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The Trade Desk TTD Operating Income

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Other financials

Income statement

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Revenue$715.1M+3.0%
Gross profit$530.7M-2.3%
Net income$64.4M-28.6%
EPS (diluted)$0.14-22.2%

Balance sheet

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Cash & equivalents$1.1B+25.3%
Total debt$434.1M+26.4%
Total equity$2.6B-4.5%
Total assets$5.8B-3.2%

Cash flow

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Operating cash flow$153.6M-6.9%
CapEx$13.2M-70.8%
Free cash flow$140.4M+17.2%

Valuation

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Market cap$8.91B-79.6%
Enterprise value$8.22B-81.0%
P/E21.9×-83.1×
P/S-13.4×

Profitability

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Gross margin76.9%-2.5pp
Operating margin19.6%+1.9pp
Net margin13.6%-2.0pp
FCF margin28.9%+0.6pp

Returns & leverage

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Return on equity15.4%-0.9pp
Debt / equity0.2×0.0×
Current ratio1.7×0.0×

Where this comes from

Reported directly by The Trade Desk in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: The Trade Desk’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001671933-26-000086
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Technology and development140,742134,251283,462266,653
General and administrative114,001130,900239,342264,485
Total operating expenses613,480577,2621,235,6901,138,831
Income from operations101,577116,777168,224171,229
Other expense (income):
Interest income, net(11,508)(18,035)(24,877)(38,167)
Foreign currency exchange loss (gain), net(6)1,6111,052426
Total other income, net(11,514)(16,424)(23,825)(37,741)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is The Trade Desk's operating income?
The Trade Desk (TTD) reported operating income of $101.58M in Q2 2026.
How has The Trade Desk's operating income changed year-over-year?
The Trade Desk's operating income decreased by 13.0% year-over-year, from $116.78M to $101.58M.
What is the long-term trend for The Trade Desk's operating income?
Over 3 years (2022 to 2025), The Trade Desk's operating income has grown at a 73.1% compound annual growth rate (CAGR), from $113.65M to $589.32M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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