The Trade Desk, Inc. TTD NDXSPXR3K
Company Overview
The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices. It provides data and other value-added services. It serves advertising agencies, advertisers, and other service providers for agencies or advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.
Why Investors Should Care
Generates a return on equity of 16.7%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 20.4%.
Net profit has compounded at 212.4% per year over the last five years.
Revenue has grown at a 39.4% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.17.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $2.90B (+18.5% YoY); net profit $443.30M.
- Trailing 12 Months Year-on-year growth — revenue +11.8%, earnings -20.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 39.4%, profit CAGR 212.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 39.42% |
| 1 Year: | 11.80% |
Compounded Profit Growth
| 5 Years: | 212.44% |
| 1 Year: | -20.00% |
Stock Price Performance
| 1 Year: | -73.45% |
| 6 Months: | -50.72% |
| 3 Months: | -27.67% |
| 1 Month: | -18.34% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Kokai AI buying platform; Koa AI for media planning.
- Kokai AI platform The Trade Desk's Kokai uses AI to optimise programmatic ad buying — bidding, targeting and measurement across the open internet.
- AI-driven media optimisation Machine learning improves campaign performance and ROI for advertisers, reinforcing its platform edge.
- UID2 & data-driven targeting AI plus its identity framework (UID2) sharpen targeting in a post-cookie world.
- AI sharpens ad performance on the leading independent demand-side platform.
- Strong growth and profitability (net margin ~15%, ROE ~17%) with high retention.
- Open-internet positioning differentiates it from walled gardens.
- Ad-spend cyclicality and competition (Amazon) are key risks; valuation is premium.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 20.4%.
- Compounding revenue at 39.4% over 5 years.
- Profit CAGR of 212.4% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 73.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TTD The Trade Desk, Inc. NDXSPXR3K | 14.43 | 21.86 | $6.16B | 0.00% | 20.41% | 16.74% | 39.42% | 212.44% |
| 2 | GOOGL Alphabet Inc. NDXSPXR3KAITECH | 338.46 | 16.98 | $1.99T | 0.25% | 26.20% | 48.68% | 17.96% | 21.53% |
| 3 | META Meta Platforms, Inc. NDXSPXR3KAITECH | 616.77 | 23.23 | $1.36T | 0.36% | 25.69% | 29.85% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXR3KAI | 78.25 | 24.61 | $325.83B | 0.00% | 29.87% | 49.54% | 22.30% | 32.79% |
| 5 | VZ Verizon Communications Inc. SPXR3K | 50.35 | 13.11 | $209.19B | 6.02% | 8.56% | 15.84% | 2.33% | 6.90% |
| 6 | TMUS T-Mobile US, Inc. NDXSPXR3K | 183.36 | 19.18 | $196.69B | 2.27% | 9.39% | 17.99% | 22.63% | 28.77% |
| 7 | DIS The Walt Disney Company SPXR3K | 105.31 | 21.71 | $181.84B | 1.43% | 10.74% | 8.01% | 6.96% | 4.12% |
| 8 | T AT&T Inc. SPXR3K | 25.68 | 8.45 | $175.97B | 4.68% | 6.59% | 18.34% | 0.31% | 3.44% |
