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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and Trade Desk (The) (TTD). Click either name above to swap in a different company.

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $846.8M, roughly 1.9× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 2.8%, a 19.3% gap on every dollar of revenue.

Goodlife Health Clubs is a chain of health clubs, with more than 80 locations in Australia.

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.

ARDT vs TTD — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.9× larger
ARDT
$1.6B
$846.8M
TTD
Higher net margin
TTD
TTD
19.3% more per $
TTD
22.1%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
TTD
TTD
Revenue
$1.6B
$846.8M
Net Profit
$45.0M
$186.9M
Gross Margin
80.7%
Operating Margin
5.8%
30.3%
Net Margin
2.8%
22.1%
Revenue YoY
14.3%
Net Profit YoY
2.6%
EPS (diluted)
$0.32
$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.

Revenue
ARDT
ARDT
TTD
TTD
Q4 25
$1.6B
$846.8M
Q3 25
$1.6B
$739.4M
Q2 25
$1.6B
$694.0M
Q1 25
$1.5B
$616.0M
Q4 24
$741.0M
Q3 24
$1.4B
$628.0M
Q2 24
$1.5B
$584.5M
Q1 24
$491.3M
Net Profit
ARDT
ARDT
TTD
TTD
Q4 25
$45.0M
$186.9M
Q3 25
$-23.5M
$115.5M
Q2 25
$73.0M
$90.1M
Q1 25
$41.4M
$50.7M
Q4 24
$182.2M
Q3 24
$26.3M
$94.2M
Q2 24
$42.8M
$85.0M
Q1 24
$31.7M
Gross Margin
ARDT
ARDT
TTD
TTD
Q4 25
80.7%
Q3 25
78.1%
Q2 25
78.2%
Q1 25
76.8%
Q4 24
81.7%
Q3 24
80.5%
Q2 24
81.1%
Q1 24
78.9%
Operating Margin
ARDT
ARDT
TTD
TTD
Q4 25
5.8%
30.3%
Q3 25
-0.1%
21.8%
Q2 25
7.4%
16.8%
Q1 25
5.0%
8.8%
Q4 24
26.4%
Q3 24
3.9%
17.3%
Q2 24
5.6%
16.2%
Q1 24
5.8%
Net Margin
ARDT
ARDT
TTD
TTD
Q4 25
2.8%
22.1%
Q3 25
-1.5%
15.6%
Q2 25
4.4%
13.0%
Q1 25
2.8%
8.2%
Q4 24
24.6%
Q3 24
1.8%
15.0%
Q2 24
2.9%
14.5%
Q1 24
6.4%
EPS (diluted)
ARDT
ARDT
TTD
TTD
Q4 25
$0.32
$0.39
Q3 25
$-0.17
$0.23
Q2 25
$0.52
$0.18
Q1 25
$0.29
$0.10
Q4 24
$0.36
Q3 24
$0.19
$0.19
Q2 24
$0.34
$0.17
Q1 24
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDT
ARDT
TTD
TTD
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.3B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$2.5B
Total Assets
$5.3B
$6.2B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
TTD
TTD
Q4 25
$709.6M
$1.3B
Q3 25
$609.4M
$1.4B
Q2 25
$540.6M
$1.7B
Q1 25
$495.0M
$1.7B
Q4 24
$1.9B
Q3 24
$563.1M
$1.7B
Q2 24
$334.5M
$1.5B
Q1 24
$1.4B
Total Debt
ARDT
ARDT
TTD
TTD
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
Stockholders' Equity
ARDT
ARDT
TTD
TTD
Q4 25
$1.3B
$2.5B
Q3 25
$1.2B
$2.6B
Q2 25
$1.3B
$2.7B
Q1 25
$1.2B
$2.7B
Q4 24
$2.9B
Q3 24
$1.0B
$2.6B
Q2 24
$739.9M
$2.4B
Q1 24
$2.2B
Total Assets
ARDT
ARDT
TTD
TTD
Q4 25
$5.3B
$6.2B
Q3 25
$5.2B
$5.9B
Q2 25
$5.0B
$6.0B
Q1 25
$4.9B
$5.7B
Q4 24
$6.1B
Q3 24
$4.8B
$5.5B
Q2 24
$4.6B
$5.2B
Q1 24
$4.7B
Debt / Equity
ARDT
ARDT
TTD
TTD
Q4 25
0.84×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
Q4 24
Q3 24
1.08×
Q2 24
1.46×
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
ARDT
ARDT
TTD
TTD
Operating Cash FlowLast quarter
$223.4M
$311.6M
Free Cash FlowOCF − Capex
$285.3M
FCF MarginFCF / Revenue
33.7%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
4.97×
1.67×
TTM Free Cash FlowTrailing 4 quarters
$795.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
TTD
TTD
Q4 25
$223.4M
$311.6M
Q3 25
$154.4M
$224.7M
Q2 25
$117.5M
$165.0M
Q1 25
$-24.8M
$291.4M
Q4 24
$199.4M
Q3 24
$89.7M
$273.3M
Q2 24
$81.3M
Q1 24
$185.5M
Free Cash Flow
ARDT
ARDT
TTD
TTD
Q4 25
$285.3M
Q3 25
$158.3M
Q2 25
$119.8M
Q1 25
$232.3M
Q4 24
$179.2M
Q3 24
$224.6M
Q2 24
$59.1M
Q1 24
$178.2M
FCF Margin
ARDT
ARDT
TTD
TTD
Q4 25
33.7%
Q3 25
21.4%
Q2 25
17.3%
Q1 25
37.7%
Q4 24
24.2%
Q3 24
35.8%
Q2 24
10.1%
Q1 24
36.3%
Capex Intensity
ARDT
ARDT
TTD
TTD
Q4 25
3.1%
Q3 25
9.0%
Q2 25
6.5%
Q1 25
9.6%
Q4 24
2.7%
Q3 24
7.8%
Q2 24
3.8%
Q1 24
1.5%
Cash Conversion
ARDT
ARDT
TTD
TTD
Q4 25
4.97×
1.67×
Q3 25
1.94×
Q2 25
1.61×
1.83×
Q1 25
-0.60×
5.75×
Q4 24
1.09×
Q3 24
3.41×
2.90×
Q2 24
0.96×
Q1 24
5.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

TTD
TTD

Other$427.2M50%
Non Us$419.6M50%

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