Trade Desk (TTD) FCF Margin (2015 - 2026)
Trade Desk (TTD) posted FCF Margin of 19.63% for Q2 2026, up 2.37 percentage points from 17.26% a year earlier but down 20.88 percentage points from the prior quarter.
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Analysis
Trade Desk (TTD) FCF Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Trade Desk was 28.86%, up 0.65 percentage points year-over-year; for FY2025, it was 27.47%, up 1.25 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -12.12 percentage points (FY2020 to FY2025).
- In prior years, Trade Desk's FCF Margin was 26.23% in FY2024 (-2.11 pp), 28.34% in FY2023 (-1.10 pp), 29.44% in FY2022 (+2.39 pp) and 27.06% in FY2021 (-12.54 pp).
- Quarterly FCF Margin has run from a low of 10.12% in Q2 2024 to a high of 46.61% in Q1 2023 over five years.
- On a year-over-year basis, FCF Margin has increased in each of the last three quarters, with an average year-over-year change of +2.52 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2022, with a gain of 21.46 percentage points; the weakest was Q2 2024, with a drop of 15.88 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 40.51% (Q1 2026), 33.69% (Q4 2025) and 21.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,021.37 Bn | 3,778.90 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,792.82 Bn | 1,495.34 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 275.47 Bn | 235.66 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 241.96 Bn | 55.74 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 228.79 Bn | 205.97 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 139.34 Bn | 111.14 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 121.93 Bn | 54.98 Bn | - | 49.55% |
| 8 | PDD Holdings | 109.27 Bn | -134.50 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 107.74 Bn | 65.24 Bn | 1.86 Bn | 17.50% |
| 10 | Trade Desk | 5.85 Bn | 207.71 Mn | 530.72 Mn | 19.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.63% |
| Mar 31, 2026 | 40.51% |
| Dec 31, 2025 | 33.69% |
| Sep 30, 2025 | 21.42% |
| Jun 30, 2025 | 17.26% |
| Mar 31, 2025 | 37.71% |
| Dec 31, 2024 | 24.18% |
| Sep 30, 2024 | 35.77% |
| Jun 30, 2024 | 10.12% |
| Mar 31, 2024 | 36.28% |
| Dec 31, 2023 | 10.88% |
| Sep 30, 2023 | 37.81% |
| Jun 30, 2023 | 26.00% |
| Mar 31, 2023 | 46.61% |
| Dec 31, 2022 | 25.62% |
| Sep 30, 2022 | 28.74% |
| Jun 30, 2022 | 23.25% |
| Mar 31, 2022 | 43.70% |
| Dec 31, 2021 | 38.55% |
| Sep 30, 2021 | 34.63% |
API Access
Trade Desk FCF Margin 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=fcf-margin&ticker=TTD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();