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    The Trade Desk Reports First Quarter 2024 Financial Results

    5/8/24 4:01:00 PM ET
    $TTD
    Computer Software: Programming Data Processing
    Technology
    Get the next $TTD alert in real time by email

    The Trade Desk, Inc. ("The Trade Desk," the "Company" or "we") (NASDAQ:TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its first quarter ended March 31, 2024.

    "Q1 was a strong quarter for The Trade Desk as we delivered revenue of $491 million, accelerating growth to 28% year-over-year. Our outstanding performance to start the year underlines the value advertisers are placing on premium inventory on the open internet," said Jeff Green, Co-founder and CEO of The Trade Desk. "With the continued strong growth of CTV, the growing ubiquity of UID2, new approaches to authentication, greater deployment of first-party data and retail data, and with significant AI advances in our Kokai platform, we are better positioned than ever to deliver premium value to advertisers and continue to gain market share."

    First Quarter 2024 Financial Highlights:

    The following table summarizes our consolidated financial results for the three months ended March 31, 2024 and 2023 ($ in millions, except per share amounts):

     

    Three Months Ended

    March 31,

     

     

    2024

     

     

     

    2023

     

    GAAP Results

     

     

     

    Revenue

    $

    491

     

     

    $

    383

     

    Increase in revenue year over year

     

    28

    %

     

     

    21

    %

    Net income

    $

    32

     

     

    $

    9

     

    GAAP diluted earnings per share

    $

    0.06

     

     

    $

    0.02

     

     

     

     

     

    Non-GAAP Results

     

     

     

    Adjusted EBITDA

    $

    162

     

     

    $

    109

     

    Adjusted EBITDA margin

     

    33

    %

     

     

    28

    %

    Non-GAAP net income

    $

    131

     

     

    $

    114

     

    Non-GAAP diluted earnings per share

    $

    0.26

     

     

    $

    0.23

     

    First Quarter and Recent Business Highlights:

    • Strong Customer Retention: Customer retention remained over 95% during the first quarter, as it has for the past ten consecutive years.
    • Connected TV (CTV): The Trade Desk offers the largest CTV inventory marketplace in the industry, giving advertisers unmatched access to premium content across major networks and ad-supported streaming services around the world. Because we do not compete in content or supply, we have built lasting relationships with premium publishers to help brands confidently engage their audiences and drive measurable results. Recent CTV updates include:
      • Disney announced expanded partnership with The Trade Desk with Disney Advertising's Real-Time Ad Exchange (DRAX) Direct via a direct integration with OpenPath to meet advertiser demand at scale.
      • NBCUniversal announced that, for the first time, the 2024 Paris Olympic Games inventory on Peacock will be available to buy programmatically via The Trade Desk.
      • Roku announced its plans to empower advertisers using The Trade Desk with the ability to leverage Roku Media and audience and behavioral data, so brands can better understand and optimize their campaigns.
    • Continued Collaboration and Support for Unified ID 2.0: The Trade Desk is building support for Unified ID 2.0 (UID2), an industry-wide approach to identity that preserves the value of relevant advertising, while putting user control and privacy at the forefront. UID2 is an upgrade and alternative to third-party cookies. Recent partnerships and pledges of integration and support include:
      • Times Internet, India's most prominent digital media conglomerate home to brands such as Times of India, Economic time, and GadgetsNow, has become the first digital partner in India to adopt UID2.
      • In January, DISH Media announced adoption of UID2 across its suite of traditional TV and OTT services including DISH TV and Sling TV.
      • Data provider Lotame announced its adoption of UID2 to help enable cross-channel data interoperability, offering audience activation across desktop, mobile, and CTV.
      • TF1 and M6, two of the largest broadcasters in France, announced their adoption of EUID to help their advertisers run effective campaigns with improved targeting capabilities.
    • OpenPath: OpenPath gives our clients a simplified, direct connection to participating premium publishers across the open internet. By supporting an objective, transparent supply path, OpenPath helps to maximize value for everyone involved. OpenPath is live with dozens of publishers representing over 11,000 destinations across connected TV, mobile, display and audio.
      • The Trade Desk is expanding its OpenPath technology in CTV with Vizio and Cox Media Group, among other publishers, trading their CTV inventory on the platform.
    • OpenPass: OpenPass is an independent single sign-on (SSO) solution for the open internet that empowers consumers and publishers. OpenPass gives publishers control of the authentication of their regular visitors, so they can help advertisers score the relevance of their ad impressions.
    • Industry Recognition (2024):
      • Institutional Investor Awards - Most Honored Company, Best CEO, Best Company Board, Best IR Program, Best IR Professional, Best IR Team, Best Analyst Day
      • Business Insider Rising Stars of Adtech
      • AdExchanger Top Women in Media & Ad Tech
      • MM+M 40 under 40
    • Share Repurchases: We repurchased $125 million of our Class A common stock in the first quarter of 2024. As of March 31, 2024, we had $575 million available and authorized for repurchases.

