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Trump Media & Technology Group DJT Acquired in-process research and development

Acquired in-process research and development at other companies

Quantum Computing Inc. logo
Quantum Computing Inc.QUBT
$6.97M+133%
Immunome logo
ImmunomeIMNM
$9.01M+44.3%
DJT
Trump Media & Technology GroupDJT
$8.4M-33.1%
Anterix logo
AnterixATEX
$53.5M+30.7%
Campbell Soup logo
Campbell SoupCPB
$6M-82.9%
ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$684.75K

Other financials

Income statement

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Revenue$871.2K+6.1%
Gross profit-$629.8K-230%
Operating income-$293.5M-642%
Net income-$405.9M-1,179%
EPS (diluted)-$1.47-950%

Balance sheet

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Cash & equivalents$279.6M+91.3%
Total debt$961.8M+7,275%
Total equity$1.3B+40.5%
Total assets$2.2B+143%

Cash flow

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Operating cash flow$17.9M+284%
CapEx$7.3K+128%
Free cash flow$17.9M+284%

Valuation

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Market cap$2.74B-39.2%
Enterprise value$3.42B+57.6%
P/S733.8×-478×

Profitability

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Gross margin23.9%-52.6pp
Operating margin-22,156%-27,202pp
Net margin-29,108.3%-32,670pp
FCF margin1,120.1%+692pp

Returns & leverage

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Return on equity-101.3%-132pp
Debt / equity0.8×+0.8×
Current ratio1.1×-37.3×

Where this comes from

Reported directly by Trump Media & Technology Group in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Trump Media & Technology Group’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 5:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001140361-26-020229
(in thousands except share and per share data)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Net sales$871.2$821.2
Operating costs and expenses(1)
Cost of revenue1,501.0336.7
Research and development8,402.112,564.9
Sales and marketing691.2497.4
General and administration37,937.025,178.0
Unrealized loss on digital assets and digital assets pledged243,961.4-
Depreciation and amortization1,866.41,779.2

Item 1. Financial Statements (unaudited)

FAQ

What is Trump Media & Technology Group's acquired in-process research and development?
Trump Media & Technology Group (DJT) reported acquired in-process research and development of $8.4M in Q1 2026.
How has Trump Media & Technology Group's acquired in-process research and development changed year-over-year?
Trump Media & Technology Group's acquired in-process research and development decreased by 33.1% year-over-year, from $12.56M to $8.4M.
What is the long-term trend for Trump Media & Technology Group's acquired in-process research and development?
Over 2 years (2023 to 2025), Trump Media & Technology Group's acquired in-process research and development has grown at a 109.8% compound annual growth rate (CAGR), from $9.72M to $42.77M.
What does acquired in-process research and development mean?
Reflects the cash outflows or capital allocated for the acquisition of research and development projects that have not yet reached technological feasibility. It highlights a company's strategy for inorganic growth and long-term innovation through external investment.

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