Trade Desk

TTD · Communication Services · Market cap $8.6B

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 7, 2026

Revenue$0.69B +12% year over year

Gross profit$0.51B

Operating profit$0.07B

Net profit$0.04B 6% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	0.69	100%	+12%
Cost of revenue	−0.18	26%
Gross profit	0.51	74% margin	−3pp
Research & development	−0.14	21%	−1pp
Sales & marketing	−0.17	25%	+0pp
G&A	−0.13	18%	−3pp
Operating profit	0.07	10% margin	+1pp
Tax	−0.04
Net profit	0.04	6%	−2pp

Quarter by quarter

So far we hold one set of results. Another one arrives with the next filing.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	May 7, 2026	$0.7B	+12%	10%	$0.04B	6%