Trade Desk (TTD) Gross Margin (2015 - 2026)

Trade Desk (TTD) reported Gross Margin of 73.58% for Q1 2026, down 323.0% on a YoY basis from 33.0% in Q1 2025, and down 8.86% sequentially from 80.74% in Q4 2025.

Trade Desk (TTD) Gross Margin (2015 - 2026) Analysis & Trends

Trade Desk (TTD) has 12 years of Gross Margin data on file, last reported at 73.58% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 323.0% year-over-year to 73.58%; the trailing twelve-month figure through Mar 2026 stood at 77.83% (down 227.0% YoY), and the FY2025 full-year result was 78.63%, down 207.0% from the prior year.
  • Gross Margin slipped to 73.58% in Q1 2026, from 80.74% 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.
  • A 5-year average of 80.07% and a median of 80.74% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin soared 271 bps in 2022 and sank 323 bps in 2026, its largest moves.
  • Tracing TTD's Gross Margin over 5 years: stood at 83.78% in 2022, then fell by 0 bps to 83.38% in 2023, then decreased by 2 bps to 81.75% in 2024, then decreased by 1 bps to 80.74% in 2025, then fell by 9 bps to 73.58% in 2026.
  • Business Quant data shows TTD's Gross Margin at 73.58% in Q1 2026, 80.74% in Q4 2025, and 78.07% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 AppLovin 134.57 Bn 131.82 Bn 1.64 Bn 88.95%
2 Wpp 26.03 Bn 22.66 Bn - -
3 Omnicom 22.21 Bn 18.26 Bn 1.04 Bn 16.62%
4 Trade Desk 7.97 Bn 6.56 Bn 506.89 Mn 73.58%
5 Magnite 2.57 Bn 2.39 Bn 103.96 Mn 63.25%
6 Ziff Davis 1.94 Bn 1.42 Bn 223.32 Mn 83.44%
7 Stagwell 1.76 Bn 1.66 Bn 244.61 Mn 34.74%
8 DoubleVerify Holdings 1.67 Bn 1.50 Bn 147.67 Mn 81.66%
9 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn 51.83%
10 Criteo 1.05 Bn 737.13 Mn 222.74 Mn 52.45%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 81.85%