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The Trade Desk, Inc.(TTD)Earnings, Financials & Key Ratios
TTD•NASDAQ
$24.61
$11.71B mkt cap·27.0× P/E·Price updated May 6, 2026
AboutTrade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.Show more
- Revenue$2.9B+18.5%
- EBITDA$705M+37.0%
- Net Income$443M+12.8%
- EPS (Diluted)0.91+16.7%
- Gross Margin78.63%-2.6%
- EBITDA Margin24.35%+15.6%
- Operating Margin20.35%+16.5%
- Net Margin15.31%-4.8%
- ROE16.32%+6.1%
- ROIC21.28%+12.8%
- Debt/Equity0.18+65.9%
TTD Key Insights
The Trade Desk, Inc. (TTD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 27.5% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 28.2%
- ✓Share count reduced 3.8% through buybacks
- ✓Healthy 5Y average net margin of 11.1%
✗Weaknesses
- ✗Weak momentum: RS Rating 13 (bottom 13%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TTD Price & Volume
The Trade Desk, Inc. (TTD) stock price & volume — 10-year historical chart
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TTD Growth Metrics
The Trade Desk, Inc. (TTD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years38.22%
5 Years28.21%
3 Years22.44%
TTM18.47%
Profit CAGR
10 Years39.46%
5 Years12.84%
3 Years102.5%
TTM12.78%
EPS CAGR
10 Years52.7%
5 Years13.18%
3 Years102.25%
TTM16.15%
Return on Capital
10 Years19.04%
5 Years11.32%
3 Years14.31%
Last Year19.24%
TTD Recent Earnings
The Trade Desk, Inc. (TTD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 25, 2026EPS
$0.39
Est $0.34
+15.1%
Revenue
$847M
Est $841M
+0.7%
Q4 2025
Nov 6, 2025EPS
$0.45
Est $0.20
+123.9%
Revenue
$739M
Est $719M
+2.8%
Q3 2025
Aug 7, 2025EPS
$0.18
Est $0.18
+1.4%
Revenue
$694M
Est $685M
+1.3%
Q2 2025
May 8, 2025EPS
$0.10
Est $0.14
-27.4%
Revenue
$616M
Est $575M
+7.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.39vs $0.34+15.1% | $847Mvs $841M+0.7% |
| Q4 2025 | Nov 6, 2025 | $0.45vs $0.20+123.9% | $739Mvs $719M+2.8% |
| Q3 2025 | Aug 7, 2025 | $0.18vs $0.18+1.4% | $694Mvs $685M+1.3% |
| Q2 2025 | May 8, 2025 | $0.10vs $0.14-27.4% | $616Mvs $575M+7.1% |
Based on last 12 quarters of dataView full earnings history →
TTD Peer Comparison
The Trade Desk, Inc. (TTD) competitors in Marketing automation and ad technology — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MGNI | 1.94B | 13.60 | 14.32 | 6.85% | 20.26% | 15.68% | 8.52% | 0.30 |
 IAS | 1.74B | 10.34 | 44.96 | 11.75% | 7.91% | 4.23% | 4.46% | 0.06 |
 DV | 1.86B | 11.46 | 38.20 | 13.92% | 6.77% | 4.48% | 9.31% | 0.09 |
 CRTO | 1.16B | 20.12 | 10.59 | -0.83% | 7.37% | 12.09% | 15.5% | 0.10 |
 PUBM | 488.88M | 10.40 | -33.55 | -2.86% | -5.11% | -5.51% | 13.65% | 0.17 |
 GOOGL | 4.7T | 388.47 | 35.94 | 15.13% | 37.91% | 38.98% | 1.56% | 0.14 |
 META | 1.53T | 604.96 | 25.75 | 22.17% | 32.84% | 33.22% | 3.01% | 0.39 |
 AMZN | 2.94T | 273.52 | 38.15 | 12.38% | 12.22% | 23.34% | 0.26% | 0.37 |
Compare TTD vs Peers
The Trade Desk, Inc. (TTD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TTD Income Statement
The Trade Desk, Inc. (TTD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 308.22M | 477.29M | 661.06M | 836.03M | 1.2B | 1.58B | 1.95B | 2.44B | 2.9B |
| Revenue Growth % | 51.89% | 54.86% | 38.5% | 26.47% | 43.11% | 31.87% | 23.34% | 25.63% | 18.47% |
| Cost of Goods Sold | 66.23M | 114.1M | 156.18M | 178.81M | 221.55M | 281.12M | 365.6M | 472.01M | 619.07M |
| COGS % of Revenue | 21.49% | 23.91% | 23.63% | 21.39% | 18.52% | 17.82% | 18.79% | 19.31% | 21.37% |
| Gross Profit | 241.99M▲ 0% | 363.2M▲ 50.1% | 504.88M▲ 39.0% | 657.22M▲ 30.2% | 974.91M▲ 48.3% | 1.3B▲ 33.0% | 1.58B▲ 21.9% | 1.97B▲ 24.8% | 2.28B▲ 15.4% |
| Gross Margin % | 78.51% | 76.09% | 76.37% | 78.61% | 81.48% | 82.18% | 81.21% | 80.69% | 78.63% |
| Gross Profit Growth % | 48.41% | 50.09% | 39.01% | 30.17% | 48.34% | 33% | 21.89% | 24.82% | 15.43% |
| Operating Expenses | 172.63M | 255.87M | 392.68M | 513.01M | 850.1M | 1.18B | 1.38B | 1.55B | 1.69B |
| OpEx % of Revenue | 56.01% | 53.61% | 59.4% | 61.36% | 71.05% | 74.98% | 70.91% | 63.22% | 58.28% |
| Selling, General & Admin | 119.83M | 171.98M | 275.93M | 346.36M | 623.96M | 863.14M | 968.25M | 1.08B | 1.16B |
| SG&A % of Revenue | 38.88% | 36.03% | 41.74% | 41.43% | 52.15% | 54.71% | 49.75% | 44.27% | 40.15% |
| Research & Development | 52.81M | 83.89M | 116.75M | 166.65M | 226.14M | 319.88M | 411.79M | 463.32M | 525.14M |
| R&D % of Revenue | 17.13% | 17.58% | 17.66% | 19.93% | 18.9% | 20.27% | 21.16% | 18.95% | 18.13% |
| Other Operating Expenses | 0 | 0 | 0 | -305K | -2.78M | 0 | 0 | 0 | 0 |
| Operating Income | 69.36M▲ 0% | 107.32M▲ 54.7% | 112.2M▲ 4.5% | 144.21M▲ 28.5% | 124.82M▼ 13.4% | 113.65M▼ 8.9% | 200.48M▲ 76.4% | 427.17M▲ 113.1% | 589.32M▲ 38.0% |
| Operating Margin % | 22.5% | 22.49% | 16.97% | 17.25% | 10.43% | 7.2% | 10.3% | 17.47% | 20.35% |
| Operating Income Growth % | 20.58% | 54.74% | 4.54% | 28.53% | -13.45% | -8.94% | 76.39% | 113.07% | 37.96% |
| EBITDA | 76.56M | 119.14M | 133.86M | 172.84M | 167.04M | 168.08M | 280.9M | 514.66M | 705.11M |
| EBITDA Margin % | 24.84% | 24.96% | 20.25% | 20.67% | 13.96% | 10.65% | 14.43% | 21.05% | 24.35% |
| EBITDA Growth % | 24.87% | 55.61% | 12.35% | 29.12% | -3.36% | 0.62% | 67.12% | 83.22% | 37% |
| D&A (Non-Cash Add-back) | 7.21M | 11.82M | 21.66M | 28.63M | 42.22M | 54.42M | 80.42M | 87.49M | 115.78M |
| EBIT | 69.36M | 107.32M | 112.2M | 144.21M | 124.82M | 113.65M | 200.48M | 427.17M | 658.75M |
| Net Interest Income | -1.7M | 333K | 4.72M | 656K | -1.03M | 12.76M | 68.51M | 78.84M | 0 |
| Interest Income | 93K | 333K | 4.72M | 656K | 0 | 12.76M | 68.51M | 78.84M | 0 |
| Interest Expense | 1.79M | 0 | 0 | 0 | 1.03M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -5.73M | -1.59M | 4.02M | -305K | -2.78M | 13.72M | 67.52M | 80.14M | 69.43M |
| Pretax Income | 63.63M▲ 0% | 105.74M▲ 66.2% | 116.22M▲ 9.9% | 143.9M▲ 23.8% | 122.04M▼ 15.2% | 127.37M▲ 4.4% | 268M▲ 110.4% | 507.3M▲ 89.3% | 658.75M▲ 29.9% |
| Pretax Margin % | 20.64% | 22.15% | 17.58% | 17.21% | 10.2% | 8.07% | 13.77% | 20.75% | 22.74% |
| Income Tax | 12.83M | 17.6M | 7.9M | -98.41M | -15.73M | 73.98M | 89.06M | 114.23M | 215.45M |
| Effective Tax Rate % | 20.16% | 16.64% | 6.8% | -68.39% | -12.89% | 58.09% | 33.23% | 22.52% | 32.71% |
| Net Income | 50.8M▲ 0% | 88.14M▲ 73.5% | 108.32M▲ 22.9% | 242.32M▲ 123.7% | 137.76M▼ 43.1% | 53.38M▼ 61.2% | 178.94M▲ 235.2% | 393.08M▲ 119.7% | 443.3M▲ 12.8% |
| Net Margin % | 16.48% | 18.47% | 16.39% | 28.98% | 11.51% | 3.38% | 9.19% | 16.08% | 15.31% |
| Net Income Growth % | 148.01% | 73.51% | 22.89% | 123.71% | -43.15% | -61.25% | 235.19% | 119.67% | 12.78% |
| Net Income (Continuing) | 50.8M | 88.14M | 108.32M | 242.32M | 137.76M | 53.38M | 178.94M | 393.08M | 443.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12▲ 0% | 0.19▲ 58.3% | 0.23▲ 21.1% | 0.49▲ 113.0% | 0.28▼ 42.9% | 0.11▼ 60.7% | 0.36▲ 227.3% | 0.78▲ 116.7% | 0.91▲ 16.7% |
| EPS Growth % | 138.1% | 58.33% | 21.05% | 113.04% | -42.86% | -60.71% | 227.27% | 116.67% | 16.67% |
| EPS (Basic) | 0.13 | 0.19 | 0.24 | 0.52 | 0.29 | 0.11 | 0.37 | 0.80 | 0.92 |
| Diluted Shares Outstanding | 440.56M | 457.93M | 478.06M | 489.88M | 498.54M | 499.93M | 500.18M | 501.92M | 482.73M |
| Basic Shares Outstanding | 402.62M | 457.93M | 445.33M | 462.87M | 476.85M | 486.94M | 489.26M | 490.88M | 479.99M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
TTD Balance Sheet
The Trade Desk, Inc. (TTD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 765.81M | 1.06B | 1.45B | 2.31B | 3.09B | 3.85B | 4.31B | 5.34B | 5.26B |
| Cash & Short-Term Investments | 155.95M | 207.23M | 254.99M | 624.04M | 958.78M | 1.45B | 1.38B | 1.92B | 1.3B |
| Cash Only | 155.95M | 207.23M | 130.88M | 437.35M | 754.15M | 1.03B | 895.13M | 1.37B | 658.17M |
| Short-Term Investments | 0 | 0 | 124.11M | 186.69M | 204.63M | 416.08M | 485.16M | 552.03M | 644.88M |
| Accounts Receivable | 599.57M | 834.76M | 1.17B | 1.58B | 2.02B | 2.35B | 2.87B | 3.33B | 3.95B |
| Days Sales Outstanding | 710.02 | 638.37 | 644.01 | 691.6 | 616.45 | 542.99 | 538.33 | 497.2 | 497.19 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 51.84M | 63.35M | 84.63M | 12.75M |
| Total Non-Current Assets | 31.35M | 61.35M | 279.54M | 443.33M | 485.69M | 535.06M | 574.73M | 775.49M | 892.22M |
| Property, Plant & Equipment | 17.41M | 33.05M | 237.46M | 364.01M | 369.95M | 394.15M | 359.15M | 473.09M | 738.86M |
| Fixed Asset Turnover | 17.71x | 14.44x | 2.78x | 2.30x | 3.23x | 4.00x | 5.42x | 5.17x | 3.92x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.4M | 8.1M | 9.08M | 11.51M | 14.33M | 18.54M | 16.9M | 14.62M | 19.93M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.19M | 11.74M | 14.05M | 17.65M | 33.17M | 28.34M | 43.83M | 57.56M | 77.73M |
| Total Assets | 797.16M▲ 0% | 1.12B▲ 40.2% | 1.73B▲ 54.6% | 2.75B▲ 59.3% | 3.58B▲ 29.9% | 4.38B▲ 22.5% | 4.89B▲ 11.6% | 6.11B▲ 25.0% | 6.15B▲ 0.7% |
| Asset Turnover | 0.39x | 0.43x | 0.38x | 0.30x | 0.33x | 0.36x | 0.40x | 0.40x | 0.47x |
| Asset Growth % | 48.28% | 40.23% | 54.65% | 59.28% | 29.91% | 22.46% | 11.6% | 25.02% | 0.68% |
| Total Current Liabilities | 518.53M | 713.99M | 930.37M | 1.47B | 1.8B | 2.03B | 2.51B | 2.87B | 3.27B |
| Accounts Payable | 490.38M | 669.15M | 868.62M | 1.35B | 1.66B | 1.87B | 2.32B | 2.63B | 3.01B |
| Days Payables Outstanding | 2.7K | 2.14K | 2.03K | 2.75K | 2.73K | 2.43K | 2.31K | 2.03K | 1.77K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76.36M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 181.99M |
| Current Ratio | 1.48x | 1.48x | 1.56x | 1.57x | 1.71x | 1.90x | 1.72x | 1.86x | 1.61x |
| Quick Ratio | 1.48x | 1.48x | 1.56x | 1.57x | 1.71x | 1.90x | 1.72x | 1.86x | 1.61x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 33.05M | 9.31M | 185.87M | 265.82M | 246.73M | 236.02M | 213.63M | 289.34M | 402.83M |
| Long-Term Debt | 27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 174.87M | 254.56M | 238.45M | 208.53M | 180.37M | 247.72M | 359.98M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 6.05M | 9.31M | 11M | 11.26M | 8.28M | 27.49M | 33.26M | 41.62M | 42.86M |
| Total Liabilities | 551.58M | 723.3M | 1.12B | 1.74B | 2.05B | 2.27B | 2.72B | 3.16B | 3.67B |
| Total Debt | 27M | 0 | 189.45M | 292.43M | 284.6M | 260.96M | 235.89M | 312.21M | 436.33M |
| Net Debt | -128.95M | -207.23M | 58.57M | -144.92M | -469.56M | -769.55M | -659.24M | -1.06B | -221.84M |
| Debt / Equity | 0.11x | - | 0.31x | 0.29x | 0.19x | 0.12x | 0.11x | 0.11x | 0.18x |
| Debt / EBITDA | 0.35x | - | 1.42x | 1.69x | 1.70x | 1.55x | 0.84x | 0.61x | 0.62x |
| Net Debt / EBITDA | -1.68x | -1.74x | 0.44x | -0.84x | -2.81x | -4.58x | -2.35x | -2.05x | -0.31x |
| Interest Coverage | 38.72x | - | - | - | 121.18x | - | - | - | - |
| Total Equity | 245.58M▲ 0% | 394.57M▲ 60.7% | 612.52M▲ 55.2% | 1.01B▲ 65.4% | 1.53B▲ 50.7% | 2.12B▲ 38.5% | 2.16B▲ 2.3% | 2.95B▲ 36.3% | 2.48B▼ 15.8% |
| Equity Growth % | 49.4% | 60.67% | 55.24% | 65.41% | 50.75% | 38.5% | 2.31% | 36.27% | -15.76% |
| Book Value per Share | 0.56 | 0.86 | 1.28 | 2.07 | 3.06 | 4.23 | 4.33 | 5.88 | 5.15 |
| Total Shareholders' Equity | 245.58M | 394.57M | 612.52M | 1.01B | 1.53B | 2.12B | 2.16B | 2.95B | 2.48B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 35.98M | 124.12M | 232.44M | 474.37M | 612.13M | 665.51M | 196.95M | 354.25M | -590.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TTD Cash Flow Statement
The Trade Desk, Inc. (TTD) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 31.22M | 86.6M | 60.2M | 405.07M | 378.51M | 548.73M | 598.32M | 739.46M | 992.72M |
| Operating CF Margin % | 10.13% | 18.14% | 9.11% | 48.45% | 31.64% | 34.78% | 30.74% | 30.25% | 34.28% |
| Operating CF Growth % | -58.39% | 177.36% | -30.48% | 572.82% | -6.56% | 44.97% | 9.04% | 23.59% | 34.25% |
| Net Income | 50.8M | 88.14M | 108.32M | 242.32M | 137.76M | 53.38M | 178.94M | 393.08M | 443.3M |
| Depreciation & Amortization | 7.21M | 11.82M | 21.66M | 28.63M | 42.22M | 54.42M | 80.42M | 87.49M | 115.78M |
| Stock-Based Compensation | 21.32M | 42.21M | 80.76M | 111.78M | 337.41M | 498.64M | 491.62M | 494.7M | 490.63M |
| Deferred Taxes | -1.58M | -5.1M | -10.49M | -31.22M | -16.78M | -11.51M | -61.6M | -76.9M | 167.69M |
| Other Non-Cash Items | 2.99M | 5.02M | 22.66M | 38.61M | 47.57M | 47.94M | 31.54M | 50.38M | 50.45M |
| Working Capital Changes | -49.51M | -55.49M | -162.7M | 14.96M | -169.68M | -94.15M | -122.6M | -209.28M | -275.13M |
| Change in Receivables | -224.64M | -239.9M | -331.37M | -418.05M | -444.34M | -291.75M | -554.01M | -474.23M | -432.72M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 171.79M | 177.68M | 191.76M | 481.31M | 309.41M | 187.12M | 475.46M | 298.92M | 291.07M |
| Cash from Investing | -16.06M | -25.19M | -163.84M | -143.27M | -93.64M | -304.37M | -107.59M | -157.51M | -292.63M |
| Capital Expenditures | -10.11M | -19.8M | -35.69M | -74.06M | -54.8M | -84.16M | -46.79M | -98.24M | -197.01M |
| CapEx % of Revenue | 3.28% | 4.15% | 5.4% | 8.86% | 4.58% | 5.33% | 2.4% | 4.02% | 6.8% |
| Acquisitions | -3M | 0 | 0 | 0 | -13.26M | 0 | 0 | 0 | -4.35M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.95M | -5.4M | -4.91M | -6.05M | -5.17M | -7.72M | -8.23M | -8.82M | -12.75M |
| Cash from Financing | 7.39M | -10.13M | 27.28M | 44.68M | 31.93M | 31.99M | -626.11M | -107.61M | -1.41B |
| Debt Issued (Net) | 0 | -27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -646.6M | -234.78M | -1.31B |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -646.6M | -234.78M | -1.38B |
| Other Financing | 7.39M | 16.87M | 27.28M | 44.68M | 31.93M | 31.99M | 20.49M | 127.17M | -97.65M |
| Net Change in Cash | 22.55M▲ 0% | 51.28M▲ 127.4% | -76.36M▼ 248.9% | 306.48M▲ 501.4% | 316.8M▲ 3.4% | 276.35M▼ 12.8% | -135.38M▼ 149.0% | 474.33M▲ 450.4% | -711.29M▼ 250.0% |
| Free Cash Flow | 18.16M▲ 0% | 61.41M▲ 238.2% | 19.6M▼ 68.1% | 324.95M▲ 1557.8% | 318.54M▼ 2.0% | 456.85M▲ 43.4% | 543.3M▲ 18.9% | 632.39M▲ 16.4% | 795.71M▲ 25.8% |
| FCF Margin % | 5.89% | 12.87% | 2.97% | 38.87% | 26.62% | 28.95% | 27.92% | 25.87% | 27.47% |
| FCF Growth % | -72.41% | 238.17% | -68.08% | 1557.85% | -1.97% | 43.42% | 18.92% | 16.4% | 25.82% |
| FCF per Share | 0.04 | 0.13 | 0.04 | 0.66 | 0.64 | 0.91 | 1.09 | 1.26 | 1.65 |
| FCF Conversion (FCF/Net Income) | 0.61x | 0.98x | 0.56x | 1.67x | 2.75x | 10.28x | 3.34x | 1.88x | 2.24x |
| Interest Paid | 1.32M | 817K | 412K | 1.55M | 518K | 995K | 967K | 986K | 0 |
| Taxes Paid | 19.16M | 17.29M | 19.73M | 4.98M | 3.61M | 4.21M | 151.9M | 158.58M | 0 |
TTD Key Ratios
The Trade Desk, Inc. (TTD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 20.21% | 24.78% | 27.54% | 21.51% | 29.81% | 10.85% | 2.93% | 8.36% | 15.37% | 16.32% |
| Return on Invested Capital (ROIC) | 63.43% | 59.98% | 52.96% | 19.61% | 14.05% | 9.72% | 7.09% | 10.55% | 18.86% | 21.28% |
| Gross Margin | 80.35% | 78.51% | 76.09% | 76.37% | 78.61% | 81.48% | 82.18% | 81.21% | 80.69% | 78.63% |
| Net Margin | 10.09% | 16.48% | 18.47% | 16.39% | 28.98% | 11.51% | 3.38% | 9.19% | 16.08% | 15.31% |
| Debt / Equity | 0.16x | 0.11x | - | 0.31x | 0.29x | 0.19x | 0.12x | 0.11x | 0.11x | 0.18x |
| Interest Coverage | 15.25x | 38.72x | - | - | - | 121.18x | - | - | - | - |
| FCF Conversion | 3.66x | 0.61x | 0.98x | 0.56x | 1.67x | 2.75x | 10.28x | 3.34x | 1.88x | 2.24x |
| Revenue Growth | 78.26% | 51.89% | 54.86% | 38.5% | 26.47% | 43.11% | 31.87% | 23.34% | 25.63% | 18.47% |
TTD SEC Filings & Documents
The Trade Desk, Inc. (TTD) SEC filings — annual & quarterly reports (10-K, 10-Q)
TTD Frequently Asked Questions
The Trade Desk, Inc. (TTD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The Trade Desk, Inc. (TTD) reported $2.90B in revenue for fiscal year 2025. This represents a 6401% increase from $44.5M in 2014.
The Trade Desk, Inc. (TTD) grew revenue by 18.5% over the past year. This is strong growth.
Yes, The Trade Desk, Inc. (TTD) is profitable, generating $443.3M in net income for fiscal year 2025 (15.3% net margin).
Dividend & Returns
The Trade Desk, Inc. (TTD) has a return on equity (ROE) of 16.3%. This is reasonable for most industries.
The Trade Desk, Inc. (TTD) generated $787.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Full TTD Stock Analysis
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