Company / Working Capital
Trade Desk (The) Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.0B
FY2025
5-year range
$1.3B / $2.5B
FY2021-FY2025
Trend
-19.0%
vs FY2024
Sector context
#11 of 77
Communication Services
What the data says
Trade Desk (The)'s working capital of $2.0B is higher than 86% of companies in the Communication Services sector (FY2025). Working Capital has fluctuated over the past 10 years, ranging from $172M in FY2016 to $2.5B in FY2024.
Based on SEC 10-K filings.
$2.0B in FY2025 with a 5-year CAGR of +19.0%. Top quartile in the Communication Services sector.
Improved from $1.8B to $2.0B over the past 2 years.
Communication Services sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +3.2%
- 5-Year CAGR
- +19.0%
- 10-Year CAGR
- -
Sector benchmark
-4.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +19.0%, indicating consistent growth.
- In FY2025, working capital decreased 19.0% year-over-year.
- Ranks #11 out of 77 companies in the Communication Services sector.
- Peak working capital was recorded in FY2024.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.0B | -19.0% |
| FY2024 | $2.5B | +36.6% |
| FY2023 | $1.8B | -0.7% |
| FY2022 | $1.8B | +41.0% |
| FY2021 | $1.3B | +54.2% |
| FY2020 | $835.6M | +61.1% |
| FY2019 | $518.8M | +51.5% |
| FY2018 | $342.5M | +38.5% |
| FY2017 | $247.3M | +43.5% |
| FY2016 | $172.3M | +112.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026