The Trade Desk revenue and financials
$12.04Change from previous close: +1.01%Absolute change: +$0.12
In the fiscal year ended December 2025, The Trade Desk reported revenue of $2.9B (+18.47% year over year). Net income was $443.3M, a net margin of 15.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +18.47%
- 2025 vs 2024
- Net income growth
- +12.78%
- 2025 vs 2024
- Net margin
- 15.3%
- 2024: 16.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 5,764 | 5,734 | 6,153 | 5,940 | 5,958 | 5,705 | 6,112 | 5,505 | 5,160 | 4,664 | 4,889 | 4,520 |
| Current assets | 4,816 | 4,862 | 5,261 | 5,120 | 5,054 | 4,856 | 5,336 | 4,838 | 4,523 | 4,096 | 4,314 | 4,014 |
| Cash and equivalents | 1,123 | 878 | 658 | 653 | 896 | 1,119 | 1,369 | 1,221 | 1,009 | 918 | 895 | 1,072 |
| Short-term investments | 362 | 528 | 645 | 792 | 791 | 622 | 552 | 510 | 497 | 501 | 485 | 450 |
| Receivables | 3,201 | 3,324 | 3,770 | 3,478 | 3,255 | 3,052 | 3,330 | 2,989 | 2,906 | 2,619 | 2,870 | 2,434 |
| Net property, plant and equipment | 790 | 716 | 739 | 610 | 579 | 530 | 473 | 440 | 421 | 352 | 359 | 361 |
| Other intangible assets | — | — | 19.9 | — | — | — | 14.6 | — | — | — | 16.9 | — |
| Current liabilities | 2,794 | 2,890 | 3,266 | 2,995 | 2,949 | 2,682 | 2,873 | 2,615 | 2,518 | 2,283 | 2,511 | 2,147 |
| Accounts payable | 2,563 | 2,633 | 3,008 | 2,761 | 2,724 | 2,399 | 2,631 | 2,410 | 2,337 | 2,095 | 2,317 | 1,968 |
| Total debt | 434 | 424 | 436 | 376 | 344 | — | — | — | — | — | — | — |
| Total liabilities | 3,190 | 3,281 | 3,669 | 3,340 | 3,262 | 2,989 | 3,163 | 2,880 | 2,755 | 2,497 | 2,724 | 2,365 |
| Total equity (incl. minority) | 2,574 | 2,453 | 2,484 | 2,601 | 2,696 | 2,717 | 2,949 | 2,626 | 2,405 | 2,167 | 2,164 | 2,156 |
| Retained earnings | -719 | -725 | -591 | -364 | -162 | 4.5 | 354 | 229 | 188 | 103 | 197 | 320 |
