The Trade Desk, Inc. (TTD)

The Trade Desk Balance Sheet

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

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	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
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	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
Cash & Equivalents	878.38	658.18	653.13	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
Short-Term Investments	527.54	644.88	792.31	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
Cash & Short-Term Investments	1,406	1,303	1,445	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
Cash Growth	-19.22%	-32.19%	-16.53%	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%
Accounts Receivable	3,324	3,770	3,478	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
Other Current Assets	132.08	187.75	196.5	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
Total Current Assets	4,862	5,261	5,120	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
Net Property, Plant & Equipment	715.67	738.86	609.61	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
Other Long-Term Assets	157.05	153.36	210.5	324.81	319.05	302.4	226.55	215.76	214.97	215.58	145.18	143.31	141.28	140.91	111.6	111.98	117.75	115.74	92.99	75.2
Total Assets	5,734	6,153	5,940	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
Accounts Payable	2,633	3,008	2,761	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
Accrued Expenses	179.91	181.99	160.38	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
Current Portion of Leases	77.51	76.36	73.13	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
Total Current Liabilities	2,890	3,266	2,995	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
Long-Term Leases	346.07	359.98	302.85	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
Other Long-Term Liabilities	44.39	42.86	42	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
Total Long-Term Liabilities	390.46	402.83	344.84	312.99	306.7	289.34	264.49	236.13	213.89	213.63	217.75	224.57	228.48	236.02	224.43	227.84	237.82	246.73	258.04	262.03
Total Liabilities	3,281	3,669	3,340	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
Additional Paid-in Capital	3,178	3,075	2,965	2,858	2,712	2,595	2,397	2,217	2,063	1,967	1,835	1,701	1,559	1,450	1,320	1,201	1,052	915.18	698.72	657.64
Retained Earnings	-724.95	-590.91	-364.45	-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
Shareholders' Equity	2,453	2,484	2,601	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
Total Liabilities & Equity	5,734	6,153	5,940	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
Total Debt	423.58	436.33	375.98	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
Net Cash (Debt)	982.34	866.73	1,069	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
Net Cash Growth	-30.10%	-46.14%	-25.66%	8.17%	18.91%	40.62%	12.94%	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%
Net Cash Per Share	2.06	1.79	2.17	2.71	2.79	3.17	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
Book Value	2,453	2,484	2,601	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
Book Value Per Share	5.14	5.15	5.28	5.44	5.40	5.82	5.22	4.81	4.35	4.33	4.29	4.15	3.88	4.23	3.83	3.66	3.41	3.05	2.61	2.42
Tangible Book Value	2,453	2,484	2,601	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
Tangible Book Value Per Share	5.14	5.15	5.28	5.44	5.40	5.82	5.22	4.81	4.35	4.33	4.29	4.15	3.88	4.23	3.83	3.66	3.41	3.05	2.61	2.42

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q