Trade Desk, Inc.

TTD Information Technology · Software & IT Services

Latest period 2026-06-30 · 31 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

TTM 23-09 → TTM 26-06 12 TTM POINTS

SHOWING Trailing twelve months — each point sums the four quarters ending there.

Ranked against Information Technology · 103 peers

Each 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.

Growth 9th pct

▼−76 over range · as of 2026-06-30

Revenue +3.0% YoY, earnings -28.6% YoY · sector avg 82

Quality 46th pct

▲+7 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

Safety 48th pct

▼−16 over range · as of 2026-06-30

9x interest coverage, 1.7x current ratio · sector avg 78

OVERVIEWvs prior TTM Δ

Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it

Revenue $3.0B +0.7% Gross margin 76.9% −1.0pp CHARTED Operating margin 19.6% −0.7pp Net margin 13.6% −1.0pp Net income $406.9M −5.9%

Debt / equity — —

EPS (diluted) — — EBITDA $713.0M −1.6%

Filings

TTM 23-09 → TTM 26-06 · following the period bar 15 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
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	10-Q Q1 2024	10-Q Q2 2024	10-Q Q3 2024	10-K FY 2024
2023	10-Q Q1 2023	10-Q Q2 2023	10-Q Q3 2023	10-K FY 2023
2022	no filing	no filing	no filing	10-K FY 2022

10-Q Q2 2026 2026-08-06 Pro → 10-Q Q1 2026 2026-05-07 Pro → 10-K FY 2025 2026-02-27 Pro → 10-Q Q3 2025 2025-11-06 Pro → 10-Q Q2 2025 2025-08-07 Pro → 10-Q Q1 2025 2025-05-08 Pro →

All 15 filings

10-K FY 2024 2025-02-21 Pro → 10-Q Q3 2024 2024-11-07 Pro → 10-Q Q2 2024 2024-08-08 Pro → 10-Q Q1 2024 2024-05-10 Pro → 10-K FY 2023 2024-02-15 Pro → 10-Q Q3 2023 2023-11-09 Pro → 10-Q Q2 2023 2023-08-09 Pro → 10-Q Q1 2023 2023-05-10 Pro → 10-K FY 2022 2023-02-15 Pro →

Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans

Trends

Trailing twelve months, rolling one quarter at a time

Revenue

Latest$3.0B vs prior TTM+0.7% Periods12

Revenue by period
Period	Period end	Revenue
TTM 23-09	2023-09-30	$1.8B
TTM 23-12	2023-12-31	$1.9B
TTM 24-03	2024-03-31	$2.1B
TTM 24-06	2024-06-30	$2.2B
TTM 24-09	2024-09-30	$2.3B
TTM 24-12	2024-12-31	$2.4B
TTM 25-03	2025-03-31	$2.6B
TTM 25-06	2025-06-30	$2.7B
TTM 25-09	2025-09-30	$2.8B
TTM 25-12	2025-12-31	$2.9B
TTM 26-03	2026-03-31	$3.0B
TTM 26-06	2026-06-30	$3.0B

Net income

Latest$406.9M vs prior TTM−5.9% Periods12

Net income by period
Period	Period end	Net income
TTM 23-09	2023-09-30	$152.8M
TTM 23-12	2023-12-31	$178.9M
TTM 24-03	2024-03-31	$201.3M
TTM 24-06	2024-06-30	$253.4M
TTM 24-09	2024-09-30	$308.2M
TTM 24-12	2024-12-31	$393.1M
TTM 25-03	2025-03-31	$412.1M
TTM 25-06	2025-06-30	$417.2M
TTM 25-09	2025-09-30	$438.6M
TTM 25-12	2025-12-31	$443.3M
TTM 26-03	2026-03-31	$432.6M
TTM 26-06	2026-06-30	$406.9M

Operating income

Latest$586.3M vs prior TTM−2.5% Periods12

Operating income by period
Period	Period end	Operating income
TTM 23-09	2023-09-30	$156.2M
TTM 23-12	2023-12-31	$200.5M
TTM 24-03	2024-03-31	$252.4M
TTM 24-06	2024-06-30	$305.5M
TTM 24-09	2024-09-30	$376.3M
TTM 24-12	2024-12-31	$427.2M
TTM 25-03	2025-03-31	$453.0M
TTM 25-06	2025-06-30	$475.0M
TTM 25-09	2025-09-30	$527.8M
TTM 25-12	2025-12-31	$589.3M
TTM 26-03	2026-03-31	$601.5M
TTM 26-06	2026-06-30	$586.3M

Gross margin

Latest76.9% vs prior TTM−1.0pp Periods12

Gross margin by period
Period	Period end	Gross margin
TTM 23-09	2023-09-30	81.2%
TTM 23-12	2023-12-31	81.2%
TTM 24-03	2024-03-31	81.3%
TTM 24-06	2024-06-30	81.2%
TTM 24-09	2024-09-30	81.1%
TTM 24-12	2024-12-31	80.7%
TTM 25-03	2025-03-31	80.1%
TTM 25-06	2025-06-30	79.4%
TTM 25-09	2025-09-30	78.8%
TTM 25-12	2025-12-31	78.6%
TTM 26-03	2026-03-31	77.8%
TTM 26-06	2026-06-30	76.9%

ZOOM

TTM 18-12 TTM 26-06

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.

Growth 9 Quality 46 Safety 48

Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100

Grade history by period
Period	Period end	Growth	Quality	Safety
TTM 23-09	2023-09-30	86	39	65
TTM 23-12	2023-12-31	75	40	63
TTM 24-03	2024-03-31	89	35	38
TTM 24-06	2024-06-30	91	48	48
TTM 24-09	2024-09-30	88	48	46
TTM 24-12	2024-12-31	82	58	81
TTM 25-03	2025-03-31	85	49	39
TTM 25-06	2025-06-30	52	54	44
TTM 25-09	2025-09-30	62	53	54
TTM 25-12	2025-12-31	38	60	77
TTM 26-03	2026-03-31	23	46	38
TTM 26-06	2026-06-30	9	46	48