| 9 | SPOT Spotify Technology S.A. R3KAITECH | 542.43 | 29.58 | $111.53B | 0.00% | 24.61% | 44.48% | 13.59% | - |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 72.80M | 79.41M | 85.67M | 112.33M | 118.83M | 120.99M | 159.92M | 164.20M | 160.66M | 139.35M | 216.11M | 219.81M | 279.97M | 301.09M | 315.32M | 376.96M | 394.77M | 382.80M | 464.25M | 493.27M | 491.25M | 584.55M | 628.02M | 616.02M | 694.04M | 739.43M | 846.79M | 688.86M | 715.06M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 142.84M | 150.98M | 162.15M | 163.09M | 181.97M | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 473.18M | 543.06M | 577.28M | 683.70M | 506.89M | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 418.73M | 426.28M | 416.06M | 426.82M | 440.24M | - |
| Operating Income | 9.19M | 3.40M | 15.03M | 15.05M | 1.94M | 19.69M | 18.41M | 9.93M | 26.16M | 22.26M | 5.67M | 31.95M | 21.93M | 10.77M | -15.77M | 42.78M | 7.78M | 61.95M | 80.45M | -17.05M | 1.74M | 28.80M | -23.31M | 41.67M | 37.68M | 28.66M | 94.72M | 108.48M | 54.45M | 116.78M | 161.22M | 256.87M | 66.65M | 101.58M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100.13M | 143.48M | 194.35M | 288.83M | 110.76M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 376.00K | - | - | - | 373.00K | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 75.77M | 133.20M | 179.52M | 270.27M | 78.96M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.09M | 43.07M | 63.97M | 83.32M | 38.96M | - |
| Net Income | 4.61M | -1.04M | 7.60M | 3.64M | 4.91M | 18.85M | 10.23M | 9.07M | 19.34M | 20.29M | 10.15M | 27.80M | 19.42M | 24.06M | 25.11M | 41.25M | 22.64M | 47.70M | 59.38M | -14.60M | -19.07M | 15.87M | 9.33M | 32.94M | 39.35M | 31.66M | 85.03M | 94.16M | 50.68M | 90.13M | 115.55M | 186.95M | 40.00M | 64.39M |
| Diluted EPS | 0.10 | -4.45 | 0.15 | 0.06 | 0.11 | 0.43 | 0.23 | 0.20 | 0.43 | 0.44 | 0.21 | 0.58 | 0.40 | 0.50 | 0.05 | 0.08 | 0.05 | 0.10 | 0.12 | -0.03 | -0.04 | 0.03 | 0.02 | 0.07 | 0.08 | 0.06 | 0.17 | 0.19 | 0.10 | 0.18 | 0.23 | 0.39 | 0.08 | 0.14 |
| R&D Expense | 3.41M | 4.64M | 5.76M | 7.29M | 10.46M | 12.13M | 13.18M | 17.70M | 19.48M | 22.62M | 25.31M | 29.45M | 29.18M | 36.79M | 40.06M | 41.08M | 53.92M | 53.54M | 55.85M | 72.00M | 83.48M | 79.92M | 93.71M | 98.31M | 117.77M | 107.69M | 110.03M | 117.70M | 132.40M | 134.25M | 127.89M | - | 142.72M | 140.74M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 202.93M | 308.22M | 477.29M | 661.06M | 836.03M | - | 1.58B | 1.95B | 2.44B | 2.90B |
| Cost of Revenue | - | - | - | - | - | - | - | - | 281.12M | 365.60M | 472.01M | 619.07M |
| Gross Profit | - | - | - | - | - | - | - | - | 1.30B | 1.58B | 1.97B | 2.28B |
| Operating Expenses | - | - | - | - | - | - | - | - | 1.18B | 1.38B | 1.55B | 1.69B |
| Operating Income | 764.00K | 37.98M | 57.52M | 69.36M | 107.32M | 112.20M | 144.21M | - | 113.65M | 200.48M | 427.17M | 589.32M |
| EBITDA | - | - | - | - | - | - | - | - | 168.08M | 280.90M | 514.66M | 705.11M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | 127.37M | 268.00M | 507.30M | 658.75M |
| Tax Provision | - | - | - | - | - | - | - | - | 73.98M | 89.06M | 114.23M | 215.45M |
| Net Income | 5.00K | 15.93M | 20.48M | 50.80M | 88.14M | 108.32M | 242.32M | - | 53.38M | 178.94M | 393.08M | 443.30M |
| Diluted EPS | - | 0.39 | -1.46 | 1.15 | 1.92 | 0.23 | 0.49 | - | 0.11 | 0.36 | 0.78 | 0.90 |
| R&D Expense | 7.25M | 12.82M | 27.31M | 52.81M | 83.89M | 116.75M | 166.65M | 226.14M | 319.88M | 411.79M | 463.32M | 525.14M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 210.23M | 537.60M | 797.16M | 1.12B | 1.73B | 2.75B | - | 4.38B | 4.89B | 6.11B | 6.15B |
| Current Assets | - | - | - | - | - | - | - | - | - | 3.85B | 4.31B | 5.34B | 5.26B |
| Cash & Equivalents | 6.37M | 17.32M | 4.05M | 133.40M | 155.95M | 207.23M | 130.88M | 437.35M | - | 1.03B | 895.13M | 1.37B | 658.17M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | 2.35B | 2.87B | 3.33B | 3.77B |
| Total Liabilities | - | - | 171.88M | 373.22M | 551.58M | 723.30M | 1.12B | 1.74B | - | 2.27B | 2.72B | 3.16B | 3.67B |
| Current Liabilities | - | - | 118.90M | 344.14M | 518.53M | 713.99M | 930.37M | 1.47B | - | 2.03B | 2.51B | 2.87B | 3.27B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | 260.96M | 235.89M | 312.21M | 436.33M |
| Total Equity | -5.69M | -6.13M | 14.14M | 164.38M | 245.58M | 394.57M | 612.52M | 1.01B | - | 2.12B | 2.16B | 2.95B | 2.48B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | 490.47M | 488.92M | 496.10M | 475.92M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | 75.03M | 31.22M | 86.60M | 60.20M | 405.07M | - | 548.73M | 598.32M | 739.46M | 992.72M |
| Investing Cash Flow | - | - | -9.22M | -16.06M | -25.19M | -163.84M | -143.27M | - | -304.37M | -107.59M | -157.51M | -292.63M |
| Financing Cash Flow | - | - | 63.54M | 7.39M | -10.13M | 27.28M | 44.68M | - | 31.99M | -626.11M | -107.61M | -1.41B |
| Capital Expenditure | -832.00K | -5.13M | -6.88M | -10.11M | -19.80M | -35.69M | -74.06M | - | -91.89M | -55.02M | -107.06M | -209.76M |
| Free Cash Flow | - | - | 68.15M | 21.11M | 66.81M | 24.51M | 331.01M | - | 456.85M | 543.30M | 632.39M | 782.96M |
| Net Change in Cash | - | - | - | - | - | - | - | - | 276.35M | -135.38M | 474.33M | -711.29M |
| Share Buybacks | - | - | - | - | - | - | - | 0 | 0 | 646.60M | 234.78M | 1.38B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 82.2% | 81.2% | 80.7% | 78.6% |
| Operating Margin % | - | - | 28.3% | 22.5% | 22.5% | 17.0% | 17.2% | - | 7.2% | 10.3% | 17.5% | 20.3% |
| Net Margin % | - | - | 10.1% | 16.5% | 18.5% | 16.4% | 29.0% | - | 3.4% | 9.2% | 16.1% | 15.3% |
| ROE % | -0.1% | 112.6% | 12.5% | 20.7% | 22.3% | 17.7% | 23.9% | - | 2.5% | 8.3% | 13.3% | 17.8% |
| ROCE % | - | 41.6% | 29.7% | 24.9% | 26.6% | 14.1% | 11.3% | - | 4.8% | 8.4% | 13.2% | 20.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.65% | 32.67M | $443.31M |
| 2 | State Street Corporation | 7.33% | 31.29M | $424.55M |
| 3 | Vanguard Capital Management LLC | 6.54% | 27.90M | $378.60M |
