The Trade Desk, Inc.: Beat — EPS $0.33, Revenue $735.97M
Earnings BeatQ3 2026 · After-market
Did The Trade Desk, Inc. (TTD) beat earnings today?
Yes, The Trade Desk, Inc. (TTD) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+32.00% surprise
$0.33Actual
Expected: $0.25
vs. year ago -26.7%
Total Revenue+12.98% surprise
$735.97MActual
Expected: $651.44M
vs. year ago -0.5%
Released Nov 09 · 4:01 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $735.97M | $739.43M | -0.5% |
| Net Income | $38.05M | $115.55M | -67.1% |
| GAAP Basic EPS | $0.08 | $0.24 | -66.7% |
| GAAP Diluted EPS | $0.08 | $0.23 | -65.2% |
| Non-GAAP Diluted EPS | $0.33 | $0.45 | -26.7% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Revenue | at least $755M | $691.63MBeat +9.16% |
| Adjusted EBITDA | at least $280M | — |
Q4 2026 Outlook
- Revenue
- Guidanceat least $755MExpected$691.63MBeat +9.16%
- Adjusted EBITDA
- Guidanceat least $280MExpected—
Business Highlights
- ➤Customer retention remained over 95% during the third quarter.
- ➤Introduced Kokai Zuma with agentic AI capabilities and a more intuitive user experience.
- ➤Expanded healthcare integrations with Veeva Crossix and IQVIA Digital.
- ➤Kijiji enabled programmatic activation of Canadian first-party consumer intent data.
- ➤OptimizeRx is bringing authenticated HCP reach through OpenPath.
- ➤LoopMe announced a brand-lift measurement integration with The Trade Desk.
- ➤Netflix expanded its integration, adding data targeting through Kokai beginning in November.
- ➤Expanded Italy CTV access with Pause Ads on HBO Max and Discovery+.
- ➤Gracenote announced its first DSP integration, with show-level CTV targeting and reporting.
- ➤Board approved an additional $731M for share repurchases, totaling $1B available.
- ➤Recognized on Newsweek’s America's Greatest Companies 2026 list.
- ➤Recognized on Business Insider’s America's Most Innovative Businesses 2027 list.
Management Commentary
Jeff Green, Co-Founder and CEO of The Trade Desk
“Q3 represented meaningful progress, with results well ahead of our expectations entering the quarter, but we are still operating below the level of growth we expect from ourselves. We are moving with greater urgency across the company, strengthening how we engage with our largest customers, improving the platform through innovations such as Zuma, Audience Unlimited, agentic AI, and advancing a new approach to measurement designed to help marketers better understand what is actually driving business growth. We have more work to do, but I believe the actions we are taking are improving the underlying trajectory of the business and positioning The Trade Desk for stronger, more durable growth over the long term.”