    Financial Guidance:

    Second Quarter 2024 outlook summary:

    • Revenue at least $575 million
    • Adjusted EBITDA of approximately $223 million

    We have not provided an outlook for GAAP Net Income or reconciliation of Adjusted EBITDA guidance to Net Income, the closest corresponding U.S. GAAP measure, because Net Income outlook is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of our stock-based compensation expense that are directly impacted by unpredictable fluctuations in our share price. We expect the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.

    Use of Non-GAAP Financial Information

    Included within this press release are the non-GAAP financial measures of Adjusted EBITDA, Non-GAAP Net Income and Non-GAAP Diluted EPS that supplement the Condensed Consolidated Statements of Operations of The Trade Desk, Inc. (the Company) prepared under generally accepted accounting principles (GAAP). Adjusted EBITDA is earnings before interest income, net; provision for (benefit from) income taxes; depreciation and amortization; and stock-based compensation. Non-GAAP Net Income excludes charges and the related income tax effects for stock-based compensation. Tax rates on the tax-deductible portions of the stock-based compensation expense approximating 25% to 30% have been used in the computation of non-GAAP Net Income and non-GAAP Diluted EPS. Reconciliations of GAAP to non-GAAP amounts for the periods presented herein are provided in schedules accompanying this release and should be considered together with the Condensed Consolidated Statements of Operations. These non-GAAP measures are not meant as a substitute for GAAP, but are 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 these non-GAAP measures allow investors to evaluate the Company's financial performance using some of the same measures as management. However, the 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.

    First Quarter 2024 Financial Results Webcast and Conference Call Details

    • When: May 8, 2024 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 "800587" 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: 50391). Outside the United States, please dial 1-919-882-2331 (replay code: 50391). The audio replay will be available via telephone until May 15, 2024.

    The Trade Desk, Inc. uses its Investor Relations website (http://investors.thetradedesk.com/), its Twitter feed (@TheTradeDesk), LinkedIn page (https://www.linkedin.com/company/the-trade-desk/), Facebook page (https://www.facebook.com/TheTradeDesk/) and Jeff Green's LinkedIn profile (https://www.linkedin.com/in/jefftgreen/) as a means of disclosing information about the company and for complying with its disclosure obligations under Regulation FD. The information that is posted through these channels may be deemed material. Accordingly, investors should monitor these channels in addition to The Trade Desk's press releases, SEC filings, public conference calls and webcasts.

    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.

    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 amount, timing and sources of funding for the Company's share repurchase program. 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 relatively limited operating history, 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.

    THE TRADE DESK, INC.

    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

    (Amounts in thousands, except per share amounts)

    (Unaudited)

     

    Three Months Ended

    March 31,

     

     

    2024

     

     

     

    2023

     

    Revenue

    $

    491,253

     

     

    $

    382,803

     

    Operating expenses (1):

     

     

     

    Platform operations

     

    103,630

     

     

     

    84,867

     

    Sales and marketing

     

    121,725

     

     

     

    97,222

     

    Technology and development

     

    107,686

     

     

     

    93,710

     

    General and administrative

     

    129,555

     

     

     

    130,312

     

    Total operating expenses

     

    462,596

     

     

     

    406,111

     

    Income (loss) from operations

     

    28,657

     

     

     

    (23,308

    )

    Total other income, net

     

    (17,376

    )

     

     

    (13,700

    )

    Income (loss) before income taxes

     

    46,033

     

     

     

    (9,608

    )

    Provision for (benefit from) income taxes

     

    14,373

     

     

     

    (18,934

    )

    Net income

    $

    31,660

     

     

    $

    9,326

     

    Earnings per share:

     

     

     

    Basic

    $

    0.06

     

     

    $

    0.02

     

    Diluted

    $

    0.06

     

     

    $

    0.02

     

    Weighted-average shares outstanding:

     

     

     

    Basic

     

    488,551

     

     

     

    489,712

     

    Diluted

     

    498,192

     

     

     

    499,795

     

    ___________________________

    (1) Includes stock-based compensation expense as follows:

    THE TRADE DESK, INC.

    STOCK-BASED COMPENSATION EXPENSE

    (Amounts in thousands)

    (Unaudited)

     

     

    Three Months Ended

    March 31,

     

     

    2024

     

     

    2023

     

     

     

     

    Platform operations

    $

    5,555

     

    $

    3,946

    Sales and marketing

     

    20,292

     

     

    14,123

    Technology and development

     

    27,974

     

     

    20,867

    General and administrative (1)

     

    56,799

     

     

    74,534

    Total

    $

    110,620

     

    $

    113,470

    ___________________________

    (1) Includes stock-based compensation expense related to a long-term CEO performance grant of $36 million and $60 million for the three months ended March 31, 2024 and 2023, respectively.

    THE TRADE DESK, INC.

    CONDENSED CONSOLIDATED BALANCE SHEETS

    (Amounts in thousands)

    (Unaudited)

     

     

    As of March 31,

    2024

     

    As of December 31,

    2023

    ASSETS

     

     

     

    Current assets:

     

     

     

    Cash and cash equivalents

    $

    918,200

     

    $

    895,129

    Short-term investments, net

     

    501,360

     

     

    485,159

    Accounts receivable, net

     

    2,619,280

     

     

    2,870,313

    Prepaid expenses and other current assets

     

    57,579

     

     

    63,353

    Total current assets

     

    4,096,419

     

     

    4,313,954

    Property and equipment, net

     

    150,551

     

     

    161,422

    Operating lease assets

     

    201,859

     

     

    197,732

    Deferred income taxes

     

    154,849

     

     

    154,849

    Other assets, non-current

     

    60,119

     

     

    60,730

    Total assets

    $

    4,663,797

     

    $

    4,888,687

     

     

     

     

    LIABILITIES AND STOCKHOLDERS' EQUITY

     

     

     

    Current liabilities:

     

     

     

    Accounts payable

    $

    2,094,855

     

    $

    2,317,318

    Accrued expenses and other current liabilities

     

    131,287

     

     

    137,996

    Operating lease liabilities

     

    57,208

     

     

    55,524

    Total current liabilities

     

    2,283,350

     

     

    2,510,838

    Operating lease liabilities, non-current

     

    180,456

     

     

    180,369

    Other liabilities, non-current

     

    33,436

     

     

    33,261

    Total liabilities

     

    2,497,242

     

     

    2,724,468

     

     

     

     

    Stockholders' equity:

     

     

     

    Preferred stock

     

    —

     

     

    —

    Common stock

     

    —

     

     

    —

    Additional paid-in capital

     

    2,063,311

     

     

    1,967,265

    Retained earnings

     

    103,244

     

     

    196,954

    Total stockholders' equity

     

    2,166,555

     

     

    2,164,219

    Total liabilities and stockholders' equity

    $

    4,663,797

     

    $

    4,888,687

    THE TRADE DESK, INC.

    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

    (Amounts in thousands)

    (Unaudited)

     

     

    Three Months Ended March 31,

     

     

    2024

     

     

     

    2023

     

    OPERATING ACTIVITIES:

     

     

     

    Net income

    $

    31,660

     

     

    $

    9,326

     

    Adjustments to reconcile net income to net cash provided by operating activities:

     

     

     

    Depreciation and amortization

     

    21,742

     

     

     

    19,293

     

    Stock-based compensation

     

    110,620

     

     

     

    113,470

     

    Noncash lease expense

     

    12,751

     

     

     

    11,917

     

    Provision for expected credit losses on accounts receivable

     

    40

     

     

     

    316

     

    Other

     

    1,125

     

     

     

    (1,310

    )

    Changes in operating assets and liabilities:

     

     

     

    Accounts receivable

     

    238,147

     

     

     

    258,165

     

    Prepaid expenses and other current and non-current assets

     

    3,331

     

     

     

    (5,481

    )

    Accounts payable

     

    (220,196

    )

     

     

    (200,701

    )

    Accrued expenses and other current and non-current liabilities

     

    (104

    )

     

     

    (4,309

    )

    Operating lease liabilities

     

    (13,644

    )

     

     

    (13,113

    )

    Net cash provided by operating activities

     

    185,472

     

     

     

    187,573

     

    INVESTING ACTIVITIES:

     

     

     

    Purchases of investments

     

    (159,731

    )

     

     

    (144,721

    )

    Maturities of investments

     

    147,794

     

     

     

    126,731

     

    Purchases of property and equipment

     

    (7,224

    )

     

     

    (9,156

    )

    Capitalized software development costs

     

    (1,958

    )

     

     

    (1,467

    )

    Net cash used in investing activities

     

    (21,119

    )

     

     

    (28,613

    )

    FINANCING ACTIVITIES:

     

     

     

    Repurchases of Class A common stock

     

    (125,280

    )

     

     

    (291,534

    )

    Proceeds from exercise of stock options

     

    10,804

     

     

     

    10,365

     

    Taxes paid related to net settlement of restricted stock awards

     

    (26,806

    )

     

     

    (15,595

    )

    Net cash used in financing activities

     

    (141,282

    )

     

     

    (296,764

    )

    Increase (decrease) in cash and cash equivalents

     

    23,071

     

     

     

    (137,804

    )

    Cash and cash equivalents—Beginning of period

     

    895,129

     

     

     

    1,030,506

     

    Cash and cash equivalents—End of period

    $

    918,200

     

     

    $

    892,702

     

    Non-GAAP Financial Metrics

    (Amounts in thousands, except per share amounts)

    The following tables show the Company's non-GAAP financial metrics reconciled to the comparable GAAP financial metrics included in this release.

     

     

    Three Months Ended

    March 31,

     

     

    2024

     

     

     

    2023

     

     

     

     

     

    Net income

    $

    31,660

     

     

    $

    9,326

     

    Add back (deduct):

     

     

     

    Depreciation and amortization expense

     

    21,742

     

     

     

    19,293

     

    Stock-based compensation expense

     

    110,620

     

     

     

    113,470

     

    Interest income, net

     

    (16,661

    )

     

     

    (14,423

    )

    Provision for (benefit from) income taxes

     

    14,373

     

     

     

    (18,934

    )

    Adjusted EBITDA

    $

    161,734

     

     

    $

    108,732

     

     

     

     

     

     

    Three Months Ended

    March 31,

     

     

    2024

     

     

     

    2023

     

    GAAP net income

    $

    31,660

     

     

    $

    9,326

     

    Add back (deduct):

     

     

     

    Stock-based compensation expense

     

    110,620

     

     

     

    113,470

     

