The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices. It provides data and other value-added services. It serves advertising agencies, advertisers, and other service providers for agencies or advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $688.9M | +11.8% | $40.0M | $0.08 | -20.0% | 73.6% | 9.7% |
| Q4 2025 Dec 2025 | $846.8M | +14.3% | $187.0M | $0.39 | +8.3% | 80.7% | 30.3% |
| Q3 2025 Sep 2025 | $739.4M | — | $115.5M | $0.23 | — | 78.1% | 21.8% |
| Q2 2025 Jun 2025 | $694.0M | — | $90.1M | $0.18 | — | 78.3% | 16.8% |
| Q1 2025 Mar 2025 | $616.0M | — | $50.7M | $0.10 | — | 76.8% | 8.8% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Is HSBC’s stark Trade Desk Downgrade a late reaction to fading growth or the start of a deeper rerating in ad tech? Maik Kemper Editor in Chief Conclusion…
