FN2 Earnings Intelligence
The Trade Desk, Inc. cash flow
The Trade Desk, Inc. (TTD) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $754.2 | $1,030.5 | $895.1 | $1,369.5 | $658.2 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $1,196.5 | $1,577.8 | $1,946.1 | $2,444.8 | $2,896.3 | $3,184.3 | $3,492.8 |
| % Growth | 43.1% | 31.9% | 23.3% | 25.6% | 18.5% | 9.9% | 9.7% |
| Gross Profit | $974.9 | $1,296.7 | $1,580.5 | $1,972.8 | $2,277.2 | - | - |
| % Margin | 81.5% | 82.2% | 81.2% | 80.7% | 78.6% | - | - |
| EBITDA | $167 | $168.1 | $280.9 | $514.7 | $705.1 | - | - |
| % Margin | 14.0% | 10.7% | 14.4% | 21.1% | 24.3% | - | - |
| Net Income | $137.8 | $53.4 | $178.9 | $393.1 | $443.3 | - | - |
| % Margin | 11.5% | 3.4% | 9.2% | 16.1% | 15.3% | - | - |
| Diluted EPS | $0.28 | $0.11 | $0.36 | $0.78 | $0.90 | $1.00 | $1.19 |
| % Growth | -94.3% | -60.7% | 227.3% | 116.7% | 15.4% | 10.8% | 19.7% |
| Operating Cash Flow | $378.5 | $548.7 | $598.3 | $739.5 | $992.7 | - | - |
| CapEx | $54.8 | $84.2 | $46.8 | $98.2 | $197 | - | - |
| Free Cash Flow | $323.7 | $464.6 | $551.5 | $641.2 | $795.7 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $1,196.5 | $1,577.8 | $1,946.1 | $2,444.8 | $2,896.3 | $3,184.3 | $3,492.8 |
| Gross Profit | $974.9 | $1,296.7 | $1,580.5 | $1,972.8 | $2,277.2 | - | - |
| EBITDA | $167 | $168.1 | $280.9 | $514.7 | $705.1 | - | - |
| Net Income | $137.8 | $53.4 | $178.9 | $393.1 | $443.3 | - | - |
| Diluted EPS | $0.28 | $0.11 | $0.36 | $0.78 | $0.90 | $1.00 | $1.19 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $754.2 | $1,030.5 | $895.1 | $1,369.5 | $658.2 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $378.5 | $548.7 | $598.3 | $739.5 | $992.7 |
| Capital Expenditure | $54.8 | $84.2 | $46.8 | $98.2 | $197 |
| Free Cash Flow | $323.7 | $464.6 | $551.5 | $641.2 | $795.7 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 43.1% | 31.9% | 23.3% | 25.6% | 18.5% |
| Gross Margin | 81.5% | 82.2% | 81.2% | 80.7% | 78.6% |
| EBITDA Margin | 14.0% | 10.7% | 14.4% | 21.1% | 24.3% |
| Net Margin | 11.5% | 3.4% | 9.2% | 16.1% | 15.3% |
| FCF Margin | 27.1% | 29.4% | 28.3% | 26.2% | 27.5% |
| Diluted EPS Growth | -94.3% | -60.7% | 227.3% | 116.7% | 15.4% |