TTD · News · 20260807N
Guidance and Outlook
Trade Desk, Inc. · 2026-08-07 · Importance 67 · Surprise 76 · No source text
The Trade Desk forecast third-quarter 2026 revenue of at least $650 million, versus $739 million in the year-earlier quarter. The implied year-over-year decline is approximately 12%, compared with 3% growth in the second quarter. The third-quarter outlook assumes no meaningful improvement in the execution and macro pressures identified during the second-quarter earnings call. The forecast was described as materially below Wall Street expectations.
Key facts
- Third-quarter guidance calls for revenue of at least $650 million, down from $739 million a year ago. source
- Second-quarter revenue rose 3% to $715 million, below the company's own guidance of at least $750 million. source
- The company's Q3 guide assumes no meaningful improvement. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | Third-quarter guidance calls for revenue of at least $650 million, down from $739 million a year ago. |
| revenue | positive | realized | — | Second-quarter revenue rose 3% to $715 million, below the company's own guidance of at least $750 million. |