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
DateValue
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%