Press release
The Trade Desk Reports Fourth Quarter and Fiscal Year 2021 Financial Results
LOS ANGELES--(BUSINESS WIRE)-- The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced
About this update from The Trade Desk, Inc.
[{"type":"text","content":" LOS ANGELES--(BUSINESS WIRE)--\nThe Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its fourth quarter and fiscal year ended December 31, 2021.\n\n“2021 was a remarkable year for The Trade Desk capped off by record performance in the fourth quarter. The launch of Solimar, our most important new platform to date, along with major progress in areas such as CTV, identity and retail data, enabled us to gain more share of the data-driven advertising market. As a result, we generated nearly $6.2 billion of total spend on our platform, nearly $1.2 billion in revenue and over $500 million in adjusted EBITDA in 2021 as we continue to scale the business with profitable growth. We exceeded our objectives for 2021 and I could not be more excited about the momentum we’re carrying into the first quarter and the year ahead,” said Jeff Green, founder and CEO of The Trade Desk. “We remain committed to creating a better internet that is open, competitive and fair for all participants. Major advertisers and partners around the world are embracing this vision as the global advertising market races toward a $1 trillion TAM. And as a result, more and more of them are gravitating to our platform.”\n\nFourth Quarter and Full Year 2021 Financial Highlights:\n\nThe following table summarizes our consolidated financial results for the quarters and fiscal years ended December 31, 2021 and 2020 ($ in millions, except per share amounts):\n\n\n\n \n\n\n\n \n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n \n\n\n\nYear Ended\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\nDecember 31,\n\n\n\n \n\n\n\n \n\n\n\nDecember 31,\n\n\n\n \n\n\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n\n\nGAAP Results\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nRevenue\n\n\n\n \n\n\n\n$\n\n\n\n395.6\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n319.9\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1,196.5\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n836.0\n\n\n\n \n\n\n\n\n\nIncrease in revenue year over year\n\n\n\n \n\n\n\n \n\n\n\n24\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n48\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n43\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n26\...