NASDAQ$TTD
Trade Desk Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
The Trade Desk's Q4 2019 financial results were announced, marking a record spend quarter and significant revenue growth.
The Trade Desk reported a record Q4 with spend topping $1 billion, contributing to a 39% revenue increase for the year. The company generated $108.3 million in net income and $213.9 million in adjusted EBITDA for the full year 2019.
- Q4 spend topped $1 billion, a first for the company.
- Full year 2019 revenue grew by 39% to $661 million.
- Customer retention remained above 95% for the past 24 quarters.
- The company officially launched a programmatic ad buying platform in China in March 2019.
Headline financials
Revenue & EPS history
Trade Desk · Revenue · Quarterly
$216M
Forward guidance
The Trade Desk anticipates continued momentum into 2020, expecting gross spend on the platform to accelerate year over year to at least $4.24 billion and revenue to be at least $863 million. Adjusted EBITDA is expected to be $259 million, or 30% of revenue.
Tailwinds
- Gross spend on the platform to accelerate year over year to at least $4.24 billion.
- Revenue to be at least $863 million.
- Adjusted EBITDA to be $259 million, or 30% of revenue.
- Focus on grabbing market share.
- Deepening engagement and strategic importance with customers.
Headwinds
- Variability and complexity with respect to the charges excluded from these non-GAAP measures.
- Measures and effects of stock-based compensation expense that are directly impacted by unpredictable fluctuations in share price.
- Variability of the above charges could have a significant and potentially unpredictable impact on future U.S. GAAP financial results.
- No outlook for GAAP Net income.
- No reconciliation of adjusted EBITDA guidance to net income.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+7.6%
Avg return
Earnings day
+7.0%
Avg return
5 days after
+8.9%
Avg return
30 days after
69%
29 / 42 earnings
Positive
+46.8%
Q1 2018
Best reaction
-33.0%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -17.0% | -12.2% | -16.9% | |
| Q4 2025 | +12.0% | -0.6% | -15.4% | |
| Q3 2025 | -3.2% | -4.6% | -12.7% | |
| Q1 2025 | +18.7% | +32.1% | +19.3% | |
| Q4 2024 | -33.0% | -34.5% | -55.9% | |
| Q3 2024 | +0.3% | +5.1% | +11.5% | |
| Q2 2024 | +16.9% | +15.8% | +18.1% | |
| Q1 2024 | -1.1% | -2.4% | +5.1% | |
| Q4 2023 | +19.7% | +11.1% | +3.2% | |
| Q3 2023 | -18.8% | -14.2% | -10.4% | |
| Q2 2023 | -9.6% | -11.8% | -1.7% | |
| Q1 2023 | +0.6% | -0.2% | +16.3% | |
| Q4 2022 | +26.3% | +20.8% | +17.2% | |
| Q3 2022 | +9.5% | +10.1% | +10.2% | |
| Q2 2022 | +35.1% | +35.5% | +17.1% | |
| Q1 2022 | -3.7% | +15.4% | +16.7% | |
| Q4 2021 | -1.4% | -3.1% | -14.5% | |
| Q3 2021 | +41.6% | +46.4% | +42.8% | |
| Q2 2021 | +4.2% | -3.7% | -14.0% | |
| Q1 2021 | -22.2% | -21.8% | -11.5% | |
| Q4 2020 | +7.0% | -6.3% | -13.2% | |
| Q3 2020 | +29.6% | +11.8% | +42.9% | |
| Q2 2020 | -0.6% | -10.1% | -11.0% | |
| Q1 2020 | +1.1% | -0.5% | +13.5% | |
| Q4 2019 | +7.6% | +4.0% | -25.2% | |
| Q3 2019 | +0.6% | +15.1% | +27.2% | |
| Q2 2019 | +5.7% | +2.9% | -9.4% | |
| Q1 2019 | -17.4% | -16.6% | +10.3% | |
| Q4 2018 | +31.7% | +30.3% | +35.2% | |
| Q3 2018 | -7.1% | -15.0% | +1.3% | |
| Q2 2018 | +39.9% | +45.6% | +55.4% | |
| Q1 2018 | +46.8% | +55.7% | +72.0% | |
| Q4 2017 | +20.3% | +11.5% | +7.1% | |
| Q3 2017 | -17.3% | -23.7% | -26.6% | |
| Q2 2017 | +0.9% | -5.5% | +4.1% | |
| Q1 2016 | +29.4% | +30.3% | +28.2% | |
| Q1 2017 | +29.4% | +30.3% | +28.2% | |
| Q2 2016 | +2.2% | +10.5% | +24.8% | |
| Q4 2016 | +2.2% | +10.5% | +24.8% | |
| Q3 2016 | +10.9% | +10.0% | +19.7% | |
| Q4 2015 | +10.9% | +10.0% | +19.7% | |
| Q3 2015 | +10.9% | +10.0% | +19.7% | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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