The Trade Desk Inc (TTD)

The Trade Desk Announces Nate Olmstead as Chief Financial OfficerJune 1, 2026 4:30 PM
Business Wire Interim CFO Tahnil Davis to Resume Previous Role as Chief Accounting Officer The Trade Desk (NASDAQ: TTD), a leading global advertising technology company, today announced the appointment of Nate Olmstead as Chief Financial Officer, effective July 9, 2026, to drive sustained accelerated growth and scale for the company. Olmstead will report to Jeff Green, The Trade Desk’s CEO and Co-Founder. “From our earliest days, The Trade Desk has focused on building for the long term — for our clients, our partners and the broader open internet,” said Jeff Green. “Nate deeply understands that mission and brings the experience, rigor and leadership to help guide our next phase of growth. I look forward to having him on our leadership team.” Olmstead joins from Penguin Solutions, an artificial intelligence infrastructure and technology solutions company, where he was SVP and CFO. Prior to that, he served as CFO of Logitech International S.A, a multinational company. He also held a number of financial leadership roles during his 16 years at Hewlett Packard Company and Hewlett Packard Enterprise. “The Trade Desk has built a remarkably strong and differentiated business over the past decade, and I admire the commitment to helping shape a better, more open internet,” said Olmstead. “I’m excited to join the team and help support the company’s consistent growth and profitability in the future.” Tahnil Davis, who served as interim CFO, will continue to serve as Chief Accounting Officer, the title she held before taking on the interim role. “I’m very appreciative of Tahnil’s continued commitment to The Trade Desk,” said Jeff Green. “She has been a trusted steward of our finances for over a decade, and I look forward to her continuing to serve as our Chief Accounting Officer and an advisor to both myself and Nate.” An 11-year veteran of the company, Davis will work closely with Olmstead on the transition and report into Olmstead. About The Trade Desk The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Twitter, LinkedIn, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601318953/en/ Pat Wentling
Communications
PR@thetradedesk.com Jake Graves
Investor Relations
IR@thetradedesk.com Original: The Trade Desk Announces Nate Olmstead as Chief Financial Officer

Trade Desk (TTD) shares tumble after earnings miss and weaker outlookMay 8, 2026 5:56 AM
IH Market News Shares of The Trade Desk (NASDAQ:TTD) plunged more than 14% in premarket trading on Friday after the advertising technology company reported quarterly earnings below Wall Street expectations and issued weaker-than-anticipated guidance for the current quarter.For the first quarter, The Trade Desk posted adjusted earnings per share of $0.28, missing analyst forecasts of $0.32 per share. Revenue came in at $689 million, slightly above the consensus estimate of $679.5 million and up 12% from the $616 million reported during the same period last year.Investor sentiment was hit harder by the company’s outlook for the second quarter. The Trade Desk projected revenue of at least $750 million, falling short of analyst expectations of $772.4 million.The company also forecast adjusted EBITDA of roughly $260 million for the second quarter. Wall Street analysts cut ratings following results The weaker guidance prompted multiple analyst downgrades across Wall Street.“We were cautious on TTD into earnings, but 2Q guidance was below our expectations. Our sense is the combination of Middle East turmoil, ad agency tensions, and changes to industry structure are pressuring growth,” KeyBanc analysts said while downgrading the stock to Sector Weight.“While the first two factors could eventually reach a resolution, we do not see the competitive factor changing any time soon,” they added.Oppenheimer also downgraded The Trade Desk to Perform from Outperform, citing expectations for only single-digit revenue growth in the second quarter.“Now trading at 6.4x ’26 EBITDA vs. adtech 7.9x, we see no catalyst until revenue accelerates,” the firm wrote. Profitability weakens despite revenue growth Adjusted EBITDA for the first quarter totaled $206 million, slightly below the $208 million reported a year earlier. EBITDA margin narrowed to 30% from 34% in the same quarter of 2025.“Q1 was another strong quarter for The Trade Desk, with revenue growing to $689 million, representing 12% year-over-year growth,” said Jeff Green, CEO and Co-Founder.“We’re encouraged by the impact of the strategic upgrades we’ve been making across the company, which contributed to our outperformance in Q1. Despite headwinds in the macro environment, we remain confident in our ability to lead and innovate within the programmatic ecosystem.”The company said customer retention remained above 95% during the quarter, continuing a trend maintained over the past decade.During the period, The Trade Desk spent approximately $164 million repurchasing Class A common shares. As of March 31, 2026, the company still had $327 million authorized for additional buybacks. Net income declines from prior year GAAP net income for the quarter came in at $40 million, or $0.08 per diluted share, compared with $51 million, or $0.10 per diluted share, during the first quarter of 2025.The Trade Desk stock price Original: Trade Desk (TTD) shares tumble after earnings miss and weaker outlook

Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street FuturesMay 8, 2026 5:15 AM
IH Market News Global markets traded unevenly on Friday as renewed clashes between U.S. and Iranian forces near the Strait of Hormuz weighed on investor sentiment and pressured equities worldwide.“Markets still aren’t pricing in the worst-case scenario,” Deutsche Bank strategists led by Henry Allen wrote in their morning note to clients.Investors were also monitoring preparations for President Donald Trump’s upcoming summit with China, while a fresh batch of software earnings triggered sharp premarket swings across the technology sector. Attention later in the session will shift toward the release of the April U.S. employment report. Oil reverses gains after Strait of Hormuz tensions flare Oil prices turned lower on Friday after an initial rally sparked by renewed military exchanges involving U.S. and Iranian forces near the Strait of Hormuz. Brent crude briefly climbed around 3% during Asian trading before surrendering those gains and slipping back below the $100 level.The renewed tensions unsettled markets only days after signals from Washington and Tehran suggested that a broader diplomatic agreement could be within reach.President Donald Trump maintained that the ceasefire established last month was still holding despite the latest exchange of fire. Even with Friday’s volatility, crude prices remain on track for an approximate 7% weekly decline as traders continue to hope for a diplomatic resolution. Trump-China summit draws market attention Geopolitical developments remained a central focus ahead of Trump’s expected meeting with Chinese President Xi Jinping next week in Beijing.The summit would represent the first visit by a U.S. president to China since 2017 and arrives during a particularly sensitive period for financial markets. Discussions are expected to center on the Iran conflict, trade relations and broader economic coordination.According to CNBC, the American business delegation accompanying Trump may be smaller than those sent by several other countries in recent months. Investors are also looking for indications regarding a possible future trip by Xi to the United States. Asian and European equities move lower Asian stock markets weakened after Wall Street retreated from record highs overnight. Japanese and South Korean equities pulled back as rising geopolitical tensions in the Middle East reduced investor appetite for risk.Japan’s Nikkei 225 ended the session down 0.2%, while South Korea’s KOSPI recovered from earlier losses to close slightly higher.European markets also traded lower, with the STOXX 600 falling as much as 0.9% in early dealings after the U.S. military reported intercepting attacks aimed at three warships near the Strait of Hormuz.Despite the broader caution, U.S. equity futures pointed modestly higher ahead of the labor market report, with S&P 500 futures gaining around 0.3%. Investors await U.S. jobs report Market participants are closely watching Friday’s U.S. nonfarm payrolls report for additional signals on economic conditions and the Federal Reserve’s next policy moves.The previous month’s payrolls data showed job growth of 178,000, the strongest reading in 15 months.“That’s an important one, as Fed pricing has already shifted in a hawkish direction given the energy shock,” Allen said.Economists are now forecasting that payrolls increased by 50,000 in April, which would mark the first consecutive monthly gains since May of last year. The unemployment rate is expected to remain unchanged at 4.3%. Software earnings trigger major stock swings Corporate earnings from software companies drove some of the sharpest individual stock movements ahead of Friday’s opening bell.Akamai (NASDAQ:AKAM) jumped nearly 30% in premarket trading after announcing a $1.8 billion long-term cloud agreement linked to a frontier artificial intelligence model provider.Bill Holdings (NYSE:BILL) advanced 12% after reporting quarterly revenue and earnings above analyst expectations, supported by stronger transaction activity and subscriber-related fees.Several other software stocks moved sharply lower following their earnings releases. HubSpot (NYSE:HUBS), Trade Desk (NASDAQ:TTD) and Cloudflare (NASDAQ:NET) all recorded double-digit declines in premarket trading.Akamai Technologies stock priceBill Holdings stock priceHubSpot stock priceThe Trade Desk stock priceCloudflare stock price Original: Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street Futures

Sold $TTD for $86 dollar gain in few hrs. 3 months $1094 dollars.

