Trade Desk Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
TTD$14.93+15.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except par values)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,369,463 | $895,129 |
| Short-term investments, net | 552,026 | 485,159 |
| Accounts receivable, net of allowance for credit losses of $11,244 and $12,826 as of December 31, 2024 and 2023, respectively | 3,330,343 | 2,870,313 |
| Prepaid expenses and other current assets | 84,626 | 63,353 |
| TOTAL CURRENT ASSETS | 5,336,458 | 4,313,954 |
| Property and equipment, net | 209,332 | 161,422 |
| Operating lease assets | 263,761 | 197,732 |
| Deferred income taxes | 230,214 | 154,849 |
| Other assets, non-current | 72,186 | 60,730 |
| TOTAL ASSETS | $6,111,951 | $4,888,687 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES | ||
| Current liabilities: | ||
| Accounts payable | $2,631,213 | $2,317,318 |
| Accrued expenses and other current liabilities | 177,760 | 137,996 |
| Operating lease liabilities | 64,492 | 55,524 |
| TOTAL CURRENT LIABILITIES | 2,873,465 | 2,510,838 |
| Operating lease liabilities, non-current | 247,723 | 180,369 |
| Other liabilities, non-current | 41,618 | 33,261 |
| TOTAL LIABILITIES | 3,162,806 | 2,724,468 |
| Commitments and contingencies (Note 13) | — | — |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, par value $0.000001Class A, 1,000,000 shares authorized; 452,182 and 444,997 shares issued and outstanding as of December 31, 2024 and 2023, respectivelyClass B, 95,000 shares authorized; 43,919 and 43,919 shares issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 2,594,896 | 1,967,265 |
| Retained earnings | 354,249 | 196,954 |
| TOTAL STOCKHOLDERS’ EQUITY | 2,949,145 | 2,164,219 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $6,111,951 | $4,888,687 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.