stockrowThe 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) Operating margin
The Trade Desk's operating margin over the twelve months to 30 June 2026 was 19.6%, down 0.7 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from 7.20% (fiscal 2022) to 33.4% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 0.94%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 20.4% | 2.88 |
| FY2024 | 17.5% | 7.17 |
| FY2023 | 10.3% | 3.10 |
| FY2022 | 7.20% | (3.23) |
| FY2021 | 10.4% | (6.82) |
| FY2020 | 17.3% | 0.28 |
| FY2019 | 17.0% | (5.52) |
| FY2018 | 22.5% | (0.01) |
| FY2017 | 22.5% | (5.84) |
| FY2016 | 28.3% | (5.02) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 14.2% | 4.53 |
| Mar 2026 | 9.68% | (20.65) |
| Dec 2025 | 30.3% | 8.53 |
| Sep 2025 | 21.8% | 4.97 |
| 39 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TTD The Trade Desk | 19.6% |
| MGNI Magnite, Inc. compare | 18.5% |
| DV DoubleVerify Holdings, Inc. compare | 13.3% |
| ZD Ziff Davis, Inc. compare | 8.53% |
| OMC Omnicom Group Inc. compare | 6.39% |
| STGW Stagwell Inc. compare | 4.04% |
| QNST QuinStreet, Inc. compare | 2.74% |
| WPP WPP PLC compare | 0.00% |
| LFTO Liftoff Mobile, Inc compare | — |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.94% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on TTD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net 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