The Trade Desk, Inc. (BMV:TTD)

The Trade Desk Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	658.18	1,369	895.13	1,031	754.15
Short-Term Investments	644.88	552.03	485.16	416.08	204.63
Cash & Short-Term Investments	1,303	1,921	1,380	1,447	958.78
Cash Growth	-32.19%	39.21%	-4.58%	50.88%	53.64%
Receivables	3,770	3,330	2,870	2,347	2,021
Prepaid Expenses	187.75	84.63	63.35	51.84	112.15
Total Current Assets	5,261	5,336	4,314	3,846	3,092
Property, Plant & Equipment	738.86	473.09	359.15	394.16	369.95
Other Intangible Assets	19.93	14.62	16.9	18.54	14.33
Long-Term Deferred Tax Assets	55.7	230.21	154.85	94.03	68.24
Other Long-Term Assets	77.73	57.57	43.83	28.34	33.17
Total Assets	6,153	6,112	4,889	4,381	3,577
Accounts Payable	3,008	2,631	2,317	1,871	1,656
Accrued Expenses	181.99	177.76	138	105.47	101.47
Current Portion of Leases	76.36	64.49	55.52	52.43	46.15
Total Current Liabilities	3,266	2,873	2,511	2,029	1,803
Long-Term Leases	359.98	247.72	180.37	208.53	238.45
Other Long-Term Liabilities	42.86	41.62	33.26	27.49	8.28
Total Liabilities	3,669	3,163	2,724	2,265	2,050
Additional Paid-In Capital	3,075	2,595	1,967	1,450	915.18
Retained Earnings	-590.91	354.25	196.95	665.51	612.13
Total Common Equity	2,484	2,949	2,164	2,115	1,527
Shareholders' Equity	2,484	2,949	2,164	2,115	1,527
Total Liabilities & Equity	6,153	6,112	4,889	4,381	3,577
Total Debt	436.33	312.22	235.89	260.96	284.6
Net Cash (Debt)	866.73	1,609	1,144	1,186	674.18
Net Cash Growth	-46.14%	40.62%	-3.48%	75.86%	103.31%
Net Cash Per Share	1.76	3.21	2.29	2.37	1.35
Filing Date Shares Outstanding	475.98	496.09	488.94	490.79	484.83
Total Common Shares Outstanding	475.92	496.1	488.92	490.47	483.44
Working Capital	1,995	2,463	1,803	1,816	1,288
Book Value Per Share	5.22	5.94	4.43	4.31	3.16
Tangible Book Value	2,464	2,935	2,147	2,097	1,513
Tangible Book Value Per Share	5.18	5.92	4.39	4.28	3.13
Machinery	320.87	219.37	171.06	136.6	75.74
Construction In Progress	117.86	34.54	8.49	10.9	6.81
Leasehold Improvements	213.98	156.42	129.99	121.7	112.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.