Analysis of Revenues
Revenues as Reported
Trade Desk Inc., income statement, revenues
US$ in thousands
| 12 months ended: | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,896,284) | 2,444,831) | 1,946,120) | 1,577,795) | 1,196,467) |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
Revenue demonstrates a consistent upward trajectory over the five-year period. The progression indicates strong growth, with accelerating increases observed in later years.
- Overall Growth
- Revenue increased from US$1,196,467 thousand in 2021 to US$2,896,284 thousand in 2025. This represents a cumulative growth of 142.2% over the five-year span.
- Year-over-Year Growth Rates
- The year-over-year growth rate in 2022 was 31.8%, calculated from the increase between 2021 and 2022. This growth rate slowed slightly to 23.4% between 2022 and 2023. However, growth accelerated again, reaching 25.9% between 2023 and 2024, and 18.4% between 2024 and 2025.
- Acceleration of Growth
- While growth was substantial throughout the period, the absolute increase in revenue grew from US$381,328 thousand between 2021 and 2022 to US$548,614 thousand between 2024 and 2025. This suggests an increasing capacity to generate revenue.
The consistent revenue increases suggest a positive market reception and effective business strategies. The acceleration in both growth rate and absolute revenue increase in the later years is a particularly favorable indicator.
AI Ask an analyst for more