Trade Desk Q4 rev $847M (+14% YoY); adj EBITDA $400M; adds $350M buyback

Trade Desk, Inc.

2025-FY EPS reported $0.90 revenue$2,896,284,000

Q4 revenue $847M (up 14% YoY); GAAP diluted EPS $0.39; non-GAAP diluted EPS $0.59.
Full year 2025 revenue $2.896B (+18% YoY); non-GAAP EPS $1.77 vs $1.66 in 2024.
Board authorized additional $350M share repurchase, total available $500M; $1.4B repurchased in 2025 at avg $52.60.
Q1 2026 guidance: revenue at least $678M, adjusted EBITDA ~$195M.
Customer retention >95% for 12th consecutive year; 2025 gross spend $13.4B.

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