| 4 | Vanguard Portfolio Management LLC | 4.54% | 19.38M | $262.99M |
| 5 | Two Sigma Investments, LP | 4.00% | 17.05M | $231.38M |
| 6 | Geode Capital Management, LLC | 3.78% | 16.13M | $218.95M |
| 7 | Invesco Ltd. | 3.22% | 13.76M | $186.72M |
| 8 | Goldman Sachs Group Inc | 3.16% | 13.47M | $182.75M |
| 9 | Alyeska Investment Group, L.p. | 2.61% | 11.12M | $150.89M |
| 10 | Federated Hermes, Inc. | 2.55% | 10.88M | $147.61M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TTD
TTD Stock Faces ‘New Reality’ As Analyst Warns Of 50% Downside Risk - Stocktwits
<a href="https://news.google.com/rss/articles/CBMixwFBVV95cUxQWEdBQkhCckdfelJEdWFOX0Vvb1I5X0ExUWZtSkE0RzFNS0FZS0hGNEVtODFRSXlLNkVFTU9vLVR5SFBjeVpkay1DNkVjWGZYblRzRU1Vd1ZJUFpGT3kyV3J3MVpnUE9ZaDkxaEduSFBETUgtbXI4OGtjMjZvMEFFZWpYd01Dd1ZtVTZBSm…
Trade Desk Layoffs Follow Disappointing Financial Reports, Stock Declines 09/08/2026 - MediaPost
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxQaVl5Q2lFYTA5WkRMM3dfRlI1R0RlTGotdjFOZTZyUEhiUDl5Q3FGNDBFVlVSbGd3OVFyN0tIT19aUFhkUzhpNnhQTF82N0RWeThINnZFVHRRZ0Fycnk4MGZnSGh6bHJpano0WjQwanI1MXgxNDZtbUJfS1FEeU9iamtqVGRqbEszRTE1R3…
TTD Stock Plunges 60% Year to Date: Time to Cut Losses and Exit? - Yahoo Finance
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Why Trade Desk (TTD) Is Up 5.2% After Embedding LoopMe Brand Lift Into Its Marketplace - simplywall.st
<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxNU04wOFVvdks1ZlZ2bzEzaDNuUk00ckJnUFpvT1J6RnRFelpRejdadzcwanRzcDlVVGZOckpaQVk2OC14dlkyNjAyeXBqZ0hFUFR6VE54UjlKdE5wTWkyc21KcGlhWUhPeHhIYUtPVWJobGtraFlHRXJTQno5UDRRbG1jWU95Vm0xc1I0T1…
The Trade Desk Stock (TTD) Opinions on Recent Earnings Guidance and Market Decline - quiverquant.com
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxPWW9kbnNfc3UtdFlhMjJpYi1ZNWtHelVmallwbVE1WDBfRlFIU0N5RF9KYjBqOXlsczVIRERHcmFoR1ZMNlBtdlBpTkRxbHpuLXEzdjNpWFBoWThRUUt5RzZwNlZqVnYwbFRJRXM3ejRneC15N2VHN1IzV0llMGdCb0Z2cVpnWHR0QVZnSn…
Why The Trade Desk Stock Rallied Today - The Motley Fool
<a href="https://news.google.com/rss/articles/CBMiiAFBVV95cUxQQUkyb0pMUkhLYWZzZFZFMVRRbUxoWkxsdnBvbHBQVHhFRmxtdkJROGQ2UDNLcUJ4UURtZVF3bVI3a2t5SjQtLTBnMkdobzlJM3dSUmZLU3ZmQjVrOWlUYnNkU214Z0V4LU9FTTJNM0JUSk85TGUwbURUVlphd1BsT3lvc3kzSkdw?oc=5"…
TTD — Frequently Asked Questions
What is the current share price of The Trade Desk, Inc. (TTD)?
As of 2026-09-07 16:24 PDT, The Trade Desk, Inc. (TTD) trades at $14.43 on NasdaqGM. Its 52-week range is $13.03 to $55.36.
What is the market capitalisation of TTD?
The Trade Desk, Inc. (TTD) has a market capitalisation of $6.16B on NasdaqGM.
What is the P/E ratio of TTD?
TTD trades at a trailing price-to-earnings (P/E) ratio of 21.86. The industry average P/E is 19.18. Its price-to-book (P/B) ratio is 2.65.
What is the return on equity (ROE) of TTD?
TTD has a return on equity (ROE) of 16.74%. Its return on capital employed (ROCE) is 20.41%.
Is TTD a good stock to buy?
This page provides a data-driven analysis of The Trade Desk, Inc. (TTD), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.