The Trade Desk (TTD) Stock Drops 27% After Revenue Miss and Weak Guidance
TLDR
- Q2 revenue came in at $715M, missing the $752.61M forecast, with growth slowing to just 3% year-over-year
- Adjusted EBITDA of $241M fell well below Wall Street estimates
- Q3 revenue guidance set at $650M, a projected 12% annual decline, the first in the companyโs post-IPO history
- Raymond James downgraded TTD to Underperform; Baird cut to Neutral; Truist and Guggenheim also downgraded
- TTD stock has fallen over 53% year-to-date and is now trading near its 52-week low of $16.70
The Trade Desk posted second-quarter results that landed well below expectations, sending the stock down more than 27% in premarket trading on Friday. TTD was trading around $12.71 in premarket, down from $17.67.
Q2 revenue came in at $715 million against a forecast of $752.61 million. That represents just 3% year-over-year growth, a sharp slowdown from the 18.7% growth recorded in Q2 2025.
TRADE DESK $TTD Q2โ26 EARNINGS HIGHLIGHTS
๐น Revenue: $715M (Est. $751M) ๐ด; +3% YoY
๐น Adj. EPS: $0.34 (Est. $0.40) ๐ด; -17% YoY
๐น EBITDA: $241M (Est. $261M) ๐ด
๐น Adj. Net Income: $158M (Est. $187M) ๐ดโฆ Continue reading the full article at the original source below.
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