secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001671933-26-000053
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000053/0001671933-26-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000053/ttd-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001671933-26-000053

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