Trade Desk (TTD) FCF Margin (2015 - 2026)
Trade Desk's (TTD) quarterly FCF Margin came in at 19.63% in Q2 2026, up 237.0% year-over-year from 5.83% in Q2 2025, and down 51.54% quarter-over-quarter from 40.51% in Q1 2026.
Analysis
Trade Desk (TTD) FCF Margin (2015 - 2026) Analysis & Trends
Trade Desk has disclosed FCF Margin across 12 years of filings, most recently posting 19.63% for Q2 2026.
- In Q2 2026, FCF Margin rose 237.0% year-over-year to 19.63%; the TTM figure through Jun 2026 stood at 28.86% (up 33.0% YoY), while the FY2025 annual figure was 27.47%, up 125.0% from the prior year.
- FCF Margin came in at 19.63% for Q2 2026 at Trade Desk, down from 40.51% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 46.61% in Q1 2023 to a low of 8.65% in Q2 2024.
- Average FCF Margin over 5 years is 28.83%, with a median of 28.04% recorded in 2022.
- Year-over-year, FCF Margin surged 2005 bps in 2022 and plunged 1735 bps in 2024.
- Over 5 years, FCF Margin stood at 25.62% in 2022, then tumbled by 58 bps to 10.88% in 2023, then soared by 122 bps to 24.18% in 2024, then jumped by 39 bps to 33.69% in 2025, then tumbled by 42 bps to 19.63% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 19.63% in Q2 2026, 40.51% in Q1 2026, and 33.69% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | -4.89% |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 45.18% |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 19.63% |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 90.49% |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 33.92% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 3.63% |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | 13.47% |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | 10.06% |
| 10 | Mntn | 867.15 Mn | 629.87 Mn | 66.30 Mn | 28.30% |
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 | 37.13% |
| Jun 30, 2024 | 8.65% |
| 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 | 30.08% |
| Jun 30, 2022 | 21.84% |
| Mar 31, 2022 | 43.70% |
| Dec 31, 2021 | 38.55% |
| Sep 30, 2021 | 34.63% |