---
schema_version: "secwatch.filing_event.v1"
accession: "0001671933-26-000009"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:20:43.985844+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001671933-26-000009
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000167193326000009/0001671933-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000167193326000009/ttd-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001671933-26-000009
- JSON: https://secwatch.observer/filing/0001671933-26-000009.json
- Plain text: https://secwatch.observer/filing/0001671933-26-000009.txt

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