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Trade Desk, Inc. (TTD) Stock Fundamental Analysis & AI Rating 2026

TTD Nasdaq Services-Computer Programming, Data Processing, Etc. NV CIK: 0001671933
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
BUY
78% Conf
Pending
Analysis scheduled

📊 TTD Key Takeaways

Revenue: $2.9B
Net Margin: 15.3%
Free Cash Flow: $795.7M
Current Ratio: 1.61x
Debt/Equity: 0.00x
EPS: $0.90
AI Rating: BUY with 78% confidence
Trade Desk, Inc. (TTD) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.9B, net profit margin of 15.3%, and return on equity (ROE) of 17.8%, Trade Desk, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete TTD stock analysis for 2026.

Is Trade Desk, Inc. (TTD) a Good Investment?

Claude

Trade Desk demonstrates strong fundamental metrics with 20.3% operating margins, exceptional free cash flow generation at $795.7M (27.5% FCF margin), and a pristine debt-free balance sheet. However, the unusual 4114.8% revenue growth appears disconnected from 12.8% net income growth, suggesting a major acquisition or consolidation that requires near-term integration execution and margin normalization to validate the investment thesis.

Why Buy Trade Desk, Inc. Stock? TTD Key Strengths

Claude
  • + Zero long-term debt with $658.2M cash and pristine balance sheet (Debt/Equity: 0.00x)
  • + Outstanding free cash flow generation at $795.7M with 27.5% FCF margin indicating high-quality earnings
  • + Solid profitability maintenance: 20.3% operating margin and 15.3% net margin with 15.4% EPS growth YoY
  • + Excellent liquidity position: 1.61x current ratio and 380.2x interest coverage ratio
  • + Positive ROE of 17.8% and reasonable ROA of 7.2% demonstrating efficient capital deployment

TTD Stock Risks: Trade Desk, Inc. Investment Risks

Claude
  • ! Extreme revenue growth (4114.8% YoY) likely from acquisition or merger requiring successful integration execution
  • ! Net income growth (12.8%) significantly lags revenue growth indicating margin compression or elevated non-recurring integration costs
  • ! 14 Form 4 insider filings in last 90 days warrant monitoring for potential management turnover or strategic concerns
  • ! Missing gross margin data limits visibility into cost structure, operational efficiency, and business model sustainability
  • ! Revenue growth sustainability and margin normalization in subsequent quarters unclear without understanding acquisition details

Key Metrics to Watch

Claude
  • * Quarterly revenue growth rates to assess if 4114.8% spike is sustainable or one-time acquisition event
  • * Gross margin and operating margin trends during integration period
  • * Free cash flow conversion and operating cash flow consistency through next 2-3 quarters
  • * Total debt levels if any acquisition financing was utilized
  • * Form 4 insider trading patterns and insider ownership changes

Trade Desk, Inc. (TTD) Financial Metrics & Key Ratios

Revenue
$2.9B
Net Income
$443.3M
EPS (Diluted)
$0.90
Free Cash Flow
$795.7M
Total Assets
$6.2B
Cash Position
$658.2M

💡 AI Analyst Insight

The 27.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

TTD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 20.3%
Net Margin 15.3%
ROE 17.8%
ROA 7.2%
FCF Margin 27.5%

TTD vs Technology Sector: How Trade Desk, Inc. Compares

How Trade Desk, Inc. compares to Technology sector averages

Net Margin
TTD 15.3%
vs
Sector Avg 18.0%
TTD Sector
ROE
TTD 17.8%
vs
Sector Avg 22.0%
TTD Sector
Current Ratio
TTD 1.6x
vs
Sector Avg 2.5x
TTD Sector
Debt/Equity
TTD 0.0x
vs
Sector Avg 0.5x
TTD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Trade Desk, Inc. Stock Overvalued? TTD Valuation Analysis 2026

Based on fundamental analysis, Trade Desk, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
17.8%
Sector avg: 22%
Net Profit Margin
15.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Trade Desk, Inc. Balance Sheet: TTD Debt, Cash & Liquidity

Current Ratio
1.61x
Quick Ratio
1.61x
Debt/Equity
0.00x
Debt/Assets
59.6%
Interest Coverage
380.21x
Long-term Debt
N/A

TTD Revenue & Earnings Growth: 5-Year Financial Trend

TTD 5-year financial data: Year 2021: Revenue $1.2B, Net Income $108.3M, EPS $0.23. Year 2022: Revenue $1.6B, Net Income $242.3M, EPS $0.49. Year 2023: Revenue $1.9B, Net Income $137.8M, EPS $0.28. Year 2024: Revenue $2.4B, Net Income $53.4M, EPS $0.11. Year 2025: Revenue $2.9B, Net Income $178.9M, EPS $0.36.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Trade Desk, Inc.'s revenue has grown significantly by 142% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.36 reflects profitable operations.

TTD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
27.5%
Free cash flow / Revenue

TTD Quarterly Earnings & Performance

Quarterly financial performance data for Trade Desk, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $628.0M $31.7M $0.19
Q2 2025 $584.6M $31.7M $0.17
Q1 2025 $491.3M $31.7M $0.06
Q3 2024 $493.3M $9.3M $0.08
Q2 2024 $464.3M $9.3M $0.07
Q1 2024 $382.8M $9.3M $0.02
Q3 2023 $394.8M $9.3M $0.03
Q2 2023 $377.0M $9.3M $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Trade Desk, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$992.7M
Cash generated from operations
Stock Buybacks
$1.4B
Shares repurchased (TTM)
Capital Expenditures
$197.0M
Investment in assets
Dividends
None
No dividend program

TTD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Trade Desk, Inc. (CIK: 0001671933)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A ttd-20260408.htm View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775608480.xml View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775596746.xml View →
Apr 6, 2026 8-K ttd-20260331.htm View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775253903.xml View →

Frequently Asked Questions about TTD

What is the AI rating for TTD?

Trade Desk, Inc. (TTD) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TTD's key strengths?

Claude: Zero long-term debt with $658.2M cash and pristine balance sheet (Debt/Equity: 0.00x). Outstanding free cash flow generation at $795.7M with 27.5% FCF margin indicating high-quality earnings.

What are the risks of investing in TTD?

Claude: Extreme revenue growth (4114.8% YoY) likely from acquisition or merger requiring successful integration execution. Net income growth (12.8%) significantly lags revenue growth indicating margin compression or elevated non-recurring integration costs.

What is TTD's revenue and growth?

Trade Desk, Inc. reported revenue of $2.9B.

Does TTD pay dividends?

Trade Desk, Inc. does not currently pay dividends.

Where can I find TTD SEC filings?

Official SEC filings for Trade Desk, Inc. (CIK: 0001671933) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TTD's EPS?

Trade Desk, Inc. has a diluted EPS of $0.90.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TTD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Trade Desk, Inc. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is TTD stock overvalued or undervalued?

Valuation metrics for TTD: ROE of 17.8% (sector avg: 22%), net margin of 15.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy TTD stock in 2026?

Our dual AI analysis gives Trade Desk, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TTD's free cash flow?

Trade Desk, Inc.'s operating cash flow is $992.7M, with capital expenditures of $197.0M. FCF margin is 27.5%.

How does TTD compare to other Technology stocks?

Vs Technology sector averages: Net margin 15.3% (avg: 18%), ROE 17.8% (avg: 22%), current ratio 1.61 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI