Trump Media & Technology (DJT) Research & Development (2023 - 2026)
Trump Media & Technology (DJT) posted quarterly Research & Development of $691200.0 for Q1 2026, down 94.5% year-over-year from $12.6 million in Q1 2025, and up 102.2% quarter-over-quarter from -$31.4 million in Q4 2025.
Trump Media & Technology (DJT) Research & Development (2023 - 2026) Analysis & Trends
Trump Media & Technology (DJT) has reported Research & Development for 4 consecutive years, with $691200.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 94.5% year-over-year to $691200.0; the TTM figure through Mar 2026 stood at -$29.4 million (down 226.54% YoY), while the FY2025 annual figure was $2.5 million, down 60.84% from the prior year.
- Research & Development advanced to $691200.0 in Q1 2026 per DJT's latest filing, from -$31.4 million in the prior quarter.
- Across five years, Research & Development topped out at $33.2 million in Q1 2024 and bottomed at -$31.4 million in Q4 2025.
- Historically, Research & Development has averaged $2.5 million across 4 years, with a median of $1.9 million in 2024.
- Annual changes were most pronounced in 2024 — Research & Development jumped 1151.7% — and 2025, when it plunged 1711.83%.
- Trump Media & Technology's Research & Development stood at $301500.0 in 2023, then soared by 546.3% to $1.9 million in 2024, then slumped by 1711.83% to -$31.4 million in 2025, then surged by 102.2% to $691200.0 in 2026.
- Business Quant data shows DJT's Research & Development at $691200.0 in Q1 2026, -$31.4 million in Q4 2025, and $717500.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Trump Media & Technology | 2.52 Bn | 2.52 Bn | -629,800.00 | 691,200.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 691,200.00 |
| Dec 31, 2025 | -31.41 Mn |
| Sep 30, 2025 | 717,500.00 |
| Jun 30, 2025 | 556,000.00 |
| Mar 31, 2025 | 12.56 Mn |
| Dec 31, 2024 | 1.95 Mn |
| Sep 30, 2024 | 3.89 Mn |
| Jun 30, 2024 | 4.86 Mn |
| Mar 31, 2024 | 33.16 Mn |
| Dec 31, 2023 | 301,500.00 |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 388,400.00 |
| Mar 31, 2023 | 2.81 Mn |