Trade Desk (TTD) Operating Expenses (2015 - 2026)
Trade Desk (TTD) reported Operating Expenses of $622.2 million for Q1 2026, up 10.8% on a YoY basis from $561.6 million in Q1 2025, and up 5.47% sequentially from $589.9 million in Q4 2025.
Trade Desk (TTD) Operating Expenses (2015 - 2026) Analysis & Trends
Trade Desk (TTD) has 12 years of Operating Expenses data on file, last reported at $622.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 10.8% year-over-year to $622.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 11.86% YoY), and the FY2025 full-year result was $2.3 billion, up 14.34% from the prior year.
- Operating Expenses advanced to $622.2 million in Q1 2026, 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.
- A 5-year average of $479.8 million and a median of $462.6 million in 2024 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 72.1% in 2022, while the deepest fall reached 7.22% in 2022.
- Tracing TTD's Operating Expenses over 5 years: stood at $390.6 million in 2022, then gained by 18.12% to $461.4 million in 2023, then climbed by 18.28% to $545.7 million in 2024, then advanced by 8.1% to $589.9 million in 2025, then gained by 5.47% to $622.2 million in 2026.
- Business Quant data shows TTD's Operating Expenses at $622.2 million in Q1 2026, $589.9 million in Q4 2025, and $578.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 402.52 Mn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 5.60 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 622.21 Mn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 156.65 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 264.71 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 694.50 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 71.31 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 97.41 Mn |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 212.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |