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The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
18.04
-0.24 (-1.31%)
At close: Jul 31, 2026, 4:00 PM EDT
18.01
-0.03 (-0.17%)
After-hours: Jul 31, 2026, 4:28 PM EDT

The Trade Desk Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
432.62443.3393.08178.9453.39137.76
Depreciation & Amortization
123.23115.7887.4980.4254.4342.22
Stock-Based Compensation
471.42490.63494.7491.62498.64337.41
Other Adjustments
75.33218.14-26.53-30.0636.4330.8
Change in Receivables
-285.77-432.72-474.23-554.01-291.75-444.34
Changes in Accounts Payable
246.35291.07298.92475.46187.12309.41
Changes in Accrued Expenses
-98.22-56.94.81-17.23-40.18-36.39
Changes in Other Operating Activities
-38.07-76.59-38.78-26.8250.661.65
Operating Cash Flow
1,093992.72739.46598.32548.73378.51
Operating Cash Flow Growth
29.30%34.25%23.59%9.04%44.97%-6.56%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-250.64-197.01-98.24-46.79-84.16-54.8
Purchases of Intangible Assets
-13.12-12.75-8.82-8.23-7.73-5.17
Purchases of Investments
-844.75-954.27-679.54-608.38-553.3-278.39
Proceeds from Sale of Investments
948.94875.75629.09555.81340.81257.98
Cash Acquisitions
--4.35----13.26
Investing Cash Flow
-159.58-292.63-157.51-107.59-304.37-93.64

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Issuance of Common Stock
17.9766.7266.2799.0180.5990.71
Repurchase of Common Stock
-1,235-1,478-373.88-725.11-48.6-56.86
Net Common Stock Issued (Repurchased)
-1,217-1,411-107.61-626.1131.9933.85
Other Financing Activities
------1.92
Financing Cash Flow
-1,174-1,411-107.61-626.1131.9931.93

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-240.17-711.29474.33-135.38276.35316.8

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%
FCF Margin
28.37%27.47%26.23%28.34%29.44%27.06%
Free Cash Flow Per Share
1.731.611.281.100.930.65
Levered Free Cash Flow
415.28519.67647.27643.98221.25399.84
Unlevered Free Cash Flow
375.78472.94585.18598.9215.5402.98
SEC Filings: 10-K · 10-Q