SuperworthTrade Desk profit margin TTD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 13.6%
- Operating margin, 12 months
- 19.6%
- Net margin on a year earlier
- −2.0 pts
- Peer median
- 20.5%
Over the twelve months to Jun 30, 2026, Trade Desk kept 13.6% of its revenue as net profit, with an operating margin of 19.6% and a gross margin of 76.9%.
Five years earlier its net margin was 25.4%.
The median for 10 application software stocks of a similar size is 20.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 15.3% | 20.3% | 78.6% |
| FY2024 | 16.1% | 17.5% | 80.7% |
| FY2023 | 9.2% | 10.3% | 81.2% |
| FY2022 | 3.4% | 7.2% | 82.2% |
| FY2021 | 11.5% | 10.4% | 81.5% |
| FY2020 | 29.0% | 17.2% | 78.6% |
| FY2019 | 16.4% | 17.0% | 76.4% |
| FY2018 | 18.5% | 22.5% | 76.1% |
| FY2017 | 16.5% | 22.5% | 78.5% |
| FY2016 | 10.1% | 28.3% | 80.3% |
| FY2015 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 13.6% | −2.0 pts | 19.6% | |
| Q1 FY26 | 14.6% | −1.5 pts | 20.3% | |
| Q4 FY25 | 15.3% | −0.8 pts | 20.3% | |
| Q3 FY25 | 15.7% | +2.4 pts | 18.9% | |
| Q2 FY25 | 15.6% | +3.9 pts | 17.7% | |
| Q1 FY25 | 16.0% | +6.2 pts | 17.6% | |
| Q4 FY24 | 16.1% | +6.9 pts | 17.5% | |
| Q3 FY24 | 13.3% | +5.0 pts | 16.3% | |
| Q2 FY24 | 11.6% | +4.2 pts | 14.0% | |
| Q1 FY24 | 9.8% | +5.1 pts | 12.3% | |
| Q4 FY23 | 9.2% | +5.8 pts | 10.3% | |
| Q3 FY23 | 8.3% | +9.0 pts | 8.5% |
Against its peers
Companies in Software - Application nearest Trade Desk's size, closest first, today.
| Company | Profit margin |
|---|---|
| TTDTrade Desk | 13.6% |
| PEGAPegasystems | 18.7% |
| RNGRingCentral | 4.3% |
| HNGEHinge Health | 15.1% |
| LIFLife360 | 25.7% |
| FAFirst Advantage | 1.5% |
| MTCHMatch | 20.2% |
| ESTCElastic | 20.8% |
| DOCNDigitalOcean | 23.3% |
| MGNIMagnite | 22.5% |
| FDSFactset Research Systems | 23.2% |
| Peer median | 20.5% |
Where Trade Desk ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Trade Desk
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.