Trade Desk Operating Expenses Growth & History (TTD)
Trade Desk's operating expenses was $2.31B for fiscal 2025.
View full Trade Desk company overviewTrade Desk annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.31B | $289.3M | +14.34% |
| 2024 | 2024-12-31 | $2.02B | $272.0M | +15.58% |
| 2023 | 2023-12-31 | $1.75B | $281.5M | +19.23% |
| 2022 | 2022-12-31 | $1.46B | $392.5M | +36.62% |
| 2021 | 2021-12-31 | $1.07B | $379.8M | +54.90% |
| 2020 | 2020-12-31 | $691.8M | $143.0M | +26.05% |
| 2019 | 2019-12-31 | $548.9M | $178.9M | +48.35% |
| 2018 | 2018-12-31 | $370.0M | $131.1M | +54.89% |
| 2017 | 2017-12-31 | $238.9M | $93.5M | +64.27% |
| 2016 | 2016-12-31 | $145.4M | $92.5M | +174.93% |
| 2015 | 2015-12-31 | $52.9M | $21.7M | +69.38% |
| 2014 | 2014-12-31 | $31.2M | — | — |
Trade Desk quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $613.5M | $36.2M | +6.27% |
| Q1 2026 | 2026-03-31 | $622.2M | $60.6M | +10.80% |
| Q4 2025 | 2025-12-31 | $589.9M | $44.2M | +8.10% |
| Q3 2025 | 2025-09-30 | $578.2M | $58.7M | +11.29% |
| Q2 2025 | 2025-06-30 | $577.3M | $87.4M | +17.85% |
| Q1 2025 | 2025-03-31 | $561.6M | $99.0M | +21.40% |
| Q4 2024 | 2024-12-31 | $545.7M | $84.3M | +18.28% |
| Q3 2024 | 2024-09-30 | $519.5M | $63.9M | +14.04% |
| Q2 2024 | 2024-06-30 | $489.8M | $67.2M | +15.91% |
| Q1 2024 | 2024-03-31 | $462.6M | $56.5M | +13.91% |
| Q4 2023 | 2023-12-31 | $461.4M | $70.8M | +18.12% |
| Q3 2023 | 2023-09-30 | $455.6M | $89.6M | +24.49% |
| Q2 2023 | 2023-06-30 | $422.6M | $47.4M | +12.62% |
| Q1 2023 | 2023-03-31 | $406.1M | $73.7M | +22.18% |
| Q4 2022 | 2022-12-31 | $390.6M | −$30.4M | −7.22% |
| Q3 2022 | 2022-09-30 | $366.0M | $145.3M | +65.86% |
| Q2 2022 | 2022-06-30 | $375.2M | $157.2M | +72.10% |
| Q1 2022 | 2022-03-31 | $332.4M | $120.3M | +56.76% |
| Q4 2021 | 2021-12-31 | $421.0M | $207.5M | +97.20% |
| Q3 2021 | 2021-09-30 | $220.6M | $47.3M | +27.30% |
| Q2 2021 | 2021-06-30 | $218.0M | $62.9M | +40.54% |
| Q1 2021 | 2021-03-31 | $212.0M | $62.1M | +41.45% |
| Q4 2020 | 2020-12-31 | $213.5M | $50.2M | +30.73% |
| Q3 2020 | 2020-09-30 | $173.3M | $31.1M | +21.83% |
| Q2 2020 | 2020-06-30 | $155.1M | $27.2M | +21.22% |
| Q1 2020 | 2020-03-31 | $149.9M | $34.6M | +29.98% |
| Q4 2019 | 2019-12-31 | $163.3M | $51.8M | +46.45% |
| Q3 2019 | 2019-09-30 | $142.3M | $45.7M | +47.34% |
| Q2 2019 | 2019-06-30 | $128.0M | $41.8M | +48.51% |
| Q1 2019 | 2019-03-31 | $115.3M | $39.6M | +52.26% |
| Q4 2018 | 2018-12-31 | $111.5M | $25.6M | +29.83% |
| Q3 2018 | 2018-09-30 | $96.6M | $35.6M | +58.29% |
| Q2 2018 | 2018-06-30 | $86.2M | $33.1M | +62.25% |
| Q1 2018 | 2018-03-31 | $75.7M | $36.9M | +94.86% |
| Q4 2017 | 2017-12-31 | $85.9M | $10.9M | +14.52% |
| Q3 2017 | 2017-09-30 | $61.0M | $33.5M | +121.97% |
| Q2 2017 | 2017-06-30 | $53.1M | $29.6M | +126.33% |
| Q1 2017 | 2017-03-31 | $38.9M | $19.4M | +99.64% |
| Q4 2016 | 2016-12-31 | $75.0M | — | — |
| Q3 2016 | 2016-09-30 | $27.5M | $13.9M | +101.96% |
| Q2 2016 | 2016-06-30 | $23.5M | — | — |
| Q1 2016 | 2016-03-31 | $19.5M | — | — |
| Q3 2015 | 2015-09-30 | $13.6M | — | — |
Trade Desk operating expenses trends
Over the last five fiscal years, Trade Desk's operating expenses increased from $691.8M to $2.31B, a change of $1.62B. The latest reported quarter, Q2 2026, shows $613.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trade Desk source filings ↗