secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001671933-26-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000009/0001671933-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000009/ttd-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001671933-26-000009

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