Trump Media & Technology Group Corp. (DJT) Balance Sheet
DJT balance sheet, 2025
December 31, 2025 · U.S. dollars$2.84B assets = $1.19B liabilities + $1.65B equity
Both columns are drawn to the same scale: what DJT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
DJT financial health
Descriptive bands, not a rating. Fiscal 2025.
DJT balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $02020 | $2.84B2025 | — | |
| Total liabilities | $02020 | $1.19B2025 | — | |
| Shareholders’ equity | $02020 | $1.65B2025 | — | |
| Cash & short-term investments | $02020 | $1.19B2025 | — | |
| Total debt | $2.1M2021 | $951.4M2025 | +362.2%/yr | |
| Net cash (debt) | $16.6M2021 | $241.6M2025 | +$225.0M | |
| Working capital | $02020 | $223.2M2025 | +$223.2M | |
| Book value per share | −$0.592021 | $6.472025 | — | |
| Current ratio | 21.162021 | 1.232025 | −19.93 | |
| Debt / equity | 0.012024 | 0.582025 | +0.56 | |
| Shares outstanding | 100.0M2021 | 254.5M2025 | +26.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
DJT assets
DJT liabilities and equity
DJT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
DJT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $1.19B | $776.8M | $2.6M | $9.8M | $18.7M | $0 |
| Cash & equivalents | $165.9M | $170.2M | $2.6M | $9.8M | $18.7M | $0 |
| Short-term investments | $1.03B | $606.5M | $0 | — | — | — |
| Receivables | $244,500 | $17,400 | $81,000 | $507,800 | $23,300 | $0 |
| Inventory | $0 | $0 | $1 | $0 | $0 | $0 |
| Other current assets | $10.0M | $7.5M | $327,499 | $326,000 | $431,400 | $0 |
| Total current assets | $1.20B | $784.3M | $3.0M | $10.6M | $19.2M | $0 |
| Property, plant & equipment (net) | $5.6M | $7.8M | $382,400 | $594,500 | $62,100 | $0 |
| Goodwill & intangible assets | $1.22B | $146.2M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $410.2M | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2.84B | $938.3M | $3.4M | $11.2M | $19.3M | $0 |
| Liabilities | ||||||
| Accounts payable | $3.8M | $1.5M | $871,200 | $268,700 | $811,500 | — |
| Short-term debt | $947.5M | $5.9M | $42.0M | $4.3M | $22,394 | — |
| Deferred revenue | $30,400 | $1.0M | $4.4M | — | −$22,394 | — |
| Total current liabilities | $980.1M | $17.3M | $65.3M | $19.4M | $907,000 | $0 |
| Long-term debt | $442,600 | $4.8M | $3.5M | $0 | $2.1M | $0 |
| Lease obligations | $2.6M | $3.6M | $361,900 | $511,400 | $0 | — |
| Other long-term liabilities | $212.0M | $2.6M | $1.3M | $362,000 | $75.4M | $0 |
| Total liabilities | $1.19B | $24.7M | $70.1M | $19.8M | $78.3M | $0 |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $28,100 | $22,100 | $8,800 | $299.0M | $293.3M | — |
| Retained earnings (deficit) | −$3.66B | −$2.95B | −$66.8M | −$8.6M | −$59.1M | $0 |
| Accumulated other comprehensive income | — | — | — | $0 | — | — |
| Minority interest | $150,600 | $0 | — | — | — | — |
| Total shareholders' equity | $1.65B | $913.6M | −$66.8M | −$8.6M | −$59.1M | $0 |
| Key figures | ||||||
| Total debt | $951.4M | $13.3M | $45.7M | $4.6M | $2.1M | — |
| Net cash (debt) | $241.6M | $763.5M | −$43.1M | $5.2M | $16.6M | — |
| Working capital | $223.2M | $767.0M | −$62.3M | −$8.8M | $18.3M | $0 |
| Tangible book value | $426.3M | $767.3M | −$66.8M | −$8.6M | −$59.1M | $0 |
| Book value per share | $6.47 | $5.39 | −$0.67 | −$0.09 | −$0.59 | — |
| Shares outstanding | 254.5M | 169.6M | 100.0M | 100.0M | 100.0M | — |
| Current ratio | 1.23 | 45.33 | 0.05 | 0.55 | 21.16 | — |
| Quick ratio | 1.22 | 44.90 | 0.04 | 0.53 | 20.68 | — |
| Debt / equity | 0.58 | 0.01 | — | — | — | — |
| Equity / assets | 58.0% | 97.4% | −1,984.8% | −76.3% | −307.0% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $424.6M | $456.4M | $1.19B | $1.05B | $2.96B | $759.0M | $776.8M | $672.9M | $344.0M | $233.7M | $2.6M | $1.8M |
| Cash & equivalents | $215.5M | $249.1M | $165.9M | $501.9M | $2.34B | $146.1M | $170.2M | $372.1M | $344.0M | $233.7M | $2.6M | $1.8M |
| Short-term investments | $209.2M | $207.4M | $1.03B | $550.4M | $619.3M | $612.9M | $606.5M | $300.7M | — | — | $0 | — |
| Receivables | $335,700 | $4.2M | $244,500 | $587.8M | $122.7M | $33,100 | $17,400 | $14,800 | $17,500 | $47,200 | $81,000 | $310,500 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 |
| Other current assets | $524.0M | $591.0M | $10.0M | $10.0M | $10.8M | $7.9M | $7.5M | $9.2M | $9.6M | $40.4M | $327,499 | $327,600 |
| Total current assets | $948.9M | $1.05B | $1.20B | $1.65B | $3.10B | $766.9M | $784.3M | $682.1M | $353.5M | $274.1M | $3.0M | $2.5M |
| Property, plant & equipment (net) | $5.0M | $5.7M | $5.6M | $6.3M | $7.0M | $7.1M | $7.8M | $7.6M | $3.0M | $337,400 | $382,400 | $433,600 |
| Goodwill & intangible assets | $138.0M | $139.3M | $1.22B | $142.1M | $143.5M | $144.9M | $146.2M | $148.0M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $927.2M | $1.04B | $410.2M | $1.47B | $0 | $0 | $0 | $0 | $0 | $100 | $0 | $0 |
| Total assets | $2.02B | $2.24B | $2.84B | $3.27B | $3.25B | $918.9M | $938.3M | $837.8M | $356.5M | $274.4M | $3.4M | $2.9M |
| Liabilities | ||||||||||||
| Accounts payable | $21.8M | $4.7M | $3.8M | $7.7M | $5.2M | $1.9M | $1.5M | $1.5M | $1.9M | $1.1M | $871,200 | $202,500 |
| Short-term debt | $6.1M | $959.2M | $947.5M | $6.4M | $5.8M | $5.8M | $5.9M | $5.5M | $276,900 | $50.3M | $42.0M | $41.9M |
| Deferred revenue | $400,500 | $1.1M | $30,400 | $23,800 | — | $246,700 | $1.0M | $2.0M | $2.9M | $3.7M | $4.4M | — |
| Total current liabilities | $993.2M | $980.2M | $980.1M | $38.6M | $23.4M | $20.0M | $17.3M | $14.4M | $14.3M | $64.0M | $65.3M | $57.5M |
| Long-term debt | $460,000 | $451,200 | $442,600 | $946.1M | $939.3M | $4.9M | $4.8M | $4.7M | $0 | $0 | $3.5M | $2.1M |
| Lease obligations | $2.9M | $3.2M | $2.6M | $2.8M | $3.0M | $3.2M | $3.6M | $2.9M | $807,200 | $322,900 | $361,900 | $400,300 |
| Other long-term liabilities | $2.6M | $2.8M | $212.0M | $2.3M | $2.4M | $2.3M | $2.6M | $2.2M | $530,300 | $159,800 | $1.3M | $819,600 |
| Total liabilities | $996.2M | $983.5M | $1.19B | $987.0M | $965.1M | $27.2M | $24.7M | $21.2M | $14.8M | $64.2M | $70.1M | $60.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $28,200 | $28,100 | $28,100 | $28,100 | $27,800 | $22,100 | $22,100 | $21,500 | $19,200 | $13,700 | $8,800 | $306.1M |
| Retained earnings (deficit) | −$4.30B | −$4.06B | −$3.66B | −$3.05B | −$3.00B | −$2.98B | −$2.95B | −$2.91B | −$2.89B | −$2.87B | −$66.8M | −$57.6M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | — | — | — |
