The Trade Desk, Inc. (TTD)

The Trade Desk Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,055	1,946	1,578	1,196	836.03	661.06
Revenue Growth (YoY)	24.88%	23.34%	31.87%	43.11%	26.47%	38.50%
Cost of Revenue	384.36	365.6	281.12	221.55	178.81	156.18
Gross Profit	1,670	1,581	1,297	974.91	657.22	504.88
Selling, General & Admin	991.99	968.25	863.14	623.96	346.36	275.93
Research & Development	425.77	411.79	319.88	226.14	166.65	116.75
Operating Expenses	1,418	1,380	1,183	850.1	513.01	392.68
Operating Income	252.45	200.48	113.65	124.82	144.21	112.2
Interest Expense / Income	-70.75	-68.51	-12.76	1.03	-0.66	-4.72
Other Expense / Income	-0.45	0.99	-0.96	1.75	0.96	0.7
Pretax Income	323.64	268	127.37	122.04	143.9	116.22
Income Tax	122.36	89.06	73.99	-15.73	-98.41	7.9
Net Income	201.27	178.94	53.39	137.76	242.32	108.32
Net Income Growth	160.35%	235.19%	-61.25%	-43.15%	123.71%	22.89%
Shares Outstanding (Basic)	489	489	487	477	463	445
Shares Outstanding (Diluted)	498	500	500	499	490	478
Shares Change	-0.32%	0.05%	0.28%	1.77%	2.47%	4.40%
EPS (Basic)	0.41	0.37	0.11	0.29	0.52	0.24
EPS (Diluted)	0.41	0.36	0.11	0.28	0.49	0.23
EPS Growth	156.25%	227.27%	-60.71%	-42.86%	113.04%	19.79%
Free Cash Flow	542.64	543.3	456.85	318.54	324.96	19.6
Free Cash Flow Per Share	1.11	1.11	0.94	0.67	0.70	0.04
Gross Margin	81.29%	81.21%	82.18%	81.48%	78.61%	76.37%
Operating Margin	12.29%	10.30%	7.20%	10.43%	17.25%	16.97%
Profit Margin	9.80%	9.19%	3.38%	11.51%	28.98%	16.39%
Free Cash Flow Margin	26.41%	27.92%	28.95%	26.62%	38.87%	2.97%
Effective Tax Rate	37.81%	33.23%	58.09%	-12.89%	-68.39%	6.80%
EBITDA	385.55	328.86	213.16	205.6	205.15	155.06
EBITDA Margin	18.77%	16.90%	13.51%	17.18%	24.54%	23.46%
Depreciation & Amortization	132.66	129.37	98.54	82.53	61.9	43.56
EBIT	252.89	199.49	114.62	123.07	143.25	111.5
EBIT Margin	12.31%	10.25%	7.26%	10.29%	17.13%	16.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).