Trade Desk (TTD) Operating Expenses (2015 - 2026)

Trade Desk's (TTD) quarterly Operating Expenses came in at $622.2 million in Q1 2026, up 10.8% year-on-year from $561.6 million in Q1 2025, and up 5.47% quarter-over-quarter from $589.9 million in Q4 2025.

Trade Desk (TTD) Operating Expenses (2015 - 2026) Analysis & Trends

Trade Desk has disclosed Operating Expenses across 12 years of filings, most recently posting $622.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $622.2 million, up 10.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 11.86% YoY), and the FY2025 annual result was $2.3 billion, up 14.34% from the prior year.
  • Operating Expenses came in at $622.2 million for Q1 2026 at Trade Desk, up from $589.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $622.2 million in Q1 2026 to a low of $332.4 million in Q1 2022.
  • The 5-year median for Operating Expenses is $462.6 million (2024), against an average of $479.8 million.
  • Peak annual rise in Operating Expenses reached 72.1% in 2022, while the deepest fall reached 7.22% in 2022.
  • Trade Desk's Operating Expenses stood at $390.6 million in 2022, then advanced by 18.12% to $461.4 million in 2023, then grew by 18.28% to $545.7 million in 2024, then climbed by 8.1% to $589.9 million in 2025, then advanced by 5.47% to $622.2 million in 2026.
  • The last three Operating Expenses figures came in at $622.2 million (Q1 2026), $589.9 million (Q4 2025), and $578.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 402.52 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 5.60 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 622.21 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 75.27 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 156.65 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 264.71 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 71.10 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 694.50 Mn
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn 97.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 622.21 Mn
Dec 31, 2025 589.92 Mn
Sep 30, 2025 578.21 Mn
Jun 30, 2025 577.26 Mn
Mar 31, 2025 561.57 Mn
Dec 31, 2024 545.70 Mn
Sep 30, 2024 519.54 Mn
Jun 30, 2024 489.83 Mn
Mar 31, 2024 462.60 Mn
Dec 31, 2023 461.36 Mn
Sep 30, 2023 455.59 Mn
Jun 30, 2023 422.58 Mn
Mar 31, 2023 406.11 Mn
Dec 31, 2022 390.58 Mn
Sep 30, 2022 365.97 Mn
Jun 30, 2022 375.22 Mn
Mar 31, 2022 332.38 Mn
Dec 31, 2021 420.96 Mn
Sep 30, 2021 220.65 Mn
Jun 30, 2021 218.02 Mn