---
schema_version: "secwatch.filing_event.v1"
accession: "0001671933-26-000053"
form_type: "8-K"
ticker: "TTD"
cik: "0001671933"
company_name: "Trade Desk, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:50:37.104850+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trade Desk Q1 revenue up 12% to $689M; GAAP EPS $0.08, non-GAAP $0.28; Q2 guidance $750M

## Summary
- Q1 revenue $689M (+12% YoY); GAAP net income $40M ($0.08 diluted EPS), down from $51M ($0.10) YoY.
- Non-GAAP adjusted EBITDA $206M (30% margin), down from $208M (34%) YoY; non-GAAP EPS $0.28 vs $0.33.
- Customer retention >95% for over a decade; share repurchases $164M in Q1, $327M remaining authorized.
- Q2 2026 guidance: revenue at least $750M, adjusted EBITDA approximately $260M.
- Board appointed Drew Vollero; new product announcements include Koa Agents and OpenTTD.

## SEC filing metadata
- accession: 0001671933-26-000053
- form_type: 8-K
- ticker: TTD
- cik: 0001671933
- company_name: Trade Desk, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671933/000167193326000053/0001671933-26-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671933/000167193326000053/ttd-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001671933-26-000053
- JSON: https://secwatch.observer/filing/0001671933-26-000053.json
- Plain text: https://secwatch.observer/filing/0001671933-26-000053.txt

## Source-grounded claims
- claim_id: a6382f5ba9705444be379883a14f76f387ab1064
  claim: Trade Desk, Inc. reported first quarter ended March 31, 2026 results: revenue $689 million, net income $40 million, EPS $0.08. Guidance reaffirmed.
  evidence_excerpt: buyers of advertising, today announced financial results for its first quarter ended March 31, 2026. “Q1 was another strong quarter for The Trade Desk, with revenue growing to $689 million, representing 12% year-over-year growth,” said Jeff Green, CEO and Co-Founder of The Trade Desk. “We’re encouraged by the impact of the strategic upgrades we’ve been making
  evidence_url: https://www.sec.gov/Archives/edgar/data/1671933/000167193326000053/0001671933-26-000053-index.htm

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