---
schema_version: "secwatch.filing_event.v1"
accession: "0001671933-24-000051"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:54:17.180015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trade Desk Q1 revenue $491M (+28% YoY); guides Q2 rev at least $575M

## Summary
- Revenue $491M (+28% YoY); GAAP net income $32M ($0.06 diluted EPS); non-GAAP EPS $0.26.
- Adjusted EBITDA $162M (33% margin) vs $114M (28%) in prior year.
- Q2 2024 guidance: revenue at least $575M, adjusted EBITDA ~$223M.
- Repurchased $125M of Class A common stock in Q1; $575M remaining under authorization.
- Customer retention >95% for tenth consecutive year; CTV partnerships expanded with Disney, NBCU, Roku.

## SEC filing metadata
- accession: 0001671933-24-000051
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2024-05-08T23:59:59+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/1671933/000167193324000051/0001671933-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000167193324000051/ttd-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001671933-24-000051
- JSON: https://secwatch.observer/filing/0001671933-24-000051.json
- Plain text: https://secwatch.observer/filing/0001671933-24-000051.txt

## Key facts
- Earnings Releases
  Trade Desk, Inc. reported first quarter ended March 31, 2024 results: revenue $491 million, net income $32 million, EPS $0.06 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $491 million
  - Net income: $32 million
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: for buyers of advertising, today announced financial results for its first quarter ended March 31, 2024. “Q1 was a strong quarter for The Trade Desk as we delivered revenue of $491 million, accelerating growth to 28% year-over-year. Our outstanding performance to start the year underlines the value advertisers are placing on premium inventory on the open internet
  evidence_url: https://www.sec.gov/Archives/edgar/data/1671933/000167193324000051/0001671933-24-000051-index.htm

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