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

Trade Desk (TTD) reported Cost of Revenue of $182.0 million for Q1 2026, up 27.4% on a YoY basis from $142.8 million in Q1 2025, and up 11.57% sequentially from $163.1 million in Q4 2025.

Trade Desk (TTD) Cost of Revenue (2015 - 2026) Analysis & Trends

Trade Desk (TTD) has 12 years of Cost of Revenue data on file, last reported at $182.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 27.4% year-over-year to $182.0 million; the trailing twelve-month figure through Mar 2026 stood at $658.2 million (up 28.75% YoY), and the FY2025 full-year result was $619.1 million, up 31.15% from the prior year.
  • Cost of Revenue grew to $182.0 million in Q1 2026, from $163.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $182.0 million in Q1 2026 to a low of $63.9 million in Q1 2022.
  • A 5-year average of $112.9 million and a median of $103.6 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue climbed 19.11% in 2022 and surged 37.84% in 2025, its largest moves.
  • Tracing TTD's Cost of Revenue over 5 years: stood at $79.6 million in 2022, then climbed by 26.47% to $100.7 million in 2023, then jumped by 34.33% to $135.3 million in 2024, then increased by 20.57% to $163.1 million in 2025, then grew by 11.57% to $182.0 million in 2026.
  • Business Quant data shows TTD's Cost of Revenue at $182.0 million in Q1 2026, $163.1 million in Q4 2025, and $162.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 AppLovin 139.99 Bn 137.23 Bn 1.64 Bn 203.63 Mn
2 Omnicom 24.54 Bn 20.25 Bn 1.04 Bn 5.21 Bn
3 Wpp 20.99 Bn 17.30 Bn - -
4 Trade Desk 8.50 Bn 7.09 Bn 506.89 Mn 181.97 Mn
5 36Kr Holdings 2.96 Bn 2.94 Bn 11.56 Mn 7.72 Mn
6 Magnite 2.77 Bn 2.59 Bn 103.96 Mn 60.41 Mn
7 Ziff Davis 1.98 Bn 1.46 Bn 223.32 Mn 44.32 Mn
8 Stagwell 1.94 Bn 1.83 Bn 244.61 Mn 459.53 Mn
9 DoubleVerify Holdings 1.76 Bn 1.59 Bn 147.67 Mn 33.16 Mn
10 Token Cat 1.24 Bn 1.24 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 181.97 Mn
Mar 31, 2026 181.97 Mn
Dec 31, 2025 163.09 Mn
Dec 31, 2025 163.09 Mn
Sep 30, 2025 162.15 Mn
Sep 30, 2025 162.15 Mn
Jun 30, 2025 150.98 Mn
Jun 30, 2025 150.98 Mn
Mar 31, 2025 142.84 Mn
Mar 31, 2025 142.84 Mn
Dec 31, 2024 135.27 Mn
Dec 31, 2024 135.27 Mn
Sep 30, 2024 122.66 Mn
Sep 30, 2024 122.66 Mn
Jun 30, 2024 110.46 Mn
Jun 30, 2024 110.46 Mn
Mar 31, 2024 103.63 Mn
Mar 31, 2024 103.63 Mn
Dec 31, 2023 100.70 Mn
Dec 31, 2023 100.70 Mn