Bought Trade Desk $TTD huge advertising firm amazing net income. Way oversold. Main reason I bought about to break downtrend on 6 month and breakout up.

The Trade Desk Appoints Drew Vollero to Board of DirectorsMarch 25, 2026 4:05 PM
Business Wire
The Trade Desk (Nasdaq: TTD), the world’s leading independent advertising technology company, today announced the appointment of Drew Vollero to its board of directors.


Vollero brings deep financial and operational expertise, with a proven track record of helping high-growth technology companies scale and navigate complex market dynamics. With more than three decades of experience across public and private markets, he brings a strong perspective on long-term value creation and disciplined growth.


Vollero currently serves as Reddit’s first Chief Financial Officer (CFO), where he has built and scaled its financial infrastructure and guided the company through a successful IPO in March 2024. Prior to Reddit, Vollero was the CFO of Allied Universal, the largest U.S. security and facility services firm. In addition, he served as Snapchat’s first CFO, guiding its IPO and transition to a public company. During his tenure at Snap, Vollero led financial strategy and operational efficiency through periods of significant transformation and expansion.


“Drew’s extensive experience as CFO and his ability to guide organizations through periods of growth make him an exceptional addition to our board,” said Jeff Green, CEO and Co-founder, The Trade Desk. “His financial acumen, strategic mindset, and leadership across some of the most dynamic companies in technology will be invaluable as we continue to scale globally and deliver long-term value for our clients and shareholders.”


“I’m excited to join The Trade Desk board at such a pivotal time in its growth journey,” said Vollero. “The Trade Desk has built a strong foundation and powerful platform grounded in innovation for its advertising clients. I look forward to partnering with Jeff and the leadership team to help drive momentum and shape the future of the advertising ecosystem.”


Vollero began his career in corporate finance and held various financial, operational, and business development roles at Mattel and Pepsi. He has a B.A. in mathematics and economics from Yale University, graduating magna cum laude, and an M.S. in management from Oxford University.


About The Trade Desk


The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, X, and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260325309271/en/
Melinda Zurich

The Trade Desk

PR@thetradedesk.com


Original: The Trade Desk Appoints Drew Vollero to Board of Directors

chart is looking pretty messy right now. honestly might just sit on my hands until I see some actual insider buying. hard to trust the technicals in this market.🙄

What's Going On With Trade Desk Stock Today?
By Nabaparna Bhattacharya | March 05, 2026, 8:48 AM

https://finviz.com/news/330695/whats-going-on-with-trade-desk-stock-today

The Trade Desk, Inc. (NASDAQ:TTD) shares moved higher on Thursday after reports surfaced about potential advertising discussions with OpenAI.

Investors reacted after news indicated that OpenAI may initially rely on external partners to sell ads as it scales its advertising business, after introducing ads on ChatGPT last month, Information reports.

The ad-technology company also gained attention following a large insider stock purchase disclosed in a regulatory filing.

The update arrived as the company's chief executive revealed a substantial personal share purchase through a recent filing.

The filing showed CEO Jeffrey Terry Green added millions of shares to his holdings earlier this week.

Major Insider Purchase
Green accumulated 6,398,089 Class A shares between March 2 and March 4. The purchases included 6,000,000 shares acquired through a limited partnership.

The filing also recorded 398,089 additional shares granted through a restricted stock award. Combined, the transactions represent a significant personal investment by the company's chief executive.

The majority of shares were purchased at weighted-average prices between $23.49 and $25.08.

Individual trade prices ranged from $22.93 to $25.25.

The four transactions totaled approximately $148.1 million. The purchases occurred while the stock traded near multi-year lows.

Large insider purchases sometimes signal management confidence in a company's long-term outlook. Investors often monitor such moves for clues about executive sentiment.

Recent Analyst Views
Wall Street analysts recently updated coverage following volatility in the advertising technology sector.

On March 2, KeyBanc analyst Justin Patterson maintained an Overweight rating on the company. However, he lowered the price target from $40 to $35.

Meanwhile, Piper Sandler analyst Thomas Champion reiterated a Neutral rating. The analyst reduced his price target from $50 to $28.

