The Trade Desk, Inc. (TTD)

The Trade Desk Balance Sheet

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

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Cash & Equivalents	896.39	1,119	1,369	1,221	1,009	918.2	895.13	1,072	965.83	892.7	1,031	994.66	932.68	844.22	754.15	576.92	476.91	471.64	437.35	434.37
Short-Term Investments	790.87	621.83	552.03	510.29	497.17	501.36	485.16	450.12	465.11	437.73	416.08	326.75	280.46	260.35	204.63	221.69	228.15	208.45	186.69	122.91
Cash & Short-Term Investments	1,687	1,740	1,921	1,732	1,507	1,420	1,380	1,522	1,431	1,330	1,447	1,321	1,213	1,105	958.78	798.6	705.06	680.08	624.04	557.28
Cash Growth	12.00%	22.60%	39.21%	13.79%	5.28%	6.70%	-4.58%	15.17%	17.95%	20.45%	50.88%	65.46%	72.06%	62.42%	53.64%	43.30%	26.96%	52.54%	144.73%	87.94%
Receivables	3,255	3,052	3,330	2,989	2,906	2,619	2,870	2,434	2,346	2,086	2,347	2,027	1,903	1,761	2,021	1,625	1,528	1,369	1,584	1,140
Prepaid Expenses	111.55	64.04	84.63	117.22	110.78	57.58	63.35	57.88	54.75	59.1	51.84	67.03	80.53	89.78	112.15	92.56	114.56	121.4	102.17	58.85
Total Current Assets	5,054	4,856	5,336	4,838	4,523	4,096	4,314	4,014	3,832	3,476	3,846	3,415	3,196	2,955	3,092	2,516	2,347	2,170	2,310	1,756
Property, Plant & Equipment	579.28	530.06	473.09	440.4	421.32	352.41	359.15	361.45	371.89	382.5	394.16	397	364.59	359.63	369.95	379.85	370.48	353.83	364.01	314.03
Other Intangible Assets	-	-	14.62	-	-	-	16.9	-	-	-	18.54	-	-	-	14.33	-	-	-	11.51	-
Long-Term Deferred Tax Assets	228.95	228.95	230.21	154.85	154.85	154.85	154.85	94.03	94.03	94.03	94.03	67.64	66.69	73.55	68.24	46.41	45.12	50.17	50.17	39.93
Other Long-Term Assets	95.86	90.1	57.57	71.7	60.91	60.12	43.83	51.15	49.28	47.25	28.34	43.96	45.29	44.2	33.17	46.58	30.08	28.55	17.65	28.48
Total Assets	5,958	5,705	6,112	5,505	5,160	4,664	4,889	4,520	4,347	4,000	4,381	3,924	3,673	3,433	3,577	2,989	2,793	2,603	2,754	2,138
Accounts Payable	2,724	2,399	2,631	2,410	2,337	2,095	2,317	1,968	1,893	1,677	1,871	1,651	1,537	1,406	1,656	1,305	1,222	1,142	1,348	919.69
Accrued Expenses	152.48	210.81	177.76	142.46	120.22	131.29	138	121.62	103.29	100.15	105.47	82.77	79.34	92.9	101.47	77.32	66.76	83.53	88.34	57.72
Current Portion of Leases	72.41	72.3	64.49	62.86	61.58	57.21	55.52	57.89	54.79	53.05	52.43	51.03	48.29	47.23	46.15	45.6	39.59	37.69	37.87	34.74
Total Current Liabilities	2,949	2,682	2,873	2,615	2,518	2,283	2,511	2,147	2,051	1,830	2,029	1,785	1,665	1,546	1,803	1,428	1,329	1,263	1,475	1,012
Long-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72
Long-Term Leases	271.14	262.67	247.72	230.36	202.77	180.46	180.37	190.21	198.08	200.73	208.53	215.73	219.34	229.49	238.45	247.92	253	245.9	254.56	205.41
Other Long-Term Liabilities	41.86	44.03	41.62	34.13	33.36	33.44	33.26	27.54	26.5	27.75	27.49	8.7	8.5	8.33	8.28	10.12	9.03	9.01	11.26	16.24
Total Liabilities	3,262	2,989	3,163	2,880	2,755	2,497	2,724	2,365	2,276	2,059	2,265	2,010	1,893	1,784	2,050	1,686	1,591	1,518	1,741	1,306
Additional Paid-In Capital	2,858	2,712	2,595	2,397	2,217	2,063	1,967	1,835	1,700	1,559	1,450	1,320	1,201	1,052	915.18	698.72	657.64	587.3	538.78	510.02
Retained Earnings	-162.36	4.52	354.25	228.65	188.36	103.24	196.95	320.42	370.91	381.98	665.51	594.33	578.46	597.53	612.13	604.09	544.71	497.01	474.37	322.47
Comprehensive Income & Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15
Total Common Equity	2,696	2,717	2,949	2,626	2,405	2,167	2,164	2,156	2,071	1,941	2,115	1,914	1,780	1,649	1,527	1,303	1,202	1,084	1,013	832.63
Shareholders' Equity	2,696	2,717	2,949	2,626	2,405	2,167	2,164	2,156	2,071	1,941	2,115	1,914	1,780	1,649	1,527	1,303	1,202	1,084	1,013	832.63
Total Liabilities & Equity	5,958	5,705	6,112	5,505	5,160	4,664	4,889	4,520	4,347	4,000	4,381	3,924	3,673	3,433	3,577	2,989	2,793	2,603	2,754	2,138
Total Debt	343.55	334.97	312.22	293.21	264.35	237.66	235.89	248.1	252.87	253.78	260.96	266.75	267.63	276.72	284.6	293.53	292.59	283.59	292.43	312.14
Net Cash (Debt)	1,344	1,405	1,609	1,439	1,242	1,182	1,144	1,274	1,178	1,077	1,186	1,055	945.51	827.86	674.18	505.08	412.47	396.5	331.61	245.14
Net Cash Growth	8.17%	18.91%	40.62%	12.93%	5.44%	9.78%	-3.48%	20.78%	24.60%	30.05%	75.86%	108.81%	129.23%	108.79%	103.31%	106.04%	133.86%	424.32%	405.98%	117.08%
Net Cash Per Share	2.71	2.79	3.18	2.86	2.48	2.37	2.29	2.54	2.36	2.15	2.37	2.11	1.94	1.71	1.35	1.01	0.83	0.80	0.67	0.50
Filing Date Shares Outstanding	488.94	491.44	496.09	493.57	491.58	489.13	488.94	490.3	490.2	488.85	490.79	489.51	488.26	486.33	484.83	480.63	478.68	475.77	473.8	469.64
Total Common Shares Outstanding	489.9	491.32	496.1	493.45	491.6	488.73	488.92	490.24	490.05	488.19	490.47	489.45	488.29	486.03	483.44	480.59	478.45	475.31	473.4	469.45
Working Capital	2,105	2,174	2,463	2,223	2,004	1,813	1,803	1,867	1,781	1,646	1,816	1,630	1,531	1,410	1,288	1,088	1,019	906.67	835.63	743.83
Book Value Per Share	5.50	5.53	5.94	5.32	4.89	4.43	4.43	4.40	4.23	3.98	4.31	3.91	3.65	3.39	3.16	2.71	2.51	2.28	2.14	1.77
Tangible Book Value	2,696	2,717	2,935	2,626	2,405	2,167	2,147	2,156	2,071	1,941	2,097	1,914	1,780	1,649	1,513	1,303	1,202	1,084	1,002	832.63
Tangible Book Value Per Share	5.50	5.53	5.92	5.32	4.89	4.43	4.39	4.40	4.23	3.98	4.28	3.91	3.65	3.39	3.13	2.71	2.51	2.28	2.12	1.77
Machinery	-	-	219.37	-	-	-	171.06	-	-	-	136.6	-	-	-	75.74	-	-	-	46.5	-
Construction In Progress	-	-	34.54	-	-	-	8.49	-	-	-	10.9	-	-	-	6.81	-	-	-	13.86	-
Leasehold Improvements	-	-	156.42	-	-	-	129.99	-	-	-	121.7	-	-	-	112.01	-	-	-	87.8	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q