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 (TTD) Net margin
The Trade Desk's net margin over the twelve months to 30 June 2026 was 13.6%, down 1.7 percentage points from fiscal 2025 (15.3%). Over the past ten years it has ranged from −13.2% (fiscal 2016) to 29.0% (fiscal 2020); the current reading is higher than 55% of that period. That is above the Advertising Agencies industry median of −2.95% and above the Communication Services sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 15.3% | (0.77) |
| FY2024 | 16.1% | 6.89 |
| FY2023 | 9.19% | 5.81 |
| FY2022 | 3.38% | (8.13) |
| FY2021 | 11.5% | (17.47) |
| FY2020 | 29.0% | 12.59 |
| FY2019 | 16.4% | (2.08) |
| FY2018 | 18.5% | 1.99 |
| FY2017 | 16.5% | 29.65 |
| FY2016 | −13.2% | (20.87) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 9.01% | 3.20 |
| Mar 2026 | 5.81% | (16.27) |
| Dec 2025 | 22.1% | 6.45 |
| Sep 2025 | 15.6% | 2.64 |
| 39 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| ZD Ziff Davis, Inc. compare | 48.6% |
| MGNI Magnite, Inc. compare | 23.6% |
| TTD The Trade Desk | 13.6% |
| DV DoubleVerify Holdings, Inc. compare | 8.22% |
| QNST QuinStreet, Inc. compare | 6.28% |
| WPP WPP PLC compare | 4.18% |
| OMC Omnicom Group Inc. compare | 2.85% |
| STGW Stagwell Inc. compare | 0.31% |
| LFTO Liftoff Mobile, Inc compare | — |
| Advertising Agencies industry median | −2.95% |
| Communication Services sector median | 0.00% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on TTD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement