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| Date | Value |
|---|---|
| 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% |