The Trade Desk operates a programmatic advertising platform used by brands and agencies worldwide. The company helps marketers purchase digital advertising inventory across channels.

TTD Price Action: Trade Desk shares are trading higher by 21.57% to $30.55 premarket at last check Thursday.

Trade Desk names Tahnil Davis interim CFO as shares slideJanuary 26, 2026 4:05 PM
IH Market News
Shares of Trade Desk (NASDAQ:TTD) fell 4.8% after the company said it has appointed Tahnil Davis as Interim Chief Financial Officer.Davis will report directly to CEO and co-founder Jeff Green, taking over the role from Alex Kayyal.Alongside the leadership update, the digital advertising group reiterated its financial guidance for the fourth quarter. Trade Desk said it continues to expect revenue of at least $840 million, modestly below the Bloomberg Consensus estimate of $842.7 million.The company also reaffirmed its adjusted EBITDA outlook of roughly $375 million, compared with analysts’ expectations of about $376.8 million.The Trade Desk stock price

Original: Trade Desk names Tahnil Davis interim CFO as shares slide

$TTDThe Trade Desk Inc's valuation metrics have significantly improved, with the P/E ratio dropping from 147.58x in Q4 2024 to 54.64x in Q3 2025, indicating a more attractive investment proposition. However, growth rates for revenue and earnings have slowed, with revenue growth declining to 20.82% from 25.63% in the previous quarter, reflecting potential market saturation. Profitability remains robust, with a gross margin of 78.81% and an operating margin of 18.91%, showcasing strong operational efficiency.
Valuation: The Trade Desk Inc's valuation metrics have shown significant improvement, with the EV/EBITDA ratio decreasing from 108.71x in Q4 2024 to 35.27x in Q3 2025. Similarly, the P/E ratio has fallen from 147.58x to 54.64x in the same period, indicating a more favorable valuation relative to earnings and making the stock more appealing to investors.Profitability: Profitability metrics for The Trade Desk Inc remain strong, with a gross margin of 78.81% in Q3 2025, slightly down from 80.69% in Q4 2024, yet still indicating high core profitability. The operating margin improved to 18.91%, up from 17.47%, reflecting effective cost management. Additionally, the ROIC stands at 32.39%, showcasing efficient capital utilization.Growth Metrics: Growth metrics for The Trade Desk Inc have shown a mixed trend, with revenue growth declining to 20.82% in Q3 2025 from 25.63% in Q4 2024, suggesting a slowdown in business expansion. Earnings growth also decreased to 42.62% from 116.67%, reflecting challenges in maintaining high profit growth rates. Meanwhile, free cash flow growth remains strong at 239.99%, indicating continued cash generation capability despite the slowing revenue and earnings growth.

The Trade Desk Announces Tahnil Davis as Interim Chief Financial OfficerJanuary 26, 2026 2:25 PM
Business Wire
The Company also reaffirms its Fourth Quarter guidance, Announces Date of Fourth Quarter 2025 Financial Results and Conference Call


The Trade Desk (NASDAQ: TTD), the world’s leading independent advertising technology company, today announced the appointment of Tahnil Davis as Interim Chief Financial Officer (CFO), effective January 24, while the Company conducts a search for a permanent successor. Davis currently serves as the company’s Chief Accounting Officer and has been with The Trade Desk for nearly 11 years. She succeeds Alex Kayyal. Davis will report to Jeff Green, The Trade Desk’s CEO and Co-Founder.


Davis brings deep expertise in financial management across domestic and international markets, with extensive experience in high-growth software and internet services companies. Throughout her tenure at The Trade Desk, she has played a critical role in building the company’s financial and operational infrastructure and supporting corporate governance.


“Tahnil is an exceptionally strong operator and leader who understands our business inside and out,” said Green. “Her combination of financial rigor, strategic insight, and hands-on execution has been instrumental in helping us build a finance organization that can support our next phase of growth. I look forward to our continued partnership as we continue to execute against our strategic priorities.”


Fourth Quarter 2025 Guidance


For the fourth quarter of 2025, The Trade Desk reaffirms the financial guidance given on November 6th, 2025 and continues to expect:



Revenue of at least $840 million



Adjusted EBITDA of approximately $375 million



The Company is in the process of finalizing its results of operations for the fourth quarter and fiscal year ended December 31, 2025.


