Financial Statements — TTD
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.12 | 0.88 | 0.65 | 0.90 | 1.12 | 1.22 | 1.01 | 0.92 | 1.07 | 0.97 | 0.89 | 0.99 | 0.93 | 0.84 | 0.58 | 0.48 | 0.47 |
| Short-term Investments | 0.36 | 0.53 | 0.79 | 0.79 | 0.62 | 0.51 | 0.50 | 0.50 | 0.45 | 0.47 | 0.44 | 0.33 | 0.28 | 0.26 | 0.22 | 0.23 | 0.21 |
| Accounts Receivable | 3.20 | 3.32 | 3.48 | 3.25 | 3.05 | 2.99 | 2.91 | 2.62 | 2.43 | 2.35 | 2.09 | 2.03 | 1.90 | 1.76 | 1.62 | 1.53 | 1.37 |
| Total Current Assets | 4.82 | 4.86 | 5.12 | 5.05 | 4.86 | 4.84 | 4.52 | 4.10 | 4.01 | 3.83 | 3.48 | 3.42 | 3.20 | 2.96 | 2.52 | 2.35 | 2.17 |
| Property, Plant & Equipment | 0.46 | 0.39 | 0.32 | 0.31 | 0.25 | 0.20 | 0.19 | 0.15 | 0.15 | 0.16 | 0.17 | 0.17 | 0.14 | 0.13 | 0.14 | 0.12 | 0.12 |
| Total Non-current Assets* | 0.95 | 0.87 | 0.82 | 0.90 | 0.85 | 0.67 | 0.64 | 0.57 | 0.51 | 0.52 | 0.52 | 0.51 | 0.48 | 0.48 | 0.47 | 0.45 | 0.43 |
| Total Assets | 5.76 | 5.73 | 5.94 | 5.96 | 5.71 | 5.51 | 5.16 | 4.66 | 4.52 | 4.35 | 4.00 | 3.92 | 3.67 | 3.43 | 2.99 | 2.79 | 2.60 |
| Accounts Payable | 2.56 | 2.63 | 2.76 | 2.72 | 2.40 | 2.41 | 2.34 | 2.09 | 1.97 | 1.89 | 1.68 | 1.65 | 1.54 | 1.41 | 1.30 | 1.22 | 1.14 |
| Total Current Liabilities | 2.79 | 2.89 | 2.99 | 2.95 | 2.68 | 2.62 | 2.52 | 2.28 | 2.15 | 2.05 | 1.83 | 1.79 | 1.67 | 1.55 | 1.43 | 1.33 | 1.26 |
| Total Non-current Liabilities* | 0.40 | 0.39 | 0.34 | 0.31 | 0.31 | 0.26 | 0.24 | 0.21 | 0.22 | 0.22 | 0.23 | 0.22 | 0.23 | 0.24 | 0.26 | 0.26 | 0.25 |
| Total Liabilities | 3.19 | 3.28 | 3.34 | 3.26 | 2.99 | 2.88 | 2.75 | 2.50 | 2.36 | 2.28 | 2.06 | 2.01 | 1.89 | 1.78 | 1.69 | 1.59 | 1.52 |
| Retained Earnings | (0.72) | (0.72) | (0.36) | (0.16) | 0.00 | 0.23 | 0.19 | 0.10 | 0.32 | 0.37 | 0.38 | 0.59 | 0.58 | 0.60 | 0.60 | 0.54 | 0.50 |
| Total Stockholder Equity | 2.57 | 2.45 | 2.60 | 2.70 | 2.72 | 2.63 | 2.41 | 2.17 | 2.16 | 2.07 | 1.94 | 1.91 | 1.78 | 1.65 | 1.30 | 1.20 | 1.08 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 715.06 | 688.86 | 846.79 | 739.43 | 694.04 | 616.02 | 741.01 | 628.02 | 584.55 | 491.25 | 605.80 | 493.27 | 464.25 | 382.80 | 490.74 | 394.77 | 376.96 | 315.32 | 395.60 | 301.09 |
| Cost of Revenue | 184.33 | 181.97 | 163.09 | 162.15 | 150.98 | 142.84 | 135.27 | 122.66 | 110.46 | 103.63 | 100.70 | 93.38 | 86.65 | 84.87 | 79.62 | 70.12 | 67.49 | 63.89 | 66.85 | 53.40 |
| Gross Profit | 530.72 | 506.89 | 683.70 | 577.28 | 543.06 | 473.18 | 605.75 | 505.36 | 474.09 | 387.62 | 505.10 | 399.88 | 377.60 | 297.94 | 411.12 | 324.65 | 309.47 | 251.43 | 328.75 | 247.69 |
