Trade Desk, Inc.
TTDQ3 2024(TTD Q2 FY2024)Estimated10% AI
AI Revenue %
10%
AI Fair Value
$405.8M
AI Revenue (Q)
$58.5M
Total Revenue (Q)
$584.5M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
The Q2 FY2024 10-Q (period ending 6/30/2024) contains no mention of AI, artificial intelligence, machine learning, or Kokai. Single operating segment. Revenue = $584.6M. Strong 26% YoY revenue growth suggests platform value is increasing, potentially aided by Kokai's AI capabilities, but no AI-specific revenue is disclosed. The filing adds mention of 'value-added services and platform features' to its Gross Billings description -- a subtle evolution. Maintaining 10% estimate. $58.5M AI / $584.6M total = 10.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $ 584,550 [thousands]
10-Q for period ending June 30, 2024, Condensed Consolidated Statements of Operations
The Company has one primary business activity and operates in one reportable and operating segment.
10-Q for Q2 FY2024, Note 10 Segment and Geographic Information
The Company generally bills clients for their spend on advertising inventory they purchase through the platform and platform fees, value-added services and platform features (Gross Billings), net of allowances.
10-Q for Q2 FY2024, Note 10 Segment and Geographic Information
AI Products Identified (Ring 1)
Kokai AI bidding engineAI-powered audience targetingPredictive campaign optimization
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 2.0Value-added services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix