Particle.news

Download on the App Store

The Trade Desk Stock Plunges 40% on Slower Growth Forecast and CFO Exit

Tariff uncertainty coupled with competition from Amazon has dampened advertiser spending, prompting cautious guidance, a CFO transition, steep stock losses, erasing more than $12 billion in market value.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. REUTERS/Jeenah Moon/File photo
Image
Image

Overview

  • The Trade Desk reported Q2 revenue of $694 million, up 19% year-over-year and slightly above analyst estimates.
  • Management forecast Q3 revenue of at least $717 million, signaling a slowdown from Q1’s 25% growth to roughly 14% year-over-year.
  • Alex Kayyal will succeed Laura Schenkein as CFO on August 21, with Schenkein moving to a non-executive director role.
  • Shares tumbled nearly 40% in a single session, marking the steepest intraday decline in the company’s history.
  • CEO Jeff Green attributed the cautious outlook to tariff uncertainty and intensified pressure from Amazon’s growing demand-side platform.