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Side-by-side financial comparison of Trump Media & Technology Group Corp. (DJT) and EMERSON RADIO CORP (MSN). Click either name above to swap in a different company.
EMERSON RADIO CORP is the larger business by last-quarter revenue ($1.9M vs $1.0M, roughly 1.9× Trump Media & Technology Group Corp.). EMERSON RADIO CORP runs the higher net margin — -36.7% vs -60263.0%, a 60226.3% gap on every dollar of revenue. On growth, Trump Media & Technology Group Corp. posted the faster year-over-year revenue change (0.5% vs -52.8%). Over the past eight quarters, Trump Media & Technology Group Corp.'s revenue compounded faster (14.2% CAGR vs -7.3%).
Trump Media & Technology Group Corp. (TMTG) is an American media and technology company headquartered in Sarasota, Florida. It runs the Truth Social social-media platform and is majority-owned by the Donald J. Trump Revocable Trust.
Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.
DJT vs MSN — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0M | $1.9M |
| Net Profit | $-605.8M | $-694.0K |
| Gross Margin | 45.4% | 10.9% |
| Operating Margin | -43010.6% | -43.7% |
| Net Margin | -60263.0% | -36.7% |
| Revenue YoY | 0.5% | -52.8% |
| Net Profit YoY | -1509.0% | -31.7% |
| EPS (diluted) | $-2.38 | $-0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.0M | $1.9M | ||
| Q3 25 | $972.9K | $1.2M | ||
| Q2 25 | $883.3K | $1.7M | ||
| Q1 25 | $821.2K | $1.8M | ||
| Q4 24 | $1.0M | $4.0M | ||
| Q3 24 | $1.0M | $2.7M | ||
| Q2 24 | $836.9K | $2.2M | ||
| Q1 24 | $770.5K | $2.2M |
| Q4 25 | $-605.8M | $-694.0K | ||
| Q3 25 | $-54.8M | $-1.0M | ||
| Q2 25 | $-20.0M | $-1.1M | ||
| Q1 25 | $-31.7M | $-2.4M | ||
| Q4 24 | $-37.6M | $-527.0K | ||
| Q3 24 | $-19.2M | $-881.0K | ||
| Q2 24 | $-16.4M | $-962.0K | ||
| Q1 24 | $-327.6M | $-883.0K |
| Q4 25 | 45.4% | 10.9% | ||
| Q3 25 | 54.1% | -0.1% | ||
| Q2 25 | 61.2% | 0.7% | ||
| Q1 25 | 59.0% | -3.0% | ||
| Q4 24 | 63.4% | 12.3% | ||
| Q3 24 | 87.8% | 9.9% | ||
| Q2 24 | 95.7% | 8.8% | ||
| Q1 24 | 87.9% | 15.9% |
| Q4 25 | -43010.6% | -43.7% | ||
| Q3 25 | -5926.4% | -98.4% | ||
| Q2 25 | -4925.6% | -78.1% | ||
| Q1 25 | -4814.3% | -137.8% | ||
| Q4 24 | -4535.0% | -18.3% | ||
| Q3 24 | -2340.0% | -40.8% | ||
| Q2 24 | -2229.5% | -55.6% | ||
| Q1 24 | -12764.8% | -52.2% |
| Q4 25 | -60263.0% | -36.7% | ||
| Q3 25 | -5637.6% | -85.8% | ||
| Q2 25 | -2264.5% | -68.1% | ||
| Q1 25 | -3863.4% | -127.9% | ||
| Q4 24 | -3763.0% | -13.2% | ||
| Q3 24 | -1904.1% | -32.2% | ||
| Q2 24 | -1955.8% | -43.8% | ||
| Q1 24 | -42517.8% | -40.1% |
| Q4 25 | $-2.38 | $-0.03 | ||
| Q3 25 | $-0.20 | $-0.05 | ||
| Q2 25 | $-0.08 | $-0.05 | ||
| Q1 25 | $-0.14 | $-0.10 | ||
| Q4 24 | $1.45 | $-0.03 | ||
| Q3 24 | $-0.10 | $-0.04 | ||
| Q2 24 | $-0.10 | $-0.05 | ||
| Q1 24 | $-3.61 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $439.6M | $13.3M |
| Total DebtLower is stronger | $947.1M | — |
| Stockholders' EquityBook value | $1.6B | $18.6M |
| Total Assets | $2.6B | $20.1M |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $439.6M | $13.3M | ||
| Q3 25 | $716.5M | $13.5M | ||
| Q2 25 | $2.0B | $15.5M | ||
| Q1 25 | $759.0M | $16.1M | ||
| Q4 24 | $776.8M | $16.4M | ||
| Q3 24 | $672.9M | $16.7M | ||
| Q2 24 | $344.0M | $18.9M | ||
| Q1 24 | $233.7M | $19.9M |
| Q4 25 | $947.1M | — | ||
| Q3 25 | $950.8M | — | ||
| Q2 25 | $944.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | $18.6M | ||
| Q3 25 | $2.3B | $19.3M | ||
| Q2 25 | $2.3B | $20.4M | ||
| Q1 25 | $891.7M | $21.5M | ||
| Q4 24 | $913.6M | $23.9M | ||
| Q3 24 | $816.5M | $24.4M | ||
| Q2 24 | $341.7M | $25.3M | ||
| Q1 24 | $210.3M | $26.2M |
| Q4 25 | $2.6B | $20.1M | ||
| Q3 25 | $3.3B | $20.7M | ||
| Q2 25 | $3.2B | $23.3M | ||
| Q1 25 | $918.9M | $23.5M | ||
| Q4 24 | $938.3M | $26.4M | ||
| Q3 24 | $837.8M | $26.6M | ||
| Q2 24 | $356.5M | $28.5M | ||
| Q1 24 | $274.4M | $29.1M |
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.1M | $-228.0K |
| Free Cash FlowOCF − Capex | $12.1M | — |
| FCF MarginFCF / Revenue | 1205.3% | — |
| Capex IntensityCapex / Revenue | 0.4% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.1M | $-228.0K | ||
| Q3 25 | $10.1M | $-2.0M | ||
| Q2 25 | $2.3M | $-514.0K | ||
| Q1 25 | $-9.7M | $-391.0K | ||
| Q4 24 | $-8.3M | $-293.0K | ||
| Q3 24 | $-21.9M | $-2.1M | ||
| Q2 24 | $-21.4M | $-840.0K | ||
| Q1 24 | $-9.3M | $-2.2M |
| Q4 25 | $12.1M | — | ||
| Q3 25 | $10.1M | — | ||
| Q2 25 | $1.8M | — | ||
| Q1 25 | $-9.7M | — | ||
| Q4 24 | $-8.3M | $-301.0K | ||
| Q3 24 | $-24.8M | $-2.1M | ||
| Q2 24 | $-23.6M | $-1.0M | ||
| Q1 24 | — | $-2.3M |
| Q4 25 | 1205.3% | — | ||
| Q3 25 | 1034.0% | — | ||
| Q2 25 | 198.2% | — | ||
| Q1 25 | -1186.2% | — | ||
| Q4 24 | -834.1% | -7.5% | ||
| Q3 24 | -2450.8% | -77.8% | ||
| Q2 24 | -2817.6% | -46.4% | ||
| Q1 24 | — | -102.3% |
| Q4 25 | 0.4% | 0.0% | ||
| Q3 25 | 1.4% | 0.0% | ||
| Q2 25 | 62.5% | 0.0% | ||
| Q1 25 | 0.4% | 0.0% | ||
| Q4 24 | 0.3% | 0.2% | ||
| Q3 24 | 285.8% | 0.3% | ||
| Q2 24 | 255.9% | 8.2% | ||
| Q1 24 | 0.0% | 0.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DJT
Segment breakdown not available.
MSN
| Products | $1.8M | 95% |
| Other | $87.0K | 5% |
