Trade Desk Q4 revenue rises 14%, slightly beats estimates

The Trade Desk

25/02/2026 21:09

Overview

Advertising tech platform's Q4 revenue rose 14% yr/yr, slightly beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company announced additional $350 mln share repurchase authorization

Outlook

Company expects Q1 2026 revenue of at least $678 mln

Trade Desk projects Q1 2026 adjusted EBITDA of approximately $195 mln

Company focuses on capturing greater share of global ad market in 2026

Result Drivers

STRONG CUSTOMER RETENTION - Customer retention remained over 95% for the twelfth consecutive year, supporting revenue growth

NEW INNOVATIONS - Introduction of PubDesk and integration with Intuit SMB MediaLab audiences contributed to platform enhancements

Company press release: ID:nBw2DWLlCa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$847 mln
$840.19 mln (31 Analysts)
Q4 Adjusted EPS
Beat
$0.59
$0.58 (18 Analysts)
Q4 EPS
$0.39
Q4 Net Income
$187 mln
Q4 Adjusted EBITDA Margin
47.00%
Q4 EBIT
$256.87 mln
Q4 Pretax Profit
$270.27 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 15 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Trade Desk Inc is $51.50, about 106.5% above its February 24 closing price of $24.94

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)