The Company has not provided guidance for GAAP net income or reconciliation of Adjusted EBITDA guidance to net income, the closest corresponding U.S. GAAP measure, because net income guidance is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges included in the calculation of this GAAP measure; in particular, stock-based compensation, tax-related items and other non-recurring items not indicative of ongoing operating performance. The Company expects the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.


Date of Fourth Quarter and Fiscal Year 2025 Financial Results and Conference Call


The Trade Desk expects to release financial results for the fourth quarter and fiscal year ended December 31, 2025 after the market closes on Wednesday, February 25, 2026. The Trade Desk will host a webcast and conference call to discuss fourth quarter and fiscal year financial results at 2:00 P.M. Pacific Time.


Webcast and Conference Call Details



When: February 25, 2026 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time).



Webcast: A live webcast of the call can be accessed from the Investor Relations section of The Trade Desk’s website at http://investors.thetradedesk.com/. Following the call, a replay will be available on the company’s website.



Dial-in: To access the call via telephone in North America, please dial 888-506-0062. For callers outside the United States, please dial 1-973-528-0011. Participants should reference the conference call ID code “159997” after dialing in.



Audio replay: An audio replay of the call will be available beginning about two hours after the call. To listen to the replay in the United States, please dial 877-481-4010 (replay code: 53520). Outside the United States, please dial 1-919-882-2331 (replay code: 53520). The audio replay will be available via telephone until March 4, 2026.



Use of Non-GAAP Financial Information


Included within this press release is the non-GAAP financial measure of Adjusted EBITDA that supplements the Condensed Consolidated Statements of Operations of the Company prepared under generally accepted accounting principles (“GAAP”). Adjusted EBITDA is net income before depreciation and amortization expense; stock-based compensation expense; interest income, net; and provision for income taxes. This non-GAAP measure is not meant as a substitute for GAAP, but is included solely for informational and comparative purposes. The Company’s management believes that this information can assist investors in evaluating the Company's operational trends, financial performance, and cash-generating capacity. Management believes this non-GAAP measure allows investors to evaluate the Company’s financial performance using some of the same measures as management. However, non-GAAP financial measures should not be regarded as a replacement for or superior to corresponding, similarly captioned, GAAP measures and may be different from non-GAAP financial measures used by other companies.


About The Trade Desk


The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific.


Forward-Looking Statements


This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to expectations concerning matters that (a) are not historical facts, (b) predict or forecast future events or results, or (c) embody assumptions that may prove to have been inaccurate, including statements relating to industry and market trends, the Company’s financial targets, such as revenue and Adjusted EBITDA, and the timing of the Company’s release of earnings for the quarter and year ended December 31, 2025. When words such as “believe,” “expect,” “anticipate,” “will,” “outlook” or similar expressions are used, the Company is making forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give readers any assurance that such expectations will prove correct. These forward-looking statements involve risks, uncertainties and assumptions, including those related to the Company’s ability to maintain and grow its client base and spend through its platform and related offerings, which makes it difficult to evaluate the Company’s business and prospects, the market for programmatic advertising developing slower or differently than the Company’s expectations, the demands and expectations of clients and the ability to attract and retain clients. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond the control of the Company. These are disclosed in the Company’s reports filed from time to time with the Securities and Exchange Commission, including its most recent Form 10-K and any subsequent filings on Forms 10-Q or 8-K, available at www.sec.gov. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company does not intend to update any forward-looking statement contained in this press release to reflect events or circumstances arising after the date hereof.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260126378908/en/
Investors

Jake Graves

Sr. Investor Relations Manager

The Trade Desk

ir@thetradedesk.com
Media

Melinda Zurich

VP, Communications

The Trade Desk

melinda.zurich@thetradedesk.com


Original: The Trade Desk Announces Tahnil Davis as Interim Chief Financial Officer

Trade Desk (TTD) will join the S&P 500 index before the open on Friday, July 18, with the digital advertising play replacing Ansys (ANSS). Fellow S&P 500 stock Synopsys (SNPS) will close its acquisition of Ansys on Thursday. Trade Desk stock jumped late Monday.

This board is completly out of date. Trade Desk had some after hours blow out news and non one is here. What a shame.

