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
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The Trade Desk 10-Q filed Aug 6, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 7, 2026: 14 added · 2 removed · 38 modified; 3 with only figures updated
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Modified · Trends, Opportunities and Challenges
We
invest forremain focused on operating efficiently while investing in significant opportunities to contribute toward long-term growth. We anticipate that our platform operations and technology and development operating expenses will continue to increasein the foreseeable futureas we invest in platform operations for our hosting capabilities as well as technology and development to enhance our platform and related offerings, including our continued focus on the development and incorporation of AI. We alsoanticipate that ouraim for balanced investments in sales and marketingexpenses will continueactivities in order toincrease toacquire new clients and reinforce our relationships with existing clients. In addition, we expect to continue making disciplined investments in our infrastructure, including our information technology, financial and administrative systems and controls to support our growing operations.