TTD · 8-K · 20260806PR000085

Operating Expense Trends

Trade Desk, Inc. · 2026-08-06 · Importance 57 · Surprise 38 · In source text

Second-quarter platform operations expense increased 22% year over year to $184.3 million from $151.0 million, exceeding the 10% materiality threshold. General and administrative expense decreased 13% to $114.0 million from $130.9 million, primarily reflecting the absence of a $19 million long-term CEO performance-grant stock-based compensation charge recorded in the 2025 quarter. Technology and development expense increased to $140.7 million from $134.3 million, while sales and marketing expense increased to $174.4 million from $161.1 million.

Key facts

• Total operating expenses for the three months ended June 30, 2026: $613,480,000. source
• Platform operations expense for the three months ended June 30, 2026: $184,333,000. source
• Sales and marketing expense for the three months ended June 30, 2026: $174,404,000. source
• Technology and development expense for the three months ended June 30, 2026: $140,742,000. source
• General and administrative expense for the three months ended June 30, 2026: $114,001,000. source
• Total stock-based compensation expense for the three months ended June 30, 2026: $109,556,000. source
• Stock-based compensation expense for the six months ended June 30, 2026: $218,602,000. source
• Depreciation and amortization expense for the six months ended June 30, 2026: $61,571,000. source

Impact estimates