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Trade Desk, Inc.

TTD

Companies in Services-Computer Programming, Data Processing, Etc.

Trade Desk, Inc. (TTD) — SEC Financial Statements & Analysis

Trade Desk, Inc. (TTD) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
8786586538961,1191,3691,2211,0099188951,072966
Short Term Investments
528645792791622552510497501485450465
Accounts Receivable Net Current
3,3243,7703,4783,2553,0523,3302,9892,9062,6192,8702,4342,346
Prepaid Expense And Other Assets Current
132188197112648511711158635855
Assets Current
4,8625,2615,1205,0544,8565,3364,8384,5234,0964,3144,0143,832
Property Plant And Equipment Net
389397323310251209198192151161153160
Operating Lease Right Of Use Asset
326342287269279264242229202198209212
Deferred Income Tax Assets Net
56561112292292301551551551559494
Other Assets Noncurrent
10198100969072726160615149
Assets
5,7346,1535,9405,9585,7056,1125,5055,1604,6644,8894,5204,347
Liabilities And Stockhold…
Liabilities
Liabilities Current
Accounts Payable Current
2,6333,0082,7612,7242,3992,6312,4102,3372,0952,3171,9681,893
Accrued Liabilities Current
180182160152211178142120131138122103
Operating Lease Liability Current
787673727264636257565855
Liabilities Current
2,8903,2662,9952,9492,6822,8732,6152,5182,2832,5112,1472,051
Operating Lease Liability Noncurrent
346360303271263248230203180180190198
Other Liabilities Noncurrent
444342424442343333332826
Liabilities
3,2813,6693,3403,2622,9893,1632,8802,7552,4972,7242,3652,276
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Additional Paid In Capital Common Stock
3,1783,0752,9652,8582,7122,5952,3972,2172,0631,9671,8351,700
Retained Earnings Accumulated Deficit
-725-591-364-1625354229188103197320371
Stockholders Equity
2,4532,4842,6012,6962,7172,9492,6262,4052,1672,1642,1562,071
Liabilities And Stockholders Equity
5,7346,1535,9405,9585,7056,1125,5055,1604,6644,8894,5204,347
Common Class A
427433-5-24481,000224451,0000-254
Common Class B
43430-0439500449500
Allowance For Doubtful Accounts Receivable Current
161212121211111113131211
Preferred Stock Number Of…
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
100100100100100100100100100100100100
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Number Of Sh…
Common Stock Par Or Stated Value Per Share
000000000000

