Trade Desk, Inc.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

TTD$15.42+3.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Stockholders’ Equity

(In thousands)

Class A and BCommon Stock (1) · Additional Paid-InCapital · RetainedEarnings (Accumulated Deficit) · TotalStockholders’Equity
Shares · Amount
Balance as of December 31, 2022	490,468	$—	$1,449,825	$665,514	$2,115,339
Exercise of common stock options	5,232	—	60,525	—	60,525
Issuance of common stock under employee stock purchase plan	886	—	38,482	—	38,482
Issuance of restricted stock, net of forfeitures and shares withheld for taxes	2,450	—	(78,516)	—	(78,516)
Repurchases of Class A common stock	(10,120)	—	—	(647,500)	(647,500)
Stock-based compensation	—	—	496,949	—	496,949
Net income	—	—	—	178,940	178,940
Balance as of December 31, 2023	488,916	—	1,967,265	196,954	2,164,219
Exercise of common stock options	5,768	—	218,410	—	218,410
Issuance of common stock under employee stock purchase plan	1,118	—	47,994	—	47,994
Issuance of restricted stock, net of forfeitures and shares withheld for taxes	2,804	—	(139,095)	—	(139,095)
Repurchases of Class A common stock	(2,505)	—	—	(235,781)	(235,781)
Stock-based compensation	—	—	500,322	—	500,322
Net income	—	—	—	393,076	393,076
Balance as of December 31, 2024	496,101	—	2,594,896	354,249	2,949,145
Exercise of common stock options	1,501	—	24,413	—	24,413
Issuance of common stock under employee stock purchase plan	919	—	44,966	—	44,966
Issuance of restricted stock, net of forfeitures and shares withheld for taxes	3,494	—	(97,654)	—	(97,654)
Issuance of common stock relating to business acquisition	127	—	10,299	—	10,299
Repurchases of Class A common stock	(26,219)	—	—	(1,388,465)	(1,388,465)
Stock-based compensation	—	—	498,383	—	498,383
Net income	—	—	—	443,304	443,304
Balance as of December 31, 2025	475,923	$—	$3,075,303	$(590,912)	$2,484,391

(1)	Refer to Note 9—Capitalization for discussion of the Company’s two classes of common stock.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.