Trade Desk (TTD) FCF Margin (2015 - 2026)
Trade Desk's (TTD) quarterly FCF Margin came in at 40.51% in Q1 2026, up 280.0% year-on-year from 10.66% in Q1 2025, and up 4.16% quarter-over-quarter from 38.89% in Q4 2025.
Trade Desk (TTD) FCF Margin (2015 - 2026) Analysis & Trends
Trade Desk has disclosed FCF Margin across 12 years of filings, most recently posting 40.51% for Q1 2026.
- FCF Margin for Q1 2026 came in at 40.51%, up 280.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 34.58% (up 466.0% YoY), and the FY2025 annual result was 33.84%, up 443.0% from the prior year.
- FCF Margin came in at 40.51% for Q1 2026 at Trade Desk, up from 38.89% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 48.62% in Q1 2023 to a low of 13.68% in Q2 2024.
- The 5-year median for FCF Margin is 34.04% (2025), against an average of 32.05%.
- Peak annual rise in FCF Margin reached 1783 bps in 2022, while the deepest fall reached 1651 bps in 2022.
- Trade Desk's FCF Margin stood at 24.23% in 2022, then plunged by 39 bps to 14.66% in 2023, then surged by 74 bps to 25.52% in 2024, then soared by 52 bps to 38.89% in 2025, then advanced by 4 bps to 40.51% in 2026.
- The last three FCF Margin figures came in at 40.51% (Q1 2026), 38.89% (Q4 2025), and 34.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 70.09% |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | -9.84% |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 40.51% |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | -20.50% |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | -75.73% |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | -1.19% |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 2.28% |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | -6.94% |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | -3.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.51% |
| Dec 31, 2025 | 38.89% |
| Sep 30, 2025 | 34.04% |
| Jun 30, 2025 | 24.00% |
| Mar 31, 2025 | 37.71% |
| Dec 31, 2024 | 25.52% |
| Sep 30, 2024 | 42.60% |
| Jun 30, 2024 | 13.68% |
| Mar 31, 2024 | 37.12% |
| Dec 31, 2023 | 14.66% |
| Sep 30, 2023 | 38.32% |
| Jun 30, 2023 | 27.17% |
| Mar 31, 2023 | 48.62% |
| Dec 31, 2022 | 24.23% |
| Sep 30, 2022 | 30.46% |
| Jun 30, 2022 | 21.44% |
| Mar 31, 2022 | 45.85% |
| Dec 31, 2021 | 40.74% |
| Sep 30, 2021 | 42.73% |
| Jun 30, 2021 | 3.61% |