Trade Desk (TTD) Research & Development (2015 - 2026)
Trade Desk's Research & Development came in at $140.74 million for Q2 2026, up 4.8% from $134.25 million a year earlier but down 1.4% from the prior quarter.
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Analysis
Trade Desk (TTD) Research & Development (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trade Desk reported Research & Development of $541.95 million, up 5.8% year-over-year; for FY2025, it was $525.14 million, up 13.3% from FY2024.
- Research & Development has increased in each of the last 11 years, with a five-year compound annual growth rate of 25.8% (FY2020 to FY2025).
- Going back by year, Research & Development was $463.32 million in FY2024 (+12.5%), $411.79 million in FY2023 (+28.7%), $319.88 million in FY2022 (+41.5%) and $226.14 million in FY2021 (+35.7%).
- The five-year range for quarterly Research & Development is $55.85 million (Q3 2021) to $142.72 million (Q1 2026).
- Year-over-year, Research & Development has increased for seven consecutive quarters, with growth averaging 11.7% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 55.9%), and the weakest in Q3 2024 (a decline of 0.1%).
- Business Quant data shows TTD's Research & Development at $142.72 million (Q1 2026), $130.6 million (Q4 2025) and $127.89 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -673.00 Mn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 99.90 Mn |
| 10 | Trade Desk | 5.80 Bn | 155.62 Mn | 530.72 Mn | 140.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 140.74 Mn |
| Mar 31, 2026 | 142.72 Mn |
| Dec 31, 2025 | 130.60 Mn |
| Sep 30, 2025 | 127.89 Mn |
| Jun 30, 2025 | 134.25 Mn |
| Mar 31, 2025 | 132.40 Mn |
| Dec 31, 2024 | 127.89 Mn |
| Sep 30, 2024 | 117.71 Mn |
| Jun 30, 2024 | 110.04 Mn |
| Mar 31, 2024 | 107.69 Mn |
| Dec 31, 2023 | 102.00 Mn |
| Sep 30, 2023 | 117.77 Mn |
| Jun 30, 2023 | 98.31 Mn |
| Mar 31, 2023 | 93.71 Mn |
| Dec 31, 2022 | 84.48 Mn |
| Sep 30, 2022 | 79.92 Mn |
| Jun 30, 2022 | 83.48 Mn |
| Mar 31, 2022 | 72.00 Mn |
| Dec 31, 2021 | 62.84 Mn |
| Sep 30, 2021 | 55.85 Mn |
API Access
Trade Desk Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TTD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TTD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();