The Trade Desk, Inc. (TTD)

TTD Cash Flow Statement

Operating, investing, and financing cash flow analysis

TTD Quarterly Cash Flow 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
Cash from Operations (CFO)	1.093B	391.805M	311.589M	224.686M	165.013M	291.433M	199.401M	273.324M	81.259M
Net Income	432.623M	39.997M	186.950M	115.547M	90.129M	50.678M	182.229M	94.158M	85.029M
Depreciation & Amortization	91.799M	0.00	31.960M	33.135M	26.704M	23.985M	24.112M	20.754M	20.882M
Stock-Based Compensation	471.420M	109.046M	112.173M	121.316M	128.885M	128.253M	129.229M	128.510M	126.340M
Change in Accounts Receivable	13.827B	3.324B	3.770B	3.478B	3.255B	3.052B	3.330B	2.989B	2.906B
Change in Inventory	—	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—	—
Change in Working Capital	-175.705M	182.363M	-80.575M	-180.835M	-96.658M	82.939M	-79.183M	21.920M	-159.552M
Cash from Investing	—	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-256.378M	-112.741M	-34.722M	-60.597M	-48.318M	-61.773M	-22.306M	-50.993M	-24.581M
Acquisitions	0.00	0.00	0.00	0.00	0.00	-4.350M	0.00	0.00	0.00
Cash from Financing	—	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-1.158B	-163.514M	-422.882M	-310.447M	-260.843M	-386.250M	-57.356M	-52.148M	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	836.715M	279.064M	276.867M	164.089M	116.695M	229.660M	177.095M	222.331M	56.678M
Net Change in Cash	-240.168M	220.202M	5.041M	-243.253M	-222.158M	-250.918M	147.988M	212.112M	91.163M

TTD Annual Cash Flow 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
Cash from Operations (CFO)	992.721M	739.456M	598.322M	548.734M	378.513M	405.069M	60.205M	86.603M
Net Income	443.304M	393.076M	178.940M	53.385M	137.762M	242.317M	108.318M	88.140M
Depreciation & Amortization	115.784M	87.490M	80.418M	54.425M	42.219M	28.632M	21.662M	11.822M
Stock-Based Compensation	490.627M	494.699M	491.621M	498.642M	337.413M	111.775M	80.758M	42.210M
Change in Accounts Receivable	3.770B	3.330B	2.870B	2.347B	2.021B	1.584B	1.166B	834.764M
Change in Inventory	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—
Change in Working Capital	-275.129M	-209.281M	-122.596M	-94.151M	-169.678M	14.955M	-162.700M	-55.488M
Cash from Investing	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-197.011M	-107.062M	-55.020M	-91.885M	-59.973M	-80.114M	-40.604M	-25.191M
Acquisitions	-4.350M	0.00	0.00	0.00	-13.261M	0.00	0.00	0.00
Cash from Financing	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-1.380B	-234.784M	-646.597M	0.00	0.00	0.00	0.00	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	795.710M	632.394M	543.302M	456.849M	318.540M	324.955M	19.601M	61.412M
Net Change in Cash	-711.288M	474.334M	-135.377M	276.352M	316.801M	306.477M	-76.356M	51.282M

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

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