Trade Desk Q2 2022 Earnings Report
Key Takeaways
The Trade Desk reported a 35% increase in revenue compared to the previous year, demonstrating strong performance in the second quarter. The company continues to gain market share and invest in key growth areas, including identity, Connected TV, retail media, and supply chain optimization.
Revenue grew 35% year-over-year, significantly outpacing worldwide programmatic advertising growth.
Customer retention remained over 95% during the second quarter, consistent with the past eight years.
Continued collaboration and support for Unified ID 2.0 (UID2) with new partnerships and integrations.
Expanded partnerships with companies like Albertsons Media Collective to bring verified-buyer audience and measurement solutions to the platform.
Trade Desk
Trade Desk
Forward Guidance
The Trade Desk anticipates revenue of at least $385 million and adjusted EBITDA of approximately $140 million for the third quarter of 2022.