Trade Desk Cash Flow Statement
NASDAQ: TTDTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Trade Desk free cash flow
In fiscal 2025, Trade Desk generated $992.7 million of operating cash flow and spent $197.0 million on capital expenditures. That left free cash flow of $795.7 million, a free-cash-flow margin of 27.5% of revenue. Free cash flow was up 24.1% from the prior year's $641.2 million.
Trade Desk returned $1.38 billion to shareholders through share repurchases, equal to 173% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Trade Desk cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 443.30M | 393.08M | 178.94M | 53.38M | 137.76M | 242.32M | 108.32M | 88.14M | 50.80M | 20.48M |
| Net Income growth (YoY) | +12.78% | +119.67% | +235.19% | -61.25% | -43.15% | +123.71% | +22.89% | +73.51% | +148.01% | +28.58% |
| Depreciation & Amortization | 115.78M | 87.49M | 80.42M | 54.42M | 42.22M | 28.63M | 21.66M | 11.82M | 7.21M | 3.80M |
| Stock-Based Compensation | 490.63M | 494.70M | 491.62M | 498.64M | 337.41M | 111.78M | 80.76M | 42.21M | 21.32M | 5.06M |
| Change in Working Capital | -218.23M | -214.09M | -105.36M | -53.97M | -125.69M | 32.05M | -152.36M | -55.49M | -49.51M | 33.79M |
| Operating Cash Flow | 992.72M | 739.46M | 598.32M | 548.73M | 378.51M | 405.07M | 60.20M | 86.60M | 31.22M | 75.03M |
| Capital Expenditures | -197.01M | -98.24M | -46.79M | -84.16M | -54.80M | -74.06M | -35.69M | -19.80M | -10.11M | -6.88M |
| Investing Cash Flow | -292.63M | -157.51M | -107.59M | -304.37M | -93.64M | -143.27M | -163.84M | -25.19M | -16.06M | -9.22M |
| Share Repurchases | -1.38B | -234.78M | -646.60M | 0 | 0 | — | — | — | — | -54.00M |
| Financing Cash Flow | -1.41B | -107.61M | -626.11M | 31.99M | 31.93M | 44.68M | 27.28M | -10.13M | 7.39M | 63.54M |
| Net Change in Cash | -711.29M | 474.33M | -135.38M | 276.35M | 316.80M | 306.48M | -76.36M | 51.28M | 22.55M | 129.35M |
| Free Cash Flow | 795.71M | 641.22M | 551.53M | 464.57M | 323.71M | 331.01M | 24.51M | 66.81M | 21.11M | 68.15M |
This table shows 10 annual periods of Trade Desk's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow TTD's reporting calendar. What is a cash flow statement?