NASDAQ$TTD

Trade Desk Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Achieved Record Performance in Q4 and Gained Market Share.

The Trade Desk reported a strong fourth quarter and fiscal year 2021, driven by the launch of Solimar and progress in CTV, identity, and retail data. The company exceeded its 2021 objectives and is carrying strong momentum into the first quarter of 2022.

  • Generated nearly $6.2 billion of total spend on the platform in 2021.
  • Customer retention remained over 95% during the fourth quarter and throughout fiscal year 2021.
  • Launched Solimar, a new media trading platform, featuring advanced goals-based media buying and easy first-party-data onboarding.
  • Expanded partnerships with Walmart, Samsung Ads, Xiaomi and NBCUniversal.

Headline financials

Total Revenue

$396M

Previous: $320M+23.7%
EPS (adj)

$0.42

Previous: $0.37+13.5%
Capital Expenditures

$10.9M

Previous: $16.3M-33.4%
Free Cash Flow

$153M

Previous: $151M+0.8%
Net Income

$8.04M

Previous: $152M-94.7%
Operating Income

-$25.4M

Previous: $106M-123.8%
Gross Profit

$329M

Previous: $268M+22.6%
Cash & Equivalents

$754M

Previous: $437M+72.4%
Total Assets

$3.58B

Previous: $2.75B+29.9%
Stock-Based Comp

$205M

Previous: $38M+440.2%

Revenue & EPS history

Trade Desk · Revenue · Quarterly

$396M

Q4 2021+23.7%vs Q4 2020
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Forward guidance

The Trade Desk estimates revenue of at least $303 million and Adjusted EBITDA of approximately $91 million for the first quarter of 2022, assuming the economy continues to recover and there are no major COVID-19 related setbacks.

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 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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