The Numbers

$847 million: Income for This autumn 2025, up 14% year-over-year. Progress slowed in comparison with 22% YoY in This autumn 2024.

$2.9B: Income for 2025, up 18% YoY, down from 26% in 2024.

$2.9B: Income for 2025, up 18% YoY

$678 million: Income steering for Q1 2026.

Nearly 100%: The variety of shoppers utilizing its core platform Kokai. The Commerce Desk has beforehand acknowledged it plans to maneuver all shoppers to Kokai by finish of 2025.

Watercooler Discuss

CEO Jeff Inexperienced pointed to weak spot amongst shopper packaged items and automotive advertisers—two sectors that collectively account for greater than 1 / 4 of The Commerce Desk’s enterprise—as a key issue weighing down development. He mentioned some manufacturers in these classes have pulled again on promoting and shifted towards cost-cutting amid macroeconomic pressures, together with inflation and tariff uncertainty, tendencies that started within the second half of 2025 and have continued into this yr.

On the AI entrance, Inexperienced mentioned each engineer at The Commerce Desk is utilizing AI instruments to put in writing or check code and drive productiveness. The corporate plans to launch an agentic AI framework for companions in 2026, although he stopped in need of sharing specifics. 

When an analyst pressed Inexperienced if The Commerce Desk has the size in terms of deploying AI to compete with Amazon or Google’s DV360, Inexperienced responded saying “it is a sport of successful belief. It’s over a trillion-dollar TAM—there’s lots to concentrate on, and also you don’t make it a part-time job. All of these firms—their DSPs are part-time jobs. Their AI efforts and cloud merchandise are at odds with them proudly owning the DSP.”

The Commerce Desk reorganized its go-to-market method round a “brand-first” mannequin, Inexperienced mentioned, with “unified groups” now answerable for each enterprise growth and spend activation. Inexperienced added that the transfer will increase the variety of advertisers it really works with immediately whereas eliminating overlapping protection between company and advertiser groups.

These adjustments come as company giants together with Dentsu and WPP pulled the plug on OpenPath–The Commerce Desk’s most carefully watched know-how initiatives–over management and transparency issues, ADWEEK previously reported.

The know-how was a key matter on as we speak’s investor name, with an analyst asking about its future. Inexperienced defended OpenPath, saying: “When there’s a provide chain that’s inefficient and opaque, having a extra environment friendly one subsequent to it proves in an A/B check that B is much less environment friendly. OpenPath is supposed to be aggressive. At a second the place many businesses are targeted on principle-based shopping for—not doing nearly as good of a job representing their shoppers—and SSPs are convoluting the ecosystem, spending a lot of their time making an attempt to take advantage of it.”

In the meantime, CTV stays central to The Commerce Desk’s technique, with the corporate highlighting premium stock, live-event alternatives equivalent to NBCUniversal’s 2026 Winter Olympics.