---
schema_version: "secwatch.filing_event.v1"
accession: "0001671933-25-000061"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:45:34.267835+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Trade Desk Q1 revenue $616M (+25% YoY), EPS $0.10; guides Q2 rev at least $682M

## Summary
- Revenue $616M (+25% YoY), GAAP net income $51M ($0.10 EPS), non-GAAP EPS $0.33.
- Adjusted EBITDA $208M (34% margin); Q2 guidance: rev ≥$682M, Adj. EBITDA ~$259M.
- Appointed Vivek Kundra (ex-Salesforce EVP, former US CIO) as COO.
- Repurchased $386M of common stock in Q1; $631M remaining under authorization.
- Customer retention >95% for 11th year; OpenPath partnered with Warner Bros., Guardian, NY Post (fill rate +8.6x).

## SEC filing metadata
- accession: 0001671933-25-000061
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000167193325000061/0001671933-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000167193325000061/ttd-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001671933-25-000061
- JSON: https://secwatch.observer/filing/0001671933-25-000061.json
- Plain text: https://secwatch.observer/filing/0001671933-25-000061.txt

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