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The Trade Desk, Inc. TTD demonstrated solid cash generation in the third quarter of 2026, supported by profitability and disciplined capital management. The company generated $153 million in free cash flow and $258 million in operating cash flow during the quarter. It ended September with approximately $1.6 billion in cash, cash equivalents and short-term investments, reflecting a strong liquidity position that provides flexibility to fund growth initiatives and shareholder returns. Third-quarter revenues reached $736 million, declining 0.5% year over year but exceeding management's expectations. Adjusted EBITDA totaled $266 million, representing a 36% margin.
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