The Trade Desk (The Trade Desk) Gross Profit : $1,581 Mil (TTM As of Dec. 2023)

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What is The Trade Desk Gross Profit?

The Trade Desk's gross profit for the three months ended in Dec. 2023 was $505 Mil. The Trade Desk's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,581 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Trade Desk's gross profit for the three months ended in Dec. 2023 was $505 Mil. The Trade Desk's Revenue for the three months ended in Dec. 2023 was $606 Mil. Therefore, The Trade Desk's Gross Margin % for the quarter that ended in Dec. 2023 was 83.38%.

The Trade Desk had a gross margin of 83.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of The Trade Desk was 82.18%. The lowest was 71.81%. And the median was 79.22%.

The Trade Desk Gross Profit Historical Data

The historical data trend for The Trade Desk's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Trade Desk Gross Profit Chart

The Trade Desk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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504.88

657.22

974.91

1,296.67

1,580.52

The Trade Desk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															411.12	297.94	377.60	399.88	505.10

Competitive Comparison of The Trade Desk's Gross Profit

For the Software - Application subindustry, The Trade Desk's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Trade Desk's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, The Trade Desk's Gross Profit distribution charts can be found below:

* The bar in red indicates where The Trade Desk's Gross Profit falls into.

The Trade Desk Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The Trade Desk's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1946.12	-	365.598
	=	1,581

The Trade Desk's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	605.797	-	100.695
	=	505

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,581 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The Trade Desk's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	505	/	605.797
	=	83.38 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

The Trade Desk (NAS:TTD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The Trade Desk had a gross margin of 83.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The Trade Desk Gross Profit Related Terms

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The Trade Desk (The Trade Desk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (NAS:TTD) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

TTD:Mexico TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

Executives

Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay R Grant	officer: Chief Legal Officer	225 E. 79TH STREET, APT 12E, NEW YORK NY 10075
Laura Schenkein	officer: Chief Financial Officer	C/O THE TRADE DESK, INC., 42 NORTH CHESTNUT STREET, VENTURA CA 93001
Jeffrey Terry Green	director, 10 percent owner, officer: President and CEO	42 N. CHESTNUT STREET, VENTURA CA 93001
Andrea Lee Cunningham	director	C/O TRADE DESK, INC., 42 N. CHESTNUT STREET, VENTURA CA 93001
David B Wells	director	C/O NETFLIX, INC., 100 WINCHESTER CIRCLE, LOS GATOS CA 95130
Lise J Buyer	director	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
David Randall Pickles	officer: Chief Technology Officer	42 N. CHESTNUT STREET, VENTURA CA 93001
Blake Jeffrey Grayson	officer: Chief Financial Officer	2212 EVERETT AVENUE E, SEATTLE WA 98102
Eric B Paley	director, 10 percent owner	C/O THE TRADE DESK, INC., 42 N. CHESTNUT ST., VENTURA CA 93001
Kathryn E Falberg	director	C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018
Susan Vobejda	officer: Chief Marketing Officer	130 EAST RANDOLPH STREET, 7TH FLOOR, CHICAGO IL 60601
Michelle Hulst	officer: Chief Operating Officer	130 MERCHANT STREET, HONOLULU HI 96813
Brian John Stempeck	officer: Chief Client Officer	42 N. CHESTNUT STREET, VENTURA CA 93001
Vivian Yang	officer: Chief Legal Officer	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612