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TTD logoThe Trade Desk, Inc. (TTD) Earnings History

Annual and quarterly earnings data from 2014 to 2025

TTM Net Income
$443M
Profitable
TTM EPS
$0.92
Diluted
YoY EPS Growth
+16.7%
Strong
Net Margin
15.3%
Profitability
Operating Margin20.3%
Gross Margin78.6%
ROE16.3%
ROA7.2%
Highest Annual Net Income$443M (2025)
Highest Quarterly EPS$0.40 (Q4 2025)
Consecutive Profitable Years12 years
Q4 2025
Net Income$187M
EPS$0.40
QoQ Growth+61.8%Excellent

Loading earnings history...

TTD EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+16.7%
Strong
3-Year
+102.2%
Excellent
5-Year
+13.2%
Strong
10-Year
+52.7%
Excellent

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

TTD Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202578.6%20.3%15.3%
202480.7%17.5%16.1%
202381.2%10.3%9.2%
202282.2%7.2%3.4%
202181.5%10.4%11.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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The Trade Desk, Inc. (TTD) Earnings Overview

As of May 6, 2026, The Trade Desk, Inc. (TTD) reported trailing twelve-month net income of $443M, reflecting +16.7% year-over-year growth. The company earned $0.92 per diluted share over the past four quarters, with a net profit margin of 15.3%.

Looking at the long-term picture, TTD's 5-year EPS compound annual growth rate (CAGR) stands at +13.2%, showing solid earnings momentum. The company achieved its highest annual net income of $443M in fiscal 2025, representing a new all-time high.

The Trade Desk, Inc. maintains industry-leading profitability with a gross margin of 78.6%, operating margin of 20.3%, and net margin of 15.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including MGNI ($145M net income, 20.3% margin), IAS ($47M net income, 7.1% margin), DV ($51M net income, 6.8% margin), TTD has room to improve margins relative to the peer group. Compare TTD vs MGNI →

TTD Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
TTD logoTTDCurrent
$443M$0.9215.3%16.3%+16.7%—
MGNI logoMGNI
$145M$0.9420.3%17.1%+493.8%
IAS logoIAS
$47M$0.287.1%3.9%+413.4%
DV logoDV
$51M$0.306.8%4.6%-6.3%
CRTO logoCRTO
$143M$2.705.8%10.2%+115.9%
PUBM logoPUBM
-$14M$-0.29-5.1%-5.4%-234.8%
Best in group
Lowest in group

TTD Historical Earnings Data (2014–2025)

12 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$443M+12.8%$589M$0.9115.3%20.3%
2024$393M+119.7%$427M$0.7816.1%17.5%
2023$179M+235.2%$200M$0.369.2%10.3%
2022$53M-61.2%$114M$0.113.4%7.2%
2021$138M-43.1%$125M$0.2811.5%10.4%
2020$242M+123.7%$144M$0.4929.0%17.2%
2019$108M+22.9%$112M$0.2316.4%17.0%
2018$88M+73.5%$107M$0.1918.5%22.5%
2017$51M+148.0%$69M$0.1216.5%22.5%
2016$20M+28.6%$58M$0.0510.1%28.3%

Full TTD Stock Analysis

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Is TTD Undervalued?

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Compare TTD vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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TTD — Frequently Asked Questions

Quick answers to the most common questions about buying TTD stock.

Is TTD growing earnings?

TTD EPS is $0.92, with earnings growth accelerating to +16.7%. This exceeds the 5-year CAGR of +13.2%. TTM net income reached $443M.

What are TTD's profit margins?

The Trade Desk, Inc. net margin is +15.3%, with operating margin at +20.3%. Above-average margins indicate pricing power.

How consistent are TTD's earnings?

TTD earnings data spans 2014-2025. The accelerating earnings trend is +16.7% YoY. Historical data enables comparison across business cycles.

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TTD Earnings Over Time (2014–2025)

Net income and EPS trends