Trump Media & Technology (DJT) Research & Development (2023 - 2026)

Trump Media & Technology (DJT) reported Research & Development of $8.4 million for Q1 2026, down 33.13% year-over-year from $12.6 million in Q1 2025, and down 5.23% quarter-over-quarter from $8.9 million in Q4 2025.

Trump Media & Technology (DJT) Research & Development (2023 - 2026) Analysis & Trends

Trump Media & Technology (DJT) has 4 years of Research & Development data on file, last reported at $8.4 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $8.4 million, down 33.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.6 million (up 35.43% YoY), and the FY2025 annual result was $42.8 million, down 12.89% from the prior year.
  • Research & Development slipped to $8.4 million in Q1 2026 per DJT's latest filing, from $8.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $33.2 million in Q1 2024 and troughed at $2.2 million in Q2 2023.
  • A 4-year average of $8.5 million and a median of $7.2 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 1079.14% in 2024, then slumped 62.11% in 2025.
  • A 4-year view of Research & Development shows it stood at $2.5 million in 2023, then soared by 187.21% to $7.2 million in 2024, then advanced by 23.3% to $8.9 million in 2025, then retreated by 5.23% to $8.4 million in 2026.
  • Business Quant data shows DJT's Research & Development at $8.4 million in Q1 2026, $8.9 million in Q4 2025, and $8.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 387.52 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 207.25 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -61.44 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 478.30 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 150.00 Mn
10 Trump Media & Technology 2.29 Bn 2.29 Bn 180,000.00 8.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.40 Mn
Dec 31, 2025 8.87 Mn
Sep 30, 2025 8.30 Mn
Jun 30, 2025 13.04 Mn
Mar 31, 2025 12.56 Mn
Dec 31, 2024 7.19 Mn
Sep 30, 2024 3.89 Mn
Jun 30, 2024 4.86 Mn
Mar 31, 2024 33.16 Mn
Dec 31, 2023 2.50 Mn
Sep 30, 2023 2.20 Mn
Jun 30, 2023 2.20 Mn
Mar 31, 2023 2.81 Mn