Trade Desk, Inc. reported results for the quarter ended 2026 with revenue of $715.06M, up 3% from $694.04M a year earlier, while net income fell to $64.39M and diluted EPS declined to $0.14 versus $0.18 in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$715.06M$694.04M3% | Net income²$64.39M$90.13M(28.6%) | Diluted EPS³$0.14$0.18(22.2%) |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by higher gross spend and increased pricing for value‑added services, supporting a 3% quarter-over-quarter gain and 7% growth year-to-date.
- Growth was concentrated in omnichannel offerings — connected TV (CTV), audio and mobile — and greater use of value‑added data services.
- Platform operating costs rose due to higher query-per-second (QPS) activity, expanding AI workloads, new data center capacity and increased supplier component usage.
- The company increased headcount and incentive compensation in sales, technology and R&D to capture client spend and support AI and new features, which compressed operating margins in the near term.
Original SEC Filing:
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