Quick Answer
Trade Desk, Inc. reported R&D Expense of $525.14 million for fiscal year 2025.
Trade Desk, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $525.14M | +13.3% |
| 2024 | $463.32M | +12.5% |
| 2023 | $411.79M | +28.7% |
| 2022 | $319.88M | +41.5% |
| 2021 | $226.14M | +35.7% |
| 2020 | $166.65M | +42.7% |
| 2019 | $116.75M | +39.2% |
| 2018 | $83.89M | +58.9% |
| 2017 | $52.81M | +93.3% |
| 2016 | $27.31M | +113.1% |
| 2015 | $12.82M | +76.8% |
| 2014 | $7.25M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $127.89M | +8.7% | -4.7% |
| June 30, 2025 | $134.25M | +22.0% | +1.4% |
| March 31, 2025 | $132.40M | +23.0% | +12.5% |
| September 30, 2024 | $117.70M | -0.1% | +7.0% |
| June 30, 2024 | $110.03M | +11.9% | +2.2% |
| March 31, 2024 | $107.69M | +14.9% | -8.6% |
| September 30, 2023 | $117.77M | +47.4% | +19.8% |
| June 30, 2023 | $98.31M | +17.8% | +4.9% |
- Trade Desk, Inc. showed an increase of +13.3% in R&D Expense compared to the prior fiscal year.
- Over the 2014–2025 period, Trade Desk, Inc.’s r&d expense has grown by 7143.3% (from $7.25 million to $525.14 million).
- The most recent figure is from Trade Desk, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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