The Trade Desk Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	653.13	1,369	895.13	1,031	754.15	437.35
Short-Term Investments	792.31	552.03	485.16	416.08	204.63	186.69
Cash & Short-Term Investments	1,445	1,921	1,380	1,447	958.78	624.04
Cash Growth	-16.53%	39.21%	-4.58%	50.88%	53.64%	144.73%
Receivables	3,478	3,330	2,870	2,347	2,021	1,584
Prepaid Expenses	196.5	84.63	63.35	51.84	112.15	102.17
Total Current Assets	5,120	5,336	4,314	3,846	3,092	2,310
Property, Plant & Equipment	609.61	473.09	359.15	394.16	369.95	364.01
Other Intangible Assets	-	14.62	16.9	18.54	14.33	11.51
Long-Term Deferred Tax Assets	110.51	230.21	154.85	94.03	68.24	50.17
Other Long-Term Assets	99.99	57.57	43.83	28.34	33.17	17.65
Total Assets	5,940	6,112	4,889	4,381	3,577	2,754
Accounts Payable	2,761	2,631	2,317	1,871	1,656	1,348
Accrued Expenses	160.38	177.76	138	105.47	101.47	88.34
Current Portion of Leases	73.13	64.49	55.52	52.43	46.15	37.87
Total Current Liabilities	2,995	2,873	2,511	2,029	1,803	1,475
Long-Term Leases	302.85	247.72	180.37	208.53	238.45	254.56
Other Long-Term Liabilities	42	41.62	33.26	27.49	8.28	11.26
Total Liabilities	3,340	3,163	2,724	2,265	2,050	1,741
Additional Paid-In Capital	2,965	2,595	1,967	1,450	915.18	538.78
Retained Earnings	-364.45	354.25	196.95	665.51	612.13	474.37
Total Common Equity	2,601	2,949	2,164	2,115	1,527	1,013
Shareholders' Equity	2,601	2,949	2,164	2,115	1,527	1,013
Total Liabilities & Equity	5,940	6,112	4,889	4,381	3,577	2,754
Total Debt	375.98	312.22	235.89	260.96	284.6	292.43
Net Cash (Debt)	1,069	1,609	1,144	1,186	674.18	331.61
Net Cash Growth	-25.66%	40.62%	-3.48%	75.86%	103.31%	405.98%
Net Cash Per Share	2.14	3.21	2.29	2.37	1.35	0.68
Filing Date Shares Outstanding	483.59	496.09	488.94	490.79	484.83	473.8
Total Common Shares Outstanding	484.73	496.1	488.92	490.47	483.44	473.4
Working Capital	2,126	2,463	1,803	1,816	1,288	835.63
Book Value Per Share	5.37	5.94	4.43	4.31	3.16	2.14
Tangible Book Value	2,601	2,935	2,147	2,097	1,513	1,002
Tangible Book Value Per Share	5.37	5.92	4.39	4.28	3.13	2.12
Machinery	-	219.37	171.06	136.6	75.74	46.5
Construction In Progress	-	34.54	8.49	10.9	6.81	13.86
Leasehold Improvements	-	156.42	129.99	121.7	112.01	87.8

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