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The Trade Desk TTD Provision for Credit Losses

Provision for Credit Losses at other companies

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$204K-47.7%

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$8.91B-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:ProvisionForDoubtfulAccounts.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization expense61,57150,689
Stock-based compensation expense218,602257,138
Noncash lease expense38,05734,253
Provision for expected credit losses on accounts receivable4,2901,177
Gain on sale of property and equipment(13,772)
Other4,850(13,899)
Changes in operating assets and liabilities:
Accounts receivable548,10980,033

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is The Trade Desk's provision for credit losses?
The Trade Desk (TTD) reported provision for credit losses of $264K in Q2 2026.
How has The Trade Desk's provision for credit losses changed year-over-year?
The Trade Desk's provision for credit losses decreased by 61.5% year-over-year, from $685K to $264K.
What is the long-term trend for The Trade Desk's provision for credit losses?
Over 3 years (2021 to 2024), The Trade Desk's provision for credit losses has grown at a -16.3% compound annual growth rate (CAGR), from $1.46M to $853K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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