Trade Desk, Inc. (TTD) stock
TTDNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 17/3060% below fair value
$15.68+0.21 (+1.36%)
Close on Nov 13, 2026Market cap $7.37BP/E 22.7Yield –
Trade Desk r&d expenses
Research and development expenses are spending on new products and technology.
Trade Desk's R&D Expenses for the twelve months ending Sep 30, 2026 was $561.32M, up 7.4% year over year. For fiscal 2025 it was $525.14M, up 13.3% from the year before. Over ten years it grew 45.0% a year on average. The highest annual figure on record is $525.14M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $525.14M | +13.3% |
| FY2024 | Dec 31, 2024 | $463.32M | +12.5% |
| FY2023 | Dec 31, 2023 | $411.79M | +28.7% |
| FY2022 | Dec 31, 2022 | $319.88M | +41.5% |
| FY2021 | Dec 31, 2021 | $226.14M | +35.7% |
| FY2020 | Dec 31, 2020 | $166.65M | +42.7% |
| FY2019 | Dec 31, 2019 | $116.75M | +39.2% |
| FY2018 | Dec 31, 2018 | $83.89M | +58.9% |
| FY2017 | Dec 31, 2017 | $52.81M | +93.3% |
| FY2016 | Dec 31, 2016 | $27.31M | +113.1% |
| FY2015 | Dec 31, 2015 | $12.82M | +76.8% |
| FY2014 | Dec 31, 2014 | $7.25M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $147.27M | +15.1% |
| Q2 FY2026 | Jun 30, 2026 | $140.74M | +4.8% |
| Q1 FY2026 | Mar 31, 2026 | $142.72M | +7.8% |
| Q4 FY2025 | Dec 31, 2025 | $130.60M | +2.1% |
| Q3 FY2025 | Sep 30, 2025 | $127.89M | +8.7% |
| Q2 FY2025 | Jun 30, 2025 | $134.25M | +22.0% |
| Q1 FY2025 | Mar 31, 2025 | $132.40M | +23.0% |
| Q4 FY2024 | Dec 31, 2024 | $127.89M | +25.4% |
| Q3 FY2024 | Sep 30, 2024 | $117.71M | -0.1% |
| Q2 FY2024 | Jun 30, 2024 | $110.04M | +11.9% |
| Q1 FY2024 | Mar 31, 2024 | $107.69M | +14.9% |
| Q4 FY2023 | Dec 31, 2023 | $102.00M | +20.7% |
| Q3 FY2023 | Sep 30, 2023 | $117.77M | +47.4% |
| Q2 FY2023 | Jun 30, 2023 | $98.31M | +17.8% |
| Q1 FY2023 | Mar 31, 2023 | $93.71M | +30.2% |
| Q4 FY2022 | Dec 31, 2022 | $84.48M | +34.4% |
| Q3 FY2022 | Sep 30, 2022 | $79.92M | +43.1% |
| Q2 FY2022 | Jun 30, 2022 | $83.48M | +55.9% |
| Q1 FY2022 | Mar 31, 2022 | $72.00M | +33.5% |
| Q4 FY2021 | Dec 31, 2021 | $62.84M | +29.0% |
| Q3 FY2021 | Sep 30, 2021 | $55.85M | +36.0% |
| Q2 FY2021 | Jun 30, 2021 | $53.54M | +33.6% |
| Q1 FY2021 | Mar 31, 2021 | $53.92M | +46.5% |
| Q4 FY2020 | Dec 31, 2020 | $48.72M | +48.5% |
| Q3 FY2020 | Sep 30, 2020 | $41.08M | +40.8% |
| Q2 FY2020 | Jun 30, 2020 | $40.06M | +36.0% |
| Q1 FY2020 | Mar 31, 2020 | $36.79M | +45.4% |
| Q4 FY2019 | Dec 31, 2019 | $32.80M | +36.2% |
| Q3 FY2019 | Sep 30, 2019 | $29.19M | +29.0% |
| Q2 FY2019 | Jun 30, 2019 | $29.45M | +51.2% |
| Q1 FY2019 | Mar 31, 2019 | $25.31M | +43.0% |
| Q4 FY2018 | Dec 31, 2018 | $24.09M | +41.4% |
| Q3 FY2018 | Sep 30, 2018 | $22.62M | +71.6% |
| Q2 FY2018 | Jun 30, 2018 | $19.48M | +60.6% |
| Q1 FY2018 | Mar 31, 2018 | $17.70M | +69.2% |
| Q4 FY2017 | Dec 31, 2017 | $17.03M | +77.0% |
| Q3 FY2017 | Sep 30, 2017 | $13.18M | – |
| Q2 FY2017 | Jun 30, 2017 | $12.14M | – |
| Q1 FY2017 | Mar 31, 2017 | $10.46M | – |
| Q4 FY2016 | Dec 31, 2016 | $9.62M | – |
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