The Trade Desk — Third Quarter 2026 Earnings Summary

The Trade Desk reported third-quarter 2026 revenue of $736 million, representing a 0.5% decrease from the prior year, while GAAP net income fell to $38 million. The company announced a $731 million increase to its share repurchase authorization, bringing the total available for future buybacks to $1 billion. Key operational highlights included maintaining customer retention above 95% and launching Kokai Zuma with new agentic AI capabilities. For the fourth quarter of 2026, the company provided guidance for revenue of at least $755 million and adjusted EBITDA of at least $280 million.