TTD · News · 20260806N

Operating Income and Margins

Trade Desk, Inc. · 2026-08-06 · Importance 41 · Surprise 48

The Trade Desk generated second-quarter adjusted EBITDA of $241 million, representing a 34% margin. Reported EBITDA margin declined from 39% in the comparable prior-year period to 34%. Net income fell 29% year over year to $64 million, or $0.14 per diluted share. Lower interest income and higher operating expenses were identified as primary contributors to the net-income decline, while execution shortcomings and slower revenue growth pressured profitability.

Key facts

• Quarterly earnings: $0.34 per share, missing the Zacks Consensus Estimate of $0.41 per share; this compares to earnings of $0.41 per share a year ago. source
• Net income decreased by 29% compared to the same period in 2025, primarily due to lower interest income and higher operating expenses. source