Trade Desk, Inc.
TTDQ3 2023(TTD Q2 FY2023)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$227.6M
AI Revenue (Q)
$32.5M
Total Revenue (Q)
$464.3M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
The Q2 FY2023 10-Q (period ending 6/30/2023) contains no mention of AI, artificial intelligence, machine learning, or Kokai. Single operating segment. Revenue = $464.3M. Kokai was publicly announced in June 2023 as TTD's next-generation AI-powered bidding and optimization engine, but this product announcement is not reflected in the SEC filing. Slight uptick to 7% reflects the market awareness that Kokai had begun rolling out during Q2, providing AI-driven bidding optimization, though adoption was in very early stages. The filing itself provides zero AI-specific revenue disclosure. $32.5M AI / $464.3M total = 7.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $ 464,254 [thousands]
10-Q for period ending June 30, 2023, Condensed Consolidated Statements of Operations
The Company has one primary business activity and operates in one reportable and operating segment.
10-Q for Q2 FY2023, Note 10 Segment and Geographic Information
AI Products Identified (Ring 1)
Kokai AI bidding engine (early rollout)Algorithmic bid optimizationAudience modeling
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Connected TV (CTV) targetingCross-device identity resolutionUnified ID 2.0
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix