Trade Desk expects Q3 revenue at least $650M as it launches Zuma usability upgrade (NASDAQ:TTD)
Trade Desk (TTD) Q2 2026 earnings call recap: Q2 results, Q3 revenue/EBITDA outlook, macro & execution issues, and Kokai/Zuma updatesâread now.
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Trade Desk (TTD) Q2 2026 earnings call recap: Q2 results, Q3 revenue/EBITDA outlook, macro & execution issues, and Kokai/Zuma updatesâread now.
Trade Desk expects Q3 revenue at least $650M as it launches Zuma usability upgrade (NASDAQ:TTD) | Seeking Alpha
Earnings Call Insights: The Trade Desk (TTD) Q2 2026
Management View
"Our revenue growth is below our expectations and below the standard we hold ourselves to," said CEO Jeffrey Green, adding that the company "underperformed our own expectations for two main reasons"â"the macro
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Quick Insights
What caused The Trade Desk's revenue growth shortfall in Q2?
Revenue growth fell short due to macro pressures (notably in autos and CPG tied to tariffs, oil prices, and cheaper media buying) and internal execution gaps.
How is The Trade Desk responding to execution and macro challenges?
Management is prioritizing product upgrades like Kokai via Zuma, enhancing measurement, expanding Audience Unlimited, and tightening investment discipline, while addressing new leadership integration.
What is The Trade Desk's financial guidance and outlook for Q3?
Guidance projects at least $650 million in revenue and about $160 million in adjusted EBITDA, with limited visibility and conservative assumptions about the market environment.
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