The Trade Desk, Inc. (TTD)

The Trade Desk Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	658.18	1,369	895.13	1,031	754.15
Short-Term Investments	644.88	552.03	485.16	416.08	204.63
Cash & Short-Term Investments	1,303	1,921	1,380	1,447	958.78
Cash Growth	-32.19%	39.21%	-4.58%	50.88%	53.64%
Accounts Receivable	3,770	3,330	2,870	2,347	2,021
Other Current Assets	187.75	84.63	63.35	51.84	112.15
Total Current Assets	5,261	5,336	4,314	3,846	3,092
Net Property, Plant & Equipment	738.86	473.09	359.15	394.16	369.95
Other Long-Term Assets	153.36	302.4	215.58	140.91	115.74
Total Assets	6,153	6,112	4,889	4,381	3,577
Accounts Payable	3,008	2,631	2,317	1,871	1,656
Accrued Expenses	181.99	177.76	138	105.47	101.47
Current Portion of Leases	76.36	64.49	55.52	52.43	46.15
Total Current Liabilities	3,266	2,873	2,511	2,029	1,803
Long-Term Leases	359.98	247.72	180.37	208.53	238.45
Other Long-Term Liabilities	42.86	41.62	33.26	27.49	8.28
Total Long-Term Liabilities	402.83	289.34	213.63	236.02	246.73
Total Liabilities	3,669	3,163	2,724	2,265	2,050
Additional Paid-in Capital	3,075	2,595	1,967	1,450	915.18
Retained Earnings	-590.91	354.25	196.95	665.51	612.13
Shareholders' Equity	2,484	2,949	2,164	2,115	1,527
Total Liabilities & Equity	6,153	6,112	4,889	4,381	3,577
Total Debt	436.33	312.22	235.89	260.96	284.6
Net Cash (Debt)	866.73	1,609	1,144	1,186	674.18
Net Cash Growth	-46.14%	40.62%	-3.48%	75.86%	103.31%
Net Cash Per Share	1.76	3.21	2.29	2.37	1.35
Book Value	2,484	2,949	2,164	2,115	1,527
Book Value Per Share	5.03	5.88	4.33	4.23	3.06
Tangible Book Value	2,484	2,949	2,164	2,115	1,527
Tangible Book Value Per Share	5.03	5.88	4.33	4.23	3.06

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q