Trade Desk (TTD) Operating Leases (2019 - 2026)
Trade Desk's (TTD) quarterly Operating Leases came in at $346.1 million in Q1 2026, up 31.75% year-on-year from $262.7 million in Q1 2025, and down 3.86% quarter-over-quarter from $360.0 million in Q4 2025.
Trade Desk (TTD) Operating Leases (2019 - 2026) Analysis & Trends
Trade Desk has disclosed Operating Leases across 8 years of filings, most recently posting $346.1 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $346.1 million, up 31.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $346.1 million (up 31.75% YoY), and the FY2025 annual result was $360.0 million, up 45.31% from the prior year.
- Operating Leases came in at $346.1 million for Q1 2026 at Trade Desk, down 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.
- The 5-year median for Operating Leases is $219.3 million (2022), against an average of $238.0 million.
- Across the five-year window, Operating Leases retreated 13.5% in 2023 and soared 45.56% in 2025, its largest moves.
- Trade Desk's Operating Leases stood at $208.5 million in 2022, then slipped by 13.5% to $180.4 million in 2023, then surged by 37.34% to $247.7 million in 2024, then surged by 45.31% to $360.0 million in 2025, then declined by 3.86% to $346.1 million in 2026.
- The last three Operating Leases figures came in at $346.1 million (Q1 2026), $360.0 million (Q4 2025), and $302.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 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 |