Trade Desk Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
TTD$14.93+15.5%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $1,946,120 | $1,577,795 | $1,196,467 |
| Operating expenses: | |||
| Platform operations | 365,598 | 281,123 | 221,554 |
| Sales and marketing | 447,970 | 337,975 | 249,298 |
| Technology and development | 411,794 | 319,876 | 226,137 |
| General and administrative | 520,278 | 525,167 | 374,661 |
| Total operating expenses | 1,745,640 | 1,464,141 | 1,071,650 |
| Income from operations | 200,480 | 113,654 | 124,817 |
| Other expense (income): | |||
| Interest expense (income), net | (68,508) | (12,755) | 1,030 |
| Foreign currency exchange loss (gain), net | 993 | (961) | 1,751 |
| Total other expense (income), net | (67,515) | (13,716) | 2,781 |
| Income before income taxes | 267,995 | 127,370 | 122,036 |
| Provision for (benefit from) income taxes | 89,055 | 73,985 | (15,726) |
| Net income | $178,940 | $53,385 | $137,762 |
| Earnings per share: | |||
| Basic | $0.37 | $0.11 | $0.29 |
| Diluted | $0.36 | $0.11 | $0.28 |
| Weighted-average shares outstanding: | |||
| Basic | 489,261 | 486,937 | 476,851 |
| Diluted | 500,182 | 499,925 | 498,540 |
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