The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
13.96
+0.08 (0.58%)
Sep 10, 2026, 10:14 AM EDT - Market open
The Trade Desk Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,990 | 2,896 | 2,445 | 1,946 | 1,578 | 1,196 | |
Revenue Growth | 11.61% | 18.47% | 25.63% | 23.34% | 31.87% | 43.11% |
Cost of Revenue | 691.55 | 619.07 | 472.01 | 365.6 | 281.12 | 221.55 |
Gross Profit | 2,299 | 2,277 | 1,973 | 1,581 | 1,297 | 974.91 |
Selling, General & Admin | 1,170 | 1,163 | 1,082 | 968.25 | 863.14 | 623.96 |
Research & Development | 541.95 | 525.14 | 463.32 | 411.79 | 319.88 | 226.14 |
Operating Expenses | 1,712 | 1,688 | 1,546 | 1,380 | 1,183 | 850.1 |
Operating Income | 586.32 | 589.32 | 427.17 | 200.48 | 113.65 | 124.82 |
Interest Expense | -2.11 | -1.79 | -1.51 | -1.66 | -4.01 | -1.03 |
Interest & Investment Income | 57.54 | 70.51 | 80.36 | 70.16 | 16.77 | - |
Currency Exchange Gain (Loss) | 0.09 | 0.72 | 1.29 | -0.99 | 0.96 | -1.75 |
Pretax Income | 641.83 | 658.76 | 507.3 | 268 | 127.37 | 122.04 |
Income Tax Expense | 234.95 | 215.45 | 114.23 | 89.06 | 73.99 | -15.73 |
Net Income | 406.89 | 443.3 | 393.08 | 178.94 | 53.39 | 137.76 |
Net Income to Common | 406.89 | 443.3 | 393.08 | 178.94 | 53.39 | 137.76 |
Net Income Growth | -2.47% | 12.78% | 119.67% | 235.19% | -61.25% | -43.15% |
Shares Outstanding (Basic) | 478 | 488 | 491 | 489 | 487 | 477 |
Shares Outstanding (Diluted) | 481 | 494 | 502 | 500 | 500 | 499 |
Shares Change | -4.27% | -1.67% | 0.35% | 0.05% | 0.28% | 1.77% |
EPS (Basic) | 0.85 | 0.91 | 0.80 | 0.37 | 0.11 | 0.29 |
EPS (Diluted) | 0.85 | 0.90 | 0.78 | 0.36 | 0.11 | 0.28 |
EPS Growth | 2.46% | 15.38% | 116.67% | 228.37% | -60.85% | -42.86% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 863.05 | 795.71 | 641.22 | 551.53 | 464.57 | 323.71 |
Free Cash Flow Per Share | 1.80 | 1.61 | 1.28 | 1.10 | 0.93 | 0.65 |
Gross Margin | 76.87% | 78.63% | 80.69% | 81.21% | 82.18% | 81.48% |
Operating Margin | 19.61% | 20.35% | 17.47% | 10.30% | 7.20% | 10.43% |
Profit Margin | 13.61% | 15.31% | 16.08% | 9.20% | 3.38% | 11.51% |
Free Cash Flow Margin | 28.86% | 27.47% | 26.23% | 28.34% | 29.45% | 27.05% |
EBITDA | 697.98 | 690.11 | 498.66 | 266.9 | 161.08 | 162.04 |
EBITDA Margin | 23.34% | 23.83% | 20.40% | 13.71% | 10.21% | 13.54% |
D&A For EBITDA | 111.67 | 100.78 | 71.49 | 66.42 | 47.43 | 37.22 |
EBIT | 586.32 | 589.32 | 427.17 | 200.48 | 113.65 | 124.82 |
EBIT Margin | 19.61% | 20.35% | 17.47% | 10.30% | 7.20% | 10.43% |
Effective Tax Rate | 36.60% | 32.71% | 22.52% | 33.23% | 58.09% | - |