LOS ANGELES–(BUSINESS WIRE)– The Trade Desk, Inc. (NASDAQ: TTD), a global technology platform for advertising buyers, today reported its financial outcomes for the fourth quarter and fiscal year ending December 31, 2023.

The Trade Desk once again surpassed nearly all digital advertising sectors in 2023, with a revenue of $1.95 billion reflecting a 23% annual growth and a record spend of $9.6 billion on our platform. Simultaneously, we continue to generate substantial profitability and cash flow, enabling us to stay at the forefront of our industry with innovations like Kokai.

Additionally, The Trade Desk announced a further share repurchase authorization, increasing the total amount of future authorized repurchases to $700 million of its Class A common stock.

Trade desk is up 19.3% in after hours trade, trading at $90.35.