NASDAQ:TTD
Trade Desk, Inc.
Trade Desk, Inc.'s revenue grew 18.5% in fiscal 2025 to $2.9B while operating margin rose to 20.3%. Free cash flow was $795.7M, 27.5% of revenue, and the diluted share count fell 1.7%.Summary generated from Trade Desk, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.9B
Revenue growth+18.5%
Revenue, 5-yr CAGR+28.2%
Gross margin78.6%
Operating margin20.3%
Net margin15.3%
ROICn/a
Return on equity16.3%
Debt / equityn/a
Free cash flow$795.7M
FCF margin27.5%
Share count change−1.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,196 | 1,578 | 1,946 | 2,445 | 2,896 |
| Operating income | 125 | 114 | 200 | 427 | 589 |
| Net income | 138 | 53 | 179 | 393 | 443 |
| Free cash flow | 324 | 465 | 552 | 641 | 796 |
Recent filings
- DEF 14AProxy statement
Sep 18, 2026 - 4Insider transaction report
Sep 16, 2026 - 8-KDirector or officer change
Sep 15, 2026 - 4Insider transaction report
Sep 14, 2026 - 8-KCosts of exit or disposal activities
Sep 4, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KDirector or officer change
Jul 13, 2026