$20.56
-0.15%Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
TTD โข NASDAQ
| The Trade Desk, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||
2.9B | 2.4B | 1.9B | 1.6B | 1.2B | 836M | 661.1M | 477.3M | 308.2M | 202.9M | 113.8M | 44.5M | |
GROSS PROFIT | ||||||||||||
(619.1M) | (472M) | (365.6M) | (281.1M) | (221.6M) | (178.8M) | (156.2M) | (114.1M) | (66.2M) | (39.9M) | (23M) | (12.6M) | |
2.3B | 2B | 1.6B | 1.3B | 974.9M | 657.2M | 504.9M | 363.2M | 242M | 163.1M | 90.9M | 32M | |
OPERATING INCOME | ||||||||||||
(1.7B) | (1.5B) | (1.4B) | (1.2B) | (850.1M) | (513M) | (392.7M) | (255.9M) | (172.6M) | (105.5M) | (52.9M) | (31.2M) | |
(1.2B) | (1.1B) | (968.2M) | (863.1M) | (624M) | (346.4M) | (275.9M) | (172M) | (119.8M) | (78.2M) | (40.1M) | (24M) | |
(525.1M) | (463.3M) | (411.8M) | (319.9M) | (226.1M) | (166.7M) | (116.8M) | (83.9M) | (52.8M) | (27.3M) | (12.8M) | (7.3M) | |
589.3M | 427.2M | 200.5M | 113.7M | 124.8M | 144.2M | 112.2M | 107.3M | 69.4M | 57.5M | 38M | 764K | |
PRE-TAX INCOME | ||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (1M) | (0.0) | (0.0) | (0.0) | (1.8M) | (3.1M) | (1.1M) | (843K) | |
0.0 | 78.8M | 68.5M | 12.8M | -1M | 656K | 4.7M | 333K | -1.7M | -3.1M | -1.1M | -843K | |
(0.0) | (0.0) | (0.0) | (0.0) | -2.8M | -305K | (0.0) | (0.0) | (0.0) | (0.0) | -3K | (0.0) | |
69.4M | 80.1M | 67.5M | 13.7M | -2.8M | -305K | 4M | -1.6M | -5.7M | -13.7M | -8.1M | -1.7M | |
658.8M | 507.3M | 268M | 127.4M | 122M | 143.9M | 116.2M | 105.7M | 63.6M | 43.8M | 29.9M | -943K | |
NET INCOME | ||||||||||||
(215.5M) | (114.2M) | (89.1M) | (74M) | -15.7M | -98.4M | (7.9M) | (17.6M) | (12.8M) | (23.4M) | (13.9M) | -948K | |
443.3M | 393.1M | 178.9M | 53.4M | 137.8M | 242.3M | 108.3M | 88.1M | 50.8M | 20.5M | 15.9M | 5K |
TTD - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | June 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 29, 2026 | May 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 20, 2026 | April 14, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 09, 2026 | May 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 25, 2026 | March 19, 2026 | 2026 |
Continue your TTD research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.