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
DateValue
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