The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
18.04
-0.25 (-1.34%)
Jul 31, 2026, 3:22 PM EDT - Market open

The Trade Desk Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,9692,8962,4451,9461,5781,196
Revenue Growth
15.55%18.47%25.63%23.34%31.87%43.11%
Gross Profit
2,3112,2771,9731,5811,297974.91
Operating Income
601.52589.32427.17200.48113.65124.82
Net Income
432.62443.3393.08178.9453.39137.76
Earnings Per Share
0.880.900.780.360.110.28
EPS Growth
7.32%15.38%116.67%227.27%-60.71%-42.86%

Revenue by Segment

Fiscal YearFY 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

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,4061,3031,9211,3801,447958.78
Total Debt
423.58436.33312.22235.89260.96284.6
Net Cash (Debt)
982.34866.731,6091,1441,186674.18
Net Cash Growth
-30.10%-46.14%40.62%-3.48%75.86%103.31%
Net Cash Per Share
2.021.763.212.292.371.35

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,093992.72739.46598.32548.73378.51
Capital Expenditures
-250.64-197.01-98.24-46.79-84.16-54.8
Free Cash Flow
842.45795.71641.22551.53464.57323.71
Free Cash Flow Growth
21.17%24.09%16.26%18.72%43.52%-2.21%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
77.83%78.63%80.69%81.21%82.18%81.48%
Operating Margin
20.26%20.35%17.47%10.30%7.20%10.43%
Pretax Margin
22.29%22.74%20.75%13.77%8.07%10.20%
Profit Margin
14.57%15.31%16.08%9.19%3.38%11.51%
FCF Margin
28.37%27.47%26.23%28.34%29.44%27.06%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.6142.18150.68199.89407.55327.29
Forward PE
9.3719.2964.4555.5243.86113.05
P/FCF Ratio
9.9822.7090.9363.7947.33136.86
PS Ratio
2.836.2423.8518.0813.9437.03