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Side-by-side financial comparison of CARTERS INC (CRI) 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 $757.8M, roughly 1.1× CARTERS INC). Trade Desk (The) runs the higher net margin — 22.1% vs 1.5%, a 20.5% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs -0.1%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
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.
CRI vs TTD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $846.8M |
| Net Profit | $11.6M | $186.9M |
| Gross Margin | 45.1% | 80.7% |
| Operating Margin | 3.8% | 30.3% |
| Net Margin | 1.5% | 22.1% |
| Revenue YoY | -0.1% | 14.3% |
| Net Profit YoY | -80.1% | 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.
| Q4 25 | — | $846.8M | ||
| Q3 25 | $757.8M | $739.4M | ||
| Q2 25 | $585.3M | $694.0M | ||
| Q1 25 | $629.8M | $616.0M | ||
| Q4 24 | — | $741.0M | ||
| Q3 24 | — | $628.0M | ||
| Q2 24 | — | $584.5M | ||
| Q1 24 | — | $491.3M |
| Q4 25 | — | $186.9M | ||
| Q3 25 | $11.6M | $115.5M | ||
| Q2 25 | $446.0K | $90.1M | ||
| Q1 25 | $15.5M | $50.7M | ||
| Q4 24 | — | $182.2M | ||
| Q3 24 | — | $94.2M | ||
| Q2 24 | — | $85.0M | ||
| Q1 24 | — | $31.7M |
| Q4 25 | — | 80.7% | ||
| Q3 25 | 45.1% | 78.1% | ||
| Q2 25 | 48.1% | 78.2% | ||
| Q1 25 | 46.2% | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% | ||
| Q1 24 | — | 78.9% |
| Q4 25 | — | 30.3% | ||
| Q3 25 | 3.8% | 21.8% | ||
| Q2 25 | 0.7% | 16.8% | ||
| Q1 25 | 4.1% | 8.8% | ||
| Q4 24 | — | 26.4% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | — | 22.1% | ||
| Q3 25 | 1.5% | 15.6% | ||
| Q2 25 | 0.1% | 13.0% | ||
| Q1 25 | 2.5% | 8.2% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 14.5% | ||
| Q1 24 | — | 6.4% |
| Q4 25 | — | $0.39 | ||
| Q3 25 | $0.32 | $0.23 | ||
| Q2 25 | $0.01 | $0.18 | ||
| Q1 25 | $0.43 | $0.10 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | — | $0.19 | ||
| Q2 24 | — | $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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.2M | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $864.6M | $2.5B |
| Total Assets | $2.5B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | $184.2M | $1.4B | ||
| Q2 25 | $338.2M | $1.7B | ||
| Q1 25 | $320.8M | $1.7B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | — | $2.5B | ||
| Q3 25 | $864.6M | $2.6B | ||
| Q2 25 | $853.9M | $2.7B | ||
| Q1 25 | $847.2M | $2.7B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | — | $6.2B | ||
| Q3 25 | $2.5B | $5.9B | ||
| Q2 25 | $2.5B | $6.0B | ||
| Q1 25 | $2.3B | $5.7B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | — | $5.2B | ||
| Q1 24 | — | $4.7B |
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 | $-128.0M | $311.6M |
| Free Cash FlowOCF − Capex | $-144.1M | $285.3M |
| FCF MarginFCF / Revenue | -19.0% | 33.7% |
| Capex IntensityCapex / Revenue | 2.1% | 3.1% |
| Cash ConversionOCF / Net Profit | -11.04× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | — | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $311.6M | ||
| Q3 25 | $-128.0M | $224.7M | ||
| Q2 25 | $40.3M | $165.0M | ||
| Q1 25 | $-48.6M | $291.4M | ||
| Q4 24 | — | $199.4M | ||
| Q3 24 | — | $273.3M | ||
| Q2 24 | — | $81.3M | ||
| Q1 24 | — | $185.5M |
| Q4 25 | — | $285.3M | ||
| Q3 25 | $-144.1M | $158.3M | ||
| Q2 25 | $24.1M | $119.8M | ||
| Q1 25 | $-59.0M | $232.3M | ||
| Q4 24 | — | $179.2M | ||
| Q3 24 | — | $224.6M | ||
| Q2 24 | — | $59.1M | ||
| Q1 24 | — | $178.2M |
| Q4 25 | — | 33.7% | ||
| Q3 25 | -19.0% | 21.4% | ||
| Q2 25 | 4.1% | 17.3% | ||
| Q1 25 | -9.4% | 37.7% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 36.3% |
| Q4 25 | — | 3.1% | ||
| Q3 25 | 2.1% | 9.0% | ||
| Q2 25 | 2.8% | 6.5% | ||
| Q1 25 | 1.6% | 9.6% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | 1.67× | ||
| Q3 25 | -11.04× | 1.94× | ||
| Q2 25 | 90.37× | 1.83× | ||
| Q1 25 | -3.13× | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 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
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
