The Trade Desk, Inc. (NASDAQ:TTD) shares dropped in Wednesday’s extended trading after the company released its fourth-quarter earnings report and issued disappointing first-quarter guidance.

Here’s a look at the details from the report   

The Details: The Trade Desk reported quarterly earnings of 59 cents per share, which beat the consensus estimate of 58 cents, according to data from Benzinga Pro.

Quarterly sales of $846.79 million beat the Street estimate of $840.46 million and were up from $741.01 million in the same period last year.

The Trade Desk reported the following full-year highlights:

  • 2025 gross spend of $13.4 billion.
  • Customer retention remained over 95% during the year.

“The Trade Desk delivered $2.9 billion in revenue in 2025 while continuing to generate significant profitability and cash flow,” said Jeff Green, CEO of The Trade Desk.

“We executed against a backdrop of macro uncertainty while making some of the most meaningful upgrades in our company’s history,” Green added.

Outlook: The Trade Desk expects first-quarter revenue expected to be more than $678 million, compared to the $689.48 million analyst estimate.

TTD Stock Price: According to data from Benzinga Pro, The Trade Desk stock fell 14.67% to $21.47 in Wednesday’s extended trading.  

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