← Trade Desk, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $202.9m |
$308.2m
+51.89%
|
$477.3m
+54.86%
|
$661.1m
+38.50%
|
$836.0m
+26.47%
|
$1.2b
+43.11%
|
$1.6b
+31.87%
|
$1.9b
+23.34%
|
$2.4b
+25.63%
|
$2.9b
+18.47%
|
$3.0b
+3.24%
|
|
| Cost of Revenue | $39.9m |
$66.2m
+66.09%
|
$114.1m
+72.28%
|
$156.2m
+36.88%
|
$178.8m
+14.49%
|
$221.6m
+23.90%
|
$281.1m
+26.89%
|
$365.6m
+30.05%
|
$472.0m
+29.11%
|
$619.1m
+31.15%
|
$691.6m
+11.71%
|
|
| Gross Profit (Calculated) | $163.1m |
$242.0m
+48.41%
|
$363.2m
+50.09%
|
$504.9m
+39.01%
|
$657.2m
+30.17%
|
$974.9m
+48.34%
|
$1.3b
+33.00%
|
$1.6b
+21.89%
|
$2.0b
+24.82%
|
$2.3b
+15.43%
|
— | |
| Interest Income (Expense), Net | — | — | — | $4.7m |
$656k
-86.10%
|
($1.0m)
-257.01%
|
$12.8m
+1338.35%
|
$68.5m
+437.11%
|
$78.8m
+15.08%
|
$68.7m
-12.84%
|
$55.4m
-19.34%
|
|
| Research and Development Expense | $27.3m | $52.8m | $83.9m | $116.8m | $166.7m | $226.1m | $319.9m | $411.8m | $463.3m | $525.1m | $542.0m | |
| Selling and Marketing Expense | $46.1m | $61.4m | $87.1m | $132.9m | $174.7m | $249.3m | $338.0m | $448.0m | $546.5m | $644.3m | $1.2b | |
| General and Administrative Expense | $32.2m | $58.4m | $84.9m | $143.0m | $171.6m | $374.7m | $525.2m | $520.3m | $535.8m | $518.5m | $493.3m | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $57.5m |
$69.4m
+20.58%
|
$107.3m
+54.74%
|
$112.2m
+4.54%
|
$144.2m
+28.53%
|
$124.8m
-13.45%
|
$113.7m
-8.94%
|
$200.5m
+76.40%
|
$427.2m
+113.07%
|
$589.3m
+37.96%
|
$586.3m
-0.51%
|
|
| Interest Expense | $3.1m | $1.8m | $1.6m | — | — | — | — | — | — | — | — | |
| Investment Income, Net | — | — | — | — | — | — | — | — | $80.4m | $70.5m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.2m) | ($3.9m) | ($1.9m) | ($695k) | ($961k) | ($1.8m) | $961k | ($993k) | $1.3m | $717k | — | |
| Other income (expense): | ||||||||||||
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $1.5m | $1.8m | — | |
| Nonoperating Income (Expense) | ($13.7m) | ($5.7m) | ($1.6m) | $4.0m | ($305k) | ($2.8m) | $13.7m | $67.5m | $80.1m | $69.4m | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | $78.8m | $68.7m | $55.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $677.7m | $641.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $43.8m | $63.6m | $105.7m | $116.2m | $143.9m | $122.0m | $127.4m | $268.0m | $507.3m | $658.8m | $641.8m | |
| Current Income Tax Expense (Benefit) | $24.0m | $14.4m | $22.7m | $18.4m | ($67.2m) | $2.4m | $99.8m | $149.9m | $189.6m | $42.7m | $234.9m | |
| Income Tax Expense (Benefit) | $23.4m | $12.8m | $17.6m | $7.9m | ($98.4m) | ($15.7m) | $74.0m | $89.1m | $114.2m | $215.5m | $234.9m | |
| Net Income (Loss) Attributable to Parent | $20.5m |
$50.8m
+148.01%
|
$88.1m
+73.51%
|
$108.3m
+22.89%
|
$242.3m
+123.71%
|
$137.8m
-43.15%
|
$53.4m
-61.25%
|
$178.9m
+235.19%
|
$393.1m
+119.67%
|
$443.3m
+12.78%
|
$406.9m
-8.21%
|
|
| Earnings Per Share, Basic | ($0.15) | $0.13 | $0.21 | $0.24 | $0.52 | $0.29 | $0.11 | $0.37 | $0.80 | $0.91 | $0.84 | |
| Earnings Per Share, Diluted | ($0.15) | $0.11 | $0.19 | $0.23 | $0.49 | $0.28 | $0.11 | $0.36 | $0.78 | $0.90 | $0.84 | |
| Weighted Average Number of Shares Outstanding, Basic | 182.8m | 402.6m | 424.4m | 445.3m | 462.9m | 476.9m | 486.9m | 489.3m | 490.9m | 488.3m | 477.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 182.8m | 440.6m | 457.9m | 478.1m | 489.9m | 498.5m | 499.9m | 500.2m | 501.9m | 493.6m | 480.6m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | $7.0m | $14.0m | $16.0m | $15.0m | — | |
| Costs and Expenses | $145.4m | $238.9m | $370.0m | $548.9m | $691.8m | $1.1b | $1.5b | $1.7b | $2.0b | $2.3b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.