Earnings release
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The Trade Desk Reports Second Quarter Financial Results LOS ANGELES -- ( BUSINESS WIRE ) -- August 9 , 2021 -- The Trade Desk , Inc. ( NASDAQ : TTD ) , a provider of a global technology platform for buyers of advertising , today announced financial results for its second quarter ended June 30 , 2021 . " Revenue more than doubled year - over - year to $ 280 million in the second quarter . Our growth speaks to The Trade Desk's position as the default DSP for the open internet . Nowhere is this more apparent than in Connected TV , as more premium streaming inventory becomes available to meet growing marketer demand for data - driven TV advertising , " said Jeff Green , founder and CEO of The Trade Desk . " From a customer perspective , more of the world's leading brands , and their agencies , joined our platform , or expanded their relationship with us . This , and our robust international growth in the second quarter , gives us tremendous optimism moving forward . We also recently launched our new trading platform , Solimar , the biggest product launch in our company's history . Solimar allows advertisers to take advantage of many opportunities in front of them today , with features such as simple and secure onboarding of first - party data ; the industry's most advanced cross - channel measurement marketplace ; and advanced , multi - level goal - setting which allows our KOA AI technology to optimize campaigns for the trader . " Second Quarter 2021 Financial Highlights : The following table summarizes our consolidated financial results for the three and six months ended June 30 , 2021 and 2020 ( $ in millions , except per share amounts ) : GAAP Results Revenue Increase in revenue year over year Net Income Diluted EPS Non - GAAP Results Adjusted EBITDA Adjusted EBITDA Margin Non - GAAP Net Income Non - GAAP Diluted EPS $ $ A A EA $ $ A A $ Three Months Ended June 30 , 2021 280.0 $ 101 % 47.7 0.10 $ $ 117.9 $ 42 % 88.2 0.18 $ A LA $ 2020 139.4 ( 13 ) % 25.1 0.05 14.6 10 % 44.8 0.09 $ $ A A $ $ $ A A $ Six Months Ended June 30 , 2021 499.8 67 % 70.3 0.14 188.4 38 % 158.2 0.32 $ $ A A $ EA Exhibit 99.1 $ A A $ 2020 300.0 7 % 49.2 0.10 53.6 18 % 88.2 0.18