Think The Trade Desk's Best Days Are Behind It? Think again.
By Danny Vena | May 08, 2025, 8:51 PM

https://finviz.com/news/52832/think-the-trade-desks-best-days-are-behind-it-think-again

The past few months have been fraught with uncertainty for investors in The Trade Desk (NASDAQ: TTD). The programmatic advertiser delivered an unbroken track record of beating its own guidance for 32 consecutive quarters as it closed out 2024. Then, to the surprise of Wall Street and Main Street alike, The Trade Desk stumbled, missing analysts' consensus estimates and its own forecast. In the wake of its disappointing quarter, the stock went into freefall and shed more than 60% of its value as fair-weather investors headed for the exits.

It isn't surprising, then, that shareholders were sitting on the edge of their seats when the company released its quarterly financial results after the market close on Thursday. Indeed, those who took a long-term view had their faith rewarded as The Trade Desk returned to form and looked to put its troubles behind it.

A stark about-face
The Trade Desk's first-quarter results went a long way in assuring investors that the company's best days are still ahead. Revenue of $616 million grew 25% year over year, accelerating from 22% growth in Q4. The results were reflected in the bottom line, with adjusted earnings per share (EPS) of $0.33, representing an increase of 27%.

To give the numbers some context, analysts' consensus estimates were calling for revenue of $575.3 million and adjusted EPS of $0.25.

Helping drive the results was the increased adoption of The Trade Desk's artificial intelligence (AI)-infused Kokai platform. The new, advanced media buying platform features enhanced decision-making and ad campaign measurement tools. Kokai can access more than 13 million advertising impressions every second, helping distill the complexity of those choices into actionable intelligence within milliseconds. The Trade Desk says the platform helps "advertisers buy the right ad impressions, at the right price, to reach the target audience, at the best time.

The company stumbled in the fourth quarter as it faced logistical issues transitioning existing customers from its legacy Solimar platform to Kokai. The Trade Desk immediately embarked on a reorganization to make the company more nimble, while better positioning it to capture emerging opportunities, including connected TV (CTV), retail media, and audio.

"We're encouraged by the early impact of the strategic upgrades at the company we implemented in Q4, which contributed to our outperformance," said co-founder and CEO Jeff Green. "As we build on this momentum, we're optimistic about our ability to continue to outpace the market and deliver increasing value to marketers who prioritize objective, transparent, and data-driven media buying on the open internet."

The Trade Desk also cited its strong customer retention, which remained above 95% during the quarter, a track record that goes back 11 consecutive years.

What the future holds
Some investors were justifiably concerned after The Trade Desk's precipitous fall from grace, but its rapid recovery bodes well for the future. Furthermore, the tone of management's commentary and its outlook suggest the best is yet to come.

For the second quarter, The Trade Desk is guiding for revenue of at least $682 million, which would represent growth of about 17% year over year. It's worth noting that management has a tendency to issue conservative guidance. Its track record (with that one notable exception) shows the results are typically higher.

The Trade Desk stock is currently selling for 34 times forward earnings. While that's something of a premium, the average multiple over the past three years has been closer to 55, so the stock is trading at a significant discount to its historical price.

Don't expect that bargain to last for long. In the wake of its blockbuster financial report, investors have bid the stock up more than 11% in after-hours trading.

Trade Desk beats first-quarter results estimates on strong demand for ad tech
16:41:17 PM ET, 05/08/2025 - Reuters
(Adds details throughout)

May 8 (Reuters) - The Trade Desk on Thursday posted first-quarter revenue and profit above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.

The ad firm's strong results come at a time when businesses are reducing marketing spend amid prevailing recession fears and uncertain economy.

The ad-buying platform offers advertisers access to a vast network of publishers and media partners across industries, allowing them to precisely target their ad campaigns.

The Trade Desk is building support for its advertising identifier, Unified ID 2.0 (UID2), which it says is more privacy focused and an upgrade and alternative to third-party cookies.

Revenue for the first quarter grew 25% to $616 million, beating estimates of $584 million, according to data compiled by LSEG.

On an adjusted basis, the company earned 33 cents per share for the quarter, above estimates of 25 cents.

Trade Desk, which has partnerships with retailers such as Walmart, forecast second-quarter revenue of at least $682 million, slightly below analysts' average estimate of $683.2 million. (Reporting by Kritika Lamba in Bengaluru; Editing by Leroy Leo)

What happened?

