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- Securities Litigation (new) — Multiple federal securities class action lawsuits filed alleging false and misleading statements between May 2024 and February 2025.
Trade Desk growth slows to 12% as new securities suits filed; insider control crosses 50%
Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~2 min read
Key Changes
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Revenue growth decelerated sharply to 12% YoY (from 25% prior year) while net income fell 21% and Adjusted EBITDA stagnated, driven by platform operations costs rising 27% and higher data center component prices.
MD&A: Financial Results verify on EDGAR → -
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Three federal securities class actions filed in early 2025 allege false statements between May 2024 and February 2025; two derivative suits followed in March, all seeking unspecified damages.
Legal Proceedings verify on EDGAR → -
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Insider voting power increased from 49.1% to 50.2%, crossing majority control, while Class B sunset extended 10 years to December 2035, entrenching dual-class structure.
Risk Factors: Governance verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify