The Trade Desk, Inc.'s Stock Analysis

The Trade Desk Stockholders Approve Key Amendments and Proposals

On September 16, 2025, stockholders of The Trade Desk, Inc. approved significant amendments to the company's articles of incorporation and bylaws during a special meeting. The amendments include a new date of December 22, 2035, for the automatic conversion of all Class B Common Stock into Class A Common Stock and a provision to waive jury trials for internal actions in line with Nevada law updates. The amendments became effective upon filing with the Nevada Secretary of State on the same day.

The special meeting had a quorum with 356,794,733 shares represented out of 488,925,177 total shares outstanding. Stockholders voted on two proposals, with Proposal 1 receiving majority approval, allowing the amendments to proceed. Proposal 2, which related to adjournments for additional proxy solicitation, was also approved, but was not needed as Proposal 1 passed. No additional items were presented for approval at this meeting.

Sep 17, 2025 16:03:20

The Trade Desk Reports Q2 2025 Financial Results and Leadership Changes

The Trade Desk, Inc. reported financial results for the second quarter of 2025, with revenue reaching $694 million, representing a 19% increase year-over-year. The company maintained a customer retention rate of over 95% for the past 11 years. Significant innovations were highlighted, including advancements in their platform and partnerships to support Unified ID 2.0, aimed at enhancing user privacy and advertising effectiveness. Additionally, the company repurchased $261 million of its Class A common stock and has $375 million remaining authorized for repurchases.

The Board of Directors appointed Omar Tawakol as a Class II director, effective August 11, 2025. Tawakol, who has a strong background in advertising technology and AI, will receive annual compensation of $50,000 and an initial equity grant valued at $290,000. Alex Kayyal was also appointed as Chief Financial Officer, effective August 21, 2025, bringing extensive experience in technology and investment. The company provided a revenue outlook for Q3 2025, estimating at least $717 million, along with an adjusted EBITDA of approximately $277 million.

Aug 07, 2025 16:21:29

The Trade Desk Appoints New CFO Amid Leadership Transition

Laura Schenkein, the current Chief Financial Officer of The Trade Desk, will transition out of her role effective August 21, 2025, as part of a planned departure by the end of the year. She will remain with the company as a non-executive officer during this transition and will assist her successor, Alexander Kayyal, in taking over responsibilities. Kayyal, who has been a member of the Board of Directors since February 2025, brings extensive experience from his previous roles at Salesforce and Lightspeed Venture Partners.

As part of his new role, Kayyal will receive a base salary of $600,000, an annual bonus target of $600,000, and a signing bonus of $600,000. His employment agreement also includes a relocation benefit of $400,000 and a substantial equity package valued at $15 million. The transition is expected to support the company’s long-term financial and investment strategy, with Kayyal reporting directly to CEO Jeff Green. Schenkein’s contributions over her decade-long tenure are acknowledged as significant to the company's growth.

Aug 07, 2025 16:07:48

The Trade Desk Reports 25% Revenue Growth in Q1 2025

The Trade Desk, Inc. announced its financial results for the first quarter of 2025, reporting a revenue of $616 million, a 25% increase compared to the previous year. The company's net income also rose to $51 million, resulting in a net income margin of 8%. The company maintained a customer retention rate of over 95% and highlighted the recent appointment of Vivek Kundra as Chief Operating Officer to enhance operational excellence as it continues to expand its market presence in data-driven advertising.

In addition to its financial performance, The Trade Desk is actively supporting Unified ID 2.0, a new industry standard for identity management, and has formed partnerships with various publishers to enhance advertising effectiveness. The company repurchased $386 million of its Class A common stock during the quarter and announced a revenue outlook of at least $682 million for the second quarter of 2025. The financial results and strategic initiatives may influence investor sentiment and stock performance moving forward.

May 08, 2025 16:11:38

Vivek Kundra Appointed COO of The Trade Desk Effective March 31

The Trade Desk has announced the appointment of Vivek Kundra as Chief Operating Officer, effective March 31, 2025. Kundra brings extensive experience from his previous roles, including as the first Chief Information Officer of the U.S. Government, where he managed significant technology investments and led initiatives to improve government operations. His leadership at Salesforce contributed to a substantial revenue increase, showcasing his capability in driving operational excellence and growth.

The Trade Desk has experienced notable growth in revenue, personnel, and global reach in recent years. CEO Jeff Green emphasized the need for operational rigor to maximize the company's potential, expressing enthusiasm for Kundra's alignment with their long-term objectives. Kundra's background includes leadership positions at other software companies, but the press release does not specify any potential challenges or concerns related to his appointment.

Mar 12, 2025 16:12:16

The Trade Desk Reports $2.4 Billion Revenue for 2024

The Trade Desk reported a revenue of $2.4 billion for the fiscal year 2024, reflecting a growth of 26% year-over-year. The company also achieved a record $12 billion in gross spend on its platform and maintained a high customer retention rate of over 95%. Additionally, they announced a new share repurchase authorization totaling $1 billion, indicating confidence in their financial position. The company has also made significant advancements in technology with the introduction of the Ventura Operating System and the acquisition of Sincera, a digital advertising data company.

However, the company expressed disappointment in not meeting its own expectations for the fourth quarter. Despite the overall positive financial performance, there were challenges, including a decline in net income margin from 16% to 25% in the fourth quarter compared to the previous year. The Trade Desk also faced increased operating expenses, which may have affected their profitability. The CEO mentioned a reorganization aimed at enhancing opportunities in various advertising segments, indicating a need for strategic adjustments to address market demands.

Feb 12, 2025 16:13:08

The Trade Desk Completes Reincorporation to Nevada Approval

The Trade Desk has successfully received stockholder approval for its reincorporation from Delaware to Nevada during a special meeting held on November 14, 2024. This decision is part of the company's strategic moves and was detailed in a proxy statement filed earlier with the SEC, indicating a significant governance change for the company.

While the press release primarily focuses on the reincorporation approval, it does not provide additional financial metrics or performance updates. The lack of detailed financial information may leave some stakeholders wanting more insight into the company's current financial health and future plans.

Nov 18, 2024 06:10:00

The Trade Desk Reports $628 Million Revenue in Q3 2024

The Trade Desk announced a revenue of $628 million for the third quarter of 2024, marking a 27% increase compared to the previous year. The company's net income also saw significant growth, reaching $94 million, which represents a net income margin of 15%. Customer retention rates remained high at over 95%, and the company is experiencing positive momentum in areas like connected TV (CTV) advertising and retail media. Additionally, The Trade Desk has been recognized with multiple industry awards, underscoring its strong market position.

On the downside, the company reported an increase in operating expenses, totaling $519 million, which could raise concerns about cost management. Although the company is actively repurchasing its stock, the impact of stock-based compensation on net income remains notable. Furthermore, the press release included information about financial guidance for the fourth quarter, but did not provide specific details on GAAP net income, which may leave some investors seeking clarity on future earnings.

Nov 07, 2024 16:09:20

The Trade Desk Reports Strong Q2 2024 Financial Growth

The Trade Desk achieved impressive results in Q2 2024, with revenue increasing by 26% year-over-year to $585 million and a net income of $85 million. The company maintains a strong customer retention rate above 95%. Key partnerships in Connected TV and support for Unified ID 2.0 highlight its growth strategy. However, no share repurchases occurred in the quarter, despite having $575 million authorized for this purpose. The outlook for Q3 2024 remains positive, expecting revenue of at least $618 million.

Aug 08, 2024 16:10:06

The Trade Desk Q1 2024 Financial Results and Positive Business Highlights

The Trade Desk reports a strong Q1 with $491 million revenue, 28% YoY growth, and net income of $32 million. The company boasts high customer retention, significant CTV partnerships, and support for UID2 for better targeting. They also highlight OpenPath and OpenPass initiatives and industry recognitions. Share repurchases of $125 million occurred. Second quarter outlook includes revenue of at least $575 million and adjusted EBITDA around $223 million.

May 08, 2024 16:07:59