Filing Flows › Trade Desk (TTD) › Guidance history
Trade Desk (TTD) guidance history: what it guided and what it reported
Trade Desk gave guidance in 12 earnings releases on file since Nov 9, 2023. Of 7 guided periods since reported, it met or beat its own guidance 5 times (71%). Revenue: 5 of 7, on average +1.1% against the guided midpoint.
Revenue
Met or beat 5 of 7 periods (0 above, 5 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $650M (Aug 6, 2026) | — | to be reported | — |
| Q2 2026 | $750M (May 7, 2026) | $715M | below the range | -4.7% |
| Q1 2026 | $678M (Feb 25, 2026) | $689M | met | +1.6% |
| Q4 2025 | $840M (Nov 6, 2025) | $847M | met | +0.8% |
| Q3 2025 | $717M (Aug 7, 2025) | $739M | met | +3.1% |
| Q2 2025 | $682M (May 8, 2025) | $694M | met | +1.8% |
| Q1 2025 | $575M (Feb 12, 2025) | $616M | met | +7.1% |
| Q4 2024 | $756M (Nov 7, 2024) | $741M | below the range | -2.0% |
| Q3 2024 | $618M (Aug 8, 2024) | — | — | — |
| Q2 2024 | $575M (May 8, 2024) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $160M (Aug 6, 2026) | — | to be reported | — |
| Q2 2026 | $260M (May 7, 2026) | — | — | — |
| Q1 2026 | $195M (Feb 25, 2026) | — | — | — |
| Q4 2025 | $375M (Nov 6, 2025) | — | — | — |
| Q3 2025 | $277M (Aug 7, 2025) | — | — | — |
| Q2 2025 | $259M (May 8, 2025) | — | — | — |
| Q1 2025 | $145M (Feb 12, 2025) | — | — | — |
| Q4 2024 | $363M (Nov 7, 2024) | — | — | — |
| Q3 2024 | $248M (Aug 8, 2024) | — | — | — |
| Q2 2024 | $223M (May 8, 2024) | — | — | — |
The latest quarter
Trade Desk, Q2 2026: revenue $715M (+3% year over year), operating margin 14.2%, net earnings $64.4M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
Questions
Does Trade Desk beat its guidance?
Trade Desk gave guidance in 12 earnings releases on file since Nov 9, 2023. Of 7 guided periods since reported, it met or beat its own guidance 5 times (71%). Revenue: 5 of 7, on average +1.1% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.