The Trade Desk Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	1,946	1,578	1,196	836.03	661.06	477.29	308.22	202.93	113.84	44.55
Revenue Growth (YoY)	23.34%	31.87%	43.11%	26.47%	38.50%	54.86%	51.89%	78.26%	155.54%	-
Cost of Revenue	365.6	281.12	221.55	178.81	156.18	114.1	66.23	39.88	22.97	12.56
Gross Profit	1,581	1,297	974.91	657.22	504.88	363.2	241.99	163.05	90.87	31.99
Selling, General & Admin	968.25	863.14	623.96	346.36	275.93	171.98	119.83	78.22	40.07	23.98
Research & Development	411.79	319.88	226.14	166.65	116.75	83.89	52.81	27.31	12.82	7.25
Operating Expenses	1,380	1,183	850.1	513.01	392.68	255.87	172.63	105.53	52.89	31.23
Operating Income	200.48	113.65	124.82	144.21	112.2	107.32	69.36	57.52	37.98	0.76
Interest Expense / Income	-68.51	-12.76	1.03	-0.66	-4.72	-0.33	1.7	3.08	1.14	0.84
Other Expense / Income	0.99	-0.96	1.75	0.96	0.7	1.92	4.03	57.82	14.15	0.87
Pretax Income	268	127.37	122.04	143.9	116.22	105.74	63.63	-3.38	22.69	-0.95
Income Tax	89.06	73.99	-15.73	-98.41	7.9	17.6	12.83	23.35	13.93	-0.95
Net Income	178.94	53.39	137.76	242.32	108.32	88.14	50.8	-26.73	8.76	0
Net Income Growth	235.19%	-61.25%	-43.15%	123.71%	22.89%	73.51%	-	-	-	-
Shares Outstanding (Basic)	489	487	477	463	445	424	403	183	103	102
Shares Outstanding (Diluted)	500	500	499	490	478	458	441	183	168	131
Shares Change	0.05%	0.28%	1.77%	2.47%	4.40%	3.94%	141.01%	8.95%	27.75%	-
EPS (Basic)	0.37	0.11	0.29	0.52	0.24	0.21	0.13	-0.15	0.09	-
EPS (Diluted)	0.36	0.11	0.28	0.49	0.23	0.19	0.12	-0.15	0.04	-
EPS Growth	227.27%	-60.71%	-42.86%	113.04%	19.79%	66.96%	-	-	-	-
Free Cash Flow	543.3	456.85	318.54	324.96	19.6	61.41	18.16	65.81	-43.49	-16.5
Free Cash Flow Per Share	1.11	0.94	0.67	0.70	0.04	0.14	0.04	0.36	-0.42	-0.16
Gross Margin	81.21%	82.18%	81.48%	78.61%	76.37%	76.09%	78.51%	80.35%	79.82%	71.81%
Operating Margin	10.30%	7.20%	10.43%	17.25%	16.97%	22.49%	22.50%	28.34%	33.36%	1.72%
Profit Margin	9.19%	3.38%	11.51%	28.98%	16.39%	18.47%	16.48%	-13.17%	7.70%	-
Free Cash Flow Margin	27.92%	28.95%	26.62%	38.87%	2.97%	12.87%	5.89%	32.43%	-38.20%	-37.04%
Effective Tax Rate	33.23%	58.09%	-12.89%	-68.39%	6.80%	16.64%	20.16%	-	61.38%	-
EBITDA	328.86	213.16	205.6	205.15	155.06	117.23	72.53	3.5	25.66	0.58
EBITDA Margin	16.90%	13.51%	17.18%	24.54%	23.46%	24.56%	23.53%	1.72%	22.54%	1.29%
Depreciation & Amortization	129.37	98.54	82.53	61.9	43.56	11.82	7.21	3.8	1.83	0.68
EBIT	199.49	114.62	123.07	143.25	111.5	105.4	65.32	-0.3	23.83	-0.11
EBIT Margin	10.25%	7.26%	10.29%	17.13%	16.87%	22.08%	21.19%	-0.15%	20.93%	-0.24%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).