What is the 13F Pro Quality Score for TTD?

13F Pro ranks Trade Desk, Inc. (TTD) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View TTD's current score at https://13fpro.ai/company/TTD (free sign-up required for the full ranking).

Which hedge funds own the most TTD stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of TTD include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/TTD as soon as new 13F filings post.

Where does 13F Pro source TTD data?

All Trade Desk, Inc. fundamentals and ownership data come directly from SEC EDGAR. Trade Desk, Inc. files with the SEC under CIK 1671933. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is TTD in?

Trade Desk, Inc. (TTD) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives TTD's revenue?

Per Trade Desk, Inc.'s latest 10-Q filed with the SEC on 2026-08-06, the biggest revenue drivers are: United States (83% of revenue, vs 86% in Q2 FY2025); International (17% of revenue, vs 14% in Q2 FY2025). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/TTD.

What are TTD's largest expenses?

Trade Desk, Inc.'s latest 10-Q reports these as the largest expense items: Platform operations ($184.3M, +22% YoY); Sales and marketing ($174.4M, +8% YoY); Technology and development ($140.7M, +5% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is TTD research updated on 13F Pro?

TTD's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Trade Desk, Inc.(TTD)Stock Analysis

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13F Pro Quality Score

72.4/100

Rank #156 of 2,960 stocksTOP 10%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

81.1/100

Profitability

67.3/100

Balance Sheet

77.0/100

Earnings Quality

77.6/100

Free Cash Flow

82.7/100

Institutional Flow

57.9/100

Revenue Scale

69.7/100

Dilution Risk

10.7/100

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Why TTD Scores 72/100

exact factor attribution · 2026-09-10

TTD's composite is driven by revenue growth and free cash flow, held back by shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+6.2 pts

81th pct

Free cash flow

+4.9 pts

83th pct

Scale

+3.0 pts

70th pct

Earnings quality

+2.8 pts

78th pct

Capital efficiency

+2.7 pts

77th pct

Profitability

+2.6 pts

67th pct

Earnings growth

+1.8 pts

87th pct

Institutional flow

+0.4 pts

58th pct

Shareholder dilution

-2.0 pts

11th pct

Latest change (2026-08-08): 72 → 69 · ↓ Revenue growth 83→62; ↓ Earnings growth 87→62; despite ↑ Capital efficiency 69→78

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

TTD Stock Analysis & AI Quality Score

Data updated 2026-09-10

AI stock analysis and institutional research for Trade Desk, Inc. (TTD), a Technology sector company. 13F Pro's AI-powered ranking engine scores TTD at 72.4/100 on a 32-signal composite quality model, placing it at rank #156 of 2,960 stocks — the top 10% of the AI-ranked universe. TTD scores in the top quartile across free cash flow (82.7), revenue growth (81.1), earnings quality (77.6). Shareholder dilution risk is elevated at 10.7/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Trade Desk, Inc. reports quarterly revenue of $715.1M, net income of $64.4M, an operating margin of 14.2%. Top institutional holders of TTD by reported 13-F value include BlackRock, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. TTD trades on the Nasdaq exchange and files with the SEC under CIK 1671933. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TTD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Trade Desk, Inc. directly from SEC EDGAR. Trade Desk, Inc.'s 13F Pro composite quality score has ranged between 55 and 80 since 2021, currently 72.4 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about Trade Desk, Inc.

Quirks, history, and lore behind TTD — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. technology company · mid-cap · listed on Nasdaq · headquartered in Southern California.
2
The Numbers
Annual revenue around $2 billion with a reputation for eye-popping growth rates — and a stock that has swung from penny-stock lows to Wall Street darling in under a decade.
3
The History
Founded in 2009 by a pair of veterans from digital advertising, the company was built on the conviction that buyers of ads — not sellers — deserved a smarter platform.
4
The Secret
It sits entirely on the buy side of programmatic advertising, running a demand-side platform that helps agencies and brands bid on ad inventory across the open internet in real time.
5
The Lore
CEO Jeff Green co-founded the company after selling his previous ad-tech startup to Microsoft, and has become one of the loudest voices arguing that open internet advertising can beat the walled gardens of Google and Meta.
6
The Giveaway
Its ticker is three letters that literally describe what it does — buying and selling ad space — and its platform processes trillions of ad impressions a year from a headquarters most people associate with surfboards, not software.

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What's Driving TTD's Business? Latest 10-Q Breakdown

✓ 25/25 datapoints verified

AI-extracted from Trade Desk, Inc.'s 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue grew just 3% YoY to $715.1M as gross spend from existing clients declined, while net income fell 29% YoY to $64.4M on rising operating expenses.

Biggest Revenue Drivers

United States83% of revenuevs 86% in Q2 FY2025

Revenue by principal geographic area based on the address of clients or client affiliates

International17% of revenuevs 14% in Q2 FY2025

Share of revenue from international clients increased year over year

Biggest Revenue Drivers

Total revenue: $715.1M+3% YoY

United States83% of revenuevs 86% in Q2 FY2025

Revenue by principal geographic area based on the address of clients or client affiliates

International17% of revenuevs 14% in Q2 FY2025

Share of revenue from international clients increased year over year

Largest Expense Items

Platform operations$184.3M+22% YoY

Increases of $18M in supplier-provided components costs, $8M in hosting costs and $3M in personnel costs

Sales and marketing$174.4M+8% YoY

Increases of $11M in personnel costs (incentive comp, headcount) and $3M in marketing costs

Technology and development$140.7M+5% YoY

Increases of $4M in personnel costs and $2M in third-party costs from increased use of AI software tools

General and administrative$114.0M-13% YoY

$20M decrease in stock-based compensation as CEO Performance Option expense was fully recognized, partially offset by higher personnel costs

Margins: Operating margin compressed to 14% of revenue from 17% a year ago as total operating expenses rose to 86% of revenue (from 83%), led by higher platform operations costs (hosting, supplier components) and sales & marketing spend outpacing revenue growth.

Watch Items from the Filing

If individual agency relationships were aggregated at the holding company level, two holding companies each represented more than 10% of gross billings for 2025.
Consolidated securities class action (alleging false/misleading statements, Nov 2023–Aug 2025 class period) survived a motion to dismiss on March 17, 2026, with trial set for May 16, 2028.
Revenue increase was primarily driven by new clients, partially offset by a decrease in gross spend from existing clients, a deceleration versus historical growth.
Google is described as one of the company's largest advertising inventory suppliers while also being a direct competitor, creating dependency and conflict-of-interest risk.
Company entered a new $750M Revolving Facility (April 2026, extendable to $1.5B) with $745M available and undrawn as of June 30, 2026, extending liquidity runway to 2031.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$715.1M

Net Income

Q2 2026

$64.4M

Free Cash Flow

Q2 2026

$140.4M

Operating Margin

Q2 2026

14.2%

ROIC

Q2 2026

15.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+18.5% YoY

$2.90BFY 2025

FY22 $1.58BFY23 $1.95BFY24 $2.44BFY25 $2.90B

Net Income

+12.8% YoY

$443.3MFY 2025

FY22 $53.4MFY23 $178.9MFY24 $393.1MFY25 $443.3M

Operating Income

+38.0% YoY

$589.3MFY 2025

FY22 $113.7MFY23 $200.5MFY24 $427.2MFY25 $589.3M

EPS (Diluted)

+15.4% YoY

$0.90FY 2025

FY22 $0.11FY23 $0.36FY24 $0.78FY25 $0.90

Total Assets

+0.7% YoY

$6.15BFY 2025

FY22 $4.38BFY23 $4.89BFY24 $6.11BFY25 $6.15B

Op. Cash Flow

+34.3% YoY

$992.7MFY 2025

FY22 $548.7MFY23 $598.3MFY24 $739.5MFY25 $992.7M

Free Cash Flow

+24.1% YoY

$795.7MFY 2025

FY22 $464.6MFY23 $551.5MFY24 $641.2MFY25 $795.7M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$2.90B +18.5%	$2.44B +25.6%	$1.95B +23.3%	$1.58B +31.9%	$1.20B +43.1%	$836.0M
Net Income	$443.3M +12.8%	$393.1M +119.7%	$178.9M +235.2%	$53.4M -61.2%	$137.8M -43.1%	$242.3M
Operating Income	$589.3M +38.0%	$427.2M +113.1%	$200.5M +76.4%	$113.7M -8.9%	$124.8M -13.4%	$144.2M
EPS (Diluted)	$0.90 +15.4%	$0.78 +116.7%	$0.36 +227.3%	$0.11 -60.7%	$0.28 +471.4%	$0.05
Total Assets	$6.15B +0.7%	$6.11B +25.0%	$4.89B +11.6%	$4.38B +22.5%	$3.58B +29.9%	$2.75B
Operating Cash Flow	$992.7M +34.3%	$739.5M +23.6%	$598.3M +9.0%	$548.7M +45.0%	$378.5M -6.6%	$405.1M
Free Cash Flow	$795.7M +24.1%	$641.2M +16.3%	$551.5M +18.7%	$464.6M +43.5%	$323.7M -2.2%	$331.0M

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Available Research

13F Pro tracks comprehensive data for Trade Desk, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of TTD

BlackRock, Inc.
$590.6M32,668,268 sh
STATE STREET CORP
$565.6M31,285,823 sh
VANGUARD CAPITAL MANAGEMENT LLC
$504.4M27,899,665 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$350.4M19,380,271 sh
TWO SIGMA INVESTMENTS, LP
$308.3M17,050,857 sh
GEODE CAPITAL MANAGEMENT, LLC
$291.5M16,134,883 sh
Invesco Ltd.
$248.8M13,759,436 sh
GOLDMAN SACHS GROUP INC
$243.5M13,467,553 sh
Alyeska Investment Group, L.P.
$201.0M11,119,709 sh
FEDERATED HERMES, INC.
$196.7M10,877,783 sh

Fund	Value	Shares
BlackRock, Inc.	$590.6M	32,668,268
STATE STREET CORP	$565.6M	31,285,823
VANGUARD CAPITAL MANAGEMENT LLC	$504.4M	27,899,665
VANGUARD PORTFOLIO MANAGEMENT LLC	$350.4M	19,380,271
TWO SIGMA INVESTMENTS, LP	$308.3M	17,050,857
GEODE CAPITAL MANAGEMENT, LLC	$291.5M	16,134,883
Invesco Ltd.	$248.8M	13,759,436
GOLDMAN SACHS GROUP INC	$243.5M	13,467,553
Alyeska Investment Group, L.P.	$201.0M	11,119,709
FEDERATED HERMES, INC.	$196.7M	10,877,783

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Is TTD a good stock to buy?

13F Pro's AI-powered analysis of Trade Desk, Inc. (TTD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TTD are available on the TTD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. TTD is classified as a mid company.

Which hedge funds own TTD?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TTD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Trade Desk, Inc.'s investment landscape.