The Trade Desk (TTD) Revenue — Quarter Ended Mar 31, 2025
Revenue declined from the preceding quarter but rose compared to the same period a year ago. The sequential drop contrasts with the year-over-year growth.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined from the preceding quarter but rose compared to the same period a year ago. The sequential drop contrasts with the year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$616M
Revenue reported for this quarter.
Quarter-over-quarter
-16.9%
Change from the immediately preceding quarter.
Year-over-year
+25.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.6B
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 |
|---|---|---|
| Jun 30, 2024 | $584.6M | +25.9% |
| Sep 30, 2024 | $628M | +27.3% |
| Dec 31, 2024 | $741M | +22.3% |
| Mar 31, 2025 | $616M | +25.4% |
Revenue performance
The reported revenue for the quarter moved lower versus the immediately prior period. Compared to the same quarter last year, revenue was higher.
Quarterly comparison
On a sequential basis, revenue decreased from the previous quarter. On an annual basis, revenue increased from the same quarter one year earlier.
What to watch
The sequential decline in revenue is a notable watch item given the preceding quarter's strong performance.