The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
14.34
+0.37 (2.65%)
At close: Sep 11, 2026, 4:00 PM EDT
14.30
-0.04 (-0.28%)
After-hours: Sep 11, 2026, 7:59 PM EDT
The Trade Desk Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 715.06 | 688.86 | 846.79 | 739.43 | 694.04 | 616.02 | 741.01 | 628.02 | 584.55 | 491.25 | 605.8 | 493.27 | 464.25 | 382.8 | 490.74 | 394.77 | 376.96 | 315.32 | 395.6 | 301.09 | |
Revenue Growth (YoY) | 3.03% | 11.82% | 14.27% | 17.74% | 18.73% | 25.40% | 22.32% | 27.32% | 25.91% | 28.33% | 23.45% | 24.95% | 23.16% | 21.40% | 24.05% | 31.11% | 34.64% | 43.45% | 23.66% | 39.32% |
Cost of Revenue | 184.33 | 181.97 | 163.09 | 162.15 | 150.98 | 142.84 | 135.27 | 122.66 | 110.46 | 103.63 | 100.7 | 93.38 | 86.65 | 84.87 | 79.62 | 70.12 | 67.49 | 63.89 | 66.85 | 53.4 |
Gross Profit | 530.72 | 506.89 | 683.7 | 577.28 | 543.06 | 473.18 | 605.75 | 505.36 | 474.09 | 387.62 | 505.1 | 399.88 | 377.6 | 297.94 | 411.12 | 324.65 | 309.47 | 251.43 | 328.75 | 247.69 |
Selling, General & Admin | 288.41 | 297.52 | 296.23 | 288.17 | 292.03 | 286.33 | 282.54 | 279.17 | 269.34 | 251.28 | 258.66 | 244.44 | 237.62 | 227.53 | 226.48 | 215.93 | 224.25 | 196.49 | 291.28 | 111.4 |
Research & Development | 140.74 | 142.72 | 130.6 | 127.89 | 134.25 | 132.4 | 127.89 | 117.71 | 110.04 | 107.69 | 102 | 117.77 | 98.31 | 93.71 | 84.48 | 79.92 | 83.48 | 72 | 62.84 | 55.85 |
Operating Expenses | 429.15 | 440.24 | 426.82 | 416.06 | 426.28 | 418.73 | 410.44 | 396.88 | 379.37 | 358.97 | 360.66 | 362.21 | 335.93 | 321.24 | 310.96 | 295.85 | 307.73 | 268.49 | 354.11 | 167.25 |
Operating Income | 101.58 | 66.65 | 256.87 | 161.22 | 116.78 | 54.45 | 195.31 | 108.48 | 94.72 | 28.66 | 144.44 | 37.68 | 41.67 | -23.31 | 100.16 | 28.8 | 1.74 | -17.05 | -25.36 | 80.45 |
Interest Expense | -0.73 | -0.37 | -0.65 | -0.36 | -0.41 | -0.38 | -0.39 | -0.37 | -0.38 | -0.37 | -1.66 | - | - | - | - | - | - | -1.08 | -0.47 | -0.32 |
Interest & Investment Income | 12.24 | 13.74 | 14.71 | 16.85 | 18.44 | 20.51 | 25.35 | 19.78 | 18.2 | 17.03 | 20.61 | 17.63 | 17.51 | 14.42 | 11.43 | 1.74 | 0.66 | - | - | - |
Currency Exchange Gain (Loss) | 0.01 | -1.06 | -0.67 | 1.81 | -1.61 | 1.19 | 1.33 | -0.71 | -0.05 | 0.72 | -2.71 | 1.7 | 0.75 | -0.72 | 0.53 | -0.04 | -0.32 | 0.8 | -0.75 | -1.15 |
Pretax Income | 113.09 | 78.96 | 270.27 | 179.52 | 133.2 | 75.77 | 221.6 | 127.18 | 112.49 | 46.03 | 160.68 | 57 | 59.93 | -9.61 | 112.12 | 30.5 | 2.08 | -17.33 | -26.58 | 78.98 |
Income Tax Expense | 48.7 | 38.96 | 83.32 | 63.97 | 43.07 | 25.09 | 39.37 | 33.02 | 27.46 | 14.37 | 63.35 | 17.65 | 26.99 | -18.93 | 40.93 | 14.63 | 21.16 | -2.74 | -34.62 | 19.59 |
Net Income | 64.39 | 40 | 186.95 | 115.55 | 90.13 | 50.68 | 182.23 | 94.16 | 85.03 | 31.66 | 97.32 | 39.35 | 32.94 | 9.33 | 71.19 | 15.87 | -19.07 | -14.6 | 8.04 | 59.38 |
Net Income to Common | 64.39 | 40 | 186.95 | 115.55 | 90.13 | 50.68 | 182.23 | 94.16 | 85.03 | 31.66 | 97.32 | 39.35 | 32.94 | 9.33 | 71.19 | 15.87 | -19.07 | -14.6 | 8.04 | 59.38 |
Net Income Growth (YoY) | -28.55% | -21.08% | 2.59% | 22.72% | 6.00% | 60.07% | 87.24% | 139.27% | 158.14% | 239.48% | 36.71% | 147.98% | - | - | 785.52% | -73.28% | - | - | -94.71% | 43.97% |
Shares Outstanding (Basic) | 468 | 475 | 480 | 488 | 491 | 495 | 494 | 492 | 489 | 489 | 489 | 489 | 488 | 490 | 489 | 488 | 486 | 484 | 481 | 478 |
Shares Outstanding (Diluted) | 470 | 477 | 483 | 493 | 496 | 503 | 507 | 503 | 500 | 498 | 500 | 502 | 499 | 500 | 500 | 500 | 486 | 484 | 500 | 499 |
Shares Change (YoY) | -5.21% | -5.18% | -4.76% | -1.91% | -0.85% | 0.95% | 1.43% | 0.14% | 0.14% | -0.32% | -0.15% | 0.32% | 2.68% | 3.22% | 0.02% | 0.28% | -2.15% | -2.76% | 0.56% | 1.36% |
EPS (Basic) | 0.14 | 0.08 | 0.39 | 0.24 | 0.18 | 0.10 | 0.37 | 0.19 | 0.17 | 0.06 | 0.20 | 0.08 | 0.07 | 0.02 | 0.15 | 0.03 | -0.04 | -0.03 | 0.02 | 0.12 |
EPS (Diluted) | 0.14 | 0.08 | 0.38 | 0.23 | 0.18 | 0.10 | 0.36 | 0.19 | 0.17 | 0.06 | 0.20 | 0.08 | 0.07 | 0.02 | 0.15 | 0.03 | -0.04 | -0.03 | 0.02 | 0.12 |
EPS Growth (YoY) | -23.62% | -20.00% | 7.47% | 21.05% | 5.88% | 66.67% | 79.98% | 137.50% | 152.08% | 215.08% | 36.65% | 166.67% | - | - | 770.44% | -75.00% | - | - | -94.36% | 50.00% |
Additional Metrics
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 140.37 | 279.06 | 285.27 | 158.35 | 119.77 | 232.32 | 179.21 | 224.62 | 59.14 | 178.25 | 65.92 | 186.5 | 120.69 | 178.42 | 125.71 | 113.44 | 87.63 | 137.79 | 152.51 | 104.26 |
Free Cash Flow Per Share | 0.30 | 0.58 | 0.59 | 0.32 | 0.24 | 0.46 | 0.35 | 0.45 | 0.12 | 0.36 | 0.13 | 0.37 | 0.24 | 0.36 | 0.25 | 0.23 | 0.18 | 0.28 | 0.30 | 0.21 |
Gross Margin | 74.22% | 73.58% | 80.74% | 78.07% | 78.25% | 76.81% | 81.75% | 80.47% | 81.10% | 78.91% | 83.38% | 81.07% | 81.34% | 77.83% | 83.78% | 82.24% | 82.10% | 79.74% | 83.10% | 82.26% |
Operating Margin | 14.21% | 9.68% | 30.34% | 21.80% | 16.83% | 8.84% | 26.36% | 17.27% | 16.20% | 5.83% | 23.84% | 7.64% | 8.98% | -6.09% | 20.41% | 7.30% | 0.46% | -5.41% | -6.41% | 26.72% |
Profit Margin | 9.01% | 5.81% | 22.08% | 15.63% | 12.99% | 8.23% | 24.59% | 14.99% | 14.55% | 6.44% | 16.06% | 7.98% | 7.09% | 2.44% | 14.51% | 4.02% | -5.06% | -4.63% | 2.03% | 19.72% |
Free Cash Flow Margin | 19.63% | 40.51% | 33.69% | 21.41% | 17.26% | 37.71% | 24.19% | 35.77% | 10.12% | 36.28% | 10.88% | 37.81% | 26.00% | 46.61% | 25.62% | 28.74% | 23.24% | 43.70% | 38.55% | 34.63% |
EBITDA | 131.72 | 98.08 | 273.83 | 194.35 | 143.48 | 78.44 | 203.42 | 129.24 | 115.6 | 50.4 | 150.97 | 58.21 | 61.74 | -4.01 | 110 | 41.76 | 14.02 | -4.7 | -18.11 | 89.4 |
EBITDA Margin | 18.42% | 14.24% | 32.34% | 26.28% | 20.67% | 12.73% | 27.45% | 20.58% | 19.78% | 10.26% | 24.92% | 11.80% | 13.30% | -1.05% | 22.42% | 10.58% | 3.72% | -1.49% | -4.58% | 29.69% |
D&A For EBITDA | 30.14 | 31.43 | 16.96 | 33.14 | 26.7 | 23.99 | 8.11 | 20.75 | 20.88 | 21.74 | 6.53 | 20.53 | 20.07 | 19.29 | 9.84 | 12.96 | 12.27 | 12.35 | 7.25 | 8.95 |
EBIT | 101.58 | 66.65 | 256.87 | 161.22 | 116.78 | 54.45 | 195.31 | 108.48 | 94.72 | 28.66 | 144.44 | 37.68 | 41.67 | -23.31 | 100.16 | 28.8 | 1.74 | -17.05 | -25.36 | 80.45 |
EBIT Margin | 14.21% | 9.68% | 30.34% | 21.80% | 16.83% | 8.84% | 26.36% | 17.27% | 16.20% | 5.83% | 23.84% | 7.64% | 8.98% | -6.09% | 20.41% | 7.30% | 0.46% | -5.41% | -6.41% | 26.72% |
Effective Tax Rate | 43.06% | 49.34% | 30.83% | 35.63% | 32.34% | 33.12% | 17.77% | 25.96% | 24.41% | 31.22% | 39.43% | 30.96% | 45.03% | - | 36.51% | 47.97% | 1016.09% | - | - | 24.81% |