Growth Metrics

Trade Desk (TTD) Operating Margin (2016 - 2025)

Trade Desk (TTD) has disclosed Operating Margin for 11 consecutive years, with 30.33% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 398.0% to 30.33% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 20.35% through Dec 2025, up 288.0% year-over-year, with the annual reading at 20.35% for FY2025, 288.0% up from the prior year.
  • Operating Margin hit 30.33% in Q4 2025 for Trade Desk, up from 21.8% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 30.33% in Q4 2025 to a low of 6.41% in Q4 2021.
  • Historically, Operating Margin has averaged 12.33% across 5 years, with a median of 12.59% in 2023.
  • Biggest YoY gain for Operating Margin was 3344bps in 2021; the steepest drop was -3968bps in 2021.
  • Year by year, Operating Margin stood at 6.41% in 2021, then soared by 418bps to 20.41% in 2022, then grew by 17bps to 23.84% in 2023, then increased by 11bps to 26.36% in 2024, then increased by 15bps to 30.33% in 2025.
  • Business Quant data shows Operating Margin for TTD at 30.33% in Q4 2025, 21.8% in Q3 2025, and 16.83% in Q2 2025.