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Mar 31, 2022
Trade Desk Q1 2022 Earnings Report
The Trade Desk demonstrated strong financial performance in Q1 2022, marked by revenue growth and strategic advancements.
Key Takeaways
The Trade Desk reported a revenue of $315 million for Q1 2022, representing a 43% increase compared to the previous year. The company's growth was driven by the increasing value marketers place on data-driven advertising on the open internet. Despite the revenue growth, the company reported a net loss of $15 million, or $(0.03) per share. Non-GAAP diluted earnings per share was $0.21.
Revenue reached $315 million, a 43% increase year-over-year.
Customer retention remained above 95% for the eighth consecutive year.
The Trade Desk continued to support Unified ID 2.0 through collaborations and partnerships.
The company launched OpenPath to provide advertisers with a direct path to publisher inventory.
Forward Guidance
The Trade Desk anticipates revenue of at least $364 million and Adjusted EBITDA of approximately $121 million for the second quarter of 2022.
Positive Outlook
- Revenue at least $364 million
- Adjusted EBITDA of approximately $121 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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