Press release
The Trade Desk Reports First Quarter 2025 Financial Results
LOS ANGELES--(BUSINESS WIRE)-- The Trade Desk, Inc. (“The Trade Desk,” the “Company” or “we”) (NASDAQ: TTD), a provider of a global technology platform for
About this update from The Trade Desk, Inc.
[{"type":"text","content":" LOS ANGELES--(BUSINESS WIRE)--\nThe Trade Desk, Inc. (“The Trade Desk,” the “Company” or “we”) (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its first quarter ended March 31, 2025.\n\n“We delivered strong results in the first quarter, growing revenue 25% year-over-year to $616 million,” said Jeff Green, Co-founder and CEO of The Trade Desk. “We’re encouraged by the early impact of the strategic upgrades at the company we implemented in Q4, which contributed to our outperformance. As we build on this momentum, we’re optimistic about our ability to continue to outpace the market and deliver increasing value to marketers who prioritize objective, transparent, and data-driven media buying on the open internet.”\n\nMr. Green continued, “Amid increased macro volatility to start the year, 2025 is shaping up as an important time for marketers. Leading marketers are looking for ways to embrace the open internet, where their consumers are spending most of their time, to drive business differentiation and growth. Kokai is giving them more power than ever to accomplish that, in stark contrast to the many limitations of walled gardens. As a result, The Trade Desk is well positioned to help our clients succeed and capture greater share by harnessing the full power of the open internet.”\n\nFirst Quarter 2025 Financial Highlights:\n\nThe following table summarizes the Company’s unaudited consolidated financial results for the three months ended March 31, 2025 and 2024 ($ in millions, except per share amounts):\n\n\n\n \n\n\n\nThree Months Ended\n\n\nMarch 31,\n\n\n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n\n\nGAAP Results\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nRevenue\n\n\n\n$\n\n\n\n616\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n491\n\n\n\n \n\n\n\n\n\nIncrease in revenue year over year\n\n\n\n \n\n\n\n25\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n28\n\n\n\n%\n\n\n\n\n\nNet income\n\n\n\n$\n\n\n\n51\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n32\n\n\n\n \n\n\n\n\n\nNet income margin\n\n\n\n \n\n\n\n8\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n6\n\n\n\n%\n\n\n\n\n\nGAAP diluted earnings per share\n\n\n\n$\n\n\n\n0.10\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n0.06\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\nNon-GAAP Results\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nAdjusted EBITDA\n\n\n\n$\n\n\n...