---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001709"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:57:38.427932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trade Desk Q3 revenue $493M (+25% YoY), net income $39M; Q4 revenue guided at least $580M

## Summary
- Revenue of $493M for Q3 2023, up 25% year-over-year from $395M.
- GAAP net income of $39M ($0.08 diluted EPS) vs $16M ($0.03 EPS) in prior year.
- Non-GAAP diluted EPS of $0.33, up from $0.26 in Q3 2022.
- Q4 2023 guidance: revenue at least $580M and adjusted EBITDA approximately $270M.
- Repurchased $90M of Class A common stock in Q3; customer retention over 95% for nine consecutive years.

## SEC filing metadata
- accession: 0001157523-23-001709
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/0001157523-23-001709-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/a53793438.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001709
- JSON: https://secwatch.observer/filing/0001157523-23-001709.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001709.txt

## Key facts
- Earnings Releases
  Trade Desk, Inc. reported Fourth Quarter 2023 results: revenue at least $580 million. Guidance initiated.
  - Period: Fourth Quarter 2023
  - Revenue: at least $580 million
  - Guidance: initiated
  - Result: guidance update
  source text: Fourth Quarter 2023 outlook summary: Revenue at least $580 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/0001157523-23-001709-index.htm
- Earnings Releases
  Trade Desk, Inc. reported its third quarter ended September 30, 2023 results: revenue $493 million, net income $39, EPS $0.08.
  - Period: its third quarter ended September 30, 2023
  - Revenue: $493 million
  - Net income: $39
  - EPS: $0.08
  - Result: reported results
  source text: buyers of advertising, today announced financial results for its third quarter ended September 30, 2023. “Q3 was a strong quarter for The Trade Desk as we delivered revenue of $493 million, accelerating growth to 25%. This performance underlines the premium that advertisers are placing on precision, agility and transparency as they seek to maximize returns from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1671933/000115752323001709/0001157523-23-001709-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.