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Trade Desk (TTD) Operating Expenses (2016 - 2025)

Trade Desk's Operating Expenses history spans 11 years, with the latest figure at $589.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 8.1% year-over-year to $589.9 million; the TTM value through Dec 2025 reached $2.3 billion, up 14.34%, while the annual FY2025 figure was $2.3 billion, 14.34% up from the prior year.
  • Operating Expenses for Q4 2025 was $589.9 million at Trade Desk, up from $578.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $589.9 million in Q4 2025 and bottomed at $212.0 million in Q1 2021.
  • The 5-year median for Operating Expenses is $439.1 million (2023), against an average of $430.3 million.
  • The largest annual shift saw Operating Expenses skyrocketed 97.2% in 2021 before it decreased 7.22% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $421.0 million in 2021, then decreased by 7.22% to $390.6 million in 2022, then rose by 18.12% to $461.4 million in 2023, then increased by 18.28% to $545.7 million in 2024, then grew by 8.1% to $589.9 million in 2025.
  • Per Business Quant, the three most recent readings for TTD's Operating Expenses are $589.9 million (Q4 2025), $578.2 million (Q3 2025), and $577.3 million (Q2 2025).