The Trade Desk Reports $736 Million Quarterly Revenue, Adds $731 Million to Buyback Plan

The Trade Desk reported third-quarter revenue of $736 million, compared with $739 million a year earlier, and announced a $731 million increase to its share repurchase authorization.

The increase brings the amount available for future repurchases of the advertising-technology company's Class A common stock to $1 billion. An authorization allows future purchases; it does not mean the company has already spent that amount buying back shares.

Net income for the quarter ended September 30 was $38 million, down from $116 million in the same quarter of 2025. Diluted earnings per share were 8 cents, compared with 23 cents a year earlier, according to the company's unaudited results.

For the first nine months of 2026, revenue totaled $2.14 billion, compared with about $2.05 billion in the year-earlier period. Nine-month net income was $142 million, compared with $256 million.

Co-founder and CEO Jeff Green said the quarterly results were ahead of the company's expectations entering the quarter, but that growth remained below the level it expects from itself. The company operates a technology platform used by advertisers to buy digital advertising.