Trade Desk (TTD) Gross Margin (2015 - 2026)
Trade Desk's (TTD) quarterly Gross Margin came in at 74.22% in Q2 2026, down 402.0% year-over-year from 24.58% in Q2 2025, and up 0.87% quarter-over-quarter from 73.58% in Q1 2026.
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Trade Desk (TTD) Gross Margin (2015 - 2026) Analysis & Trends
Trade Desk has disclosed Gross Margin across 12 years of filings, most recently posting 74.22% for Q2 2026.
- In Q2 2026, Gross Margin fell 402.0% year-over-year to 74.22%; the TTM figure through Jun 2026 stood at 76.87% (down 253.0% YoY), while the FY2025 annual figure was 78.63%, down 207.0% from the prior year.
- Gross Margin came in at 74.22% for Q2 2026 at Trade Desk, up from 73.58% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.78% in Q4 2022 to a low of 73.58% in Q1 2026.
- Average Gross Margin over 5 years is 79.74%, with a median of 80.6% recorded in 2024.
- Year-over-year, Gross Margin jumped 271 bps in 2022 and slumped 402 bps in 2026.
- Over 5 years, Gross Margin stood at 83.78% in 2022, then retreated by 0 bps to 83.38% in 2023, then slipped by 2 bps to 81.75% in 2024, then slipped by 1 bps to 80.74% in 2025, then slipped by 8 bps to 74.22% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 74.22% in Q2 2026, 73.58% in Q1 2026, and 80.74% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | 61.65% |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 88.26% |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 74.22% |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 67.83% |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 83.24% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | 13.32% |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 29.25% |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 80.32% |
| 10 | Viant Technology | 907.77 Mn | 920.10 Mn | 45.54 Mn | 43.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.22% |
| Mar 31, 2026 | 73.58% |
| Dec 31, 2025 | 80.74% |
| Sep 30, 2025 | 78.07% |
| Jun 30, 2025 | 78.25% |
| Mar 31, 2025 | 76.81% |
| Dec 31, 2024 | 81.75% |
| Sep 30, 2024 | 80.47% |
| Jun 30, 2024 | 81.10% |
| Mar 31, 2024 | 78.90% |
| Dec 31, 2023 | 83.38% |
| Sep 30, 2023 | 81.07% |
| Jun 30, 2023 | 81.33% |
| Mar 31, 2023 | 77.83% |
| Dec 31, 2022 | 83.78% |
| Sep 30, 2022 | 82.24% |
| Jun 30, 2022 | 82.10% |
| Mar 31, 2022 | 79.74% |
| Dec 31, 2021 | 83.10% |
| Sep 30, 2021 | 82.26% |