Filing Flows › Trade Desk (TTD) › Operating margin
Trade Desk (TTD) operating margin by quarter
Trade Desk's operating margin was 14.2% in Q2 2026 (second quarter 2026), +4.5 pts from Q1 2026. Over the last 7 quarters it ranged from 8.8% (Q1 2025) to 30.3% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 14.2% | +4.5 pts | -2.6 pts |
| Q1 2026 | 9.7% | -20.7 pts | +0.8 pts |
| Q4 2025 | 30.3% | +8.5 pts | +4.0 pts |
| Q3 2025 | 21.8% | +5.0 pts | — |
| Q2 2025 | 16.8% | +8.0 pts | — |
| Q1 2025 | 8.8% | -17.5 pts | — |
| Q4 2024 | 26.4% | — | — |
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 operating margin?
Trade Desk's operating margin was 14.2% in Q2 2026 (second quarter 2026), +4.5 pts from Q1 2026.
How has Trade Desk's operating margin changed?
Over the last 7 quarters it ranged from 8.8% (Q1 2025) to 30.3% (Q4 2025).