294.4 million in Q1 2026, $433.3 million in Q4 2025, and $58.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 527.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 70.20 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 33.44 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 512.79 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 480.50 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 1.09 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -209.66 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.60 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 483.00 Mn
10 Trump Media & Technology 2.29 Bn 2.29 Bn 180,000.00 294.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 294.36 Mn
Dec 31, 2025 433.35 Mn
Sep 30, 2025 58.63 Mn
Jun 30, 2025 44.39 Mn
Mar 31, 2025 40.36 Mn
Dec 31, 2024 46.37 Mn
Sep 30, 2024 24.67 Mn
Jun 30, 2024 19.50 Mn
Mar 31, 2024 99.12 Mn
Dec 31, 2023 6.07 Mn
Sep 30, 2023 4.10 Mn
Jun 30, 2023 4.92 Mn
Mar 31, 2023 4.92 Mn
Dec 31, 2022 21.19 Mn
Sep 30, 2022 2.12 Mn
Jun 30, 2022 864,594.00
Mar 31, 2022 397,734.00
Dec 31, 2021 807,898.00
Sep 30, 2021 160,072.00
Jun 30, 2021 740.00