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The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
15.42
+0.49 (3.28%)
At close: Nov 10, 2026, 4:00 PM EST
15.30
-0.12 (-0.78%)
After-hours: Nov 10, 2026, 7:59 PM EST

The Trade Desk Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,9872,8962,4451,9461,5781,196
Revenue Growth
7.03%18.47%25.63%23.34%31.87%43.11%
Gross Profit
2,2612,2771,9731,5811,297974.91
Operating Income
561.96589.32427.17200.48113.65124.82
Net Income
329.39443.3393.08178.9453.39137.76
Earnings Per Share
0.690.900.780.360.110.28
EPS Growth
-21.72%15.38%116.67%228.37%-60.85%-42.86%

Revenue by Segment
Chart
Fiscal Year
FY 2025FY 2024FY 2023
Period EndingDec '25 Dec '24 Dec '23
United States
2,4772,1341,697
International
419.6311.33249.21
Revenue (Total)
2,8962,4451,946

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,6501,3031,9211,3801,447958.78
Total Debt
581.29436.33312.22235.89260.96284.6
Net Cash (Debt)
1,068866.731,6091,1441,186674.18
Net Cash Growth
-0.10%-46.14%40.62%-3.48%75.86%103.31%
Net Cash Per Share
2.251.763.212.292.371.35

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,115992.72739.46598.32548.73378.51
Capital Expenditures
-253.07-197.01-98.24-46.79-84.16-54.8
Free Cash Flow
862.19795.71641.22551.53464.57323.71
Free Cash Flow Growth
25.02%24.09%16.26%18.72%43.52%-2.21%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
75.70%78.63%80.69%81.21%82.18%81.48%
Operating Margin
18.82%20.35%17.47%10.30%7.20%10.43%
Pretax Margin
19.04%22.74%20.75%13.77%8.07%10.20%
Profit Margin
11.03%15.31%16.08%9.20%3.38%11.51%
FCF Margin
28.87%27.47%26.23%28.34%29.45%27.05%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.3741.41147.58197.17411.07319.72
Forward PE
14.6019.2964.4555.5243.86113.05
P/FCF Ratio
8.4623.0790.4763.9747.24136.06
PS Ratio
2.446.3423.7318.1313.9136.81