Trump Media & Technology (DJT) Operating Expenses (2021 - 2026)
Trump Media & Technology (DJT) posted quarterly 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 reported Operating Expenses for 6 consecutive years, with $294.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 629.4% year-over-year to $294.4 million; the TTM figure through Mar 2026 stood at $830.7 million (up 534.67% YoY), while the FY2025 annual figure was $576.7 million, up 204.09% from the prior year.
- Operating Expenses slipped to $294.4 million in Q1 2026 per DJT's latest filing, from $433.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $433.3 million in Q4 2025 and bottomed at $397734.0 in Q1 2022.
- Historically, Operating Expenses has averaged $65.0 million across 5 years, with a median of $21.2 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 116737.03% — and 2023, when it slumped 71.35%.
- Trump Media & Technology's Operating Expenses stood at $21.2 million in 2022, then plunged by 71.35% to $6.1 million in 2023, then jumped by 663.97% to $46.4 million in 2024, then soared by 834.47% to $433.3 million in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,206.86 Bn | 3,777.82 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,538.10 Bn | 1,447.84 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 289.19 Bn | 284.70 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 102.90 Bn | 92.66 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | Trump Media & Technology | 2.47 Bn | 2.47 Bn | -629,800.00 | 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 |