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R&D at other companies

Meta Platforms, Inc. logo
Meta Platforms, Inc.META
$17.7B+45.7%
Applovin Corporation logo
Applovin CorporationAPP
$94.1M+66.8%
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$688.9M+11.8%
Gross profit$506.9M+7.1%
Operating income$66.6M+22.4%
Net income$40.0M-21.1%
EPS (diluted)$0.08-20.0%

Balance sheet

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Cash & equivalents$878.4M-21.5%
Total debt$423.6M+26.5%
Total equity$2.5B-9.7%
Total assets$5.7B+0.5%

Cash flow

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Operating cash flow$391.8M+34.4%
CapEx$112.7M+90.7%
Free cash flow$279.1M+20.1%

Valuation

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Market cap$8.7B-60.2%
Enterprise value$8.25B-60.8%
P/E20.1×-33.0×
P/S2.9×-5.6×

Profitability

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Gross margin77.8%-2.3pp
Operating margin20.3%+2.6pp
Net margin14.6%-1.5pp
FCF margin28.4%+1.3pp

Returns & leverage

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Return on equity16.7%-0.1pp
Debt / equity0.2×0.0×
Current ratio1.7×-0.1×

Where this comes from

Reported directly by The Trade Desk in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: The Trade Desk’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Trade Desk's R&D?
The Trade Desk (TTD) reported R&D of $142.72M in Q1 2026.
How has The Trade Desk's R&D changed year-over-year?
The Trade Desk's R&D increased by 7.8% year-over-year, from $132.4M to $142.72M.
What is the long-term trend for The Trade Desk's R&D?
Over 4 years (2021 to 2025), The Trade Desk's R&D has grown at a 23.4% compound annual growth rate (CAGR), from $226.14M to $525.14M.
What does R&D mean?
Spending on innovation, software development, and platform improvements.
How do you interpret R&D?
Consistent or increasing investment suggests a commitment to long-term innovation and product leadership, whereas significant cuts may hinder future competitiveness.
How does R&D compare across companies?
Standard for software companies; essential for maintaining product differentiation.