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
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