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Screener / SEC EDGAR /CIK 0001849635 /10-K filed Feb 27, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
Crypto peers:
ASSTNAKADJTHYPDTRONSUIG
Nasdaq Crypto · Internet & Software Services

Trump Media & Technology Group DJT

DJT quote by TradingView
Headquarters
Sarasota, FL
CEO
Kevin McGurn
Next results
around Feb 26, 2027
Compare with peers Embed

DJT among Crypto peers

Six ratios from the latest 10-K. Each corner is the share of 25 peers the company is above, not a score.

Compare
Revenue growth: 1.8%, above 20% of 25 peers (their median 38.2%) REVENUE GROWTH 1.8% · above 20% Gross margin: 54.5%, above 47% of 15 peers (their median 55.2%) GROSS MARGIN 54.5% · above 47% FCF margin: -250.8%, above 11% of 19 peers (their median -91.3%) FCF MARGIN -250.8% · above 11%
DJT Peer median Below the median

What changed

256 new risk paragraphs and 2 accounting facts worth reading about. 10-K filed Feb 27, 2026 against Feb 14, 2025.

Risk factors
256 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +1305.2% vs revenue +1.8% (+1303.4 pts)
10-K · XBRL
Critical audit matters changed
New this year: F-1 (“Description of the primary We evaluated the design and tested the operating effectiveness of certain internal controls over the digital assets process, including a control over the comparison of the Company’s records of digital assets”); Evaluation of audit evidence pertaining to the existence and control of the Company’s digital assets (“Description of the primary We evaluated the design and tested the operating effectiveness of certain internal controls over the digital assets process, including a control over the comparison of the Company’s records of digital assets”). No longer listed: Valuation of TMTG Earnout Shares
10-K · XBRL
Accounting checks
8 other checks clear, 2 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 8 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +1305.2% vs revenue +1.8% (+1303.4 pts)
  • Critical audit matters changed
    New this year: F-1 (“Description of the primary We evaluated the design and tested the operating effectiveness of certain internal controls over the digital assets process, including a control over the comparison of the Company’s records of digital assets”); Evaluation of audit evidence pertaining to the existence and control of the Company’s digital assets (“Description of the primary We evaluated the design and tested the operating effectiveness of certain internal controls over the digital assets process, including a control over the comparison of the Company’s records of digital assets”). No longer listed: Valuation of TMTG Earnout Shares
  • Cash from operations $14.8M vs net income −$712.3M (FY ending Dec 31, 2025)
7 more checks with nothing to note
  • Same auditor in both 10-Ks: Semple, Marchal & Cooper, LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

256 paragraphs in Risk Factors that were not in the 10-K filed Feb 14, 2025. Quoted as filed.

All 256 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    Our bitcoin strategy exposes us to various risks, including risk associated with bitcoin. Bitcoin and Cronos are highly volatile assets, and fluctuations in the price of bitcoin and Cronos are likely to influence our financial results and the market price of our listed securities. Our operating results will be dependent on the price of…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    The market price of TMTG common stock after the TAE Merger may be affected by factors different from those currently affecting the shares of TMTG common stock. TMTG and TAE are expected to incur substantial costs related to the TAE Merger and integration, and these costs may be greater than anticipated due to unexpected events.…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    The Company may also be susceptible to cybersecurity threats through its third-party service providers. For example, our independent public accounting firm was subject to a data breach and, while there is no determination of the effect on the Company of the breach, the Company continues to evaluate such effects.
  4. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    We may invest in or write options on securities, which may result in our bearing the risk of loss should the underlying security change in value during the life of the option. There are several risks associated with transactions in options on securities. For example, there are significant differences between the securities and options…

New risk paragraphs, against peers

Latest 10-K of each, Crypto companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$1.5M$4.1M$3.6M$3.7M
Net income$50.5M−$58.2M−$400.9M−$712.1M
Operating cash flow−$24.2M−$9.7M−$61.0M$14.8M
Free cash flow−$24.3M−$9.7M−$66.0M$14.2M

Revenue, FY2022 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$3.7M ▲ 1.8% in FY2025

FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Trump Media & Technology Group, Sarasota, FL · from the 10-K filed Feb 27, 2026

As further detailed in this Annual Report, TMTG ended 2025 with approximately $2,473.2 million of cash, cash equivalents, restricted cash, short-term investments, equity securities, convertible note receivable, interest receivable, digital assets, and digital assets pledged, as well as approximately $947.1 million of debt (excluding lease liabilities). Our $31.3 million of restricted cash serves as collateral to our debt, which may be used to purchase bitcoin and bitcoin related securities, and our unexpired cash-covered put options.

Headquarters
Sarasota, FL
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Nov 9, 2026
Incorporated in
FL

Email alerts

Sources

The 10-K filed Feb 27, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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