Trump Media & Technology (DJTWW) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DJTWW SEC filings page.
Trump Media & Technology (DJTWW) reported $4.5M in revenue over the twelve months to Jun 30, 2026, up 21.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financing flows now support a tiny-revenue operation, while operating losses widen and cash conversion diverges from earnings.
In FY2025, revenue was$3.7M while operating loss reached$573.0M , making reported profitability vastly disconnected from the sales base. Operating cash flow was$14.8M and free cash flow was$14.2M , indicating that the accounting loss included effects that did not consume operating cash in the same period.
Assets reached
Research and development was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Trump Media & Technology's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Trump Media & Technology held $439.6M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations generated $14.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Trump Media & Technology scores 85/100 among other emerging companies.
Trump Media & Technology had 277M shares outstanding at the end of fiscal year 2025, against 220M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Trump Media & Technology scores 21/100 among other emerging companies.
Trump Media & Technology spent $42.8M on research and development in fiscal year 2025, which was 7.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Trump Media & Technology scores 29/100 among other emerging companies.
Trump Media & Technology reported revenue of $3.7M in fiscal year 2025, against $3.6M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Trump Media & Technology scores 36/100 among other emerging companies.
Trump Media & Technology's operations generated $14.8M of cash in fiscal year 2025, against $61.0M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Trump Media & Technology scores 96/100 among other emerging companies.
Trump Media & Technology's cash, cash equivalents and investments came to $439.6M at the end of fiscal year 2025, against $982.8M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Trump Media & Technology scores 40/100 among other emerging companies.
Trump Media & Technology scores -1.64, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.5B) relative to total liabilities ($982.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Trump Media & Technology passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Trump Media & Technology reported a net loss of $712.3M while generating $14.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Trump Media & Technology reported an operating loss of $573.0M against $27.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Trump Media & Technology generated $1.7M in revenue in Q2 2026. This represents an increase of 89.0% from the same quarter a year earlier. Against the prior quarter it is up 91.7%.
Trump Media & Technology's EBITDA was -$161.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 287.9% from the same quarter a year earlier. Against the prior quarter it is up 44.6%.
Trump Media & Technology reported -$238.0M in net income in Q2 2026. This represents a decrease of 1091.2% from the same quarter a year earlier. Against the prior quarter it is up 41.4%.
Trump Media & Technology earned -$0.86 per diluted share (EPS) in Q2 2026. This represents a decrease of 975.0% from the same quarter a year earlier. Against the prior quarter it is up 41.5%.
Cash & Balance Sheet
Trump Media & Technology recorded an outflow of $31.6M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 1903.4% from the same quarter a year earlier. Against the prior quarter it is down 276.5%.
Trump Media & Technology held $215.5M in cash against $460K in long-term debt as of Q2 2026, with $993.2M of liabilities due within a year.
Not reported for Q2 2026.
Margins & Returns
Trump Media & Technology's gross margin was 70.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 8.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 142.3 percentage points.
Trump Media & Technology's ROE was -23.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 22.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.1 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Trump Media & Technology invested $8.2M in research and development in Q2 2026. This represents a decrease of 37.1% from the same quarter a year earlier. Against the prior quarter it is down 2.3%.
Trump Media & Technology repurchased no shares in Q2 2026.
Trump Media & Technology invested $3K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 99.4% from the same quarter a year earlier. Against the prior quarter it is down 57.5%.
DJTWW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M+89.0% | $871K+6.1% | $1.0M+0.5% | $973K-3.8% | $883K+5.5% | $821K+6.6% | $1.0M+33.1% | $1.0M-5.6% |
| Cost of Revenue | $500K+45.8% | $1.5M+345.8% | $549K+49.9% | $447K+262.4% | $343K+847.2% | $337K+260.5% | $366K+790.8% | $123K+198.5% |
| Gross Profit | $1.2M+116.5% | -$630K-230.0% | $456K-28.1% | $526K-40.7% | $540K-32.5% | $485K-28.4% | $634K-10.7% | $888K-13.8% |
| R&D Expenses | $8.2M-37.1% | $8.4M-33.1% | $8.9M+23.3% | $8.3M+113.2% | $13.0M+168.2% | $12.6M-62.1% | $7.2M+187.2% | $3.9M+76.8% |
| SG&A Expenses | $35.9M+25.6% | $37.9M+50.7% | $34.3M-1.2% | $31.1M+75.5% | $28.6M+113.3% | $25.2M-61.1% | $34.7M+980.5% | $17.7M+1072.8% |
| Operating Income | -$163.5M-275.8% | -$293.5M-642.3% | -$432.3M-852.9% | -$57.7M-143.8% | -$43.5M-133.2% | -$39.5M+59.8% | -$45.4M-753.1% | -$23.7M-680.7% |
| EBITDA | -$161.6M-287.9% | -$291.6M-672.4% | -$430.4M-896.1% | -$55.8M-143.5% | -$41.7M-123.4% | -$37.8M+61.6% | -$43.2M-714.4% | -$22.9M-659.2% |
| Interest Expense | $11.7M+185.9% | $11.5M+6040.1% | $11.6M+6218.7% | $11.5M+4551.2% | $4.1M+2701.5% | $187K-93.4% | $183K | $247K-98.4% |
| Income Tax | $99K-68.1% | $99K | $165K | $85K | $310K | $0 | $0-100.0% | $0 |
| Net Income | -$238.0M-1091.2% | -$405.9M-1179.3% | -$605.8M-1509.0% | -$54.8M-185.0% | -$20.0M-22.1% | -$31.7M+90.3% | -$37.6M-310.2% | -$19.2M+26.1% |
| EPS (Basic) | -$0.86-975.0% | -$1.47-950.0% | -$2.37-23800.0% | -$0.20-100.0% | -$0.08+20.0% | -$0.14+96.1% | $0.01+109.1% | -$0.10+66.7% |
| EPS (Diluted) | -$0.86-975.0% | -$1.47-950.0% | -$2.37-23800.0% | -$0.20-100.0% | -$0.08 | -$0.14 | $0.01+109.1% | -$0.10 |
| Diluted Shares (Avg) | 277M+15.3% | 277M+25.5% | N/A | 278M+38.4% | 241M | 221M | N/A | 201M |
DJTWW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.0B-37.8% | $2.2B+143.4% | $2.6B+180.3% | $3.3B+289.8% | $3.2B+810.9% | $918.9M+234.8% | $938.3M+27795.3% | $837.8M+169.8% |
| Current Assets | $948.9M-69.4% | $1.1B+37.1% | $1.2B+53.4% | $1.7B+141.9% | $3.1B+776.0% | $766.9M+179.8% | $784.3M+26206.8% | $682.1M+20661.2% |
| Cash & Equivalents | $215.5M-84.0% | $249.1M+70.4% | $134.6M-21.0% | $166.1M-55.4% | $1.3B+290.7% | $146.1M-37.5% | $170.2M+6517.0% | $372.1M+11226.3% |
| Short-Term Investments | $0-100.0% | $207.4M-66.2% | $305.1M-49.7% | $550.4M+83.0% | $619.3M | $612.9M | $606.5M | $300.7M |
| Accounts Receivable | $336K+5.8% | $222K+569.5% | $245K+1305.2% | $299K+1918.9% | $317K+1713.1% | $33K-29.9% | $17K-78.5% | $15K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $120.9M0.0% | $120.9M0.0% | $120.9M0.0% | $120.9M-8.5% | $120.9M | $120.9M | $120.9M | $132.2M |
| Total Liabilities | $996.2M+3.2% | $983.5M+3511.6% | $982.8M+3879.5% | $987.0M+4550.8% | $965.1M+6409.9% | $27.2M-57.6% | $24.7M-64.8% | $21.2M-94.2% |
| Current Liabilities | $993.2M+4152.7% | $980.2M+4809.7% | $980.1M+5564.8% | $38.6M+168.6% | $23.4M+63.4% | $20.0M-68.8% | $17.3M-73.5% | $14.4M-73.3% |
| Non-Current Liabilities | $3.0M-99.7% | $3.2M-55.7% | $2.7M-63.1% | $948.4M+13727.8% | $941.8M+177492.6% | $7.3M+4446.5% | $7.4M+52.5% | $6.9M-97.8% |
| Long-Term Debt | $460K-100.0% | $451K | $443K | $946.1M | $939.3M | N/A | N/A | N/A |
| Total Equity | $1.0B-55.2% | $1.3B+40.5% | $1.6B+80.2% | $2.3B+179.0% | $2.3B+567.9% | $891.7M+324.1% | $913.6M+1468.4% | $816.5M+1518.0% |
| Retained Earnings | -$4.3B-43.5% | -$4.1B-36.5% | -$3.7B-24.2% | -$3.1B-5.0% | -$3.0B-3.8% | -$3.0B-3.7% | -$2.9B-4310.9% | -$2.9B-4789.4% |
Not reported in any period shown, so not listed: Inventory.
DJTWW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$31.6M-1470.6% | $17.9M+283.7% | $12.1M+245.3% | $10.1M+146.0% | $2.3M+110.7% | -$9.7M-4.5% | -$8.3M-1237.1% | -$21.9M-606.8% |
| Depreciation & Amortization | $1.9M+1.9% | $1.9M+4.9% | $1.9M-11.9% | $1.9M+149.8% | $1.8M+49454.1% | $1.8M+31671.4% | $2.2M+17771.1% | $762K+5085.0% |
| Stock-Based Compensation | $8.1M-54.5% | $11.8M-33.7% | N/A | $10.5M+22854.5% | $17.7M | $17.9M-78.9% | N/A | $46K |
| Capital Expenditures | $3K-99.4% | $7K+128.1% | $4K+46.2% | $14K-99.5% | $553K-74.2% | $3K | $3K | $2.9M |
| Free Cash Flow | -$31.6M-1903.4% | $17.9M+283.6% | $12.1M+245.2% | $10.1M+140.6% | $1.8M+107.4% | -$9.7M-4.6% | -$8.3M-1237.4% | -$24.8M-700.1% |
| Investing Cash Flow | -$1.8M+98.5% | $95.7M+1617.3% | -$294.2M+3.8% | -$1.8B-492.7% | -$125.7M-5770.8% | -$6.3M | -$305.8M | -$310.6M |
| Financing Cash Flow | $0-100.0% | $81K+101.0% | -$54.0M-148.1% | -$11.0M-103.1% | $2.3B+2374.5% | -$8.1M-102.9% | $112.3M | $360.7M+14328.0% |
| Share Buybacks | $0 | $0-100.0% | $38.9M | $6.4M+120.5% | $0 | $8.3M | $0 | $2.9M |
Not reported in any period shown, so not listed: Dividends Paid.