Trump suspended Tariffs today for 90 Days for all countries except China. Market is rocketing over this.
TTD going back to $100. IMHO.
Load em up baby!
GLTA

TTD ... How much tariff will be levied
on desks and chairs 🪑?? If I want to trade my L shaped desk with my neighbor's executive desk for 4 days, can the Trade Desk assist in that transaction?? Will they have to dismantle the desks before trading them?? How exactly does The Trade Desk trade desks ??

TTD

curr. pps 59.34

We have to be close to a bottom. It could take a while to start to gain traction back up. Seems like here would be a decent chance to get in or average down.

Seems like the RSI is rising too slowly right now. Maybe some time next week but if I see volume I'll probably jump on.

What's your opinion on the liklihood of a dead-cat bounce tomorrow?

Fairpoint. Her ETF has been iffy for me for a while but I do try to track the activity to see where things go.

You are not alone, a lot of people feel that way. LOL

But she already owns a pretty large position in TTD, and has for a while, from what I can tell.

So she wouldn't be buying in, right? She would be adding.

Which she should if she truly has conviction. If she sells more on this drop that would have a different reason.

Cathie Woods buying in is typically NOT a good sign in my eyes... I feel like ARK is usually a little too early or too late..... but I am bullish on TTD

Seems pretty over reactive and makes you wonder what else is going on, doesn't it?

It's down 35 bucks in pre trade? From 122 to 86

I don't own TTD, but I do keep an eye on it. I'll be curious if Cathie Wood will buy more in her ARK funds.

When it opens this basic chart is going to look a lot different





and a gap from August is going to fill. Which is nuts. Thats a hefty drop in one moment.

The Trade Desk Inc (TTD) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Shifts ...
GuruFocus News
Thu, February 13, 2025 at 12:18 AM MST 4 min read

https://finance.yahoo.com/news/trade-desk-inc-ttd-q4-071832087.html

Total Spend on Platform: Exceeded $12 billion for 2024.

Annual Revenue: Surpassed $2.4 billion, a 26% year-over-year increase.

Adjusted EBITDA: Over $1 billion for the year.

Free Cash Flow: More than $600 million for the year.

Q4 Revenue: $741 million, a 22% year-over-year increase.

Q4 Adjusted EBITDA: $350 million, representing a 47% margin.

Q4 Operating Expenses: $416 million, up 23% from the previous year.

Adjusted Net Income for Q4: $297 million or $0.59 per fully diluted share.

Net Cash Provided by Operating Activities in Q4: $199 million.

Free Cash Flow in Q4: $177 million.

Cash and Liquidity Position: Approximately $1.9 billion in cash, cash equivalents, and short-term investments at year-end.

Share Repurchase: $57 million of Class A common stock repurchased in Q4.

Q1 2025 Revenue Outlook: At least $575 million, reflecting 17% year-over-year growth.

Q1 2025 Adjusted EBITDA Estimate: Approximately $145 million.



Release Date: February 12, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

The Trade Desk Inc (NASDAQ:TTD) achieved a record-breaking year in 2024 with total spend on their platform exceeding $12 billion and revenue surpassing $2.4 billion, marking a 26% year-over-year growth.

The company generated over $1 billion in adjusted EBITDA and delivered more than $600 million in free cash flow, highlighting the strength of their platform.

The Trade Desk Inc (NASDAQ:TTD) has made significant structural changes, including the largest reorganization in company history, to improve clarity in roles and responsibilities and streamline client-facing teams.

The company is focusing on expanding brand direct relationships, which are growing 50% faster than the rest of their business, and increasing resource allocation on brands.

The Trade Desk Inc (NASDAQ:TTD) is investing heavily in AI to enhance targeting, optimization, forecasting, and identity measurement, positioning them for future growth.

Negative Points

For the first time in 33 quarters, The Trade Desk Inc (NASDAQ:TTD) fell short of their own expectations, missing their guidance due to a series of small execution missteps.

The company experienced slower than anticipated rollout of their Kokai platform, impacting short-term performance.

There were challenges in the fourth quarter due to a polarized political environment and lower GDP, which affected advertising budgets.

The Trade Desk Inc (NASDAQ:TTD) anticipates a modest increase in the growth rate of operating expenses in 2025, which may lead to some margin compression.

The company faces competition from major players like Amazon, which is aggressively improving its DSP and expanding Prime Video ads, posing a competitive threat.

Q & A Highlights

Q: Jeff, what went wrong in the fourth quarter where you came in below expectations?
A: Jeffrey Green, CEO: We missed our own expectations due to a series of small execution missteps while preparing for the future. It wasn't due to a smaller opportunity or increased competition. We are recalibrating the company to address a larger opportunity faster than anticipated. We've made structural changes, including a major reorganization, agile product development, and clearer roles for client-facing teams to ensure this doesn't become a pattern.

Q: Can you elaborate on the factors that contributed to the Q4 shortfall and how they differ from industry trends?
A: Jeffrey Green, CEO: In 2022, we outperformed despite macro challenges. This time, we had internal execution issues, including a slower Kokai rollout, which was partly deliberate to inject AI and improve long-term performance. The political environment and economic factors weren't ideal, but we've navigated similar conditions before. The changes we're making are aimed at capturing a larger market share.

Q: How do you view the company's potential to sustain a 20%-plus compound growth rate over the next several years?
A: Jeffrey Green, CEO: We need to focus on making the open Internet better than walled gardens, leveraging our access to premium media. Our supply chain improvements and focus on scale, objectivity, and CTV growth are key. We believe we can reaccelerate growth by addressing these areas and capturing opportunities left by Google and Facebook's shift away from the open Internet.

Q: What are your thoughts on Google's potential exit from the open Internet and its impact on The Trade Desk? A: Jeffrey Green, CEO: Google's network business has been deprioritized, and I believe they will eventually exit the open Internet, creating a significant opportunity for us. This shift could happen abruptly or gradually, but we are positioning ourselves to capture the opportunity. Google's exit would remove a major hindrance to an effective supply chain, benefiting us and the open Internet.

Q: Can you discuss the role of OpenPath and the Sincera acquisition in your strategy?
A: Jeffrey Green, CEO: OpenPath allows major content owners to integrate directly with us, bypassing SSPs. This is financially beneficial for them and aligns with their desire for yield control. The Sincera acquisition will enhance supply chain visibility and efficiency, ensuring we buy inventory from those who describe it best. We expect 2025 to be a pivotal year for OpenPath's growth.

What the hell happened today. That miss was catastrophic!

TTD new 52 week high

TTD new 52 week high

TTD new 52 week high

TTD new 52 week high

WOOOW 6K BUY PLUS FEW 3K AND BUNCE 1K BUYS JUST IN LAST HOUR $$$$$$$$$$

It figures the market is down the day after they report

The strike in the auto industry took them down last Quarter hopefully they have resolved their dependence

$606m massive revs!

sold all my share- had more of a loss than a gain-- GOOD BYE- Good luck to all.. already made up for the loss on OTC plays. Specifically ZHUD and BLFR- Both will go MUCH HIGHER.

moving up

The problem was they forecast 18% revenue in 2024 versus the streets 24% I believe

SMH- yes- may pick up some tomorrow- revs UP 25%- could not believe the dip. MASSIVE sell after the close

That has to be a knee jerk reaction.
Over sold, buy buy buy.

52.74 low AH

WTF??????????????? $54

EARNINGs today- after the close

79.08 close 3.40 gain Day Range: 76.4981 - 80.07
Last Trade Time: 3:46:13 PM EDT

link for the insiders trades https://www.otcmarkets.com/filing/html?id=17028152&guid=iC5-ke5LYXbXdth

) 23,004 D $71.01 (2) 1,339,741 I See Footnote (3)
Class A Common Stock 11/1/2023 S(1) 55,520 D $71.06 (4) 1,284,221 I See Footnote (3)
Class A Common Stock 11/2/2023 S(1) 70,699 D $74.91 (5) 1,213,522 I See Footnote (3)
Class A Common Stock 11/2/2023 S(1) 4,301 D $75.49 (6) 1,209,221 I See Footnote (3)

there were many recent insider sells-- form 4's. Picked up some $66.xx and averaged down last week. helped the average -now $82. Still RED- not worried.

Coming back from Snap’s poor earnings and broad market sell off. Hulu definitely helped

MONSTER!!!!!!!!!!!!!!

75.68 close +4.93 (6.95%) --Day Range: 74.34 - 76.13