Trade Desk (TTD) Research & Development (2015 - 2026)
Trade Desk's (TTD) quarterly Research & Development came in at $174.4 million in Q2 2026, up 8.24% year-over-year from $161.1 million in Q2 2025, and up 1.29% quarter-over-quarter from $172.2 million in Q1 2026.
Analysis
Trade Desk (TTD) Research & Development (2015 - 2026) Analysis & Trends
Trade Desk has disclosed Research & Development across 12 years of filings, most recently posting $174.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 8.24% year-over-year to $174.4 million; the TTM figure through Jun 2026 stood at $677.0 million (up 11.94% YoY), while the FY2025 annual figure was $644.3 million, up 17.89% from the prior year.
- Research & Development came in at $174.4 million for Q2 2026 at Trade Desk, up from $172.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $174.4 million in Q2 2026 to a low of $72.0 million in Q1 2022.
- Average Research & Development over 5 years is $129.4 million, with a median of $130.3 million recorded in 2023.
- Year-over-year, Research & Development soared 44.8% in 2022 and advanced 8.24% in 2026.
- Over 5 years, Research & Development stood at $92.8 million in 2022, then surged by 36.59% to $126.8 million in 2023, then advanced by 18.8% to $150.6 million in 2024, then rose by 15.25% to $173.6 million in 2025, then increased by 0.47% to $174.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $174.4 million in Q2 2026, $172.2 million in Q1 2026, and $173.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | 18.22 Bn |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 99.90 Mn |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 174.40 Mn |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 47.00 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 48.26 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 67.16 Mn |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | 10.61 Mn |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | 32.88 Mn |
| 10 | Mntn | 867.15 Mn | 629.87 Mn | 66.30 Mn | 28.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 174.40 Mn |
| Mar 31, 2026 | 172.18 Mn |
| Dec 31, 2025 | 173.60 Mn |
| Sep 30, 2025 | 156.83 Mn |
| Jun 30, 2025 | 161.13 Mn |
| Mar 31, 2025 | 152.74 Mn |
| Dec 31, 2024 | 150.63 Mn |
| Sep 30, 2024 | 140.30 Mn |
| Jun 30, 2024 | 133.87 Mn |
| Mar 31, 2024 | 121.73 Mn |
| Dec 31, 2023 | 126.79 Mn |
| Sep 30, 2023 | 117.77 Mn |
| Jun 30, 2023 | 111.49 Mn |
| Mar 31, 2023 | 97.22 Mn |
| Dec 31, 2022 | 92.83 Mn |
| Sep 30, 2022 | 85.04 Mn |
| Jun 30, 2022 | 89.42 Mn |
| Mar 31, 2022 | 72.00 Mn |
| Dec 31, 2021 | 72.50 Mn |
| Sep 30, 2021 | 59.28 Mn |