Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.
Paying user area
Try for free
Trade Desk Inc. pages available for free this week:
- Income Statement
- Statement of Comprehensive Income
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Dividend Discount Model (DDM)
- Return on Equity (ROE) since 2016
- Return on Assets (ROA) since 2016
- Debt to Equity since 2016
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Trade Desk Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Trade Desk Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
US$ in thousands
Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Current Liabilities
- The current liabilities demonstrated a notable increasing trend from March 31, 2020, through December 31, 2025. The value rose from approximately $734 million to nearly $2.95 billion. This growth is largely driven by increases in accounts payable and accrued expenses and other current liabilities. Accounts payable showed significant volatility but generally trended upward, particularly accelerating after March 31, 2021. Accrued expenses and other current liabilities fluctuated more moderately but still increased overall.
- Non-Current Liabilities
- Non-current liabilities revealed a generally stable to slightly increasing pattern between March 2020 and June 2025, moving from around $359 million to over $312 million. Operating lease liabilities, non-current, showed a gradual decline until mid-2023, followed by a rising trend thereafter. Other non-current liabilities remained mostly stable with some increases noted in the later periods. The net debt value was reported only in early 2020, declining sharply and then not reported in later periods.
- Total Liabilities
- Total liabilities exhibited robust growth over the entire period, expanding from approximately $1.09 billion in early 2020 to over $3.26 billion by mid-2025. This increase corresponds with the rise in both current and non-current liabilities, with the current liabilities contributing the most significant portion of the growth.
- Stockholders’ Equity
- Stockholders’ equity increased steadily from March 31, 2020, with a starting point of about $674 million and peaking near $2.95 billion by March 31, 2025. However, there were fluctuations in retained earnings within this period, notably a decline towards the end of 2023 into 2024, even becoming negative by June 30, 2025. This suggests some internal challenges or losses affecting equity components, despite the overall upward trend in equity driven mainly by increases in additional paid-in capital.
- Additional Paid-in Capital
- This account consistently grew throughout the timeframe, from $418 million in the first quarter of 2020 to approximately $2.86 billion by mid-2025. It reflects considerable capital inflows or equity issuances, substantially reinforcing the equity base of the company.
- Retained Earnings
- Retained earnings showed an initial positive growth reaching a high of over $665 million by December 31, 2022, followed by a marked decline, turning negative by mid-2025. This negative retained earnings position indicates accumulated losses or significant distributions that have reduced retained earnings substantially in recent quarters.
- Lease Liabilities
- Current operating lease liabilities rose steadily, increasing from around $22.5 million in early 2020 to about $72.4 million by mid-2025. In contrast, non-current operating lease liabilities decreased until mid-2023 before rising again towards 2025. Overall, lease obligations show a dynamic pattern with an upward trajectory especially in the current portion, suggesting growing short-term lease commitments.
- Overall Financial Position
- The total of liabilities and stockholders' equity increased notably from about $1.77 billion in March 2020 to over $5.95 billion by June 2025. This reflects substantial growth in the scale of operations and financing activities. The increase in both liabilities and equity suggests an expansion phase supported by both debt and equity financing. However, the decline in retained earnings and recent negative figures point to challenges affecting profitability or capital management during the later stages.