The Trade Desk Expects 2027 Gross Savings to Exceed $100 Million

The Trade Desk expects its roughly 15% workforce reduction to deliver gross savings above $100 million in 2027, while expense growth slows meaningfully that year.

The company also expects product improvements to support growth in 2027. It cited expanded joint business plans and early progress on Zuma workflow improvements as part of its execution efforts.

The Trade Desk recorded third-quarter revenue of about $736 million. The quarter included a benefit from a strategic partner that the company does not expect to recur.

For the fourth quarter, the company set a revenue minimum of $755 million and said it does not expect the usual seasonal uplift. The outlook was included in the company's third-quarter results and outlook.