Trump Media & Technology Group
DJT Nasdaq· Interactive Media & Services
Last close · Oct 23, 2026
$6.40
KIRA · Stoqly’s AI analyst, in plain words
- Trump Media & Technology Group had $3.7M of revenue in fiscal 2025, up 1.8% on the year before.
- Its operating margin was −15,560.9%, down 10,420.0 pts: of every 100 in sales, about −15,561 is left after running the business.
- Trump Media & Technology Group lost $712M in fiscal 2025.
- Free cash flow was $14.2M in fiscal 2025, 385.2% of revenue.
- Trump Media & Technology Group returned $53.6M to shareholders in fiscal 2025, 378% of free cash flow. The diluted share count rose 50.1%.
- Trump Media & Technology Group owes $508M more than it holds in cash.
Market cap
$1.8B
P/E
—
Revenue
$3.7M
Net income
−$712M
Free cash flow
$14.2M
Operating margin
−15,560.9%
Trump Media & Technology Group in 30 seconds · fiscal 2025
Are sales growing?
+1.8%
Only a little. Sales grew 1.8% last year.
Does it make a profit?
−19,343.4%
No. It lost money last year.
Does profit turn into cash?
385.2%
Yes. 385.2% of sales ends up as free cash.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
What Trump Media & Technology Group does
Trump Media & Technology Group (TMTG) runs Truth Social, a social media platform it describes as a place for free expression, and Truth+, a TV streaming service with live channels and on-demand content. It has also started Truth.Fi, a financial services brand that includes investment products and a digital asset strategy with a bitcoin treasury. Truth Social went on general release in the first quarter of 2022, and the company says its apps run on iOS, Android and the web. The company is early in its life and expects to keep losing money from operations for the foreseeable future. It is working on ways to earn revenue from advertising on both Truth Social and Truth+, and in 2025 it began testing a paid plan with premium features, called the Patriot Package. It ended 2025 with approximately $2,473.2 million of cash, investments, digital assets and similar items, and approximately $947.1 million of debt, not counting lease liabilities.
Biggest risks, in its own words
- Its short history, which makes the business hard to judge, and its expected operating losses.
- Failing to build an audience for Truth Social and Truth+ or to earn money from them.
- Needing more money, with no assurance that financing will be available.
- Competition with larger and more established social media and streaming services.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- Trump Media & Technology Group Corp.
- CIK
- 0001849635
Trump Media & Technology Group · DJT
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $4.1M | $3.6M | $3.7M |
| Revenue growth | — | −12.4% | 1.8% |
| Gross margin | 96.0% | 82.9% | 54.5% |
| Operating margin | −386.5% | −5,140.9% | −15,560.9% |
| Net income | −$58.2M | −$401M | −$712M |
| Net margin | −1,408.6% | −11,077.3% | −19,343.4% |
| Diluted EPS | −$0.67 | −$2.36 | −$2.80 |
| Cash | |||
| Cash from operations | −$9.7M | −$61.0M | $14.8M |
| Capital expenditure | $0.0M | $5.0M | $0.6M |
| Free cash flow | −$9.7M | −$66.0M | $14.2M |
| FCF margin | −235.7% | −1,824.3% | 385.2% |
| Dividends paid | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $2.9M | $53.6M |
| Share count change | — | 93.9% | 50.1% |
| Debt and strength | |||
| Cash and short-term investments | $2.6M | $777M | $440M |
| Debt incl. finance leases | $3.5M | $4.8M | $947M |
| Shareholders' equity | −$66.8M | $914M | $1.6B |
| Current ratio | 0.1x | 45.3x | 1.2x |
| Interest coverage | −0.4x | −60.2x | −21.0x |
| Returns and quality | |||
| Return on capital | — | — | −39.4% |
| Return on equity | — | −94.7% | −55.6% |
| Piotroski F-score | — | — | 3 |
| Altman Z'' | −219.1 | 32.6 | −3.7 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.1M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Trump Media & Technology Group · DJT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Trump Media & Technology Gro... DJT | $1.8B | 1.8% | −15,560.9% | 385.2% | −39.4% | — | 3 |
| Rumble RUM | $1.6B | 5.4% | −125.9% | −74.0% | — | — | — |
| Grindr GRND | $2.4B | 27.6% | 28.7% | 32.0% | 44.3% | 27.4x | 6 |
| CarGurus CARG | $2.9B | 13.7% | 27.0% | 31.9% | 90.3% | 17.1x | 7 |
| ZoomInfo GTM | $1.3B | 2.9% | 18.1% | 31.2% | 5.3% | — | 7 |
KIRA
At $6.40 a share, the company is worth $1.8B.
Trump Media & Technology Group grew sales faster than 0 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001849635). Data updated October 11, 2026. For information only — not investment advice. Check the original filings before relying on any figure.