Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. The Trade Desk's shares outstanding for the quarter that ended in Mar. 2026 was 470 Mil.
The Trade Desk's quarterly shares outstanding
declined
from Dec. 2025 (476 Mil) to Mar. 2026 (470 Mil).
It means The Trade Deskbought back shares from Dec. 2025 to Mar. 2026 .
The Trade Desk's annual shares outstanding
declined
from Dec. 2024 (496 Mil) to Dec. 2025 (476 Mil).
It means The Trade Deskbought back shares from Dec. 2024 to Dec. 2025 .
The Trade Desk (CHIX:TT8d) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
The Trade Desk Shares Outstanding (EOP) Related Terms
The Trade Desk Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for The Trade Desk's Shares Outstanding (EOP) 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.
CHIX:TT8D vs MGNI, STGW, ZD: Shares Outstanding (EOP) Comparison
For the Advertising Agencies subindustry, The Trade Desk's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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 Shares Outstanding (EOP) vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Trade Desk's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where The Trade Desk's Shares Outstanding (EOP) falls into.
The Trade Desk Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 470 Mil mean?
The Trade Desk (CHIX:TT8D) has a Shares Outstanding (EOP) of 470 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on The Trade Desk and its competitors.
Is The Trade Desk's Shares Outstanding (EOP) too high?
The Trade Desk's current Shares Outstanding (EOP) is 470 Mil. Overall, The Trade Desk has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Trade Desk's Shares Outstanding (EOP) compare to MGNI and STGW?
The Trade Desk's Shares Outstanding (EOP) of 470 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Media - Diversified company?
A good Shares Outstanding (EOP) depends on the Media - Diversified industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on The Trade Desk and its competitors. The Trade Desk's current Shares Outstanding (EOP) is 470 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Trade Desk stock overvalued right now?
Based on GuruFocus' analysis, The Trade Desk (CHIX:TT8D) is currently considered Significantly Undervalued. The stock's GF Value™ is €123.28, compared to a current price of €17.71 — trading 85.6% below its estimated fair value. The current Shares Outstanding (EOP) is 470 Mil. The Trade Desk's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For The Trade Desk (CHIX:TT8D), the current Shares Outstanding (EOP) is 470 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Trade Desk (CHIX:TT8D) Overvalued in 2026?
Based on GuruFocus' analysis, The Trade Desk stock appears to be undervalued.
The current stock price of €17.71 is trading 85.6% below its estimated GF Value™ of €123.28.
GuruFocus considers The Trade Desk to be Significantly Undervalued.
Key valuation signals for CHIX:TT8D:
Shares Outstanding (EOP): 470 Mil
GF Value™: €123.28 vs. price of €17.71 (85.6% below fair value)
No single metric tells the full story. See the CHIX:TT8D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
71GF Score
Get the complete analysis for CHIX:TT8D
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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