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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($846.8M vs $748.2M, roughly 1.1× AMN HEALTHCARE SERVICES INC). Trade Desk (The) runs the higher net margin — 22.1% vs -1.0%, a 23.1% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs 1.8%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $67.6M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs -4.5%).
AMN Healthcare Services Inc. is a leading US healthcare sector workforce solutions and staffing provider. It offers temporary and permanent placement for nurses, physicians, allied health and other clinical/non-clinical staff, plus workforce management tools and consulting for hospitals, clinics and other medical facilities.
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.
AMN vs TTD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $748.2M | $846.8M |
| Net Profit | $-7.7M | $186.9M |
| Gross Margin | 26.1% | 80.7% |
| Operating Margin | 1.1% | 30.3% |
| Net Margin | -1.0% | 22.1% |
| Revenue YoY | 1.8% | 14.3% |
| Net Profit YoY | 95.9% | 2.6% |
| EPS (diluted) | $-0.19 | $0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $748.2M | $846.8M | ||
| Q3 25 | $634.5M | $739.4M | ||
| Q2 25 | $658.2M | $694.0M | ||
| Q1 25 | $689.5M | $616.0M | ||
| Q4 24 | $734.7M | $741.0M | ||
| Q3 24 | $687.5M | $628.0M | ||
| Q2 24 | $740.7M | $584.5M | ||
| Q1 24 | $820.9M | $491.3M |
| Q4 25 | $-7.7M | $186.9M | ||
| Q3 25 | $29.3M | $115.5M | ||
| Q2 25 | $-116.2M | $90.1M | ||
| Q1 25 | $-1.1M | $50.7M | ||
| Q4 24 | $-187.5M | $182.2M | ||
| Q3 24 | $7.0M | $94.2M | ||
| Q2 24 | $16.2M | $85.0M | ||
| Q1 24 | $17.3M | $31.7M |
| Q4 25 | 26.1% | 80.7% | ||
| Q3 25 | 29.1% | 78.1% | ||
| Q2 25 | 29.8% | 78.2% | ||
| Q1 25 | 28.7% | 76.8% | ||
| Q4 24 | 29.8% | 81.7% | ||
| Q3 24 | 31.0% | 80.5% | ||
| Q2 24 | 31.0% | 81.1% | ||
| Q1 24 | 31.4% | 78.9% |
| Q4 25 | 1.1% | 30.3% | ||
| Q3 25 | 7.5% | 21.8% | ||
| Q2 25 | -18.8% | 16.8% | ||
| Q1 25 | 1.8% | 8.8% | ||
| Q4 24 | -27.6% | 26.4% | ||
| Q3 24 | 3.2% | 17.3% | ||
| Q2 24 | 5.1% | 16.2% | ||
| Q1 24 | 4.9% | 5.8% |
| Q4 25 | -1.0% | 22.1% | ||
| Q3 25 | 4.6% | 15.6% | ||
| Q2 25 | -17.7% | 13.0% | ||
| Q1 25 | -0.2% | 8.2% | ||
| Q4 24 | -25.5% | 24.6% | ||
| Q3 24 | 1.0% | 15.0% | ||
| Q2 24 | 2.2% | 14.5% | ||
| Q1 24 | 2.1% | 6.4% |
| Q4 25 | $-0.19 | $0.39 | ||
| Q3 25 | $0.76 | $0.23 | ||
| Q2 25 | $-3.02 | $0.18 | ||
| Q1 25 | $-0.03 | $0.10 | ||
| Q4 24 | $-4.90 | $0.36 | ||
| Q3 24 | $0.18 | $0.19 | ||
| Q2 24 | $0.42 | $0.17 | ||
| Q1 24 | $0.45 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $1.3B |
| Total DebtLower is stronger | $767.1M | — |
| Stockholders' EquityBook value | $642.1M | $2.5B |
| Total Assets | $2.1B | $6.2B |
