**The Trade Desk, Inc. (TTD) reported strong fourth-quarter and full-year 2025 results, yet saw its stock plummet 15% in after-hours trading. The company’s Q4 adjusted earnings per share reached $0.59, surpassing the $0.58 estimate, while net income rose to $187 million from $182 million a year earlier, and revenues increased by 14% to $847 million. For the full year, TTD recorded a net income of $443 million and annual revenues of $2.9 billion, reflecting an 18% year-over-year growth.**
**Despite these positive results, TTD’s first-quarter 2026 revenue guidance of $678 million indicates a slowdown in growth momentum, exacerbated by declining net income margins—down to 22% from 25% a year ago. The company faces ongoing leadership changes, currently operating with an interim CFO, which may negatively affect investor sentiment. As a result, TTD has a Zacks Rank of #4 (Sell), amid broader concerns in the ad tech sector.**
