Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +22.3% EPS YoY: +85.0% Move: +3.05%

Previous: Q3 2024

The Trade Desk Inc

TTD

$27.04 3.05%

Exchange NASDAQ Sector Technology Industry Software Application

Q4 2024

Published: Feb 21, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for TTD

Reported

Report Date

Feb 21, 2025

Quarter Q4 2024

Revenue

741.01M

YoY: +22.3%

EPS

0.36

YoY: +85.0%

Market Move

+3.05%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $741.01M up 22.3% year-over-year
EPS of $0.36 increased by 85% from previous year
Gross margin of 81.7%
Net income of 182.23M
""We control $12 billion of ad spend in an approximately $1 trillion advertising industry....we are preparing for a world where Google exits the open internet."" - Jeff Green

TTD

The Trade Desk Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

The Trade Desk Inc (TTD) reported its Q4 2024 results with revenue accelerating to $741 million, reflecting a 22% YoY increase despite a notable execution miss against its own expectations. The total annual revenue reached $2.4 billion, marking a 26% growth year-over-year with a significant contribution from the shift towards Connected TV (CTV).

However, the company acknowledged its first earnings miss in 33 quarters largely due to internal execution missteps. Management is actively recalibrating the organization to better capture the expanding market, which they estimate controls over $12 billion in ad spend. The investment in restructuring and product development, particularly through AI enhancements, is aimed at positioning TTD for long-term growth and improved operational efficiency.

Key Performance Indicators

Revenue

Increasing

741.01M

QoQ: 17.99% | YoY: 22.32%

Gross Profit

Increasing

605.75M

81.75% margin

QoQ: 19.86% | YoY: 19.93%

Operating Income

Increasing

195.31M

QoQ: 80.04% | YoY: 35.22%

Net Income

Increasing

182.23M

QoQ: 93.54% | YoY: 87.24%

EPS

Increasing

0.37

QoQ: 94.74% | YoY: 85.00%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Highlights:
- Revenue: $741 million (22% increase YoY); Annual Revenue: $2.4 billion (26% increase YoY).
- Net Income: $182 million; EPS: $0.37.
- Adjusted EBITDA: $350 million (47% margin).
- Operating Expenses: $416 million (up 23% YoY).
- Free Cash Flow: $177 million in Q4; annual free cash flow exceeded $630 million.
- Cash Position: $1.9 billion, no debt on the balance sheet.

Ratios and Margins:
- Gross Profit Margin: 81.7%
- Operating Profit Margin: 26.5%
- Net Profit Margin: 24.6%
- DSOs: 97 days, improved by 4 days YoY.
- DPOs: 80 days, improved by 3 days YoY.

The company cited operational growth strategies, with video, including CTV, making up a significant share of revenue, reflecting a pivot towards faster-growing digital channels and a data-driven advertising model.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	741.01M	22.32%	17.99%
Gross Profit	605.75M	19.93%	19.86%
Operating Income	195.31M	35.22%	80.04%
Net Income	182.23M	87.24%	93.54%
EPS	0.37	85.00%	94.74%

Key Financial Ratios

Gross Profit Margin

Excellent

81.70%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Excellent

26.40%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Excellent

24.60%

Net profit margin is exceptional, indicating strong pricing power and operational efficiency

Return on Assets

Weak

2.98%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

6.18%

Return on equity is acceptable but below top-tier companies

Current Ratio

Healthy

1.86

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.11

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

High Growth

79.65x

Very high P/E indicates aggressive growth expectations, higher risk

Price to Book

High Premium

19.69x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	741.01	0.36	+22.3%	View
Q3 2024	628.02	0.19	+27.3%	View
Q2 2024	584.55	0.17	+25.9%	View
Q1 2024	491.25	0.06	+28.3%	View
Q4 2023	605.80	0.19	+23.5%	View

TTD

The Trade Desk Inc

Q3 2024 Report

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The Trade Desk Inc

Q2 2024 Report

The Trade Desk Inc (TTD) Q2 2024 Financial Results: Strong Growth and Market Positioning Amidst Economic Uncertainties...

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The Trade Desk Inc

Q1 2024 Report

The Trade Desk Inc (TTD) Q1 2024 Financial Results: Strong Revenue Growth and Strategic Positioning in Digital Advertising...

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The Trade Desk Inc

Q4 2023 Report

The Trade Desk Inc (TTD) Q4 2023 Financial Results: Strong Year-End Performance and Promising Outlook...

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The Trade Desk Inc (TTD) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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