TTM
20.3%
YoY change
+2.88pp
Trough year (2014)
1.7%
Peak year (2015)
33.4%
Latest annual
20.3%
Operating Margin history chart for Trade Desk (TTD) from 2014 to 2025
Latest: 20.3%
Operating Margin change chart for Trade Desk (TTD) from 2014 to 2025
Latest: +2.88pp
Operating Margin history table for Trade Desk (TTD) from 2014 to 2025
| 2025 | 20.3% | +2.88pp | ||
| 2024 | 17.5% | +7.17pp | ||
| 2023 | 10.3% | +3.10pp | ||
| 2022 | 7.2% | -3.23pp | ||
| 2021 | 10.4% | -6.82pp | ||
| 2020 | 17.2% | +0.28pp | ||
| 2019 | 17.0% | -5.51pp | ||
| 2018 | 22.5% | -0.02pp | ||
| 2017 | 22.5% | -5.84pp | ||
| 2016 | 28.3% | -5.02pp | ||
| 2015 | 33.4% | +31.65pp | ||
| 2014 | 1.7% | — |
- 202520.3%+2.88pp
- 202417.5%+7.17pp
- 202310.3%+3.10pp
- 20227.2%-3.23pp
- 202110.4%-6.82pp
- 202017.2%+0.28pp
- 201917.0%-5.51pp
- 201822.5%-0.02pp
- 201722.5%-5.84pp
- 201628.3%-5.02pp
- 201533.4%+31.65pp
- 20141.7%—
Operating Margin values are taken from Trade Desk's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Trade Desk (TTD)
According to Trade Desk's latest reported financial statements, the company's latest reported operating margin is 20.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Trade Desk (TTD) operating margin totalled 20.35% – expanded 2.9 percentage points year-over-year.
The record annual operating margin stands at 33.36%, reached in 2015; the historical low of 1.72% was recorded in 2014.
Trade Desk Operating Margin by Year
Trade Desk Operating Margin 2025: 20.3%
Trade Desk operating margin in 2025 was 20.35%, expanded 2.9 percentage points from 2024.
Trade Desk Operating Margin 2024: 17.5%
2024's operating margin for Trade Desk came in at 17.47%, expanded 7.2 percentage points from 2023.
Trade Desk Operating Margin 2023: 10.3%
Trade Desk posted operating margin of 10.30% in 2023, expanded 3.1 percentage points from 2022.
Trade Desk Operating Margin 2022: 7.2%
In 2022, Trade Desk reported operating margin of 7.20%, contracted 3.2 percentage points from 2021.
Trade Desk Operating Margin 2021: 10.4%
Trade Desk operating margin in 2021 was 10.43%.
See more financial history for Trade Desk (TTD).
Sector peers by Operating Margin
Communication Services peers of Trade Desk (TTD), ranked by their latest operating margin
| 41.2% | |
| 32.7% | |
| 29.7% | |
| 21.2% | |
| 20.4% | |
| 19.4% | |
| 15.5% | |
| 13.7% |
- 41.2%
- 32.7%
- 29.7%
- 21.2%
- 20.4%
- 19.4%
- 15.5%
- 13.7%
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Trade Desk (TTD) Key Financials
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