The Trade Desk (NasdaqGM:TTD) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAlec Brondolo - Director Equity ResearchChris Toth - VP of Investor RelationsJason Helfstein - Managing Director - Head of Internet ResearchJeff Green - CEO, Co-Founder, and Board ChairmanMatthew Swanson - Director Equity ResearchTahnil Davis - Interim CFO and Chief Accounting OfficeYoussef Squali - Managing Director and Head of Internet and Digital Media Research GroupNone - Company RepresentativeConferenc ...

The Trade Desk (NasdaqGM:TTD) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAlec Brondolo - Director Equity ResearchChris Toth - VP of Investor RelationsJason Helfstein - Managing Director - Head of Internet ResearchJeff Green - CEO, Co-Founder, and Board ChairmanMatthew Swanson - Director Equity ResearchTahnil Davis - Interim CFO and Chief Accounting OfficeYoussef Squali - Managing Director and Head of Internet and Digital Media Research GroupNone - Company RepresentativeConferenc ...

The Trade Desk (NasdaqGM:TTD) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker6Greetings. Welcome to The Trade Desk fourth quarter and full year 2025 earnings conference call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star 0 on your telephone keypad. Please note, this conference is being recorded. I will now turn the conference over to ...

Magnite (NasdaqGS:MGNI) Q4 2025 Earnings call February 25, 2026 04:30 PM ET Company ParticipantsDavid Day - CFOMichael Barrett - President and CEONick Kormeluk - Head of Investor RelationsConference Call ParticipantsBarton Crockett - Managing Director, Senior Research AnalystDaniel Kurnos - Equity Research AnalystEric Martinuzzi - Senior Research AnalystJason Kreyer - Senior Research AnalystLaura Martin - Senior AnalystMatthew Swanson - Equity Research AnalystOmar Dessouky - Research AnalystRobert Coolbrith ...

Magnite (NasdaqGS:MGNI) Q4 2025 Earnings call February 25, 2026 04:30 PM ET Company ParticipantsDavid Day - CFOMichael Barrett - President and CEONick Kormeluk - Head of Investor RelationsConference Call ParticipantsBarton Crockett - Managing Director, Senior Research AnalystDaniel Kurnos - Equity Research AnalystEric Martinuzzi - Senior Research AnalystJason Kreyer - Senior Research AnalystLaura Martin - Senior AnalystMatthew Swanson - Equity Research AnalystOmar Dessouky - Research AnalystRobert Coolbrith ...

Financial Data and Key Metrics Changes - In Q4 2025, total revenue was $205 million, up 6% from Q4 2024, with contribution ex-TAC at $195 million, an increase of 8% year-over-year and 16% excluding political [15][16] - Adjusted EBITDA grew 9% to $84 million, resulting in a 43% margin [17][18] - For the full year 2025, contribution ex-TAC totaled $670 million, a year-over-year increase of 10% or 14% excluding political impacts [14][15] - Net income for Q4 was $123 million, significantly up from $36 million in Q4 2024, primarily due to a one-time tax benefit [17][18] Business Line Data and Key Metrics Changes - CTV contribution ex-TAC grew 32% in Q4 2025, reaching 48% of total contribution ex-TAC, while DV+ grew 4% excluding political, but was below expectations [5][14][15] - DV+ contribution ex-TAC was $101 million, a decrease of 1% year-over-year, indicating a shift in spending from DV+ to CTV [16][19] - The contribution ex-TAC mix for Q4 was 48% CTV, 37% mobile, and 15% desktop [16] Market Data and Key Metrics Changes - CTV is now larger than DV+, marking a significant shift in the company's business model towards streaming [5] - The company noted strong growth from major players in the industry, including LG Ads, Netflix, and Paramount, indicating a broad-based adoption of CTV [5][6] - The company observed accelerated budget reallocation from DV+ into CTV, particularly in Q1 2026 [8][12] Company Strategy and Development Direction - The company is focused on capitalizing on the shift towards streaming and programmatic CTV, which is now seen as a dominant form of video consumption [12][13] - The management emphasized the importance of AI and automation in enhancing the advertising marketplace, positioning the company as a foundational player in the future of digital advertising [10][11] - The company plans to return approximately 50% of free cash flow to shareholders through share repurchases, indicating a strong capital allocation strategy [21][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategic position, citing the ongoing shift to CTV and the expected sustained double-digit growth in CTV advertising [12][13] - The company anticipates contribution ex-TAC growth of 8%-10% for Q1 2026, with CTV expected to surpass 50% of total contribution ex-TAC for the first time [22][23] - Management noted that the first quarter is typically the lowest margin quarter, but expects Adjusted EBITDA margin to exceed 35% for the full year 2026 [23] Other Important Information - The company has a cash balance of $553 million and plans to pay off $205 million in convertible notes at maturity [19][20] - The company is actively testing AI capabilities and making strategic investments to improve efficiencies in its platform [24] Q&A Session Summary Question: Sustainability of CTV Growth - Management noted that CTV growth is broad-based and driven by both large advertisers and performance-oriented SMBs, indicating a sustainable trend [26][27] Question: Risk and Client Relationships - Management confirmed that deep integrations with large CTV players enhance client relationships and reduce investment risks [29] Question: CTV vs. Organic Growth - Management indicated that the shift from DV+ to CTV is significant, with both platforms showing growth, but CTV is expected to continue outperforming [33][34] Question: Future Growth Rates - Management expects CTV to sustain high teens to 20% growth rates, while DV+ may face pressure but has emerging growth areas like mobile apps [47][51] Question: AI and Market Impact - Management believes AI will enhance efficiencies in the ad tech sector without significantly compressing take rates, as value creation remains strong [82][84] Question: Open Path and Market Share - Management stated that Open Path has been successfully integrated and is not an existential threat, with no impact on CTV performance [52][53]

