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

Trade Desk has disclosed Operating Margin across 12 years of filings, most recently posting 9.68% for Q1 2026.

• Operating Margin for Q1 2026 came in at 9.68%, up 84.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.26% (up 263.0% YoY), and the FY2025 annual result was 20.35%, up 288.0% from the prior year.
• Operating Margin came in at 9.68% for Q1 2026 at Trade Desk, down from 30.33% 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.
• The 5-year median for Operating Margin is 9.68% (2026), against an average of 12.37%.
• Peak annual rise in Operating Margin reached 2682 bps in 2022, while the deepest fall reached 2166 bps in 2022.
• Trade Desk's 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 slumped by 68 bps to 9.68% in 2026.
• The last three Operating Margin figures came in at 9.68% (Q1 2026), 30.33% (Q4 2025), and 21.8% (Q3 2025), per Business Quant data.