Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 647M | 7.4% |
| Gross Profit | 245M | 10% |
| Cost of Revenue | 402M | 5.8% |
| Operating expense | 397M | 4.6% |
| Net Income | 94M | 10.7% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 5.51B | 6.7% |
| Total Liabilities | 2.88B | 4.5% |
| Total Equity | 2.63B | 9.2% |
| Shares Outstanding | 492M | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 273M | 236.4% |
| Cash from investing | -59M | 269.6% |
| Cash from financing | -2M | 107.8% |
EPS
Financial Highlights for Trade Desk in Q3 '24
Trade Desk reported a revenue of 647M, which is a 7.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 245M, marking a 10% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 402M, a 5.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 397M, showing a 4.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 94M, showing a 10.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Trade Desk with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
