# Trade Desk's operating margin went from 21.8% to 12.6% as revenue fell 0.5%

![Trade Desk's operating margin went from 21.8% to 12.6% as revenue fell 0.5%](https://aiswingx.com/static/covers/ttd-2026q3_cover.jpg?v=1794326588)

**The operating margin went from 21.8% in the same period a year earlier to 12.6%. Revenue fell 0.5%.**

Trade Desk (TTD) filed its quarterly report (10-Q) for fiscal Q3 2026 on November 9. The operating margin went from 21.8% in the same period a year earlier to 12.6%. Revenue fell 0.5%.

- 종목: TTD (Trade Desk)
- 분기: 2026Q3 · 10-Q
- 작성: 2026-11-10 16:04 UTC
- 원문: https://aiswingx.com/p/ttd-2026q3

## 숫자 하나
The operating margin went from 21.8% in the same period a year earlier to 12.6%.

## 비유 하나
(구독자 전용)

## 출처 하나
Trade Desk Form 10-Q (fiscal Q3 2026, filed 2026-11-09): inline XBRL in the consolidated financial statements, SEC EDGAR accession 0001671933-26-000116

## 다음 분기에 볼 것
(구독자 전용)

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## What happened

Trade Desk (TTD) filed its quarterly report (10-Q) for fiscal Q3 2026 with the SEC on November 9. It covers July 1 to September 30, 2026. The cash flow statement covers nine months from the start of the fiscal year (January 1 to September 30, 2026).

The operating margin went from 21.8% in the same period a year earlier to 12.6%. Revenue fell 0.5%.

The figures are exactly as stated in the filing. Comparisons with the past use the company data the SEC publishes. Each item is sourced at the end.

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## FAQ

**Q. Where can I check these figures myself?**

On SEC EDGAR, in Trade Desk's 10-Q (accession 0001671933-26-000116). The same values appear on the corresponding lines of the consolidated statements.

**Q. Are the ratios figures the company reports?**

No. They divide two figures stated in the filing for the same period. The working is in the arithmetic table in the subscriber section.

**Q. Are figures from different periods mixed?**

No. Income and cash items are divided only by items covering the same length of time, and balances are always stated against the previous fiscal year-end.