DJTWW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.1%+8.9pp | -72.3%-131.3pp | 45.4%-18.0pp | 54.1%-33.7pp | 61.2%-34.5pp | 59.0%-28.9pp | 63.4%-31.1pp | 87.8%-8.3pp |
| Operating Margin | -9792.4% | -33687.8% | -43010.6% | -5926.4% | -4925.6% | -4814.3% | -4535.0% | -2340.0% |
| Net Margin | -14256.2% | -46589.1% | -60264.9% | -5637.6% | -2262.2% | -3863.4% | -3763.0% | -1904.1% |
| Return on Equity | -23.3%-22.4pp | -32.4%-28.8pp | -36.8%-32.7pp | -2.4%-0.1pp | -0.9%+3.9pp | -3.6%+152.2pp | -4.1% | -2.4% |
| Return on Assets | -11.8%-11.2pp | -18.1%-14.7pp | -23.0%-19.0pp | -1.7%+0.6pp | -0.6%+4.0pp | -3.5%+115.9pp | -4.0%+268.9pp | -2.3%+6.1pp |
| Current Ratio | 0.96-131.6x | 1.07-37.3x | 1.23-44.1x | 42.78-4.7x | 132.60+107.9x | 38.41+34.1x | 45.33+45.3x | 47.49+47.4x |
| Debt-to-Equity | 0.00-0.4x | 0.000.0x | 0.000.0x | 0.42+0.4x | 0.41+0.4x | 0.03-0.3x | 0.03 | 0.03 |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00-0.2x | 0.000.0x |
| FCF Margin | -1890.8% | 2052.6% | 1205.3% | 1034.0% | 198.2% | -1186.2% | -834.1% | -2450.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where Trump Media & Technology Ranks
Frequently Asked Questions
What is Trump Media & Technology's annual revenue?
Trump Media & Technology (DJTWW) reported $3.7M in total revenue for fiscal year 2025. This represents a 1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Trump Media & Technology's revenue growing?
Trump Media & Technology (DJTWW) revenue grew by 1.8% year-over-year, from $3.6M to $3.7M in fiscal year 2025.
Is Trump Media & Technology profitable?
No, Trump Media & Technology (DJTWW) reported a net income of -$712.3M in fiscal year 2025.
What is Trump Media & Technology's EBITDA?
Trump Media & Technology (DJTWW) had EBITDA of -$565.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Trump Media & Technology have?
As of fiscal year 2025, Trump Media & Technology (DJTWW) had $134.6M in cash and equivalents against $443K in long-term debt.
What is Trump Media & Technology's gross margin?
Trump Media & Technology (DJTWW) had a gross margin of 54.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trump Media & Technology's return on equity (ROE)?
Trump Media & Technology (DJTWW) has a return on equity of -43.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Trump Media & Technology's free cash flow?
Trump Media & Technology (DJTWW) generated $14.2M in free cash flow during fiscal year 2025. This represents a 121.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Trump Media & Technology's operating cash flow?
Trump Media & Technology (DJTWW) generated $14.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Trump Media & Technology's total assets?
Trump Media & Technology (DJTWW) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Trump Media & Technology's capital expenditures?
Trump Media & Technology (DJTWW) invested $574K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Trump Media & Technology spend on research and development?
Trump Media & Technology (DJTWW) invested $42.8M in research and development during fiscal year 2025.
What is Trump Media & Technology's current ratio?
Trump Media & Technology (DJTWW) had a current ratio of 1.23 as of fiscal year 2025, which is considered adequate.
What is Trump Media & Technology's debt-to-equity ratio?
Trump Media & Technology (DJTWW) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trump Media & Technology's return on assets (ROA)?
Trump Media & Technology (DJTWW) had a return on assets of -27.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Trump Media & Technology's P/E ratio?
Trump Media & Technology (DJTWW) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.5B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trump Media & Technology's price-to-sales ratio?
Trump Media & Technology (DJTWW) trades at 333x sales, its market capitalization divided by revenue of $4.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.5B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Trump Media & Technology's Altman Z-Score?
Trump Media & Technology (DJTWW) has an Altman Z-Score of -1.64, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Trump Media & Technology's Piotroski F-Score?
Trump Media & Technology (DJTWW) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trump Media & Technology's earnings high quality?
Trump Media & Technology (DJTWW) reported a net loss of $712.3M while generating $14.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Trump Media & Technology cover its interest payments?
Trump Media & Technology (DJTWW) reported an operating loss of $573.0M against $27.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Trump Media & Technology?
Trump Media & Technology (DJTWW) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.