The Trade Desk, Inc. (TTD)

The Trade Desk Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	417.19	393.08	178.94	53.39	137.76	242.32
Depreciation & Amortization	79.56	71.49	66.42	47.43	37.22	22.63
Other Amortization	16	16	14	7	5	6
Stock-Based Compensation	514.88	494.7	491.62	498.64	337.41	111.78
Provision & Write-off of Bad Debts	1.9	0.85	2.96	3.2	1.46	3.15
Other Operating Activities	-29.37	-27.38	-33.02	33.23	29.34	4.24
Change in Accounts Receivable	-344.87	-474.23	-554.01	-291.75	-444.34	-418.05
Change in Accounts Payable	292.33	298.92	475.46	187.12	309.41	481.31
Change in Other Net Operating Assets	-18.44	-33.97	-44.05	10.48	-34.75	-48.3
Operating Cash Flow	929.17	739.46	598.32	548.73	378.51	405.07
Operating Cash Flow Growth	69.13%	23.59%	9.04%	44.97%	-6.56%	572.82%
Capital Expenditures	-173.25	-98.24	-46.79	-84.16	-54.8	-74.06
Cash Acquisitions	-4.35	-	-	-	-13.26	-
Sale (Purchase) of Intangibles	-10.14	-8.82	-8.23	-7.73	-5.17	-6.05
Investment in Securities	-278.79	-50.45	-52.57	-212.49	-20.4	-63.16
Investing Cash Flow	-466.53	-157.51	-107.59	-304.37	-93.64	-143.27
Short-Term Debt Issued	-	-	-	-	-	143
Total Debt Issued	74.24	-	-	-	-	143
Short-Term Debt Repaid	-	-	-	-	-	-143
Total Debt Repaid	-	-	-	-	-	-143
Net Debt Issued (Repaid)	74.24	-	-	-	-	-
Issuance of Common Stock	244.52	266.27	99.01	80.59	90.71	97.82
Repurchase of Common Stock	-894.37	-373.88	-725.11	-48.6	-56.86	-53.14
Other Financing Activities	-	-	-	-	-1.92	-
Financing Cash Flow	-575.61	-107.61	-626.11	31.99	31.93	44.68
Net Cash Flow	-112.98	474.33	-135.38	276.35	316.8	306.48
Free Cash Flow	755.92	641.22	551.53	464.57	323.71	331.01
Free Cash Flow Growth	54.33%	16.26%	18.72%	43.52%	-2.21%	1250.39%
Free Cash Flow Margin	28.22%	26.23%	28.34%	29.45%	27.05%	39.59%
Free Cash Flow Per Share	1.51	1.28	1.10	0.93	0.65	0.68
Cash Interest Paid	0.99	0.99	0.97	1	0.52	1.55
Cash Income Tax Paid	158.58	158.58	151.9	4.21	3.61	4.98
Levered Free Cash Flow	792.58	613.52	585.07	483.28	270.78	179.4
Unlevered Free Cash Flow	793.55	614.46	586.11	485.79	271.42	179.4
Change in Working Capital	-70.98	-209.28	-122.6	-94.15	-169.68	14.96

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

SEC Filings: 10-K · 10-Q