← Trade Desk, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $20.5m | $50.8m | $88.1m | $108.3m | $242.3m | $137.8m | $53.4m | $178.9m | $393.1m | $443.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($26.7m) | $50.8m | $88.1m | $108.3m | $242.3m | $137.8m | $53.4m | $178.9m | $393.1m | $443.3m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $88.1m | $108.3m | $242.3m | $137.8m | $53.4m | $178.9m | $393.1m | $443.3m | |
| Depreciation, Depletion and Amortization | $3.8m | $7.2m | $11.8m | $21.7m | $28.6m | $42.2m | $54.4m | $80.4m | $87.5m | $115.8m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | $7.0m | $14.0m | $16.0m | $15.0m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | ($18.1m) | ($25.8m) | ($60.8m) | ($75.4m) | $172.7m | |
| Share-based Payment Arrangement, Noncash Expense | $5.1m | $21.3m | $42.2m | $80.8m | $111.8m | $337.4m | $498.6m | $491.6m | $494.7m | $490.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.0m | $6.7m | $19.3m | $53.1m | $56.9m | $48.6m | $78.5m | $139.1m | $97.7m | |
| Share-based Payment Arrangement, Expense | $5.1m | $21.3m | $42.2m | $80.8m | $111.8m | $337.4m | $498.6m | $491.6m | $494.7m | $490.6m | |
| Income Tax Expense (Benefit) | $23.4m | $12.8m | $17.6m | $7.9m | ($98.4m) | ($15.7m) | $74.0m | $89.1m | $114.2m | $215.5m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.5m | $1.8m | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $187.7m | $224.6m | $239.9m | $331.4m | $418.1m | $444.3m | $291.7m | $554.0m | $474.2m | $432.7m | |
| Increase (Decrease) in Accounts Payable | $209.5m | $171.8m | $177.7m | $191.8m | $481.3m | $309.4m | $187.1m | $475.5m | $298.9m | $291.1m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | ($1.9m) | $4.3m | $2.1m | $2.7m | $3.1m | $1.5m | $3.2m | $3.0m | $853k | $1.5m | |
| Proceeds from Stock Options Exercised | $488k | $2.6m | $10.0m | $29.9m | $76.1m | $61.5m | $47.5m | $60.5m | $216.3m | $23.8m | |
| Purchases of property and equipment, accrued but unpaid | $6.9m | $10.1m | $19.8m | $35.7m | $74.1m | $54.8m | $84.2m | $46.8m | $98.2m | $197.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.2m) | ($3.9m) | ($1.9m) | ($695k) | ($961k) | ($1.8m) | $961k | ($993k) | $1.3m | $717k | |
| General and Administrative Expense | $32.2m | $58.4m | $84.9m | $143.0m | $171.6m | $374.7m | $525.2m | $520.3m | $535.8m | $518.5m | |
| Nonoperating Income (Expense) | ($13.7m) | ($5.7m) | ($1.6m) | $4.0m | ($305k) | ($2.8m) | $13.7m | $67.5m | $80.1m | $69.4m | |
| Net Cash Provided by (Used in) Operating Activities | $75.0m | $31.2m | $86.6m | $60.2m | $405.1m | $378.5m | $548.7m | $598.3m | $739.5m | $992.7m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.9m | $10.1m | $19.8m | $35.7m | $74.1m | $54.8m | $84.2m | $46.8m | $98.2m | $197.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $4.3m | |
| Payments to Acquire Investments | — | — | — | $212.8m | $230.8m | $278.4m | $553.3m | $608.4m | $679.5m | $954.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($9.2m) | ($16.1m) | ($25.2m) | ($163.8m) | ($143.3m) | ($93.6m) | ($304.4m) | ($107.6m) | ($157.5m) | ($292.6m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $646.6m | $234.8m | $1.4b | |
| Net Cash Provided by (Used in) Financing Activities | $63.5m | $7.4m | ($10.1m) | $27.3m | $44.7m | $31.9m | $32.0m | ($626.1m) | ($107.6m) | ($1.4b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $129.4m | $22.6m | $51.3m | ($76.4m) | $306.5m | $316.8m | $276.4m | ($135.4m) | $474.3m | ($711.3m) | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | $1.4b | $1.4b | $1.9b | $1.3b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.7m | $1.3m | $817k | $412k | $1.6m | $518k | $995k | $967k | $986k | $993k | |
| Income Taxes Paid, Net | $16.7m | $19.2m | $17.3m | $19.7m | $5.0m | $3.6m | $4.2m | $151.9m | $158.6m | $150.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.