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Side-by-side financial comparison of Trade Desk (The) (TTD) and UDR, Inc. (UDR). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($846.8M vs $433.1M, roughly 2.0× UDR, Inc.). UDR, Inc. runs the higher net margin — 51.5% vs 22.1%, a 29.4% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs 2.5%). UDR, Inc. produced more free cash flow last quarter ($650.0M vs $285.3M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 2.3%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
TTD vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $846.8M | $433.1M |
| Net Profit | $186.9M | $222.9M |
| Gross Margin | 80.7% | — |
| Operating Margin | 30.3% | 64.1% |
| Net Margin | 22.1% | 51.5% |
| Revenue YoY | 14.3% | 2.5% |
| Net Profit YoY | 2.6% | 4519.2% |
| EPS (diluted) | $0.39 | $0.67 |
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 | $433.1M | ||
| Q3 25 | $739.4M | $431.9M | ||
| Q2 25 | $694.0M | $425.4M | ||
| Q1 25 | $616.0M | $421.9M | ||
| Q4 24 | $741.0M | $422.7M | ||
| Q3 24 | $628.0M | $420.2M | ||
| Q2 24 | $584.5M | $415.3M | ||
| Q1 24 | $491.3M | $413.6M |
| Q4 25 | $186.9M | $222.9M | ||
| Q3 25 | $115.5M | $40.4M | ||
| Q2 25 | $90.1M | $37.7M | ||
| Q1 25 | $50.7M | $76.7M | ||
| Q4 24 | $182.2M | $-5.0M | ||
| Q3 24 | $94.2M | $22.6M | ||
| Q2 24 | $85.0M | $28.9M | ||
| Q1 24 | $31.7M | $43.1M |
| 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 | 30.3% | 64.1% | ||
| Q3 25 | 21.8% | 17.7% | ||
| Q2 25 | 16.8% | 18.2% | ||
| Q1 25 | 8.8% | 29.0% | ||
| Q4 24 | 26.4% | 15.7% | ||
| Q3 24 | 17.3% | 16.6% | ||
| Q2 24 | 16.2% | 16.5% | ||
| Q1 24 | 5.8% | 19.3% |
| Q4 25 | 22.1% | 51.5% | ||
| Q3 25 | 15.6% | 9.4% | ||
| Q2 25 | 13.0% | 8.9% | ||
| Q1 25 | 8.2% | 18.2% | ||
| Q4 24 | 24.6% | -220.5% | ||
| Q3 24 | 15.0% | 5.4% | ||
| Q2 24 | 14.5% | 7.0% | ||
| Q1 24 | 6.4% | 10.4% |
| Q4 25 | $0.39 | $0.67 | ||
| Q3 25 | $0.23 | $0.12 | ||
| Q2 25 | $0.18 | $0.11 | ||
| Q1 25 | $0.10 | $0.23 | ||
| Q4 24 | $0.36 | $-0.01 | ||
| Q3 24 | $0.19 | $0.06 | ||
| Q2 24 | $0.17 | $0.08 | ||
| Q1 24 | $0.06 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $1.2M |
| Total DebtLower is stronger | — | $5.8B |
| Stockholders' EquityBook value | $2.5B | $3.3B |
| Total Assets | $6.2B | $10.6B |
| Debt / EquityLower = less leverage | — | 1.77× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $1.2M | ||
| Q3 25 | $1.4B | $1.2M | ||
| Q2 25 | $1.7B | $1.5M | ||
| Q1 25 | $1.7B | $1.3M | ||
| Q4 24 | $1.9B | $1.3M | ||
| Q3 24 | $1.7B | $2.3M | ||
| Q2 24 | $1.5B | $2.8M | ||
| Q1 24 | $1.4B | $2.1M |
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B | ||
| Q1 24 | — | $5.8B |
| Q4 25 | $2.5B | $3.3B | ||
| Q3 25 | $2.6B | $3.3B | ||
| Q2 25 | $2.7B | $3.3B | ||
| Q1 25 | $2.7B | $3.3B | ||
| Q4 24 | $2.9B | $3.4B | ||
| Q3 24 | $2.6B | $3.5B | ||
| Q2 24 | $2.4B | $3.7B | ||
| Q1 24 | $2.2B | $3.9B |
| Q4 25 | $6.2B | $10.6B | ||
| Q3 25 | $5.9B | $10.6B | ||
| Q2 25 | $6.0B | $10.6B | ||
| Q1 25 | $5.7B | $10.7B | ||
| Q4 24 | $6.1B | $10.9B | ||
| Q3 24 | $5.5B | $11.1B | ||
| Q2 24 | $5.2B | $11.1B | ||
| Q1 24 | $4.7B | $11.2B |
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 1.47× |
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 | $311.6M | $902.9M |
| Free Cash FlowOCF − Capex | $285.3M | $650.0M |
| FCF MarginFCF / Revenue | 33.7% | 150.1% |
| Capex IntensityCapex / Revenue | 3.1% | 58.4% |
| Cash ConversionOCF / Net Profit | 1.67× | 4.05× |
| TTM Free Cash FlowTrailing 4 quarters | $795.7M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.6M | $902.9M | ||
| Q3 25 | $224.7M | $234.9M | ||
| Q2 25 | $165.0M | $250.3M | ||
| Q1 25 | $291.4M | $156.2M | ||
| Q4 24 | $199.4M | $876.8M | ||
| Q3 24 | $273.3M | $230.3M | ||
| Q2 24 | $81.3M | $238.5M | ||
| Q1 24 | $185.5M | $167.6M |
| Q4 25 | $285.3M | $650.0M | ||
| Q3 25 | $158.3M | $164.6M | ||
| Q2 25 | $119.8M | $190.1M | ||
| Q1 25 | $232.3M | $103.2M | ||
| Q4 24 | $179.2M | $627.0M | ||
| Q3 24 | $224.6M | $161.3M | ||
| Q2 24 | $59.1M | $171.1M | ||
| Q1 24 | $178.2M | $115.0M |
| Q4 25 | 33.7% | 150.1% | ||
| Q3 25 | 21.4% | 38.1% | ||
| Q2 25 | 17.3% | 44.7% | ||
| Q1 25 | 37.7% | 24.5% | ||
| Q4 24 | 24.2% | 148.3% | ||
| Q3 24 | 35.8% | 38.4% | ||
| Q2 24 | 10.1% | 41.2% | ||
| Q1 24 | 36.3% | 27.8% |
| Q4 25 | 3.1% | 58.4% | ||
| Q3 25 | 9.0% | 16.3% | ||
| Q2 25 | 6.5% | 14.2% | ||
| Q1 25 | 9.6% | 12.6% | ||
| Q4 24 | 2.7% | 59.1% | ||
| Q3 24 | 7.8% | 16.4% | ||
| Q2 24 | 3.8% | 16.2% | ||
| Q1 24 | 1.5% | 12.7% |
| Q4 25 | 1.67× | 4.05× | ||
| Q3 25 | 1.94× | 5.81× | ||
| Q2 25 | 1.83× | 6.64× | ||
| Q1 25 | 5.75× | 2.04× | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 2.90× | 10.19× | ||
| Q2 24 | 0.96× | 8.26× | ||
| Q1 24 | 5.86× | 3.88× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
UDR
Segment breakdown not available.