| Minority interest | $4,900 | $79,900 | $150,600 | $190,000 | $230,400 | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.02B | $1.25B | $1.65B | $2.28B | $2.28B | $891.7M | $913.6M | $816.5M | $341.7M | $210.3M | −$66.8M | −$57.6M |
| Key figures | ||||||||||||
| Total debt | $8.4M | $961.3M | $951.4M | $953.6M | $947.3M | $13.0M | $13.3M | $12.3M | $807,200 | $50.5M | $45.7M | $44.3M |
| Net cash (debt) | $416.3M | −$504.9M | $241.6M | $98.8M | $2.02B | $745.9M | $763.5M | $660.5M | $343.1M | $183.2M | −$43.1M | −$42.5M |
| Working capital | −$44.2M | $71.4M | $223.2M | $1.61B | $3.07B | $746.9M | $767.0M | $667.8M | $339.2M | $210.1M | −$62.3M | −$55.1M |
| Tangible book value | $884.9M | $1.11B | $426.3M | $2.14B | $2.14B | $746.8M | $767.3M | $668.6M | $341.7M | $210.3M | −$66.8M | −$57.6M |
| Book value per share | $3.69 | $4.53 | $5.95 | $8.20 | $9.49 | $4.04 | $4.14 | $4.07 | $2.05 | $2.32 | −$0.67 | −$0.58 |
| Shares outstanding | 277.3M | 276.7M | 276.7M | 277.9M | 240.5M | 220.6M | 220.7M | 200.8M | 166.7M | 90.7M | 100.0M | 100.0M |
| Current ratio | 0.96 | 1.07 | 1.23 | 42.78 | 132.60 | 38.41 | 45.33 | 47.49 | 24.73 | 4.28 | 0.05 | 0.04 |
| Quick ratio | 0.43 | 0.47 | 1.22 | 42.52 | 132.13 | 38.02 | 44.90 | 46.85 | 24.06 | 3.65 | 0.04 | 0.04 |
| Debt / equity | 0.01 | 0.77 | 0.58 | 0.42 | 0.42 | 0.01 | 0.01 | 0.02 | 0.00 | 0.24 | — | — |
| Equity / assets | 50.7% | 56.0% | 58.0% | 69.8% | 70.3% | 97.0% | 97.4% | 97.5% | 95.8% | 76.6% | −1,984.8% | −1,978.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
DJT financial position
At the end of fiscal 2025 (December 31, 2025), Trump Media & Technology had total assets of $2.8 billion (up 202.6% from a year earlier), total liabilities of $1.2 billion and shareholders' equity of $1.6 billion. It held $1.2 billion in cash and short-term investments against $951.4 million of debt, a net cash position of $241.6 million. Its current ratio was 1.23. In the latest quarter (ended June 30, 2026) total assets were $2.0 billion and equity $1.0 billion.
Related: DJT income statement, DJT cash flow statement, DJT key metrics. See the DJT stock overview for the latest quote and news.
DJT balance sheet FAQ
What are Trump Media & Technology's total assets?
Trump Media & Technology reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $938.3 million a year earlier.
How much debt does Trump Media & Technology have?
Trump Media & Technology had $951.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.58.
How much cash does Trump Media & Technology have?
Trump Media & Technology held $1.2 billion in cash and short-term investments at the end of fiscal 2025; with $951.4 million of debt that is net cash of $241.6 million.
What is Trump Media & Technology's book value?
Trump Media & Technology's shareholders' equity (book value) was $1.6 billion at the end of fiscal 2025, or $6.47 per share.
What is Trump Media & Technology's current ratio?
Trump Media & Technology had current assets of $1.2 billion and current liabilities of $980.1 million, a current ratio of 1.23 (it can cover its short-term obligations).
How much goodwill does Trump Media & Technology have?
Trump Media & Technology carried $1.2 billion of goodwill and intangible assets, 43.0% of total assets, at the end of fiscal 2025.