| Research & Development | 140.74 | 142.72 | 130.60 | 127.89 | 134.25 | 132.40 | 127.89 | 117.71 | 110.04 | 107.69 | 102.00 | 117.77 | 98.31 | 93.71 | 84.48 | 79.92 | 83.48 | 72.00 | 62.84 | 55.85 |
| Selling, General & Admin | 114.00 | 125.34 | 122.63 | 131.34 | 130.90 | 133.59 | 131.91 | 138.88 | 135.47 | 129.56 | 131.87 | 131.97 | 126.13 | 130.31 | 133.65 | 130.89 | 134.83 | 125.80 | 218.78 | 52.12 |
| Total Operating Expenses | 429.15 | 440.24 | 426.82 | 416.06 | 426.28 | 418.73 | 410.44 | 396.88 | 379.37 | 358.97 | 360.66 | 362.21 | 335.93 | 321.24 | 310.96 | 295.85 | 307.73 | 268.49 | 354.11 | 167.25 |
| Operating Income | 101.58 | 66.65 | 256.87 | 161.22 | 116.78 | 54.45 | 195.31 | 108.48 | 94.72 | 28.66 | 144.44 | 37.68 | 41.67 | (23.31) | 100.16 | 28.80 | 1.74 | (17.05) | (25.36) | 80.45 |
| Pretax Income | 113.09 | 78.96 | 270.27 | 179.52 | 133.20 | 75.77 | 221.60 | 127.18 | 112.49 | 46.03 | 160.68 | 57.00 | 59.93 | (9.61) | 112.12 | 30.50 | 2.08 | (17.33) | (26.58) | 78.98 |
| Tax Provision | 48.70 | 38.96 | 83.32 | 63.97 | 43.07 | 25.09 | 39.37 | 33.02 | 27.46 | 14.37 | 63.35 | 17.65 | 26.99 | (18.93) | 40.93 | 14.63 | 21.16 | (2.74) | (34.62) | 19.59 |
| Net Income | 64.39 | 40.00 | 186.95 | 115.55 | 90.13 | 50.68 | 182.23 | 94.16 | 85.03 | 31.66 | 97.32 | 39.35 | 32.94 | 9.33 | 71.19 | 15.87 | (19.07) | (14.60) | 8.04 | 59.38 |
| Basic EPS | 0.14 | 0.08 | 0.39 | 0.24 | 0.18 | 0.10 | 0.38 | 0.19 | 0.17 | 0.06 | 0.20 | 0.08 | 0.07 | 0.02 | 0.15 | 0.03 | (0.04) | (0.03) | (0.41) | 0.12 |
| Diluted EPS | 0.14 | 0.08 | 0.39 | 0.23 | 0.18 | 0.10 | 0.36 | 0.19 | 0.17 | 0.06 | 0.19 | 0.08 | 0.07 | 0.02 | 0.15 | 0.03 | (0.04) | (0.03) | (0.39) | 0.12 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 153.59 | 391.81 | 311.59 | 224.69 | 165.01 | 291.43 | 199.40 | 273.32 | 81.26 | 185.47 | 91.12 | 191.54 | 128.09 | 187.57 | 173.48 | 137.30 | 91.77 | 146.19 | 163.39 | 129.68 |
| Capital Expenditures | 13.23 | 112.74 | 26.32 | 66.34 | 45.24 | 59.11 | 20.19 | 48.71 | 22.12 | 7.22 | 25.20 | 5.04 | 7.40 | 9.16 | 47.77 | 23.85 | 4.14 | 8.40 | 10.88 | 25.42 |
| Free Cash Flow* | 140.37 | 279.06 | 285.27 | 158.35 | 119.77 | 232.32 | 179.21 | 224.62 | 59.14 | 178.25 | 65.92 | 186.50 | 120.69 | 178.42 | 125.71 | 113.44 | 87.63 | 137.79 | 152.51 | 104.26 |
| Investing Cash Flow | 164.45 | 0.47 | 120.30 | (66.77) | (213.57) | (132.59) | (61.18) | (59.20) | (16.01) | (21.12) | (57.05) | 11.34 | (33.26) | (28.61) | (138.62) | (72.18) | (26.47) | (67.10) | 4.04 | (33.78) |
| Financing Cash Flow | (73.44) | (172.07) | (426.84) | (401.17) | (173.60) | (409.76) | 9.77 | (2.02) | 25.92 | (141.28) | (210.70) | (96.94) | (21.70) | (296.76) | 0.99 | (3.14) | 23.17 | 10.98 | 9.81 | 4.11 |
* Derived from reported values
