Trade Desk (TTD) Operating Leases (2019 - 2026)
Trade Desk (TTD) reported Operating Leases of $346.1 million for Q1 2026, up 31.75% on a YoY basis from $262.7 million in Q1 2025, and down 3.86% sequentially from $360.0 million in Q4 2025.
Trade Desk (TTD) Operating Leases (2019 - 2026) Analysis & Trends
Trade Desk (TTD) has 8 years of Operating Leases data on file, last reported at $346.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 31.75% year-over-year to $346.1 million; the trailing twelve-month figure through Mar 2026 stood at $346.1 million (up 31.75% YoY), and the FY2025 full-year result was $360.0 million, up 45.31% from the prior year.
- Operating Leases retreated to $346.1 million in Q1 2026, from $360.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $360.0 million in Q4 2025 to a low of $180.4 million in Q4 2023.
- A 5-year average of $238.0 million and a median of $219.3 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases retreated 13.5% in 2023 and soared 45.56% in 2025, its largest moves.
- Tracing TTD's Operating Leases over 5 years: stood at $208.5 million in 2022, then decreased by 13.5% to $180.4 million in 2023, then jumped by 37.34% to $247.7 million in 2024, then jumped by 45.31% to $360.0 million in 2025, then dropped by 3.86% to $346.1 million in 2026.
- Business Quant data shows TTD's Operating Leases at $346.1 million in Q1 2026, $360.0 million in Q4 2025, and $302.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 346.07 Mn |
| Dec 31, 2025 | 359.98 Mn |
| Sep 30, 2025 | 302.85 Mn |
| Jun 30, 2025 | 271.14 Mn |
| Mar 31, 2025 | 262.67 Mn |
| Dec 31, 2024 | 247.72 Mn |
| Sep 30, 2024 | 230.36 Mn |
| Jun 30, 2024 | 202.77 Mn |
| Mar 31, 2024 | 180.46 Mn |
| Dec 31, 2023 | 180.37 Mn |
| Sep 30, 2023 | 190.21 Mn |
| Jun 30, 2023 | 198.08 Mn |
| Mar 31, 2023 | 200.73 Mn |
| Dec 31, 2022 | 208.53 Mn |
| Sep 30, 2022 | 215.73 Mn |
| Jun 30, 2022 | 219.34 Mn |
| Mar 31, 2022 | 229.49 Mn |
| Dec 31, 2021 | 238.45 Mn |
| Sep 30, 2021 | 247.92 Mn |
| Jun 30, 2021 | 253.00 Mn |