📊 TTD Key Takeaways
Is Trade Desk, Inc. (TTD) a Good Investment?
Trade Desk demonstrates exceptional free cash flow generation (40.5% FCF margin) with a fortress balance sheet featuring zero debt and $878.4M in cash, indicating strong operational cash conversion despite modest accounting profitability. However, weak net margins (5.8%), concerning ROE/ROA metrics (1.6%/0.7%), and an anomalous revenue growth figure (4114.8% YoY) warrant caution and further investigation into data quality and earnings sustainability.
Trade Desk, Inc. Key Strengths (TTD)
- Exceptional free cash flow generation at 40.5% margin ($279.1M on $688.9M revenue) demonstrates robust operational efficiency
- Zero debt capital structure with strong liquidity (1.68x current ratio) and $878.4M cash position provides financial flexibility
- Operating cash flow of $391.8M significantly exceeds net income, indicating conservative accounting and non-cash charges rather than true operational weakness
TTD Stock Risks: Trade Desk, Inc. Investment Risks
- Profitability metrics are weak with 5.8% net margin and 9.7% operating margin, concerning for a software/services company
- Severely depressed returns on equity (1.6%) and assets (0.7%) despite strong cash generation suggests inefficient capital deployment or significant goodwill/intangible asset impairment risk
- Anomalous 4114.8% YoY revenue growth and missing gross margin data suggest data quality issues or undisclosed acquisitions/restructuring requiring clarification
Key Metrics to Watch
- Gross profit margin and operating leverage as growth moderates from abnormal YoY comparisons
- Sustainability of 40.5% free cash flow margin and free cash flow conversion rate
- Return on equity and asset productivity improvement trajectory
Trade Desk, Inc. (TTD) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 40.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
TTD Profit Margin, ROE & Profitability Analysis
TTD vs Technology Sector: How Trade Desk, Inc. Compares
How Trade Desk, Inc. compares to Technology sector averages
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.
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
TTD Revenue & Earnings Growth: 5-Year Financial Trend
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
TTD Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $616.0M | $40.0M | $0.08 |
| 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 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Trade Desk, Inc. Dividends, Buybacks & Capital Allocation
TTD SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Trade Desk, Inc. (CIK: 0001671933)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TTD
What is the AI rating for TTD?
Trade Desk, Inc. (TTD) has an AI grade of A with 65% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TTD's key strengths?
Claude: Exceptional free cash flow generation at 40.5% margin ($279.1M on $688.9M revenue) demonstrates robust operational efficiency. Zero debt capital structure with strong liquidity (1.68x current ratio) and $878.4M cash position provides financial flexibility.
What are the risks of investing in TTD?
Claude: Profitability metrics are weak with 5.8% net margin and 9.7% operating margin, concerning for a software/services company. Severely depressed returns on equity (1.6%) and assets (0.7%) despite strong cash generation suggests inefficient capital deployment or significant goodwill/intangible asset impairment risk.
What is TTD's revenue and growth?
Trade Desk, Inc. reported revenue of $688.9M.
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 $0.08.
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 grade reflects both perspectives for balanced insights.
What is TTD's fundamental grade?
Based on our AI fundamental analysis in June 2026, Trade Desk, Inc. has a A grade with 65% 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 1.6% (sector avg: 22%), net margin of 5.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is TTD's AI grade for 2026?
Our dual AI analysis gives Trade Desk, Inc. a combined A grade 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 $391.8M, with capital expenditures of $112.7M. FCF margin is 40.5%.
How does TTD compare to other Technology stocks?
Vs Technology sector averages: Net margin 5.8% (avg: 18%), ROE 1.6% (avg: 22%), current ratio 1.68 (avg: 2.5).