Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Trade Desk Inc., consolidated statement of comprehensive income
US$ in thousands
Based on: 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), 10-K (reporting date: 2020-12-31).
- Net Income
- The net income exhibits significant fluctuations across the analyzed periods. Initially, there is a decrease from 242,317 thousand USD in 2020 to 137,762 thousand USD in 2021, representing a substantial decline. This downward trend continues more sharply into 2022, with net income dropping to 53,385 thousand USD, which is the lowest value in the observed timeframe.
- Following this low point, net income rebounds strongly to 178,940 thousand USD in 2023, indicating a recovery phase. This upward trajectory accelerates further into 2024, with net income reaching 393,076 thousand USD—the highest reported in the dataset. This suggests a robust improvement in profitability and operational performance in the most recent years.
- Comprehensive Income
- Comprehensive income mirrors the trend of net income precisely due to the absence of reported other comprehensive income (loss) values. Therefore, the patterns observed for net income directly reflect the changes in comprehensive income, confirming that net income is the sole contributor to total comprehensive income within this period.