Viant Technology Inc. operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop. It provides ViantAI, an artificial intelligence product suite; Holistic, Omnichannel DSP, an integrated platform that manages omnichannel campaigns and access metrics; Household ID, which combines digital and personal identifiers into a normalized household profile; IRIS_ID, a content identifier that allows partners to share video-level data to power planning, targeting, and measurement solutions in ad-supported streaming media; and Viant Data Platform, which offers the ability to integrate first-party data with data from top third-party data providers to obtain key insights, reporting, and attribution opportunities. The company also offers Direct Access, a supply path optimization program that creates a direct path to premium inventory; Advanced Reporting and Measurement that offers conversion lift, multitouch attribution, foot-traffic data reports, digital-out-of-home lift, sales reporting, and ROAS analytics; and Flexible Customer Engagement Model, which offers customers transparency and control over their advertising campaigns and underlying data infrastructure. The company sells its platform through a direct sales team focused on business development in various markets. It serves purchasers of programmatic advertising inventory and large, independent, and mid-market advertising agencies, as well as marketers. The company was formerly known as Interactive Media Holdings and changed its name to Viant Technology Inc. in January 2015. The company was founded in 1999 and is headquartered in Irvine, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $344M | $31M | $8M | $34M | 10.2% | 19.0% | 253.6% |
| 2024 | $289M | $20M | $2M | $34M | 4.4% | 29.7% | -168.6% |
| 2023 | $223M | $-4M | $-3M | $24M | -5.0% | 13.1% | -71.1% |
| 2022 | $197M | $-36M | $-12M | $-12M | -20.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 197.17 | 222.93 | 289.24 | 344.20 |
| Operating Revenue | - | 197.17 | 222.93 | 289.24 | 344.20 |
| Cost Of Revenue | - | 116.72 | 120.48 | 157.16 | 186.62 |
| Gross Profit | - | 80.44 | 102.46 | 132.07 | 157.58 |
| Operating Expense | - | 129.70 | 120.75 | 128.59 | 145.51 |
| Research And Development | - | 21.29 | 24.76 | 23.74 | 30.53 |
| Selling General And Administration | - | 108.41 | 96 | 104.85 | 114.97 |
| Total Expenses | - | 246.43 | 241.23 | 285.76 | 332.12 |
| Operating Income | - | -49.26 | -18.30 | 3.48 | 12.08 |
| Total Operating Income As Reported | - | -49.26 | -18.30 | 3.48 | 12.08 |
| EBITDA | - | -36.13 | -3.56 | 19.94 | 30.78 |
| Normalized EBITDA | - | -36.13 | -3.56 | 19.94 | 30.78 |
| EBIT | - | -49.26 | -18.30 | 3.48 | 12.08 |
| Interest Expense | 0.86 | - | - | - | - |
| Net Interest Income | - | 1.48 | 8.59 | 9.24 | 6.10 |
| Other Non Operating Income Expenses | - | -0.31 | -0.09 | -0.01 | -8.05 |
| Other Income Expense | - | -0.31 | -0.09 | -0.01 | -8.05 |
| Interest Expense Non Operating | 0.86 | - | - | - | - |
| Net Non Operating Interest Income Expense | - | 1.48 | 8.59 | 9.24 | 6.10 |
| Pretax Income | - | -48.09 | -9.79 | 12.70 | 10.13 |
| Tax Provision | - | 0 | 0.15 | 0.25 | -13.96 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -48.09 | -9.94 | 12.45 | 24.10 |
| Net Income From Continuing And Discontinued Operation | - | -11.91 | -3.44 | 2.36 | 8.35 |
| Net Income From Continuing Operation Net Minority Interest | - | -11.91 | -3.44 | 2.36 | 8.35 |
| Net Income | - | -11.91 | -3.44 | 2.36 | 8.35 |
| Net Income Common Stockholders | - | -11.91 | -3.44 | 2.36 | 8.35 |
| Net Income Including Noncontrolling Interests | - | -48.09 | -9.94 | 12.45 | 24.10 |
| Normalized Income | - | -11.91 | -3.44 | 2.36 | 8.35 |
| Diluted NI Availto Com Stockholders | - | -11.91 | -3.44 | 2.90 | 24.10 |
| Basic Average Shares | - | 14.18 | 15.22 | 16.22 | 16.42 |
| Diluted Average Shares | - | 14.18 | 15.22 | 20.47 | 66.98 |
| Reconciled Depreciation | - | 13.13 | 14.73 | 16.46 | 18.70 |
| Reconciled Cost Of Revenue | - | 116.72 | 120.48 | 157.16 | 186.62 |
| Total Unusual Items | 6.11 | 0 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | 6.11 | 0 | 0 | - | - |
| Minority Interests | - | 36.18 | 6.50 | -10.09 | -15.74 |
| Special Income Charges | 6.11 | 0 | 0 | - | - |
| Other Special Charges | -6.11 | - | - | - | - |
| General And Administrative Expense | - | 44.45 | 45.34 | 51.10 | 50.17 |
| Other Gand A | - | 44.45 | 45.34 | 51.10 | 50.17 |
| Total Other Finance Cost | - | -1.48 | -8.59 | -9.24 | -6.10 |
| Selling And Marketing Expense | - | 63.96 | 50.65 | 53.75 | 64.80 |
| Average Dilution Earnings | - | - | 0 | 0.54 | 15.74 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Viant Technology Inc.this co. | DSP | $835M | 99.94β premium | 10.16 | 10.2% | 21.61 |
| ZoomInfo Technologies Inc. | GTM | $893M | 7.19 | 0.59 | 8.2% | 7.02 |
| Cricut, Inc. | CRCT | $867M | 11.30 | 2.52 | 22.3% | 4.54 |
| LSI Industries Inc. | LYTS | $850M | 34.84 | 3.68 | 10.6% | 18.73 |
| EFOR | EFOR | $845M | 7.44 |
| - |
| - |
| - |
| - |
| - |
| 0.47 |
| 6.3% |
| 5.39 |
| ASGN Incorporated | ASGN | $834M | 7.35 | 0.46 | 6.3% | 5.36 |
| Cantaloupe, Inc. | CTLP | $826M | 12.91 | 3.25 | 25.2% | 19.06 |
| Ibotta, Inc. | IBTA | $764M | 213.61 | 2.65 | 1.2% | 80.56 |
| Red Violet, Inc. | RDVT | $763M | 58.01 | 7.56 | 13.0% | 30.34 |
| Peer Median | - | 12.11 | 2.59 | 9.4% | 12.87 | |