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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |