TTD
Trade Desk Inc
NASDAQ: TTD · COMMUNICATION SERVICES · ADVERTISING AGENCIES
$24.37
+4.91% today
Updated 2026-04-29
Market cap
$11.60B
P/E ratio
27.08
P/S ratio
4.01x
EPS (TTM)
$0.90
Dividend yield
—
52W range
$20 – $91
Volume
20.8M
Trade Desk Inc (TTD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.55M | $113.84M | $202.93M | $308.22M | $477.29M | $661.06M | $836.03M | $1.20B | $1.58B | $1.95B | $2.44B | $2.90B |
| Revenue growth (YoY) | — | +155.5% | +78.3% | +51.9% | +54.9% | +38.5% | +26.5% | +43.1% | +31.9% | +23.3% | +25.6% | +18.5% |
| Cost of revenue | $12.56M | $22.97M | $39.88M | $66.23M | $114.10M | $156.18M | $178.81M | $221.55M | $281.12M | $365.60M | $472.01M | $619.07M |
| Gross profit | $31.99M | $90.87M | $163.05M | $241.99M | $363.20M | $504.88M | $657.22M | $974.91M | $1.30B | $1.58B | $1.97B | $2.28B |
| Gross margin | 71.8% | 79.8% | 80.3% | 78.5% | 76.1% | 76.4% | 78.6% | 81.5% | 82.2% | 81.2% | 80.7% | 78.6% |
| R&D | $7.25M | $12.82M | $27.31M | $52.81M | $83.89M | $116.75M | $166.65M | $226.14M | $319.88M | $411.79M | $463.32M | $525.14M |
| SG&A | $9.38M | $13.28M | $32.16M | $58.45M | $84.91M | $143.05M | $171.62M | $374.66M | $525.17M | $520.28M | $535.82M | $518.46M |
| Operating income | $764000.00 | $37.98M | $57.52M | $69.36M | $107.32M | $112.20M | $144.21M | $124.82M | $113.65M | $200.48M | $427.17M | $589.32M |
| Operating margin | 1.7% | 33.4% | 28.3% | 22.5% | 22.5% | 17.0% | 17.2% | 10.4% | 7.2% | 10.3% | 17.5% | 20.3% |
| EBITDA | $580000.00 | $32.82M | $50.71M | $76.56M | $119.14M | $133.86M | $172.84M | $167.04M | $168.08M | $280.90M | $514.66M | $774.54M |
| EBITDA margin | 1.3% | 28.8% | 25.0% | 24.8% | 25.0% | 20.2% | 20.7% | 14.0% | 10.7% | 14.4% | 21.1% | 26.7% |
| EBIT | $-100000.00 | $31.00M | $46.91M | $69.36M | $107.32M | $112.20M | $144.21M | $124.82M | $113.65M | $200.48M | $427.17M | $658.75M |
| Interest expense | $843000.00 | $1.14M | $3.08M | $1.79M | $1.55M | $4.72M | $305000.00 | $1.03M | $12.76M | $68.51M | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5000.00 | $15.93M | $20.48M | $50.80M | $88.14M | $108.32M | $242.32M | $137.76M | $53.38M | $178.94M | $393.08M | $443.30M |
| Net income growth (YoY) | — | +318480.0% | +28.6% | +148.0% | +73.5% | +22.9% | +123.7% | -43.1% | -61.2% | +235.2% | +119.7% | +12.8% |
| Profit margin | 0.0% | 14.0% | 10.1% | 16.5% | 18.5% | 16.4% | 29.0% | 11.5% | 3.4% | 9.2% | 16.1% | 15.3% |