Trade desk, inc. (TTD)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15
Revenue

160,660

215,944

164,203

159,924

120,987

160,468

118,825

112,333

85,668

102,648

79,413

72,804

53,352

72,410

52,956

47,182

30,378

28,768

Operating expenses:
Platform operations

40,208

47,267

39,932

35,330

33,651

35,256

29,344

26,601

22,897

21,133

17,397

15,151

12,549

13,259

10,422

8,682

7,513

5,968

Sales and marketing

34,294

42,931

36,142

31,072

22,737

27,064

23,287

20,690

16,030

18,537

16,200

14,166

12,476

14,774

11,600

11,251

8,431

6,838

Technology and development

36,794

32,803

29,185

29,452

25,312

24,086

22,621

19,484

17,701

17,029

13,181

12,135

10,461

9,619

7,292

5,763

4,639

3,411

General and administrative

38,598

40,293

37,017

32,121

33,617

25,094

21,310

19,396

19,110

16,631

14,227

11,658

15,930

10,721

8,591

6,452

6,399

3,359

Total operating expenses

149,894

163,294

142,276

127,975

115,317

111,500

96,562

86,171

75,738

73,330

61,005

53,110

51,416

48,373

37,905

32,148

26,982

19,576

Income from operations

10,766

52,650

21,927

31,949

5,670

48,968

22,263

26,162

9,930

29,318

18,408

19,694

1,936

24,037

15,051

15,034

3,396

9,192

Other expense (income):
Interest income, net

1,092

956

1,480

1,286

997

220

237

32

-156

-408

-513

-413

-364

411

1,347

482

835

295

Change in fair value of preferred stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,653

422

4,383

673

Foreign currency exchange loss, net

-1,234

84

412

134

-1,330

135

-395

-1,096

-544

-841

-1,841

-890

-428

-662

-87

-356

-46

-408

Credit loss expense on available-for-sale securities

275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other expense, net

-417

1,045

1,892

1,420

-333

336

-158

-1,064

-700

-1,282

-2,354

-1,303

-792

-1,073

-6,087

-1,260

-5,264

-1,376

Income before income taxes

10,349

53,695

23,819

33,369

5,337

49,304

22,105

25,098

9,230

28,036

16,054

18,391

1,144

22,964

8,964

13,774

-1,868

7,816

Benefit from income taxes

-13,708

2,750

4,397

5,569

-4,814

9,869

1,813

5,755

160

11,225

5,825

-458

-3,765

12,684

5,320

6,176

-828

3,211

Net income

24,057

50,945

19,422

27,800

10,151

39,435

20,292

19,343

9,070

16,811

10,229

18,849

4,909

10,280

3,644

7,598

-1,040

4,605

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

18,158

972

2,392

-48,249

1,453

Earnings per share:
Basic

0.53

1.14

0.43

0.63

0.23

0.93

0.47

0.46

0.22

0.41

0.25

0.47

0.13

2.69

0.08

0.22

-4.45

0.14

Diluted

0.50

1.08

0.40

0.58

0.21

0.85

0.44

0.43

0.20

0.38

0.23

0.43

0.11

2.78

0.06

0.15

-4.45

0.10

Weighted average shares outstanding:
Basic

45,501

45,051

44,771

44,404

43,906

43,244

42,721

42,174

41,629

41,135

40,700

40,046

39,167

38,750

12,629

10,893

10,848

10,228

Diluted

48,313

48,045

48,037

47,828

47,314

46,811

46,576

45,242

44,543

44,478

44,245

43,944

43,557

29,673

17,064

15,535

10,848

14,231