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Trade Desk (TTD) free cash flow by quarter

Trade Desk's free cash flow was $140M in Q2 2026 (second quarter 2026), -50% from Q1 2026. Over the last 7 quarters it ranged from $120M (Q2 2025) to $285M (Q4 2025).

Trade Desk free cash flow by quarterTrade Desk free cash flow by quarter$179MQ4 2024$232MQ1 2025$120MQ2 2025$158MQ3 2025$285MQ4 2025$279MQ1 2026$140MQ2 2026
QuarterFree cash flowQ/QY/Y
Q2 2026$140M-50%+17%
Q1 2026$279M-2%+20%
Q4 2025$285M+80%+59%
Q3 2025$158M+32%—
Q2 2025$120M-48%—
Q1 2025$232M+30%—
Q4 2024$179M——

Q2 2026 at a glance

Trade Desk, Q2 2026: revenue $715M (+3% year over year), operating margin 14.2%, net earnings $64.4M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.

Questions

What is Trade Desk's free cash flow?

Trade Desk's free cash flow was $140M in Q2 2026 (second quarter 2026), -50% from Q1 2026.

How has Trade Desk's free cash flow changed?

Over the last 7 quarters it ranged from $120M (Q2 2025) to $285M (Q4 2025).

Q2 2026 results → · How Trade Desk makes money →