Company / Cost of Revenue
Trade Desk (The) Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$619.1M
FY2025
5-year range
$156.2M / $619.1M
FY2021-FY2025
Trend
+31.2%
vs FY2024
Sector context
#19 of 30
Communication Services
What the data says
At $619M, Trade Desk (The)'s cost of revenue ranks #12 of 30 in the Communication Services sector. Cost of Revenue has increased for 7 consecutive years, from $40M in FY2018 to $619M in FY2025.
Based on SEC 10-K filings.
$619M in FY2025 with a 5-year CAGR of +40.2%.
Increased from $366M to $619M over the past 2 years.
Communication Services sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +51.3%
- 5-Year CAGR
- +40.2%
- 10-Year CAGR
- -
Sector benchmark
#12 of 30 in Communication ServicesTop 37% of 30This company $619.1M Sector average $8.9B
▼
-93.1% below sector average
Key checks
Key Insights
- Trade Desk (The)'s cost of revenue has grown for 7 consecutive years.
- 5-year CAGR of +40.2%, indicating consistent growth.
- In FY2025, cost of revenue increased 31.2% year-over-year.
- Ranks #19 out of 30 companies in the Communication Services sector.
Company context
Key Data Points
- Altman Z-Score 1.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $619.1M | +31.2% |
| FY2024 | $472.0M | +29.1% |
| FY2023 | $365.6M | +104.5% |
| FY2022 | $178.8M | +14.5% |
| FY2021 | $156.2M | +36.9% |
| FY2020 | $114.1M | +72.3% |
| FY2019 | $66.2M | +66.1% |
| FY2018 | $39.9M | -39.8% |
| FY2017 | $66.2M | +66.1% |
| FY2016 | $39.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026