Trade Desk (The)TTDEarnings & Financial Report
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
TTD Q4 2025 Key Financial Metrics
Revenue
$846.8M
Gross Profit
$683.7M
Operating Profit
$256.9M
Net Profit
$186.9M
Gross Margin
80.7%
Operating Margin
30.3%
Net Margin
22.1%
YoY Growth
14.3%
EPS
$0.39
Financial Flow
Trade Desk (The) Q4 2025 Financial Summary
Trade Desk (The) reported revenue of $846.8M (up 14.3% YoY) for Q4 2025, with a net profit of $186.9M (up 2.6% YoY) (22.1% margin). Cost of goods sold was $163.1M, operating expenses totaled $426.8M.
Key Financial Metrics
| Total Revenue | $846.8M |
|---|---|
| Net Profit | $186.9M |
| Gross Margin | 80.7% |
| Operating Margin | 30.3% |
| Report Period | Q4 2025 |
Trade Desk (The) Annual Revenue by Year
Trade Desk (The) annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B). Click any linked year to see what changed vs the prior annual report.
Trade Desk (The) Quarterly Revenue & Net Profit History
Trade Desk (The) results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $846.8M | +14.3% | $186.9M | 22.1% |
| Q3 2025 | $739.4M | +17.7% | $115.5M | 15.6% |
| Q2 2025 | $694.0M | +18.7% | $90.1M | 13.0% |
| Q1 2025 | $616.0M | +25.4% | $50.7M | 8.2% |
| Q4 2024 | $741.0M | +22.3% | $182.2M | 24.6% |
| Q3 2024 | $628.0M | +27.3% | $94.2M | 15.0% |
| Q2 2024 | $584.5M | +25.9% | $85.0M | 14.5% |
| Q1 2024 | $491.3M | +28.3% | $31.7M | 6.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $491.3M | $584.5M | $628.0M | $741.0M | $616.0M | $694.0M | $739.4M | $846.8M |
| YoY Growth | 28.3% | 25.9% | 27.3% | 22.3% | 25.4% | 18.7% | 17.7% | 14.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.66B | $5.16B | $5.51B | $6.11B | $5.71B | $5.96B | $5.94B | $6.15B |
| Liabilities | $2.50B | $2.75B | $2.88B | $3.16B | $2.99B | $3.26B | $3.34B | $3.67B |
| Equity | $2.17B | $2.41B | $2.63B | $2.95B | $2.72B | $2.70B | $2.60B | $2.48B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $185.5M | $81.3M | $273.3M | $199.4M | $291.4M | $165.0M | $224.7M | $311.6M |