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| 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 |