    Adjustment for income taxes

     

    (11,412

    )

     

     

    (8,299

    )

    Non-GAAP net income

    $

    130,868

     

     

    $

    114,497

     

     

     

     

     

    GAAP diluted earnings per share

    $

    0.06

     

     

    $

    0.02

     

     

     

     

     

    GAAP weighted-average shares outstanding—diluted

     

    498,192

     

     

     

    499,795

     

     

     

     

     

    Non-GAAP diluted earnings per share

    $

    0.26

     

     

    $

    0.23

     

     

     

     

     

    Non-GAAP weighted-average shares used in computing Non-GAAP earnings per share, diluted

     

    498,192

     

     

     

    499,795

     

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240508315722/en/

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      Expanded Partnership Helps Advertisers Unlock Closed-Loop Measurement on the Open Internet with Seamless Access to Instacart Retail Data, In-Flight Optimization SAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced an expanded partnership with The Trade Desk (NASDAQ:TTD), a global advertising technology leader, to improve programmatic campaign performance on the open internet with retail media data. Instacart is the first U.S. retail media network to integrate its grocery selection with The Trade Desk platform for streamlined self-service use cases, enabling approved advertisers and agencies to build fir

      6/10/25 9:00:00 AM ET
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    • EDO and The Trade Desk Bring New CTV Measurement Approach to Programmatic Media Buying

      For the first time, advertisers can measure and optimize CTV campaign effectiveness using EDO's syndicated outcomes data in a programmatic platform EDO, the TV outcomes company, today announced the integration of its Convergent TV measurement with global advertising technology leader The Trade Desk (NASDAQ:TTD). The partnership marks the first time advertisers on The Trade Desk platform can access EDO's investment-grade data across all brand categories. The new solution empowers advertisers to measure and optimize their convergent TV investments within existing workflows. Agency and brand marketers can now seamlessly access EDO's predictive mid-funnel outcomes — such as brand searches a

      6/10/25 6:01:00 AM ET
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    • The Trade Desk to Launch Deal Desk – A Revolutionary Approach to Understanding and Managing Digital Advertising Deal Performance

      Global advertising technology leader The Trade Desk (NASDAQ:TTD) today announced Deal Desk, a transformational new pillar of its Kokai platform that enables advertisers to manage their strategic one-to-one deals and upfront commitments with publishers. Deal Desk gives both advertisers and publishers unprecedented transparency and insight into the performance, quality, and pacing of their deals, and showcases premium internet alternatives when deals underperform. Digital advertising deals between advertisers and publishers, as well as inventory aggregators, command a large percentage of programmatic spend, but today many deals underperform thanks to lack of visibility into impression quali

      6/9/25 12:00:00 PM ET
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    • Citigroup reiterated coverage on The Trade Desk with a new price target

      Citigroup reiterated coverage of The Trade Desk with a rating of Buy and set a new price target of $90.00 from $82.00 previously

      7/1/25 8:38:14 AM ET
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    • The Trade Desk upgraded by Evercore ISI with a new price target

      Evercore ISI upgraded The Trade Desk from In-line to Outperform and set a new price target of $90.00

      6/27/25 7:45:27 AM ET
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    • The Trade Desk downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded The Trade Desk from Overweight to Equal Weight and set a new price target of $68.00

      6/26/25 7:51:27 AM ET
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    Leadership Updates

    Live Leadership Updates

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    • Vivek Kundra to Join The Trade Desk as Chief Operating Officer

      The Trade Desk, a leading global advertising technology company, today announced the appointment of Vivek Kundra as Chief Operating Officer (COO), effective March 31st. In this role, Kundra will oversee global operations and drive operational excellence across the enterprise. Kundra brings a wealth of experience to The Trade Desk: As an accelerator of operational rigor within high-growth software organizations such as Salesforce, working closely with CEOs to marry operational and growth priorities; and as the United States Government's first Chief Information Officer (CIO). From 2009 until 2011, in his role as the first CIO of the U.S. Government, Kundra led major bi-partisan initiatives t

      3/12/25 4:05:00 PM ET
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    • The Trade Desk Appoints Alex Kayyal to Board of Directors

      Global advertising technology leader The Trade Desk (NASDAQ:TTD) today announced the appointment of Alex Kayyal to its board of directors. Kayyal has extensive experience as an investor, operator, board member and advisor to groundbreaking technology companies. With a strong understanding of how cloud-based services and AI are reshaping the world, he brings valuable insights into scaling high-growth businesses that are transforming industries. Kayyal's relationship with The Trade Desk has spanned over a decade having been an early investor in the company. Kayyal currently serves as a partner at the venture capital firm Lightspeed Venture Partners. He was previously Senior Vice President

      2/12/25 4:05:00 PM ET
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    • The Trade Desk's Chief Strategy Officer, Samantha Jacobson, Joins the Company's Board of Directors

      Global advertising technology leader The Trade Desk (NASDAQ:TTD) today announced that Samantha Jacobson has joined its board of directors. As Chief Strategy Officer and Executive Vice President, Jacobson manages the company's strategic investments, partnerships and cross-functional initiatives to reinforce The Trade Desk's position as an industry leader. "I'm thrilled to have Samantha join our board of directors," said Jeff Green, CEO and Co-Founder, The Trade Desk. "Samantha has played an important role in advancing key strategic initiatives for The Trade Desk over the last three years, including Unified ID 2.0. Her leadership is helping create the new identity fabric of the internet in

      1/17/24 1:30:00 PM ET
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    Financials

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    • The Trade Desk Reports First Quarter 2025 Financial Results

      The Trade Desk, Inc. ("The Trade Desk," the "Company" or "we") (NASDAQ:TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its first quarter ended March 31, 2025. "We delivered strong results in the first quarter, growing revenue 25% year-over-year to $616 million," said Jeff Green, Co-founder and CEO of The Trade Desk. "We're encouraged by the early impact of the strategic upgrades at the company we implemented in Q4, which contributed to our outperformance. 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, trans

      5/8/25 4:01:00 PM ET
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    • The Trade Desk Announces Date of First Quarter 2025 Financial Results and Conference Call

      The Trade Desk, Inc. (NASDAQ:TTD), a provider of a global technology platform for buyers of advertising, today announced that it will release financial results for the first quarter ended March 31, 2025 after the market closes on Thursday, May 8, 2025. The Trade Desk will host a webcast and conference call to discuss First quarter financial results at 2:00 P.M. Pacific Time. Webcast and Conference Call Details When: May 8, 2025 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 c

      4/17/25 4:01:00 PM ET
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    • The Trade Desk Reports Fourth Quarter and Fiscal Year 2024 Financial Results

      The Trade Desk also announced an additional share repurchase authorization, bringing the total amount of authorized future repurchases to $1 billion of its Class A common stock. The Trade Desk, Inc. ("The Trade Desk," the "Company" or "we") (NASDAQ:TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. "The Trade Desk once again outpaced nearly every segment of digital advertising in 2024, delivering $2.4 billion of revenue – marking accelerated growth of 26% year over year – and a record $12 billion of spend on our platform. At the same time, we achieved significant pr

      2/12/25 4:01:00 PM ET
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    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by The Trade Desk Inc.

      SC 13G/A - Trade Desk, Inc. (0001671933) (Subject)

      11/14/24 4:42:28 PM ET
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    • SEC Form SC 13G/A filed by The Trade Desk Inc. (Amendment)

      SC 13G/A - Trade Desk, Inc. (0001671933) (Subject)

      2/13/24 5:16:09 PM ET
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    • SEC Form SC 13G/A filed by The Trade Desk Inc. (Amendment)

      SC 13G/A - Trade Desk, Inc. (0001671933) (Subject)

      2/9/24 12:30:48 PM ET
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