Growth Metrics

Trade Desk (TTD) Operating Margin (2016 - 2026)

Trade Desk has reported Operating Margin over the past 12 years, most recently at 9.68% for Q1 2026.

  • Quarterly results put Operating Margin at 9.68% for Q1 2026, up 84.0% from a year ago — trailing twelve months through Mar 2026 was 20.26% (up 263.0% YoY), and the annual figure for FY2025 was 20.35%, up 288.0%.
  • Operating Margin reached 9.68% in Q1 2026 per TTD's latest filing, down from 30.33% in the prior quarter.
  • Across five years, Operating Margin topped out at 30.33% in Q4 2025 and bottomed at 6.09% in Q1 2023.
  • Median Operating Margin over the past 5 years was 9.68% (2026), compared with a mean of 12.37%.
  • Peak annual rise in Operating Margin hit 2682bps in 2022, while the deepest fall reached -2166bps in 2022.
  • Over 5 years, Operating Margin stood at 20.41% in 2022, then increased by 17bps to 23.84% in 2023, then rose by 11bps to 26.36% in 2024, then rose by 15bps to 30.33% in 2025, then crashed by -68bps to 9.68% in 2026.
  • Business Quant data shows Operating Margin for TTD at 9.68% in Q1 2026, 30.33% in Q4 2025, and 21.8% in Q3 2025.