Trump Media & Technology (DJTWW) Research & Development (2023 - 2026)
Trump Media & Technology (DJTWW) 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% on a QoQ basis from $8.9 million in Q4 2025.
Trump Media & Technology (DJTWW) has 4 years of Research & Development data on file, last reported at $8.4 million in Q1 2026.
- Quarterly Research & Development fell 33.13% year-over-year to $8.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.6 million (up 35.43% YoY) and the FY2025 annual result came in at $42.8 million, down 12.89% from the prior year.
- Research & Development eased to $8.4 million in Q1 2026 per DJTWW's latest filing, from $8.9 million in the prior quarter.
- Across five years, Research & Development topped out at $33.2 million in Q1 2024 and bottomed at $2.2 million in Q2 2023.
- The 4-year median for Research & Development is $7.2 million (2024), against an average of $8.5 million.
- The widest annual swing landed in 2024, when Research & Development soared 1079.14%; it then plunged 62.11% in 2025.
- Tracing DJTWW's Research & Development over 4 years: stood at $2.5 million in 2023, then jumped by 187.21% to $7.2 million in 2024, then rose by 23.3% to $8.9 million in 2025, then declined by 5.23% to $8.4 million in 2026.
- Per Business Quant, the three latest DJTWW Research & Development figures stand at $8.4 million (Q1 2026), $8.9 million (Q4 2025), and $8.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 17.03 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 17.70 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 387.52 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 207.25 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 67.40 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 380.79 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -61.44 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 478.30 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 116.81 Mn |
| 10 | Trump Media & Technology | - | - | 180,000.00 | 8.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |