secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001671933-25-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193325000061/0001671933-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193325000061/ttd-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001671933-25-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer