Trade Desk (TTD) Operating Margin (2015 - 2026)

Trade Desk has disclosed Operating Margin across 12 years of filings, most recently posting 14.21% for Q2 2026.

• In Q2 2026, Operating Margin fell 262.0% year-over-year to 14.21%; the TTM figure through Jun 2026 stood at 19.61% (up 188.0% YoY), while the FY2025 annual figure was 20.35%, up 288.0% from the prior year.
• Operating Margin came in at 14.21% for Q2 2026 at Trade Desk, up from 9.68% 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 6.09% in Q1 2023.
• Average Operating Margin over 5 years is 12.47%, with a median of 11.94% recorded in 2026.
• The largest YoY upside for Operating Margin was 2682 bps in 2022 against a maximum downside of 2166 bps in 2022.
• Over 5 years, Operating Margin stood at 20.41% in 2022, then increased by 17 bps to 23.84% in 2023, then climbed by 11 bps to 26.36% in 2024, then climbed by 15 bps to 30.33% in 2025, then tumbled by 53 bps to 14.21% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 14.21% in Q2 2026, 9.68% in Q1 2026, and 30.33% in Q4 2025.