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-8.22%-----------
202525.58%15.74%43.81%-38.12%-46.63%-41.13%-13.81%-16.54%-20.37%1.22%-5.67%-11.21%
20246.33%11.93%5.92%18.42%23.99%35.35%-3.00%-8.41%-9.48%-25.15%-30.92%-1.42%
202314.27%18.85%39.22%-1.24%-3.44%-17.39%-6.78%-6.31%-11.46%7.77%13.37%17.01%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
1.68
1.61
1.71
1.71
1.81
1.86
1.85
1.80
1.79
1.72
1.87
1.87
Quick Ratio
1.64
1.55
1.64
1.68
1.79
1.83
1.81
1.75
1.77
1.69
1.84
1.84
Working Capital
1.97B
2.00B
2.13B
2.10B
2.17B
2.46B
2.22B
2.00B
1.81B
1.80B
1.87B
1.78B
Leverage & Debt
Debt to Equity
1.34
1.48
1.28
1.21
1.10
1.07
1.10
1.15
1.15
1.26
1.10
1.10
Debt Ratio
0.57
0.60
0.56
0.55
0.52
0.52
0.52
0.53
0.54
0.56
0.52
0.52
Efficiency & Turnover
Asset Turnover TTM
0.52
0.47
0.49
0.48
0.50
0.44
0.46
0.46
0.47
0.42
0.43
0.43
Days Sales Outstanding TTM
391.88
447.42
422.99
419.65
402.78
462.86
428.55
440.68
417.98
489.28
444.62
447.52
Receivables Turnover TTM
0.93
0.82
0.86
0.87
0.91
0.79
0.85
0.83
0.87
0.75
0.82
0.82
Per Share Metrics
Diluted EPS TTM
0.91
0.90
0.89
0.84
0.82
0.78
0.61
0.51
0.40
0.36
0.30
0.26
Free Cash Flow Per Share TTM
1.77
1.63
1.41
1.54
1.40
1.31
1.07
1.00
1.13
1.13
1.25
1.10
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
77.83%
78.63%
78.81%
79.41%
80.11%
80.69%
81.06%
81.23%
81.29%
81.21%
81.18%
81.46%
Operating Profit Margin TTM
20.26%
20.35%
18.91%
17.73%
17.63%
17.47%
16.29%
14.05%
12.29%
10.30%
8.53%
8.50%
Net Profit Margin TTM
14.57%
15.31%
15.72%
15.57%
16.04%
16.08%
13.34%
11.65%
9.80%
9.19%
8.35%
7.46%
Growth Metrics
Net Revenue Growth (1Y)
15.55%
18.47%
20.82%
23.18%
25.07%
25.63%
26.14%
25.53%
24.88%
23.34%
23.50%
24.74%
Net Income Growth (1Y)
4.98%
12.78%
42.32%
64.66%
104.74%
119.67%
101.68%
95.92%
160.35%
235.19%
-1,665.13%
283.15%
EPS Growth (1Y)
9.46%
13.38%
43.45%
64.23%
102.11%
118.95%
100.79%
95.55%
160.97%
233.60%
-1,660.39%
281.49%
Valuation Metrics
P/E TTM
24.89
41.81
54.50
84.66
65.72
146.77
174.92
188.64
212.19
196.75
250.32
291.65
P/B
4.39
7.46
9.19
13.10
9.97
19.56
20.53
19.87
19.71
16.27
17.75
18.21
P/S TTM
3.63
6.40
8.57
13.18
10.54
23.60
23.34
21.98
20.79
18.09
20.89
21.77
Market Cap
10.77B
18.54B
23.90B
35.32B
27.08B
57.69B
53.91B
47.80B
42.71B
35.21B
38.25B
37.72B
Enterprise Value
10.32B
18.31B
23.63B
34.77B
26.30B
56.64B
52.98B
47.05B
42.03B
34.55B
37.43B
37.00B
Calculated Values
Free Cash Flow TTM
842.45M
795.71M
689.66M
755.92M
695.29M
641.22M
527.93M
489.82M
551.36M
551.53M
611.32M
538.26M
Net Debt
-454.80M
-221.85M
-277.16M
-552.84M
-783.58M
-1.06B
-928.26M
-745.02M
-680.54M
-659.24M
-823.67M
-712.96M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-28Sale
Owner: Jacobson, Samantha
Title: -
Shares: 53,681
Price/Share: $21.14
Value: $1,134,816.34
Shares Owned: 13,099
Relationship: Director
Ownership: Direct
2026-03-05Sale
Owner: Falberg, Kathryn E
Title: -
Shares: 102,828
Price/Share: $30.45
Value: $3,131,112.60
Shares Owned: 1,946
Relationship: Director
Ownership: Direct
2026-03-04Purchase
Owner: Green, Jeffrey Terry
Title: President and CEO
Shares: 2,314,304
Price/Share: $25.08
Value: $58,042,744.32
Shares Owned: 6,000,000
Relationship: Director,Officer,TenPercentOwner
Ownership: Indirect
2025-09-10Sale
Owner: Cunningham, Andrea Lee
Title: -
Shares: 1,403
Price/Share: $48.20
Value: $67,624.60
Shares Owned: 5,035
Relationship: Director
Ownership: Direct
2025-08-07Sale
Owner: Grant, Jay R
Title: Chief Legal Officer
Shares: 51,290
Price/Share: $91.22
Value: $4,678,673.80
Shares Owned: 218,246
Relationship: Officer
Ownership: Direct

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Institutional Ownership

2026-03-31
75.89%
Inst. Shares: 360,226,338
Shares Outstanding: 474,663,000
2025-12-31
71.12%
Inst. Shares: 347,278,388
Shares Outstanding: 488,278,000
2025-09-30
72.88%
Inst. Shares: 355,475,946
Shares Outstanding: 487,729,000
2025-06-30
66.93%
Inst. Shares: 328,368,268
Shares Outstanding: 490,631,000
2025-03-31
65.12%
Inst. Shares: 322,306,228
Shares Outstanding: 494,927,000

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Trade Desk, Inc. (TTD) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.