The Trade Desk revenue and financials

TTD · NASDAQ · USD

$12.03+0.92%+$0.11

Close · October 7, 2026

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%.

Annual revenue · 2025: $2.9B
  1. $1.2B2021
  2. $1.58B2022
  3. $1.95B2023
  4. $2.44B2024
  5. $2.9B2025

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue715689847739694616741628585491606493
Cost of revenue18418216316215114313512311010410193.4
Gross profit531507684577543473606505474388505400
Selling, general and administrative288298296288292286283279269251259244
Research and development141143131128134132128118110108102118
Operating income10266.625716111754.519510894.728.714437.7
EBIT10266.625716111754.519510894.728.714437.7
EBITDA13298.127419414378.420312911650.415158.2
Interest expense0.70.40.70.40.40.40.40.40.40.41.7—
Pre-tax income11379.027018013375.822212711246.016157.0
Income tax48.739.083.364.043.125.139.433.027.514.463.417.6
Net income64.440.018711690.150.718294.285.031.797.339.4
Net income to common shareholders64.440.018711690.150.718294.285.031.797.339.4
Basic EPS0.140.080.390.240.180.100.370.190.170.060.200.08
Diluted EPS0.140.080.380.230.180.100.360.190.170.060.200.08
Average shares (basic)468475480488491495494492489489489489
Average shares (diluted)470477483493496503507503500498500502