TTD · 8-K · 20260806PR000085

Guidance and Outlook

Trade Desk, Inc. · 2026-08-06 · Importance 35 · Surprise 60 · In source text

The Trade Desk expects third-quarter 2026 revenue of at least $650 million. The company expects third-quarter adjusted EBITDA of approximately $160 million. The implied adjusted EBITDA margin at the revenue floor is approximately 25%, below the second-quarter 2026 adjusted EBITDA margin of 34%.

Key facts

• Revenue outlook for third quarter 2026: at least $650 million. source
• The Company has not provided an outlook for GAAP net income or reconciliation of Adjusted EBITDA guidance to net income because net income outlook is not available without unreasonable efforts due to variability and complexity with respect to charges including stock-based compensation expense. source

Impact estimates