Trade Desk, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.4B | $1.9B | $1.6B | $1.2B |
| Operating income | $589.3M | $427.2M | $200.5M | $113.7M | $124.8M |
| Cost of revenue | $619.1M | $472.0M | $365.6M | $281.1M | $221.6M |
| Cash from operations | $992.7M | $739.5M | $598.3M | $548.7M | $378.5M |
| Capital expenditure | $197.0M | $98.2M | $46.8M | $84.2M | $54.8M |
| Free cash flow | $795.7M | $641.2M | $551.5M | $464.6M | $323.7M |
| Share repurchases | $1.4B | $234.8M | $646.6M | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $6.2B | $6.1B | $4.9B | $4.4B | $3.6B |
| Total liabilities | $3.7B | $3.2B | $2.7B | $2.3B | $2.1B |
Shares outstanding 470.1M · Free float 87.8%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.