The news: The Trade Desk delivered a strong first-quarter performance, outpacing Wall Street’s expectations and quelling doubts sparked by its rare miss in the previous quarter.

• The company reported $616 million in revenues for Q1 2025—a 25% increase from the prior year—and $0.33 in adjusted earnings per share, exceeding analyst estimates.
• CEO Jeff Green credited internal shifts made late last year for helping the company “outperform” in what he described as a turbulent start to 2025.
• Key business developments included the acquisition of Sincera, a data insights firm, and the appointment of Salesforce veteran Vivek Kundra as Chief Operating Officer.
• The company also reported expanded adoption of Unified ID 2.0 across Japan, Italy, and the UK, and additional publisher integrations via OpenPath, including Warner Bros. Discovery and The Guardian.

By the numbers:

• Revenues: $616 million, up 25% YoY (vs. $575 million expected)
• Customer retention: Held above 95% for the 11th straight year