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Side-by-side financial comparison of Noble Corp plc (NE) 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 $764.4M, roughly 1.1× Noble Corp plc). Trade Desk (The) runs the higher net margin — 22.1% vs 11.3%, a 10.7% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs -17.6%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $35.4M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 9.5%).
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
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.
NE vs TTD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $764.4M | $846.8M |
| Net Profit | $86.6M | $186.9M |
| Gross Margin | — | 80.7% |
| Operating Margin | 5.6% | 30.3% |
| Net Margin | 11.3% | 22.1% |
| Revenue YoY | -17.6% | 14.3% |
| Net Profit YoY | -10.4% | 2.6% |
| EPS (diluted) | $0.54 | $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 | $764.4M | $846.8M | ||
| Q3 25 | $798.0M | $739.4M | ||
| Q2 25 | $848.7M | $694.0M | ||
| Q1 25 | $874.5M | $616.0M | ||
| Q4 24 | $927.3M | $741.0M | ||
| Q3 24 | $800.5M | $628.0M | ||
| Q2 24 | $692.8M | $584.5M | ||
| Q1 24 | $637.1M | $491.3M |
| Q4 25 | $86.6M | $186.9M | ||
| Q3 25 | $-21.1M | $115.5M | ||
| Q2 25 | $42.9M | $90.1M | ||
| Q1 25 | $108.3M | $50.7M | ||
| Q4 24 | $96.6M | $182.2M | ||
| Q3 24 | $61.2M | $94.2M | ||
| Q2 24 | $195.0M | $85.0M | ||
| Q1 24 | $95.5M | $31.7M |
| 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% |
| Q4 25 | 5.6% | 30.3% | ||
| Q3 25 | 6.3% | 21.8% | ||
| Q2 25 | 15.9% | 16.8% | ||
| Q1 25 | 21.4% | 8.8% | ||
| Q4 24 | 18.4% | 26.4% | ||
| Q3 24 | 14.4% | 17.3% | ||
| Q2 24 | 30.3% | 16.2% | ||
| Q1 24 | 16.9% | 5.8% |
| Q4 25 | 11.3% | 22.1% | ||
| Q3 25 | -2.6% | 15.6% | ||
| Q2 25 | 5.1% | 13.0% | ||
| Q1 25 | 12.4% | 8.2% | ||
| Q4 24 | 10.4% | 24.6% | ||
| Q3 24 | 7.6% | 15.0% | ||
| Q2 24 | 28.1% | 14.5% | ||
| Q1 24 | 15.0% | 6.4% |
| Q4 25 | $0.54 | $0.39 | ||
| Q3 25 | $-0.13 | $0.23 | ||
| Q2 25 | $0.27 | $0.18 | ||
| Q1 25 | $0.67 | $0.10 | ||
| Q4 24 | $0.56 | $0.36 | ||
| Q3 24 | $0.40 | $0.19 | ||
| Q2 24 | $1.34 | $0.17 | ||
| Q1 24 | $0.66 | $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 | $471.4M | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.5B | $2.5B |
| Total Assets | $7.5B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $471.4M | $1.3B | ||
| Q3 25 | $477.9M | $1.4B | ||
| Q2 25 | $338.2M | $1.7B | ||
| Q1 25 | $303.8M | $1.7B | ||
| Q4 24 | $247.3M | $1.9B | ||
| Q3 24 | $391.9M | $1.7B | ||
| Q2 24 | $162.9M | $1.5B | ||
| Q1 24 | $212.5M | $1.4B |
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.5B | $2.6B | ||
| Q2 25 | $4.6B | $2.7B | ||
| Q1 25 | $4.7B | $2.7B | ||
| Q4 24 | $4.7B | $2.9B | ||
| Q3 24 | $4.7B | $2.6B | ||
| Q2 24 | $4.0B | $2.4B | ||
| Q1 24 | $3.9B | $2.2B |
| Q4 25 | $7.5B | $6.2B | ||
| Q3 25 | $7.6B | $5.9B | ||
| Q2 25 | $7.7B | $6.0B | ||
| Q1 25 | $7.9B | $5.7B | ||
| Q4 24 | $8.0B | $6.1B | ||
| Q3 24 | $8.0B | $5.5B | ||
| Q2 24 | $5.6B | $5.2B | ||
| Q1 24 | $5.4B | $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 | $187.1M | $311.6M |
| Free Cash FlowOCF − Capex | $35.4M | $285.3M |
| FCF MarginFCF / Revenue | 4.6% | 33.7% |
| Capex IntensityCapex / Revenue | 19.9% | 3.1% |
| Cash ConversionOCF / Net Profit | 2.16× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $432.2M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.1M | $311.6M | ||
| Q3 25 | $277.1M | $224.7M | ||
| Q2 25 | $216.4M | $165.0M | ||
| Q1 25 | $271.1M | $291.4M | ||
| Q4 24 | $136.2M | $199.4M | ||
| Q3 24 | $283.8M | $273.3M | ||
| Q2 24 | $106.8M | $81.3M | ||
| Q1 24 | $128.7M | $185.5M |
| Q4 25 | $35.4M | $285.3M | ||
| Q3 25 | $139.5M | $158.3M | ||
| Q2 25 | $99.8M | $119.8M | ||
| Q1 25 | $157.5M | $232.3M | ||
| Q4 24 | $-4.4M | $179.2M | ||
| Q3 24 | $156.8M | $224.6M | ||
| Q2 24 | $-34.3M | $59.1M | ||
| Q1 24 | $-37.9M | $178.2M |
| Q4 25 | 4.6% | 33.7% | ||
| Q3 25 | 17.5% | 21.4% | ||
| Q2 25 | 11.8% | 17.3% | ||
| Q1 25 | 18.0% | 37.7% | ||
| Q4 24 | -0.5% | 24.2% | ||
| Q3 24 | 19.6% | 35.8% | ||
| Q2 24 | -4.9% | 10.1% | ||
| Q1 24 | -6.0% | 36.3% |
| Q4 25 | 19.9% | 3.1% | ||
| Q3 25 | 17.3% | 9.0% | ||
| Q2 25 | 13.7% | 6.5% | ||
| Q1 25 | 13.0% | 9.6% | ||
| Q4 24 | 15.2% | 2.7% | ||
| Q3 24 | 15.9% | 7.8% | ||
| Q2 24 | 20.4% | 3.8% | ||
| Q1 24 | 26.2% | 1.5% |
| Q4 25 | 2.16× | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | 5.05× | 1.83× | ||
| Q1 25 | 2.50× | 5.75× | ||
| Q4 24 | 1.41× | 1.09× | ||
| Q3 24 | 4.64× | 2.90× | ||
| Q2 24 | 0.55× | 0.96× | ||
| Q1 24 | 1.35× | 5.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
