Trade Desk doubles down on open internet strategy after Q2 2026 results
The Trade Desk reported Q2 2026 revenue of $715 million (up 3% year over year) and GAAP net income of $64 million, with non-GAAP adjusted EBITDA of $241 million. It maintained client retention above 95%, announced multiple partnerships (Dentsu, Booking/Agoda/Kayak/Marriott/Uber/United; Netflix; Samsung Ads) and collaborations with Databricks and Adobe, added senior leadership, spent about $78 million on stock repurchases, and guided Q3 2026 to at least $650 million in revenue and about $160 million in adjusted EBITDA, with no GAAP net income target due to stock-based compensation volatility.












