Trade Desk (TTD) Operating Leases (2019 - 2026)
Trade Desk (TTD) posted Operating Leases of $353.19 million for Q2 2026, up 30.3% from $271.14 million a year earlier and up 2.1% from the prior quarter.
Trade Desk (TTD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Trade Desk's Operating Leases came in at $359.98 million, up 45.3% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In prior years, Trade Desk's Operating Leases was $247.72 million in FY2024 (+37.3%), $180.37 million in FY2023 (-13.5%), $208.53 million in FY2022 (-12.5%) and $238.45 million in FY2021 (-6.3%).
- Quarterly Operating Leases has run from a low of $180.37 million in Q4 2023 to a high of $359.98 million in Q4 2025 over five years.
- On a year-over-year basis, Operating Leases has increased in each of the last nine quarters, with growth averaging 34.6% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q1 2025, with growth of 45.6%; the weakest was Q4 2023, with a decline of 13.5%.
- According to Business Quant data, Operating Leases for the three prior quarters was $346.07 million (Q1 2026), $359.98 million (Q4 2025) and $302.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn |
| 10 | Trade Desk | 5.92 Bn | 282.65 Mn | 530.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 353.19 Mn |
| 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 |
Trade Desk Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TTD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TTD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();