Trade Desk (TTD) Cost of Revenue (2015 - 2026)

Trade Desk has disclosed Cost of Revenue across 12 years of filings, most recently posting $182.0 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $182.0 million, up 19.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $663.4 million (up 21.82% YoY), and the FY2025 annual result was $644.3 million, up 36.5% from the prior year.
• Cost of Revenue came in at $182.0 million for Q1 2026 at Trade Desk, up from $173.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $183.1 million in Q4 2023 to a low of $36.0 million in Q4 2022.
• The 5-year median for Cost of Revenue is $122.7 million (2024), against an average of $120.6 million.
• Across the five-year window, Cost of Revenue sank 46.18% in 2022 and jumped 408.84% in 2023, its largest moves.
• Trade Desk's Cost of Revenue stood at $36.0 million in 2022, then surged by 408.84% to $183.1 million in 2023, then retreated by 26.11% to $135.3 million in 2024, then climbed by 28.34% to $173.6 million in 2025, then advanced by 4.82% to $182.0 million in 2026.
• The last three Cost of Revenue figures came in at $182.0 million (Q1 2026), $173.6 million (Q4 2025), and $156.8 million (Q3 2025), per Business Quant data.