Here's a look at the details from the report   TTD stock is moving. Watch the price action here.The Details: The Trade Desk reported quarterly earnings of 59 cents per share, which beat the consensus estimate of 58 cents, according to data from Benzinga Pro.Quarterly sales of $846.79 million beat the Street estimate of $840.46 million and were up from $741.01 million in the same period last year.The Trade Desk reported the following full-year highlights: 2025 gross spend of $13.4 billion.Customer retention ...

Here's a look at the details from the report   TTD stock is moving. Watch the price action here.The Details: The Trade Desk reported quarterly earnings of 59 cents per share, which beat the consensus estimate of 58 cents, according to data from Benzinga Pro.Quarterly sales of $846.79 million beat the Street estimate of $840.46 million and were up from $741.01 million in the same period last year.The Trade Desk reported the following full-year highlights: 2025 gross spend of $13.4 billion.Customer retention ...

Core Insights - Mobiquity Technologies, Inc. and Context Networks are expanding their casino-focused media ecosystem by integrating digital advertising capabilities across a nationwide ATM infrastructure [1][2] Group 1: Strategic Expansion - The initiative transforms high-traffic ATM locations into programmatic digital media assets, significantly extending the network's scale and enhancing advertisers' ability to execute targeted campaigns within key Designated Market Areas (DMAs) [2] - The ATM footprint includes over 120,000 machines operated by thousands of independent operators nationwide, creating substantial incremental digital out-of-home (DOOH) inventory across retail, hospitality, and gaming-adjacent environments [2] Group 2: Enhanced Advertising Reach - The collaboration enables advertisers to reach consumers across multiple high-engagement touchpoints by connecting casino-based media assets with broader ATM placements, increasing network density within targeted markets [3] - This integration enhances the value to advertisers seeking consistent engagement inside and outside the casino environment [4] Group 3: Revenue Growth Potential - The ATM integration enhances the recurring revenue model by adding incremental impressions, programmatic demand access, and measurable analytics across an expanded footprint [5] - As additional operators activate media capabilities, market-level scale is expected to increase, further strengthening advertiser value within targeted DMAs [5] Group 4: Company Profiles - Mobiquity Technologies, Inc. is an advertising and data intelligence company that utilizes AI for programmatic media, audience targeting, and real-time behavioral insights across various platforms [6] - Context Networks is a programmatic advertising platform delivering transparent and efficient advertising solutions for the global gaming industry, focusing on key gaming segments [7]

Q4 2025 Highlights & Supplemental Information February 25, 2026 Investor Relations Aadam Anwar investors@taboola.com Forward-Looking Statements - Disclaimer Certain statements in this presentation are forward-looking statements, including our Q1 2026 and full-year 2026 guidance and our expectations for Realize, our new performance advertising platform. Forward-looking statements generally relate to future events including future financial or operating performance of Taboola.com Ltd. (the "Company"). In some ...