How Trade Desk (TTD) Makes Money: A Visual Guide
Trade Desk (TTD) generated $2.90B in revenue (TTM through Q4 2025), earning $443.30M in net profit (15.3% margin). Below is an interactive breakdown of how revenue flows through the income statement.
Trade Desk (TTD) Income Statement Flow
Frequently asked questions
How much revenue does Trade Desk (TTD) generate?
- Trade Desk (TTD) generated $2.90B in total revenue for TTM through Q4 2025 with a net profit margin of 15.3%.
What is Trade Desk (TTD) gross profit margin?
- Trade Desk (TTD) reported a gross profit margin of 78.6% for TTM through Q4 2025, equivalent to $2.28B in gross profit. This means Trade Desk retains 78.6% of each revenue unit after direct costs of production.
What is Trade Desk (TTD) operating profit margin?
- Trade Desk (TTD) reported an operating profit margin of 20.3% for TTM through Q4 2025, equivalent to $589.32M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Trade Desk (TTD) net profit margin?
- Trade Desk (TTD) reported a net profit margin of 15.3% for TTM through Q4 2025, equivalent to $443.30M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Trade Desk (TTD) invest in R&D?
- Trade Desk (TTD) invested $525.14M in research and development in TTM through Q4 2025 (18.1% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Trade Desk (TTD) spend on capital expenditures?
- Trade Desk (TTD) spent $205.41M on capital expenditures in TTM through Q4 2025 (7.1% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Trade Desk (TTD) free cash flow?
- Trade Desk (TTD) generated $787.31M in free cash flow for TTM through Q4 2025 (27.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Trade Desk (TTD) effective tax rate?
- Trade Desk (TTD) had an effective tax rate of 32.7% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.