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The Trade Desk TTD Operating Lease Liabilities

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Other financials

Income statement

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Revenue$715.1M+3.0%
Gross profit$530.7M-2.3%
Operating income$101.6M-13.0%
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$8.31B-81.0%
Enterprise value$7.62B-82.4%
P/E20.4×-84.6×
P/S2.8×-13.6×

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:OperatingLeaseLiabilityNoncurrent.

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 itemAs of June 30,2026As of December 31,2025
Accrued expenses and other current liabilities150,174181,991
Operating lease liabilities80,92276,355
TOTAL CURRENT LIABILITIES2,793,6763,265,997
Operating lease liabilities, non-current353,188359,975
Other liabilities, non-current43,23042,857
TOTAL LIABILITIES3,190,0943,668,829
Commitments and contingencies (Note 11)
STOCKHOLDERS’ EQUITY

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is The Trade Desk's operating lease liabilities?
The Trade Desk (TTD) reported operating lease liabilities of $353.19M in Q2 2026.
How has The Trade Desk's operating lease liabilities changed year-over-year?
The Trade Desk's operating lease liabilities increased by 30.3% year-over-year, from $271.14M to $353.19M.
What is the long-term trend for The Trade Desk's operating lease liabilities?
Over 5 years (2020 to 2025), The Trade Desk's operating lease liabilities has grown at a 7.2% compound annual growth rate (CAGR), from $254.56M to $359.98M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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