The Trade Desk, Inc. (TTD)

The Trade Desk Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,445	1,946	1,578	1,196	836.03
Revenue Growth (YoY)	25.63%	23.34%	31.87%	43.11%	26.47%
Cost of Revenue	472.01	365.6	281.12	221.55	178.81
Gross Profit	1,973	1,581	1,297	974.91	657.22
Selling, General & Admin	1,082	968.25	863.14	623.96	346.36
Research & Development	463.32	411.79	319.88	226.14	166.65
Operating Expenses	1,546	1,380	1,183	850.1	513.01
Operating Income	427.17	200.48	113.65	124.82	144.21
Interest Expense	-	-	-	-1.03	-
Interest & Investment Income	-	68.51	12.76	-	0.66
Currency Exchange Gain (Loss)	-	-0.99	0.96	-1.75	-0.96
Other Non Operating Income (Expenses)	80.14	-	-	-	-
Pretax Income	507.3	268	127.37	122.04	143.9
Income Tax Expense	114.23	89.06	73.99	-15.73	-98.41
Net Income	393.08	178.94	53.39	137.76	242.32
Net Income to Common	393.08	178.94	53.39	137.76	242.32
Net Income Growth	119.67%	235.19%	-61.25%	-43.15%	123.71%
Shares Outstanding (Basic)	491	489	487	477	463
Shares Outstanding (Diluted)	502	500	500	499	490
Shares Change (YoY)	0.35%	0.05%	0.28%	1.77%	2.47%
EPS (Basic)	0.80	0.37	0.11	0.29	0.52
EPS (Diluted)	0.78	0.36	0.11	0.28	0.49
EPS Growth	116.67%	228.37%	-60.85%	-42.86%	113.04%
Free Cash Flow	641.22	551.53	464.57	323.71	331.01
Free Cash Flow Per Share	1.28	1.10	0.93	0.65	0.68
Gross Margin	80.69%	81.21%	82.18%	81.48%	78.61%
Operating Margin	17.47%	10.30%	7.20%	10.43%	17.25%
Profit Margin	16.08%	9.19%	3.38%	11.51%	28.98%
Free Cash Flow Margin	26.23%	28.34%	29.44%	27.06%	39.59%
EBITDA	514.66	266.9	161.08	162.04	166.84
EBITDA Margin	21.05%	13.71%	10.21%	13.54%	19.96%
D&A For EBITDA	87.49	66.42	47.43	37.22	22.63
EBIT	427.17	200.48	113.65	124.82	144.21
EBIT Margin	17.47%	10.30%	7.20%	10.43%	17.25%
Effective Tax Rate	22.52%	33.23%	58.09%	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.