| Debt / EquityLower = less leverage | 1.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $1.3B | ||
| Q3 25 | $52.6M | $1.4B | ||
| Q2 25 | $41.5M | $1.7B | ||
| Q1 25 | $55.8M | $1.7B | ||
| Q4 24 | $10.6M | $1.9B | ||
| Q3 24 | $30.6M | $1.7B | ||
| Q2 24 | $48.0M | $1.5B | ||
| Q1 24 | $50.6M | $1.4B |
| Q4 25 | $767.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $642.1M | $2.5B | ||
| Q3 25 | $644.4M | $2.6B | ||
| Q2 25 | $607.6M | $2.7B | ||
| Q1 25 | $715.1M | $2.7B | ||
| Q4 24 | $706.6M | $2.9B | ||
| Q3 24 | $890.7M | $2.6B | ||
| Q2 24 | $876.9M | $2.4B | ||
| Q1 24 | $854.2M | $2.2B |
| Q4 25 | $2.1B | $6.2B | ||
| Q3 25 | $2.1B | $5.9B | ||
| Q2 25 | $2.2B | $6.0B | ||
| Q1 25 | $2.4B | $5.7B | ||
| Q4 24 | $2.4B | $6.1B | ||
| Q3 24 | $2.7B | $5.5B | ||
| Q2 24 | $2.8B | $5.2B | ||
| Q1 24 | $2.9B | $4.7B |
| Q4 25 | 1.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $75.6M | $311.6M |
| Free Cash FlowOCF − Capex | $67.6M | $285.3M |
| FCF MarginFCF / Revenue | 9.0% | 33.7% |
| Capex IntensityCapex / Revenue | 1.1% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $233.8M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $311.6M | ||
| Q3 25 | $22.7M | $224.7M | ||
| Q2 25 | $78.5M | $165.0M | ||
| Q1 25 | $92.7M | $291.4M | ||
| Q4 24 | $72.8M | $199.4M | ||
| Q3 24 | $66.7M | $273.3M | ||
| Q2 24 | $99.5M | $81.3M | ||
| Q1 24 | $81.4M | $185.5M |
| Q4 25 | $67.6M | $285.3M | ||
| Q3 25 | $14.8M | $158.3M | ||
| Q2 25 | $68.7M | $119.8M | ||
| Q1 25 | $82.7M | $232.3M | ||
| Q4 24 | $56.6M | $179.2M | ||
| Q3 24 | $47.4M | $224.6M | ||
| Q2 24 | $72.2M | $59.1M | ||
| Q1 24 | $63.2M | $178.2M |
| Q4 25 | 9.0% | 33.7% | ||
| Q3 25 | 2.3% | 21.4% | ||
| Q2 25 | 10.4% | 17.3% | ||
| Q1 25 | 12.0% | 37.7% | ||
| Q4 24 | 7.7% | 24.2% | ||
| Q3 24 | 6.9% | 35.8% | ||
| Q2 24 | 9.8% | 10.1% | ||
| Q1 24 | 7.7% | 36.3% |
| Q4 25 | 1.1% | 3.1% | ||
| Q3 25 | 1.2% | 9.0% | ||
| Q2 25 | 1.5% | 6.5% | ||
| Q1 25 | 1.4% | 9.6% | ||
| Q4 24 | 2.2% | 2.7% | ||
| Q3 24 | 2.8% | 7.8% | ||
| Q2 24 | 3.7% | 3.8% | ||
| Q1 24 | 2.2% | 1.5% |
| Q4 25 | — | 1.67× | ||
| Q3 25 | 0.77× | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 9.54× | 2.90× | ||
| Q2 24 | 6.13× | 0.96× | ||
| Q1 24 | 4.70× | 5.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMN
| Travel Nurse Staffing | $208.3M | 28% |
| Allied Staffing | $146.9M | 20% |
| Labor Disruption Services | $124.3M | 17% |
| Technology And Workforce Solutions | $88.0M | 12% |
| Language Services | $69.9M | 9% |
| Other | $29.6M | 4% |
| International Nurse Staffing | $29.6M | 4% |
| Interim Leadership Staffing | $24.1M | 3% |
| Vendor Management Systems | $16.3M | 2% |
| Local Staffing | $8.6M | 1% |
| International Nurse Permanent Placement | $2.6M | 0% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
