Trade Desk (TTD) Gross Margin (2015 - 2026)
Trade Desk's (TTD) quarterly Gross Margin came in at 73.58% in Q1 2026, down 162.0% year-on-year from 118.68% in Q1 2025, and down 7.44% quarter-over-quarter from 79.5% in Q4 2025.
Trade Desk (TTD) Gross Margin (2015 - 2026) Analysis & Trends
Trade Desk has disclosed Gross Margin across 12 years of filings, most recently posting 73.58% for Q1 2026.
- Gross Margin for Q1 2026 came in at 73.58%, down 162.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 77.66% (down 115.0% YoY), and the FY2025 annual result was 77.75%, down 294.0% from the prior year.
- Gross Margin came in at 73.58% for Q1 2026 at Trade Desk, down from 79.5% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.67% in Q4 2022 to a low of 69.78% in Q4 2023.
- The 5-year median for Gross Margin is 78.79% (2025), against an average of 78.68%.
- Across the five-year window, Gross Margin tumbled 2289 bps in 2023 and soared 1196 bps in 2024, its largest moves.
- Trade Desk's Gross Margin stood at 92.67% in 2022, then dropped by 25 bps to 69.78% in 2023, then advanced by 17 bps to 81.75% in 2024, then dropped by 3 bps to 79.5% in 2025, then dropped by 7 bps to 73.58% in 2026.
- The last three Gross Margin figures came in at 73.58% (Q1 2026), 79.5% (Q4 2025), and 78.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 96.70% |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 16.62% |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 73.58% |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 81.08% |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 71.96% |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 56.94% |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 74.79% |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 34.74% |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | 51.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.58% |
| Dec 31, 2025 | 79.50% |
| Sep 30, 2025 | 78.79% |
| Jun 30, 2025 | 78.25% |
| Mar 31, 2025 | 75.20% |
| Dec 31, 2024 | 81.75% |
| Sep 30, 2024 | 80.47% |
| Jun 30, 2024 | 77.10% |
| Mar 31, 2024 | 75.22% |
| Dec 31, 2023 | 69.78% |
| Sep 30, 2023 | 81.07% |
| Jun 30, 2023 | 81.33% |
| Mar 31, 2023 | 74.60% |
| Dec 31, 2022 | 92.67% |
| Sep 30, 2022 | 82.24% |
| Jun 30, 2022 | 76.28% |
| Mar 31, 2022 | 79.74% |
| Dec 31, 2021 | 83.10% |
| Sep 30, 2021 | 80.31% |
| Jun 30, 2021 | 77.94% |