Trade Desk TTD
NASDAQ TTD
$13.96 +0.08 (+0.58%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Trade Desk's (TTD) quarterly Operating Expenses came in at $613.5 million in Q2 2026, up 6.27% year-over-year from $577.3 million in Q2 2025, and down 1.4% quarter-over-quarter from $622.2 million in Q1 2026.

Analysis

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

Trade Desk has disclosed Operating Expenses across 12 years of filings, most recently posting $613.5 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 6.27% year-over-year to $613.5 million; the TTM figure through Jun 2026 stood at $2.4 billion (up 9.06% YoY), while the FY2025 annual figure was $2.3 billion, up 14.34% from the prior year.
  • Operating Expenses came in at $613.5 million for Q2 2026 at Trade Desk, down from $622.2 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.
  • Average Operating Expenses over 5 years is $487.2 million, with a median of $476.2 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 72.1% in 2022 against a maximum downside of 7.22% in 2022.
  • Over 5 years, 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 increased by 3.99% to $613.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $613.5 million in Q2 2026, $622.2 million in Q1 2026, and $589.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alphabet 4,015.60 Bn 3,586.56 Bn 73.85 Bn 79.03 Bn
2 AppLovin 105.55 Bn 102.50 Bn 1.70 Bn 429.41 Mn
3 Trade Desk 6.54 Bn 5.05 Bn 530.72 Mn 613.48 Mn
4 Magnite 3.37 Bn 3.04 Bn 130.79 Mn 161.60 Mn
5 DoubleVerify Holdings 2.06 Bn 1.85 Bn 161.31 Mn 75.23 Mn
6 Digital Turbine 1.37 Bn 1.33 Bn - -
7 Taboola.com 1.04 Bn 903.09 Mn 139.48 Mn 132.22 Mn
8 Quinstreet 1.03 Bn 904.30 Mn 49.81 Mn 21.08 Mn
9 Ibotta 929.95 Mn 781.77 Mn 69.72 Mn 71.60 Mn
10 Mntn 865.30 Mn 628.02 Mn 66.30 Mn 59.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 613.48 Mn
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