The Trade Desk announced both Q4 and full-year revenue beats for 2025 earlier today, but a perceieved weakness in its accompanying revenue guidance for the current trading period meant its stock was down in the early hours after the bell.
The latest numbers came amid a glut of trading updates from the publicly-listed ad tech cohort – Magnite and Taboola also issued their earnigns for the period – with all eyes on the indsutry’s largest independent demand-side platform given the previous 12 months saw its stock price drop by two-thirds.
The Trade Desk announced revenues of $2.9 billion during 2025, up 18% year on year, with $847 million of that total generated during the closing quarter of the year, up 14%, with both sets of numbers beating earlier expectations.
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