The Trade Desk posts Q3 2026 earnings beat with flat revenue and raises Q4 guidance
+1 new source since this summary was written
The Trade Desk reported third‑quarter 2026 revenue of about $736 million, essentially flat year‑over‑year, and adjusted earnings per share of $0.33, beating analyst expectations. Adjusted EBITDA fell to roughly $266 million, and operating margin slipped, but the company announced Q4 revenue guidance of at least $755 million and adjusted EBITDA of at least $280 million. CEO Jeff Green highlighted platform upgrades and a deeper Netflix integration while noting growth remains below target.
Why it matters
The earnings beat and raised guidance suggest the stock may continue its recent rally, as investors see the beat as a positive signal despite flat top‑line growth (the company’s own press release notes the beat). The higher Q4 outlook may support the share‑repurchase program and could improve cash‑flow expectations for shareholders.
Key facts
- 1Q3 2026 revenue was $735.97 million, essentially flat versus the prior year. 247wallst.com
- 2Adjusted EPS for Q3 2026 was $0.33, beating the consensus estimate of $0.25. 247wallst.com
- 3Adjusted EBITDA for the quarter was $265.84 million, down from $317.48 million a year earlier. 247wallst.com
- 4Operating margin fell to 12.6% from 21.8% YoY. finance.yahoo.com
- 5Q4 2026 revenue guidance is at least $755 million and adjusted EBITDA at least $280 million. 247wallst.com
- 6The board approved an additional $731 million for share repurchases, raising total capacity to $1 billion. 247wallst.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.