Trade Desk, Inc.
TTD Information Technology · Software & IT ServicesEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−79 over range · as of 2026-06-30
Revenue +3.0% YoY, earnings -28.6% YoY · sector avg 82
▼−3 over range · as of 2026-06-30
9.0% net margin, 16% return on equity, 29% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 52
▲+3 over range · as of 2026-06-30
9x interest coverage, 1.7x current ratio · sector avg 78
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $715.1M +3.8% Gross margin 74.2% +0.6pp CHARTED Operating margin 14.2% +4.5pp Net margin 9.0% +3.2pp Net income $64.4M +61.0%Filings
24-09 → 26-06 · following the period bar 8 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | no filing | no filing | 10-Q Q3 2024 | 10-K FY 2024 |
Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 24-09 | 2024-09-30 | $628.0M |
| 24-12 | 2024-12-31 | $741.0M |
| 25-03 | 2025-03-31 | $616.0M |
| 25-06 | 2025-06-30 | $694.0M |
| 25-09 | 2025-09-30 | $739.4M |
| 25-12 | 2025-12-31 | $846.8M |
| 26-03 | 2026-03-31 | $688.9M |
| 26-06 | 2026-06-30 | $715.1M |
| Period | Period end | Net income |
|---|---|---|
| 24-09 | 2024-09-30 | $94.2M |
| 24-12 | 2024-12-31 | $182.2M |
| 25-03 | 2025-03-31 | $50.7M |
| 25-06 | 2025-06-30 | $90.1M |
| 25-09 | 2025-09-30 | $115.5M |
| 25-12 | 2025-12-31 | $186.9M |
| 26-03 | 2026-03-31 | $40.0M |
| 26-06 | 2026-06-30 | $64.4M |
| Period | Period end | Operating income |
|---|---|---|
| 24-09 | 2024-09-30 | $108.5M |
| 24-12 | 2024-12-31 | $195.3M |
| 25-03 | 2025-03-31 | $54.5M |
| 25-06 | 2025-06-30 | $116.8M |
| 25-09 | 2025-09-30 | $161.2M |
| 25-12 | 2025-12-31 | $256.9M |
| 26-03 | 2026-03-31 | $66.6M |
| 26-06 | 2026-06-30 | $101.6M |
| Period | Period end | Gross margin |
|---|---|---|
| 24-09 | 2024-09-30 | 80.5% |
| 24-12 | 2024-12-31 | 81.7% |
| 25-03 | 2025-03-31 | 76.8% |
| 25-06 | 2025-06-30 | 78.2% |
| 25-09 | 2025-09-30 | 78.1% |
| 25-12 | 2025-12-31 | 80.7% |
| 26-03 | 2026-03-31 | 73.6% |
| 26-06 | 2026-06-30 | 74.2% |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 24-09 | 2024-09-30 | 88 | 48 | 46 |
| 24-12 | 2024-12-31 | 82 | 58 | 81 |
| 25-03 | 2025-03-31 | 85 | 49 | 39 |
| 25-06 | 2025-06-30 | 52 | 54 | 44 |
| 25-09 | 2025-09-30 | 62 | 53 | 54 |
| 25-12 | 2025-12-31 | 38 | 60 | 77 |
| 26-03 | 2026-03-31 | 23 | 46 | 38 |
| 26-06 | 2026-06-30 | 9 | 46 | 48 |