TRADE DESK, INC. (TTD) capitalization

Current snapshot

Market Cap
$10.48B
493.6M shares × $22.01
Net Worth
$2.48B
Stockholders' equity · 2025-12-31
Enterprise Value
$9.61B
Market cap + debt − cash
Net Debt
-$866.7M
Debt $436.3M − Cash $1.30B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $18.74B
FY'24 2024-12-31 $58.99B
FY'23 2023-12-31 $35.99B
FY'22 2022-12-31 $22.41B
FY'21 2021-12-31 $45.69B
FY'20 2020-12-31 $39.24B
FY'19 2019-12-31 $12.42B
FY'18 2018-12-31 $5.31B
FY'16 2016-12-31 $505.8M
FY'16 2016-06-30

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $18.74B
Q3'25 2025-09-30 $24.16B
Q2'25 2025-06-30 $35.69B
Q1'25 2025-03-31 $27.52B
Q4'24 2024-12-31 $58.99B
Q3'24 2024-09-30 $55.11B
Q2'24 2024-06-30 $48.84B
Q1'24 2024-03-31 $43.55B
Q4'23 2023-12-31 $35.99B
Q3'23 2023-09-30 $39.22B
Q2'23 2023-06-30 $38.56B
Q1'23 2023-03-31 $30.44B
Q4'22 2022-12-31 $22.41B
Q3'22 2022-09-30 $29.89B
Q2'22 2022-06-30 $20.37B
Q1'22 2022-03-31 $33.53B
Q4'21 2021-12-31 $45.69B
Q3'21 2021-09-30 $35.07B
Q2'21 2021-06-30 $38.45B
Q1'21 2021-03-31 $32.45B
Q4'20 2020-12-31 $39.24B
Q3'20 2020-09-30 $25.53B
Q2'20 2020-06-30 $19.78B
Q1'20 2020-03-31 $9.32B
Q4'19 2019-12-31 $12.42B
Q3'19 2019-09-30 $9.01B
Q2'19 2019-06-30 $10.89B
Q1'19 2019-03-31 $9.37B
Q4'18 2018-12-31 $5.31B
Q3'18 2018-09-30 $7.03B
Q2'18 2018-06-30 $4.24B
Q1'18 2018-03-31 $2.21B
Q2'17 2017-12-31 $2.01B
Q3'17 2017-09-30 $2.72B
Q2'17 2017-06-30 $2.20B
Q1'17 2017-03-31 $1.62B
Q4'16 2016-12-31 $505.8M
Q3'16 2016-09-30 $498.4M
Q4'16 2016-06-30
Q1'17 2016-03-31
Q3'16 2015-12-31
Q3'16 2015-09-30
Q3'16 2014-12-31

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (TTD CIK 0001671933), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.