The Trade Desk, Inc. (TTD)

TTD Financials

TTD Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	2.311B	506.887M	683.697M	577.279M	543.059M	473.182M	605.745M	505.360M	474.091M
Revenue	2.969B	688.857M	846.791M	739.433M	694.039M	616.021M	741.012M	628.016M	584.550M
Cost of Goods Sold	658.198M	181.970M	163.094M	162.154M	150.980M	142.839M	135.267M	122.656M	110.459M
Gross Profit Margin	73.6%	73.6%	80.7%	78.1%	78.2%	76.8%	81.7%	80.5%	81.1%
Total Operating Expenses	1.709B	440.240M	426.824M	416.060M	426.282M	418.730M	410.436M	396.879M	379.371M
Research & Development	535.459M	142.720M	130.595M	127.893M	134.251M	132.402M	127.893M	117.705M	110.035M
Selling, General & Administrative	1.174B	297.520M	296.229M	288.167M	292.031M	286.328M	282.543M	279.174M	269.336M
Operating Income (EBIT)	601.516M	66.647M	256.873M	161.219M	116.777M	54.452M	195.309M	108.481M	94.720M
Operating Margin	9.7%	9.7%	30.3%	21.8%	16.8%	8.8%	26.4%	17.3%	16.2%
Income Before Tax (EBT)	661.944M	78.958M	270.266M	179.519M	133.201M	75.769M	221.599M	127.178M	112.492M
Interest Income	34.881M	—	—	16.846M	18.035M	20.132M	24.956M	19.408M	17.817M
Interest Expense	356K	—	—	356K	—	—	—	—	—
Other Income/Expense	60.428M	12.311M	13.393M	18.300M	16.424M	21.317M	26.290M	18.697M	17.772M
Net Income	432.623M	39.997M	186.950M	115.547M	90.129M	50.678M	182.229M	94.158M	85.029M
Income Tax Expense	229.321M	38.961M	83.316M	63.972M	43.072M	25.091M	39.370M	33.020M	27.463M
Net Profit Margin	5.8%	5.8%	22.1%	15.6%	13.0%	8.2%	24.6%	15.0%	14.5%
EBITDA	725.008M	66.647M	302.226M	212.654M	143.481M	78.437M	219.421M	129.235M	115.602M
EBITDA Margin	9.7%	9.7%	35.7%	28.8%	20.7%	12.7%	29.6%	20.6%	19.8%
Depreciation & Amortization	91.799M	0.00	31.960M	33.135M	26.704M	23.985M	24.112M	20.754M	20.882M
EPS Basic	0.89	0.08	0.39	0.24	0.18	0.10	0.37	0.19	0.17
EPS Diluted	0.89	0.08	0.40	0.23	0.18	0.10	0.36	0.19	0.17
Shares Outstanding	474.663M	474.663M	479.994M	502.378M	490.631M	494.927M	493.958M	491.614M	489.353M
Diluted Shares Outstanding	476.883M	476.883M	482.725M	492.984M	495.776M	502.944M	506.843M	502.563M	500.040M

TTD Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	2.277B	1.973B	1.581B	1.297B	974.913M	657.221M	504.878M	363.196M
Revenue	2.896B	2.445B	1.946B	1.578B	1.196B	836.033M	661.058M	477.294M
Cost of Goods Sold	619.067M	472.012M	365.598M	281.123M	221.554M	178.812M	156.180M	114.098M
Gross Profit Margin	78.6%	80.7%	81.2%	82.2%	81.5%	78.6%	76.4%	76.1%
Total Operating Expenses	1.688B	1.546B	1.380B	1.183B	850.096M	513.013M	392.682M	255.873M
Research & Development	525.141M	463.319M	411.794M	319.876M	226.137M	166.654M	116.752M	83.892M
Selling, General & Administrative	1.163B	1.082B	968.248M	863.142M	623.959M	346.359M	275.930M	171.981M
Operating Income (EBIT)	589.321M	427.167M	200.480M	113.654M	124.817M	144.208M	112.196M	107.323M
Operating Margin	20.3%	17.5%	10.3%	7.2%	10.4%	17.2%	17.0%	22.5%
Income Before Tax (EBT)	658.755M	507.302M	267.995M	127.370M	122.036M	143.903M	116.220M	105.737M
Interest Income	—	78.842M	68.508M	12.755M	—	656K	4.719M	333K
Interest Expense	—	—	—	—	1.030M	—	—	—
Other Income/Expense	69.434M	80.135M	67.515M	13.716M	-2.781M	-305K	4.024M	-1.586M
Net Income	443.304M	393.076M	178.940M	53.385M	137.762M	242.317M	108.318M	88.140M
Income Tax Expense	215.451M	114.226M	89.055M	73.985M	-15.726M	-98.414M	7.902M	17.597M
Net Profit Margin	15.3%	16.1%	9.2%	3.4%	11.5%	29.0%	16.4%	18.5%
EBITDA	774.539M	514.657M	280.898M	168.079M	167.036M	172.840M	133.858M	119.145M
EBITDA Margin	26.7%	21.1%	14.4%	10.7%	14.0%	20.7%	20.2%	25.0%
Depreciation & Amortization	115.784M	87.490M	80.418M	54.425M	42.219M	28.632M	21.662M	11.822M
EPS Basic	0.92	0.80	0.37	0.11	0.29	0.52	0.24	0.19
EPS Diluted	0.91	0.78	0.36	0.11	0.28	0.49	0.23	0.19
Shares Outstanding	479.994M	490.879M	489.261M	486.937M	476.851M	462.870M	445.330M	457.930M
Diluted Shares Outstanding	482.725M	501.924M	500.182M	499.925M	498.540M	489.880M	478.060M	457.930M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About The Trade Desk, Inc.

The Trade Desk, Inc. is a global technology company that provides a self-service, cloud-based platform. This platform enables advertising buyers to efficiently create, manage, and optimize data-driven digital ad campaigns across diverse formats and channels, including display, video, audio, native, and social media, reaching audiences on computers, mobile devices, and connected TVs. In addition to the platform, the company offers various data and value-added services. Their primary clients are advertising agencies and other service providers who represent advertisers. The Trade Desk was founded in 2009 and is headquartered in Ventura, California.

Ventura, CA

3,522 employees

www.thetradedesk.com

Communication Services / Advertising Agencies

Sector: Communication Services
Industry: Advertising Agencies
CEO: Jeffrey Terry Green

View full financials