The Trade Desk (TTD) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the current quarter. The growth rate was consistent with the pace seen in the prior quarter and the same quarter last year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the current quarter. The growth rate was consistent with the pace seen in the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$605.8M
Revenue reported for this quarter.
Quarter-over-quarter
+22.8%
Change from the immediately preceding quarter.
Year-over-year
+23.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $382.8M | +21.4% |
| Jun 30, 2023 | $464.3M | +23.2% |
| Sep 30, 2023 | $493.3M | +24.9% |
| Dec 31, 2023 | $605.8M | +23.4% |
Revenue performance
The reported revenue reflects a rise from the preceding quarter. It also grew compared with the same quarter a year earlier.
Quarterly comparison
The quarter’s revenue increase was slightly lower than the change observed in the immediately preceding quarter. The year-over-year growth was similar to the rate reported in the same quarter of the prior year.
What to watch
The filing notes share repurchase activity during the quarter but provides no additional revenue context.