Quarterly ResultMay 7, 2026, 04:12 PM
Trade Desk Q1 Revenue $689M (+12%); GAAP EPS $0.08
AI Summary
The Trade Desk reported Q1 2026 financial results with revenue growing 12% year-over-year to $689 million, driven by strategic upgrades. However, GAAP net income decreased to $40 million ($0.08 EPS) from $51 million ($0.10 EPS) in Q1 2025, and Adjusted EBITDA slightly declined to $206 million. The company maintained strong customer retention and announced new innovations and partnerships, including Koa Agents and OpenAds adoption. For Q2 2026, The Trade Desk expects revenue of at least $750 million and Adjusted EBITDA of approximately $260 million.
Key Highlights
- Q1 2026 Revenue was $689 million, an increase of 12% year-over-year.
- Q1 2026 GAAP Net Income was $40 million, down from $51 million in Q1 2025.
- Q1 2026 GAAP Diluted EPS was $0.08, down from $0.10 in Q1 2025.
- Q1 2026 Adjusted EBITDA was $206 million, compared to $208 million in Q1 2025.
- Customer retention remained over 95% during the first quarter.
- The company repurchased approximately $164 million of Class A common stock in Q1 2026.
- Q2 2026 Revenue is projected to be at least $750 million.
- Q2 2026 Adjusted EBITDA is projected to be approximately $260 million.