"Though its stock price is down about 74% from all-time highs, its underlying business is growing at double-digit rates. Typically reporting its fourth-quarter results in the first few weeks of February, The Trade Desk (TTD 0.73%) is due for a quarterly update soon. Shareholders of the advertising technology company are likely hoping the report can bail them out of dismal performance recently."
"The Trade Desk's third-quarter revenue was $739 million, up 18% year over year. That was a deceleration from 19% growth in Q2 and 26% growth for the full year of 2024. Still, this isn't bad performance -- at least not the type of performance you'd expect from a company with a stock that has lost about three-fourths of its value. The reality is that The Trade Desk's underlying business is actually performing quite well."
The Trade Desk's stock price has declined about 74% from its all-time high and about 55% over the past five years, despite strong underlying business performance. Revenue and earnings have shown durable growth, with third-quarter revenue of $739 million, up 18% year over year. Growth has decelerated from prior quarters but remains in double digits. Customer retention has stayed above 95% for 11 consecutive years, indicating stable demand. Adjusting for elevated political spending in 2024, third-quarter 2025 revenue grew 22% year over year as customers increase ad spend on the company's new AI offerings.
Read at www.fool.com
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