TTD: the balance sheet

MyFinsight

For the year ending 2025-12-31, TTD has $6,153,220K in assets. $3,668,829K in debts. $658,175K in cash and cash equivalents.

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	658,175	1,369,463	895,129	1,030,506
Short-term investments, net	644,882	552,026	485,159	416,080
Accounts receivable, net of allowance for credit losses of 12,199 and 11,244 as of december31, 2025 and 2024, respectively	3,770,194	3,330,343	2,870,313	2,347,195
Prepaid expenses and other current assets	187,753	84,626	63,353	51,836
Total current assets	5,261,004	5,336,458	4,313,954	3,845,617
Property and equipment, net	396,819	209,332	161,422	173,759
Operating lease assets	342,042	263,761	197,732	220,396
Deferred income taxes	55,700	230,214	154,849	94,028
Other assets, non-current	97,655	72,186	60,730	46,879
Total assets	6,153,220	6,111,951	4,888,687	4,380,679

Accounts payable	3,007,651	2,631,213	2,317,318	1,871,419
Accrued expenses and other current liabilities	181,991	177,760	137,996	105,474
Operating lease liabilities	76,355	64,492	55,524	52,430
Total current liabilities	3,265,997	2,873,465	2,510,838	2,029,323
Other liabilities, non-current	42,857	41,618	33,261	27,490
Operating lease liabilities, non-current	359,975	247,723	180,369	208,527
Total liabilities	3,668,829	3,162,806	2,724,468	2,265,340
Additional paid-in capital	3,075,303	2,594,896	1,967,265	1,449,825
Retained earnings (accumulated deficit)	-590,912	354,249	196,954	665,514
Total stockholders equity	2,484,391	2,949,145	2,164,219	2,115,339
Total liabilities and stockholders equity	6,153,220	6,111,951	4,888,687	4,380,679

Unit: Thousand (K) dollars (except for numbers of shares and EPS).