secwatch.observer — SEC 8-K summary
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Issuer:     Trade Desk, Inc. (TTD)
CIK:        0001671933
Form:       8-K
Filed at:   2026-08-06T20:09:47+00:00
Accession:  0001671933-26-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trade Desk Q2 revenue up 3% YoY to $715M; Q3 guidance weak with revenue at least $650M
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- GAAP net income $64M ($0.14 diluted EPS) vs $90M ($0.18) YoY; non-GAAP EPS $0.34 vs $0.41.
- Adjusted EBITDA $241M (34% margin) vs $271M (39%) YoY; Q3 guidance: revenue ≥$650M, Adj. EBITDA ~$160M.
- Customer retention >95% for over a decade; repurchased $78M of stock in Q2, $269M remaining authorization.
- CEO says quarter 'did not meet the standard we set for ourselves'; cites complex environment and decisive actions.
- New partnerships with Dentsu, Databricks, Adobe, Netflix, and Samsung Ads; several executive appointments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000085/0001671933-26-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671933/000167193326000085/ttd-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001671933-26-000085

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