Filing Flows › Trade Desk (TTD) › Q2 2026
Trade Desk (TTD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Trade Desk (TTD) reported revenue of $715M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before. Operating margin was 14.2%, net earnings $64.4M (9.0% of revenue).
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.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $715M | +4% | +3% |
| Operating profit | $102M | +52% | -13% |
| Net earnings | $64.4M | +61% | -29% |
| Operating cash flow | $154M | -61% | -7% |
| Free cash flow | $140M | -50% | +17% |
What changed
Revenue was $715.1M in Q2 2026, up 3% year over year and up 4% from the previous quarter.
Operating profit was $101.6M, a 14.2% margin (down 2.6 points year over year). Operating profit fell $15.2M even though revenue rose $21.0M versus Q2 2025, so costs grew faster than sales. Total costs grew 6% against revenue growth of 3%. The fastest-growing cost line was Cost of revenue (+22%). Net earnings were $64.4M, down 29% year over year. The effective tax rate was 43.1%.
Operating cash flow was $153.6M (down 7% year over year), 239% of net earnings. Non-cash charges added back $30.1M of depreciation and amortization and $109.6M of share-based compensation. Working capital and other items used $50.5M. Capital expenditures of $13.2M left free cash flow of $140.4M.
Questions
What was Trade Desk's revenue in the second quarter 2026?
Trade Desk (TTD) reported revenue of $715M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before.
Was Trade Desk profitable in the second quarter 2026?
Operating profit was $102M (14.2% of revenue) and net earnings $64.4M.
Source: Trade Desk 10-Q on SEC EDGAR.