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The Trade Desk's Q3 revenue fell 0.5% but beat forecasts by $86M, signaling ongoing challenges.

Company Fundamentals
10 Nov 2026, 17:48 WIB
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Bearish
The Trade Desk's Q3 revenue fell 0.5% but beat forecasts by $86M, signaling ongoing challenges.

The Trade Desk reported a 0.5% decline in third-quarter revenue to $736 million, marking its first year-over-year drop since 2020. Despite the decline, the company beat its own lowered revenue forecast by $86 million, helped by a $15 million contribution from a strategic partner. However, revenue pressures persist due to reduced spending by large advertisers and bigger discounts offered, impacting profitability. The company expects a deeper revenue decline in Q4 and continues workforce cuts to improve margins, with cautious outlook for 2027 growth.

Trade Desk Inc (TTD) shares are trading at USD 15.21 on Pluang as of Nov 10, 2026 23:02 WIB, up 1.88% for the day. Despite the reported revenue decline, investor interest remains strong with 68% of Pluang order activity on the buy side and a market cap of $7.06 billion. The stock is closer to its 52-week low of $11.92 than its high of $44.20, reflecting ongoing market caution.

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