The Trade Desk

TTD Communication Services Advertising Agencies

The Trade Desk’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 18.5% from fiscal 2024.

Revenue
+3.03%
EPS
−22.2%
Free cash flow
+29.8%

Quarter to June 2026, against a year earlier

12.74 0.07 −0.55%
Market cap
$6.1B
P/E
15.1×
Fwd P/E
32.6×
Dividend yield
—
F-score
7/9
Altman Z
4.07
Beneish M
−2.80
Dividend safety
n/a

The Trade Desk 10-K filed Feb 27, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 4:13 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 21, 2025: 15 added · 18 removed · 46 modified; 3 with only figures updated; 7 moved without change

  1. Removed · Overview

    The Trade Desk, Inc. (the “Company,” “we,” “our,” or “The Trade Desk”) offers a self-service, cloud-based ad-buying platform that empowers our clients to plan, manage, optimize and measure more expressive data-driven digital advertising campaigns. Our platform allows clients to execute integrated campaigns across ad formats and channels, including connected television (“CTV”) and other video, display, audio, and native, on a multitude of devices, such as televisions, streaming devices, mobile devices, computers and digital-out-of-home devices. Our platform’s integrations with major inventory, publisher and data partners provide ad buyers reach and decisioning capabilities, and our enterprise application programming interfaces (“APIs”) enable our clients to customize and expand platform functionality.