Trade Desk (TTD) Enterprise Value (2016 - 2026)
Trade Desk's Enterprise Value was $7.01 billion in Q2 2026, down 79.1% from $33.58 billion a year earlier and down 24.5% from the prior quarter.
Trade Desk (TTD) Enterprise Value (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trade Desk's Enterprise Value was $2.85 billion through Jun 30, 2026, down 89.9% year-over-year; for FY2025, it was $16.76 billion, down 70.3% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of -12.8% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $56.39 billion in FY2024 (+66.8%), $33.8 billion in FY2023 (+64.6%), $20.54 billion in FY2022 (-47.7%) and $39.29 billion in FY2021 (+18.0%).
- The Q2 2026 figure marks the lowest quarterly Enterprise Value since Q4 2018.
- Compared with a year earlier, Enterprise Value has declined for six straight quarters, with an average decline of 28.5% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q2 2023 (growth of 109.4%); the worst was Q2 2026 (a decline of 79.1%).
- Per Business Quant data, TTD's Enterprise Value in the three quarters before Q2 2026 was $9.28 billion (Q1 2026), $16.76 billion (Q4 2025) and $22.31 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Trade Desk | 5.92 Bn | 282.65 Mn | 530.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.01 Bn |
| Mar 31, 2026 | 9.28 Bn |
| Dec 31, 2025 | 16.76 Bn |
| Sep 30, 2025 | 22.31 Bn |
| Jun 30, 2025 | 33.58 Bn |
| Mar 31, 2025 | 25.14 Bn |
| Dec 31, 2024 | 56.39 Bn |
| Sep 30, 2024 | 52.37 Bn |
| Jun 30, 2024 | 46.51 Bn |
| Mar 31, 2024 | 41.31 Bn |
| Dec 31, 2023 | 33.80 Bn |
| Sep 30, 2023 | 36.79 Bn |
| Jun 30, 2023 | 36.41 Bn |
| Mar 31, 2023 | 28.41 Bn |
| Dec 31, 2022 | 20.54 Bn |
| Sep 30, 2022 | 25.28 Bn |
| Jun 30, 2022 | 17.39 Bn |
| Mar 31, 2022 | 29.49 Bn |
| Dec 31, 2021 | 39.29 Bn |
| Sep 30, 2021 | 29.85 Bn |
Trade Desk Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=TTD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "TTD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=TTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();