For the quarter ending 2025-09-30, TTD had -$243,253K decrease in cash & cash equivalents over the period. $158,350K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 115,547 | 90,129 | 50,678 | 182,229 |
| Depreciation and amortization | 33,135 | 26,704 | 23,985 | 24,112 |
| Stock-based compensation | 121,316 | 128,885 | 128,253 | 129,229 |
| Deferred income taxes | 118,163 | - | - | -76,903 |
| Noncash lease expense | 16,981 | 17,291 | 16,962 | 15,881 |
| Provision for expected credit losses on accounts receivable | 321 | 685 | 492 | 16 |
| Other | -58 | 2,023 | 11,876 | -4,020 |
| Accounts receivable | 229,086 | 202,303 | -282,336 | 348,516 |
| Prepaid expenses and other current and non-current assets | 73,293 | 38,299 | -20,018 | -29,707 |
| Accounts payable | 140,220 | 214,827 | -234,666 | 211,744 |
| Accrued expenses and other current and non-current liabilities | -2,717 | -53,186 | 29,105 | 37,718 |
| Operating lease liabilities | -15,959 | -17,697 | -13,854 | -9,836 |
| Net cash provided by operating activities | 224,686 | 165,013 | 291,433 | 199,401 |
| Purchases of investments | 248,376 | 346,254 | 231,580 | 192,943 |
| Sales of investments | - | - | - | 0 |
| Maturities of investments | 251,293 | 181,006 | 165,114 | 154,066 |
| Purchases of property and equipment | 66,336 | 45,239 | 59,113 | 20,190 |
| Capitalized software development costs | 3,354 | 3,079 | 2,660 | 2,116 |
| Business acquisition | 0 | 0 | 4,350 | - |
| Net cash used in investing activities | -66,773 | -213,566 | -132,589 | -61,183 |
| Repurchases of class a common stock | 310,447 | 260,843 | 386,250 | 57,356 |
| Proceeds from exercise of stock options | 6,202 | 6,145 | 7,940 | 88,591 |
| Proceeds from employee stock purchase plan | -4 | 32,450 | - | 19,867 |
| Taxes paid relating to net settlement of restricted stock awards | 22,678 | 25,596 | 31,452 | 41,332 |
| Proceeds from short-term borrowings | - | 74,239 | - | - |
| Net cash used in financing activities | -401,166 | -173,605 | -409,762 | 9,770 |
| Increase (decrease) in cash and cash equivalents | -243,253 | -222,158 | -250,918 | 147,988 |
| Cash and cash equivalents at beginning of period | 896,387 | 1,118,545 | 1,369,463 | 1,221,475 |
| Cash and cash equivalents at end of period | 653,134 | 896,387 | 1,118,545 | 1,369,463 |
Trade Desk, Inc. (TTD)
Trade Desk, Inc. (TTD)