Trade Desk (The) (TTD) financials
Trade Desk (The) revenue and earnings by year
Trade Desk (The)'s revenue was $2.90 billion in the fiscal year to December 31, 2025, up 18.5% from the year before. Net income was $443 million, 15.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 34.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.90 | 2.44 | 1.95 | 1.58 | 1.20 | 0.84 | 0.66 | 0.48 | 0.31 | 0.20 |
| Revenue growth | 18.5% | 25.6% | 23.3% | 31.9% | 43.1% | 26.5% | 38.5% | 54.9% | 51.9% | — |
| Gross profit | 2.28 | 1.97 | 1.58 | 1.30 | 0.97 | 0.66 | 0.50 | 0.36 | 0.24 | 0.16 |
| Gross margin | 78.6% | 80.7% | 81.2% | 82.2% | 81.5% | 78.6% | 76.4% | 76.1% | 78.5% | 80.3% |
| Operating income | 0.59 | 0.43 | 0.20 | 0.11 | 0.12 | 0.14 | 0.11 | 0.11 | 0.07 | 0.06 |
| Operating margin | 20.3% | 17.5% | 10.3% | 7.2% | 10.4% | 17.2% | 17.0% | 22.5% | 22.5% | 28.3% |
| Net income | 0.44 | 0.39 | 0.18 | 0.05 | 0.14 | 0.24 | 0.11 | 0.09 | 0.05 | -0.03 |
| Net margin | 15.3% | 16.1% | 9.2% | 3.4% | 11.5% | 29.0% | 16.4% | 18.5% | 16.5% | -13.2% |
| Diluted EPS | $0.90 | $0.78 | $0.36 | $0.11 | $0.28 | $0.49 | $0.23 | $0.19 | $0.12 | -$0.15 |
| Free cash flow | 0.78 | 0.63 | 0.54 | 0.46 | 0.32 | 0.32 | 0.02 | 0.06 | 0.02 | 0.07 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TTD in Markets.
See also: TTD valuation and P/E history · TTD returns
No forecast, no recommendation. This page describes Trade Desk (The) from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.