WallStSmart
TTD

Trade Desk Inc

NASDAQ: TTD · COMMUNICATION SERVICES · ADVERTISING AGENCIES

$21.52
-5.14% today

Updated 2026-06-05

Market cap
$9.06B
P/E ratio
21.91
P/S ratio
3.05x
EPS (TTM)
$0.88
Dividend yield
52W range
$18 – $91
Volume
19.3M

Trade Desk Inc (TTD) Financial statements

SEC filings — annual and quarterly data.

Profit margin
15.31%
Operating margin
20.35%
ROE
17.63%
ROA
6.57%
Debt/equity
0.17x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2014$44.55M$5000.0071.81%1.72%0.01%
2015$113.84M$15.93M79.82%33.36%13.99%
2016$202.93M$20.48M80.35%28.34%10.09%
2017$308.22M$50.80M78.51%22.50%16.48%
2018$477.29M$88.14M76.09%22.49%18.47%
2019$661.06M$108.32M76.37%16.97%16.39%
2020$836.03M$242.32M78.61%17.25%28.98%
2021$1.20B$137.76M81.48%10.43%11.51%
2022$1.58B$53.38M82.18%7.20%3.38%
2023$1.95B$178.94M81.21%10.30%9.19%
2024$2.44B$393.08M80.69%17.47%16.08%
2025$2.90B$443.30M78.63%20.35%15.31%

Frequently asked questions

What is Trade Desk Inc's revenue?

Trade Desk Inc's trailing twelve-month revenue is $2.97B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is TTD?

In its most recent fiscal year, TTD ran a gross margin of 78.63%, an operating margin of 20.35%, and a net margin of 15.31%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does TTD generate?

TTD produced $795.71M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is TTD's balance sheet healthy?

TTD holds $658.17M in cash and equivalents against — in long-term debt, on $2.48B of shareholder equity. That debt is best read against the cash flow the business throws off each year.