𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐥𝐨𝐰𝐬 𝐒𝐡𝐚𝐫𝐩𝐥𝐲 𝐚𝐬 𝐐𝟑 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐢𝐧𝐭𝐬 𝐭𝐨 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐃𝐞𝐜𝐥𝐢𝐧𝐞

$TTD (+0,17%)

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📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬

• Revenue: $715M, +3% YoY

• GAAP EPS: $0.14 vs. $0.18 YoY

• Adj. EPS: $0.34 vs. $0.41 YoY

• Adj. EBITDA: $241M vs. $271M YoY

• Adj. EBITDA Margin: 34% vs. 39% YoY

• Net Income: $64M vs. $90M YoY

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🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞

• Q3 Revenue: At least $650M

• Q3 Adj. EBITDA: Approximately $160M

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📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Revenue growth slowed sharply to 3% YoY from 19% in Q2 2025, while profitability also declined with Adj. EBITDA down 11% YoY

• Customer retention remained above 95%, continuing a streak of more than a decade

• Netflix joined The Trade Desk’s Sellers and Publishers 500+, while new integrations expanded its commerce ecosystem across travel, hospitality and mobility

• Dentsu selected TTD as the first DSP partner for its New Stream Media retail-data offering, while Databricks and Adobe announced new integrations

• TTD repurchased approximately $78M of stock during Q2, with $269M remaining under its authorization

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💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲

“This quarter did not meet the standard we set for ourselves, but it has reinforced our belief that we are focused on the right opportunities for the future. We have a clear understanding of the factors that impacted our performance, and we are taking decisive action to strengthen our execution.” — CEO Jeff Green